Projects & Finance

Aspiring to fully digitalize its infrastructure, Singapore is piloting 'MindSphere' – Siemens' open, cloud-based operating system for the Internet of Things (IoT). To that end, the German OEM inaugurated a digitalization hub in the city state, supported by the Singapore Economic Development Board (EDB), were it will develop IoT and Industry 4.0 solutions in collaboration with customers in Southeast Asia.

Finish technology group Wärtsilä has been contracted by two Iranian energy firms, Baran Niroo Beshel and Tamin Niroo Saam, to provide engineering and equipment deliveries for two baseload power plants. The gensets are expected to be delivered during the third quarter of 2017, the manufacturer said, stressing that once operational, the plants will be Iran’s “first decentralised power plants of its kind.”

Seoul-based power utility GS Electric Power and Services (GS EPS), part of GS Group, has inaugurated unit 4 for its LNG-fuelled Dangjin combined-cycle gas turbine (CCGT) power plant. Huh Chang-soo, chairman of GS Group dropped hints at the inauguration ceremony that GS EPS is taking steps to directly import spot cargoes of US LNG through the Boryeong regas terminal as it is seeking to “increase the price competitiveness of its power supply.”

Arizona-based Tuscon Electric Power (TEP) has issued a request for proposals (RFP) in search for a contractor to design and build a power station that will house 10 reciprocating internal combustion engines with 200 MW combined capacity. TEP plans to bring half of the units online by mid-2019, and the remaining by mid-2021.

Germany-based MTU Maintenance has extended its exclusive contract with Sahacogen (Chonburi) for maintenance repair, overhaul of its three LM6000PC gas turbines. The long-term service agreement is valued at over $35 million and runs until the end of 2023.

General Electric, through its energy investing unit GE Energy Financial Services, and YPF Energía Eléctrica, have secured $220 million project financing for the 267-MW Tucumán and 107-MW Loma Campana II projects. Citi, Credit Suisse and Export Development Canada (EDC) jointly led the financing, which represent the first power plant project financing in Argentina in almost 20 years.

The Turkish energy company Karpowership has placed an order for a total of 38 engines of the type MAN 51/60. The engines each have a power output of 18.5 - 20.4 MW, and deliveries are due to start later this year, for commissioning to take place in 2018.

Kuwait’s Ministry of Electricity and Water (MEW) has selected Alghanim International for execution of engineering, procurement and construction (EPC) of the Sabiya Extension-3. As part of this 900 MW project, the EPC contractor has asked Siemens to supply key power generation equipment, notably the power train.

EVN SPC, Vietnam’s state-run utility Electricity of Vietnam Southern Power Corp has opened a new main control centre in Ho-Chi-Min City, commonly known as Saigon. The state-run energy company had asked Siemens to develop, design and build the control centre to be able to remotely monitor the medium- and low-voltage grids in 21 provinces in southern Vietnam.

Southern Power, part of the US wholesale energy provider Southern Company, has asked Wärtsilä to supply equipment and provide technical as well as commercial support for the development of two 450 MW gas power projects. Owning over 12,600 MW of generating capacity in the United States, Southern Company grows its business through new assets that are substantially covered by long-term contracts.

Indonesian state power utility PT PLN (Persero) has appointed a consortium of local construction firm PT Wika and the Spanish contractor TSK Electronica y Electricidad to build the Sumbagut-2 peaking power plant in Aceh, on north Sumatra. Wärtsilä is contracted to supply 13 of its 50SG engines, running on natural gas and providing an output of approximately 240 MW.

Two further project-wins in China illustrate the success of turbine-based cogeneration plants made by MAN Diesel & Turbo. The German manufacturer has been awarded two orders in collaboration with its Chinese EPC partner Liyu, and first announced the deals at Power-Gen Europe held at Cologne Messe this week. The contract stipulates MAN to deliver its signature MGT series gas turbines to subsidiaries of the Chinese energy firm ENN Group, who is MAN’s end customer on that deal.

Powerphase has closed an initial investment from Energy Impact Partners (EIP), an infrastructure fund that controls over 170 GW of generation capacity in their combined portfolios. EIP’s latest funds come as the first institutional round of capital for Powerphase, which seeks to speed up the global roll-out of its gas turbine products.

The Caribbean island of Aruba’s main electric utility, WEB Aruba, has awarded a contract to ABB to supply an advanced microgrid in order to help integrate solar and wind energy through production forecasting and real-time optimization of operations.

RWE Generation (RWE) has selected GE’s Power Services to upgrade the plant equipment of its 400-megawatt Great Yarmouth combined-cycle gas power station in Norfolk. As the age and fuel consumption of the plant increases, the retrofit with GE’s Fleet360 total plant solutions will help improve plant efficiency by up to 2% and output by up to 6%.