Projects & Finance

Mitsubishi Hitachi Power Systems (MHPS) and Sumitomo have been selected by Société Tunisienne de l'Electricité et du Gaz (STEG) to develop a 450-MW combined cycle gas turbine power plant in Tunisia. The two companies signed an EPC contract to build the CCGT in the harbour city of Radès, just nine kilometres southeast of the capital Tunis.

Benefiting from high demand for gas auxiliary products, Innova Global has won a total of 19 new design, supply and install contracts, worth over $52 million, for several gas-fired power projects throughout North America. One of the latest orders covers the supply and installation of a Selective Catalytic Reduction (SCR) & Catalytic Oxidation (CO) gas-turbine exhaust stack scrubbers for a power plant expansion in the United States.

General Electric’s manufacturing operations in Greenville and Schenectady will supply two H-class gas turbines, three generators and a stream turbine for the 776-MW Topolobampo III gas power project. The contract win marks the first order of GE’s long-term customer Iberdrola for 7HA.01 technology in Mexico. The project is scheduled for completion in 2020. 

PetroVietnam Power Corp (PV Power) is getting ready to start construction works for nine gas-fired power plants with combined output of 5,250 MW. Fuel for the power plants will be sourced in the form of associated gas from the Lo B O Mon and Ca Voi Xanh oil fields, along with some imported gas, according to PV Power general director Nguyen Xuan Hoa.

AIM-listed Tlou Energy has generated first electricity from coal-bed methane (CBM) at its field in Botswana following the installation of a gas generator at near Selemo. “First gas-to-power via CBM in Botswana is an extremely significant milestone [for us] and in effect a proof of concept of ‘first gas monetisation’,” commented Tlou managing director, Tony Gilbert.

Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC) has won an order to build a municipal solid waste incineration plant in Shanghai, China. Delivery for key equipment is due in July 2018. Once operational, the waste-to-energy-plant will have a waste treatment capacity of 6,000 tons per day (tpd), one of the largest in the world.

The 450-MW Huadian-Teninskaya combined heat and power (CHP) plant in Yaroslavl Oblast, central Russia, will be brought online on June 20, plant operator TGK-2 announced. The 20 billion Ruble ($347 million) project was realised by a joint venture between TGK-2 and China Huadian under a capacity supply agreement (CSA) but start-up was delayed by more than three years; hence the operators face penalties imposed by the regulator.

Energy Impact Partners (EIP) has closed an investment in Powerphase. The investment is the first institutional round of financing raised by Powerphase, the company said without disclosing the value of the deal. Powerphase, an US-based provider of gas turbine upgrade technology stated it will use the financing to expand its geographic reach and accelerate deployment of its Turbophase product.

Castle Peak Power Company, a 70:30 joint venture between CLP Power Hong Kong and China Southern Power Grid International, has selected Leighton Asia to carry out civil works at the 2,500 MW Black Point Power Station in Hong Kong. Works come at an estimated cost of US$122 million and will help the plant operator to achieve its gas generation targets by 2020.

The Finish technology group Wärtsilä has been contracted to supply a power plant extension to AngloGold Ashanti's gold mine in Siguiri, Guinea. The turnkey project consists of three 20-cylinder Wärtsilä 32TS engines, to be connected with the existing power plant at site. The extension is due operational in the second half of 2018.

California ISO, the state power grid operator, has been given the regulatory green light from the California Energy Commission (CEC) to carry out a review to consider alternatives to the Puente Power Project (P3), proposed by NRG Energy. In its regulatory order, the CEC said it "understands development of such a study is normally a complex and intensive undertaking, but is hopeful that the California ISO will be able to derive a simplified set of assumptions that will allow the ISO to provide meaningful results within the Committee’s timeline."

Ansaldo Energy Group has been awarded new service agreements by IREN Energia for four combined-cycle gas turbine (CCGT) power plants in northern Italy. According to Ansaldo, the contract win, worth over €100 million shows there is further growth for its ability to service equipment produced by other OEMs. The deal comes shortly after another service contract win for units at the Taweelah Power and Water Complex in the United Arab Emirates (UAE).

Vattenfall has handed a 5-year contract to Capgemini that will see the latter implement a program to transform and manage Vattenfall’s finance and procurement services in the Nordics, Germany, the Netherlands and the UK.

The American arm of Fuji Electrics has supplied and installed a 125-MW steam turbine generator at Green Electron’s 300-MW combined-cycle gas turbine power plant in St. Clair Township of Ontario, Canada. The CCGT project is one of 30 power plants in the Canadian province that run on natural gas, and is  included in the province’s clean energy, “off coal plan.”

MaasStroom, a 426-MW combined-cycle gas turbine power plant situated at Rotterdam Port, has been sold by the US power plant developer InterGen to Castleton Commodities International (CCI), an independent global merchant. CCI said it will dispatch the flexible plant at short notice, in accordance with Tennet, to help balance the power grid of the Netherlands.