Power Producer News

DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Offshore wind technology is viewed as crucial for achieving global goals towards zero emissions. In support of these goals, the Greek government recently announced the draft ‘National Offshore Wind Farms Development Program’ which is overseen by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA).

RWE, Germany's largest power producer, said Europe needed more investment in liquefied natural gas (LNG) terminals on land to secure shipped fuel supplies from global gas producers in the long term.But RWE Chief Executive Andree Stracke told the Gastech conference in Milan that he did not think Europe would abandon Russian gas forever because of the cost to industries and households.Europe is facing its worst gas supply crisis ever, with energy prices soaring and German importers…

RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier this year said it was in discussions with potential LNG suppliers in the United States and Qatar, as Germany tries to diversify away from Russia, its largest supplier of natural gas.Sources told Reuters in May that talks with Qatar have proven difficult over a disagreement regarding key contract clauses…

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon, is the first offshore wind lease sale under U.S. President Joe Biden, who sees the expansion of the industry as a way to tackle climate change and create jobs.The administration has set a goal to install some 30 gigawatts (GW) of offshore wind by 2030 along the nation's coastlines and several states…

Thai power producer Gulf Energy Development Pcl on Thursday said its consortium had signed a deal worth 30.9 billion baht ($927 million) with the country's port authority for construction and operation of container terminals.The firm, among the country's largest private power producers, is owned by Thai billionaire Sarath Ratanavadi and has been investing billions of dollars to expand its infrastructure business."Gulf will use accumulated experience in developing and managing large-scale infrastructure projects in Thailand and overseas to develop the port…

Semco Maritime and PTSC M&C consortium has been selected by Hai Long Offshore Wind Project in Taiwan as the Preferred Supplier for two offshore substations for the Hai Long 2 and Hai Long 3 offshore wind projects.The projects will be established off the Taiwanese coast and deliver more than 1 GW of green wind energy when the projects are commissioned in 2025-2026."The contract represents the largest offshore substations contract awarded in a Taiwanese project to date. It is also the consortium’s first and considered an important strategic breakthrough…

Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, a wind power developer who will continue to support the project as a local partner, working together with Northland to achieve key milestones for the project. The acquisition is expected to close in the coming weeks, subject to customary closing conditions.According to Northland, the acquisition builds on the company's presence in Asia and specifically in South Korea. It is anticipated that South Korea’s installed capacity will more than double by 2050, with renewables accounting for approximately 59% compared to 8% in 2018.

European energy company Vattenfall has signed a five-year energy services agreement with the largest Finnish wind power producer TuuliWatti that includes the latter’s total wind power production in Finland.The agreement, which started on 1 January, entails forecasting, trading and balancing services for TuuliWatti’s total wind power production in Finland.Currently, the company’s wind power portfolio has an installed capacity of 441 MW and annual production of approximately 1,3 TWh, which equals to 20% of Finland’s annual wind production in 2019.“The agreement with TuuliWatti is fully in line with Vattenfall’s ambition to become a leading provider of renewable energy services to corporate customers in Europe.

Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners, Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy.The 300 MW Hai Long 2 offshore wind power plant project was awarded through the 2018 grid allocation mechanism in Taiwan. The project site is located approximately 50 kilometers off the coast of Changhua County. The project will utilize SGRE’s existing footprint and supply base in Taiwan in order to fulfil localization requirements on the project.

Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas,” said Park Jung-min, head of the Korean market development at Ørsted Asia Pacific. “We estimate that South Korea’s potential offshore wind power capacity can reach 30 GW.”According to Yonhap News Agency, the Danish state-run energy firm has recently completed the establishment of its Korean branch following South Korea’s announcement of a “Renewable Energy 3020 Plan…

Norwegian multinational energy company Equinor ASA and Argentine power producer YPF Luz have joined for the development of the Cañadón León wind farm in Santa Cruz in Argentina.As per agreement, a subsidiary of Equinor will subscribe to shares in Luz del León. The shareholders of YPF Luz are YPF S.A and an affiliate of General Electric.The agreement establishes that Equinor will have a 50% stake of Luz del León, with an equity contribution of USD 30 million. After the subscription and capital integration, YPF Luz and Equinor will jointly control Luz del León, while YPF Luz will be in charge of the operations of the Cañadón León Wind Farm project.After the completion of the works…

Dutch maritime contracting company Van Oord has completed the installation of the offshore substation at the 269 MW Northland Power’s Deutsche Bucht offshore wind farm in Germany`s Exclusive Economic Zone.The supersize substation with a 2,700-tonnes topside is the centrepiece of the wind farm. It houses all electrical equipment needed to transform the power from the 33 turbines to a higher voltage for further transmission, said a press release from the company specializes in dredging, land reclamation and constructing man made islands.The unmanned offshore substation consists of an upper part, the topside, and a lower part, the jacket foundation.

Danish shipping company Dampskibsselskabet Norden has signed a ten-year Panamax contract of affreightment (COA) with Indian utility firm Sembcorp Energy India.Commencing April 1, Norden will carry out the transportation of steam coal in panamaxes totalling 12 million tonnes over the ten-year period  from Indonesia and South Africa to the port of Krishnapatnam in East Coast India.The voyages will be carried out on both Norden owned and chartered vessels.Norden pointed out in a press release that demand for energy in India is on the rise in line with the country’s economic expansion. Sembcorp Energy India Ltd is a leading independent power producer in India…

Siemens Gamesa Renewable Energy (SGRE)  has won a new order in India from ReNew Power, India's large largest renewable energy independent power producer (IPP), for the supply of 270 SG 2.1-122 wind turbines with a total capacity of 567 MW.The agreement is one of the largest announced in India and will see Siemens Gamesa provide the infrastructure needed to install and operate two wind power facilities, 127 SG 2.1-122 wind turbines for the project in Bhuj, Gujarat and 143 SG 2.1-122 wind turbines for the project in Davanagree, Karnataka, respectively.Both projects are expected to be commissioned by the first quarter of 2020. SGRE has over 1 GW of contracted capacity of wind projects for ReNew Power.With over 1 GW of contracted capacity of wind projects for ReNew power…

ST Engineering has announced that its Marine arm has won $560m worth of new contracts in the last quarter of 2018. Fast Patrol Boats For the Singapore Police Coast GuardThe Ministry of Home Affairs has awarded ST Engineering a contract for the design, construction and maintenance of Fast Patrol Boats for the Singapore Police Coast Guard. Construction of the boats is expected to commence in mid-2019.145 MW Floating Power BargeST Engineering and Siemens have jointly received an order for a SCC-800 2X1C SeaFloat barge-mounted power plant from Seaboard Corporation subsidiary Transcontinental Capital Corporation (Bermuda) Ltd., an Independent Power Producer with operation in Dominican Republic.Under a turnkey plug and play concept…

Northland Deutsche Bucht has completed the installation of all 31 foundations for its offshore wind farm project in the North Sea.The  Canadian power producer of Northland Power's third offshore wind farm which is  about 95 kilometres to the northwet of the North Sea island of Borkum in Germany’s Exclusive Economic Zone (EEZ), pointed out that this successfully concludes the first phase of construction within the planned timeframe.Jens Poulsen, Project Director of Northland Deutsche Bucht GmbH, says: “Installation work on the construction site, which is more than 100 kilometers off the coast, is a real challenge in the winter months.

The independent power producer EDF Renewables North America and  Shell New Energies US,  offshore wind company in the U.S,  have formed a 50/50 joint venture, Atlantic Shores Offshore Wind to develop a lease area within the New Jersey Wind Energy Area (WEA).The area, spread over 183,353 acres and located off the coast of Atlantic City  on the U.S. Outer Continental Shelf (OCS), has the potential to produce about 2,500 megawatts of offshore wind energy - enough to power close to one million homes, EDF said in a statement.“Shell has bold ambitions to grow our renewable power business and we see great potential in U.S. offshore wind,” said Dorine Bosman, VP Shell Wind Development.

UK-based oil and gas exploration and production company Energean Oil & Gas  has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 BCM of gas from its Karish and Tanin FPSO over a period of 19 years.According to a release, the contract is subject to necessary approvals and is contingent on results of the 2019 drilling programme, which includes the drilling of four wells in Israel and commences with the spud of Karish North in March 2019, targeting 36.8 BCM (1.3 Tcf) of gas with a volume weighted geological chance of success of 69%.The agreement adds between 0.265 and 0.38 BCM/yr of gas sales, commencing in approximately 2024.

Combined tanker capacity of at least 2.25 mcm LNG lies unused. Over a dozen liquefied natural gas (LNG) tankers are parked, many idle, in and around Singapore - one of the world's biggest trading hubs for the fuel - in a sign that the slowdown engulfing world gas markets may be worsening into a crisis. With Asian spot LNG prices down by almost two-thirds since February 2014 as slowing demand combines with rising output, shippers are parking their tankers close to ports like Singapore where unused ships can be easily maintained and serviced until new orders come in. Leading ship brokers estimate over one-tenth of the global fleet of 400 LNG tankers is currently unused because of slowing growth in Asia's biggest economies. The impact just in Singapore suggests the problem could be worse.

Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria.The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline, and transport gas from the proposed LNG terminal to the domestic market, AGL said.The second is with the Port of Hastings Development Authority for the long-term use of Crib Point Jetty berth 2 to moor the floating storage and regasification unit (FSRU).Both are subject to a final investment decision to be made on the terminal by the financial year 2019.The company expects the delivery of first gas into the domestic market during the 2021 financial year.AGL said it is working on getting environmental

AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on Friday.The A$250 million ($189 million) project will consist of a leased floating storage and regasification unit (FSRU) and jetty at Crib Point in the southeastern state of Victoria. The terminal will handle up to 130 to 140 petajoules a year, or 2.6 million tonnes of LNG, by 2020 or 2021."We are working to progress the project to a final investment decision in the financial year 2019 and are on track to do that," said Phaedra Deckart…

Mitsubishi Hitachi Power Systems (MHPS) has received an order from ENEA Wytwarzanie S.A., a power producer in Poland, for two sets of selective catalytic reduction (SCR) type deNOx system for installation at Units 1 and 2 of the company's Power Station in Kozienice. These high-performance systems reduce emissions of NOx (nitrogen oxides), a cause of air pollution, by more than 80 percent. They are scheduled to go into operation at Unit 1 in late 2015 and at Unit 2 in May 2016. The Power Station in Kozienice, located some 85 kilometers south-southeast of Warsaw, is one of Poland's largest coal-fired power plants. Units 1 and 2 have an output of 200 megawatts (MW) each.

India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts, power minister Piyush Goyal said in Sydney. The global search for LNG comes as India’s gas-fired plants, which can generate nearly 25 gigawatts of power, run at less than a quarter of their capacity because of a shortage of the fuel at affordable prices. “I think gas needs to be between $5 and $5.50 landed at my power plant. That is what I’m looking for in the medium- to long-term,” Goyal said. In fact, a boom in LNG demand and projects is taking shape in India.