Projects & Finance
United Overseas Bank (UOB) has announced it sealed a financing deal with Singapore-based Royal GK, an engineering procurement and construction company, which is about to buy gas engines to build a gas power plant in Hlawga, Yangon, on behalf of…
A Spanish consortium comprising OHL Industrial and Sener engineering group have signed a $477 million contract with Mexico's Federal Electricity Commission (CFE) for the turnkey construction of the combined cycle plant Empalme I. Works are due to be completed within…
NamPower aims to commission and start up a 250 MW gas power plant, located some 12 km from Walvis Bay port, by August 2016. Costs of the project are estimated at over N$7.6 billion ($629m) which includes a power station,…
The 184 MW Moa power plant was recently inaugurated some 900 kilometres southeast of the Cuban capital Havana. The plant uses ten gen-sets powered by MAN 18V 48/60B engines rated at 18.4 MW each, running parallel to the grid in…
PW Power Systems (PWPS), a group company of Mitsubishi Heavy Industries, has won a contract from Miami Capital Holding to provide three MOBILEPAC units for installation in Conakry, Guinea. Core components of the first unit have already been flown to…
Limak Holding, a Turkish conglomerate focussing on construction, energy and cement, confirmed it plans to invest $1 billion this year to step up power generation capacity from its current 3,000 MW to more than 5,000 MW over the coming five…
Fuel cells that run on natural gas are making inroads into the data centre market: CenturyLink has deployed a 500 kW on-site generator plant from Bloom Energy to power an expansion of its data center in Southern California. Commissioning is…
Finnish engine manufacturer Wärtsilä announced it has signed a contract worth €120 million to supply power generation capacity for an unnamed European customer. The order includes Wärtsilä 50 platform gensets and auxiliary equipment.
State-owned Oman Power and Water Procurement Company (OPWP) has opened a tender for the provision of consultancy services to the Salalah 2 Independent Power Plant (IPP), drawing bids from an array of international developers. OPWP wants the project to be…
Swiss power plant developer Advanced Power has agreed financing for an $899 million combined-cycle gas generating plant (700 MW) in Ohio. Project financing deals see TIAA-CREF, Chubu Electric, Ullico and Prudential Capital provide $411 million in equity while $488 million…
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