India-based Reliance Power has secured approval from the government of Bangladesh to develop a $1.3bn liquefied natural gas (LGN) power project.
Saipem and consortium partners Bos Shelf and Star Gulf have secured the $1.3bn contract for Stage 2 of the Shah Deniz natural gas project in Azerbaijan. The Shah Deniz field is located 90km offshore Azerbaijan, in water depths from 75-550m.The five-year scope of work will include the transport and installation of subsea production systems and subsea structures, and the installation of fibre optic cables and production umbilicals.It will also involve the installation of 90km of pipelines, the activation, crewing and operations management of the new-build subsea construction vessel (SCV) Khankendi.Saipem’s CEO Stefano Cao said: “We are delighted to have secured this major award, which enables us to continue and consolidate our 20-year relationship with BP and Socar in Azerbaijan and to put our world-class people and technologies at their disposal for the timely and efficient delivery of Shah Deniz Stage 2. “This award also further strengthens Saipem’s key role in the construction of the Southern Gas Corridor where the company has a total of four contracts, in the upstream segment and in gas transportation infrastructure both onshore and offshore.”
Scottish Water has commenced construction of phase one of a £120m project to upgrade the drinking water network in Ayrshire and parts of East Renfrewshire in Scotland. The water main’s route begins at Waulkmill Glen reservoir near Newton Mearns in the north and goes south via Drumboy Hill to Amlaird Water Treatment Works near Fenwick, with branches to the South Moorhouse and Corsehouse water treatment works.Preparatory works on the 13-mile long strategic water main have been carried out and the firm has now started work to install the pipes.Stewart Davis, Scottish Water programme manager, said: “This is a major piece of work on the first phase of Scottish Water’s overall investment in improvements to connect the system in Ayrshire with the Greater Glasgow area’s network.“We have worked closely with many different stakeholders, including landowners and statutory bodies, and we would like to thank them for their help and co-operation which has enabled us to complete the preparatory work and now move on to the construction phase.“This involves installing a new water main from Waulkmill Glen reservoir to the Fenwick Waterside area, which we estimate will be completed this autumn.”
Israel-based construction firm Shikun & Binui has selected the Noy Fund and the TSK Group to build the Ashalim thermo-solar power plant in Israel. Noy Fund and the TSK Group will replace Abengoa as constructors of the solar power plant. However, Abengoa will continue to serve as one of the project's sub-contractors in a limited capacity.The plant is expected to generate 110MW of power that will be sold to the Israel Electric Company under a 25-year deal, beginning once the plant becomes operational.Some of the world’s most advanced technologies will be used in the power plant, including an energy storage facility that will enable electricity production to continue uninterruptedly, even during cloudy days and at night time.During the construction phase, the project will employ hundreds of engineers, technicians, construction workers and service providers.The project, estimated to cost $1.1bn, will continue to move forward in line with its original timetable with completion expected in 2018.
Clean energy company Invenergy has broken ground on the $1.2bn Lackawanna Energy Center (LEC) in Jessup, Pennsylvania. The environmentally-friendly facility is being built on a site that is located on the far side of the highway and set behind a tree line, minimising visibility and noise.LEC will be equipped with GE's latest technology, and will generate fewer emissions due to the high-efficiency combustion turbines. The combined-cycle facility will maximize the usage of the heat from natural gas as fuel, increasing efficiency.Kiewit Power Constructors has secured the construction contract for the 1,500MW power plant, which will employ up to 800 construction workers during the construction peak. The energy centre is expected to be operational in 2018 and will then create 30 full-time jobs.
E.ON has entered into an equal stake partnership with Norwegian energy firm Statoil to build the €1.2bn Arkona offshore wind farm.
Atlantis has entered into an agreement with privately-owned international marine, subsea and renewable energy developer SBS to establish a joint venture to develop a 150MW tidal stream site in Indonesia.SBS has been studying the potential of ocean energy resources for tidal stream devices around the Indonesian archipelago since 2013. The project will now be implemented as SBS has completed the feasibility study. The project will be supported by a 25-year power purchase agreement with the state-owned electricity company, Perusahaan Listrik Negara (PLN).Atlantis CEO Tim Cornelius said: "The Indonesian archipelago of over 17,000 islands represents an extremely promising tidal stream resource. We are looking forward to working with SBS on this exciting project that offers the potential to provide highly predictable tidal stream power generation to the people of Indonesia."This also represents an opportunity for us to demonstrate our industry-leading tidal energy technology in a range of tidal conditions and export some of the intellectual property we have created through the development of the MeyGen project from Scotland to other parts of the world."The total cost of the project has been estimated at $750m and will be constructed over a number of stages.
Hyundai Engineering has begun construction on the $2.66bn Kandym gas processing plant in Uzbekistan.The South Korean company obtained orders for the front end engineering design (FEED) services for the Kandym gas field development in 2011, and received the engineering, procurement and construction (EPC) contract for Kandym gas processing plant in February 2015 from LUOC —a joint venture between Russia's Lukoil and Uzbekistan's state-run oil and gas company UNG.The processing plant is being constructed in the Kandym gas field, which is about 520km southwest from Uzbekistan's capital city Tashkent. When completed, the facility will have an annual production capacity of 8.2bn cubic metres, or 6.35m tonnes, of natural gas.The Hyundai Engineering's stake of the project is $2.01bn and construction work is expected to be complete in the first half of 2019.
Enel Green Power Brasil Participações (EGPB) has begun construction on Cristalândia wind farm in Bahia, Brazil.Located in the municipalities of Brumado, Rio de Contas and Dom Basilio, the $190m project will have a total installed capacity of 90MW, and is expected to commence operations in the second half of 2017. Upon completion, the wind farm will produce over 350GWh annually, which is enough to power more than 170,000 Brazilian households. It will also reduce carbon emissions by about 118,000 tonnes.The wind farm has been awarded to EGPB, a subsidiary of Enel, through the Leilão de Fontes Alternativas (LFA) — a public renewable energy auction — in April 2015.
Tenaska has secured $780m in commercial financing for the under-construction Tenaska Westmoreland Generating Station near Pittsburgh, Pennsylvania.The Tenaska Westmoreland project is owned by Tenaska Pennsylvania Partners, which is comprised of affiliates of Tenaska and Diamond Generating Corporation (DGC), a subsidiary of Mitsubishi Corporation.Black & Veatch is the engineering, procurement and construction (EPC) contractor for the 925MW natural gas-fuelled power plant project. The two natural gas turbines to be used will be provided by Mitsubishi Hitachi Power Systems.Tenaska Development Group president Greg Kelly said: "Achieving financial closing for Tenaska Westmoreland illustrates our ability to develop and advance market-driven power projects. We are pleased to reach this milestone and look forward to the next phase of the project."The power plant is expected to become operational in 2018.
NTE Energy has announced that it is developing three natural gas-fired electric generating facilities involving a total investment of around $2bn.The three facilities will include the Pickaway Energy Center (Pickaway County, Ohio), the Killingly Energy Center (Killingly, Connecticut) and the Reidsville Energy Center (Rockingham County, North Carolina).
MidAmerican Energy Company has filed a request with the Iowa Utilities Board (IUB) to build the $3.6bn Wind XI, which would be the largest wind generation project that the company has ever undertaken.The company will scout for final locations for its Wind XI development while the IUB considers the project filing request. Wind XI is expected to add up to 2,000MW of wind power capacity in Iowa.The project will generate approximately $12.5m per year in property tax payments, $18m per year in landowner payments, and $48m per year in state and local expenditures associated with the project.The company has requested IUB to sanction its rate-making principles by September 2016 so it can take full advantage of the extended production tax credit available for the construction of new wind projects.MidAmerican Energy CEO and president Bill Fehrman said: “Once the project is complete, we will generate wind energy equal to 85% of our annual customer sales in Iowa, bringing us within striking distance of our 100% renewable vision.”
Enel Green Power North America (EGPNA), a subsidiary of Enel, has begun construction on the Cimarron Bend wind farm in the US, which will entail an investment of about $610m.Located in Clark County, Kansas, the wind farm will be owned by Cimarron Bend Wind Project, a subsidiary of EGPNA. When completed, Cimarron Bend will have a total installed capacity of 400MW and will be able to generate around 1.8TWh annually, which will be sufficient to cater to the annual consumption needs of more than 149,000 US households. It will also prevent the emission of around 1.3m tonnes of CO2 each year.The power and renewable energy credits from Cimarron Bend will be sold under two 200MW bundled, long-term power purchase agreements with Google and Kansas City Board of Public Utilities (BPU) respectively. The project is slated to begin operations by 2017. It is financed through the Enel Group's own resources.Enel Green Power head Francesco Venturini said: "This project marks a major milestone for Enel, as not only will Cimarron Bend be the largest asset in our portfolio, but it also opens our renewable energy to new partners and uses."As we continue to invest and grow in the US we aim to cooperate with companies and partners that share the same vision for a more sustainable future."
TransCanada has been selected to construct, own and operate the Tula–Villa de Reyes natural gas pipeline in Mexico.Estimated to cost about $550m, the 36-inch diameter, 420km pipeline will start at Tula in the state of Hidalgo, and go up to Villa de Reyes, in the state of San Luis Potosí.It will be used to transport natural gas to power generation facilities in the central region of the country. The new pipeline will be linked with TransCanada's Tamazunchale and Tuxpan–Tula pipelines, as well as with other transporters in the region.With the Tula–Villa de Reyes pipeline, TransCanada will be operating six natural gas pipeline systems in Mexico representing an overall investment of about $3.6bn.Mexico's state-owned power company Comisión Federal de Electricidad (CFE) will aid the construction of the pipeline with a 25-year natural gas transportation service contract for 886m cubic feet per day.Tula–Villa de Reyes pipeline is slated to be operational by early 2018.TransCanada president and CEO Russ Girling said: "The Tula–Villa de Reyes Pipeline complements our existing pipeline network in Mexico and furthers our strategy of owning and operating highly contracted and regulated assets that generate stable and predictable earnings and cash flow streams."
L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro (L&T), has won two EPC contracts worth $370m from Petroleum Development Oman.The new contract includes engineering, procurement and construction of Saih Nihaydah Depletion Compression Phase 2 and Kauther Depletion Compression Phase 2 Project.The Saih Nihaydah field is located in central Oman and has been producing via the Saih Nihaydah Gas Plant, which was commissioned in 2005. The Kauther Gas Plant is located about 120km from the Saih Rawl Central Processing Plant.Both projects are being undertaken with an aim to overcome pressure depletion and maintain potential in order to sustain production.
Siemens Financial Services (SFS) and Macquarie Infrastructure Partners III (MIP III) have agreed to construct a natural gas-fueled power plant worth more than $800m on a 150-acre property in Lordstown, Ohio. MIP III and SFS will provide 73% and 27% of the equity investment to help realise the project.Siemens has been chosen as the turnkey supplier for the 940MW natural gas-fired combined cycle power plant. The company will supply two gas turbines, one steam turbine, two generators as part of the gas turbine packages, one generator as part of the steam turbine package, and an integrated plant control system. The clean power produced at the Lordstown Energy Centre will be delivered to the PJM market, which serves approximately 800,000 homes. The plant will replace a portion of the more than 18GW of coal-fired generating capacity in the region.Clean Energy Future, the developer of the project, will retain an interest in the project, which is slated to be operational in summer 2018.During the development and construction phase, approximately 450 people will be employed in union positions. A consortium of banks led by Industrial & Commercial Bank of China, Credit Agricole, Bank of America Merrill Lynch and Investec will finance the project with a $445m term debt.Siemens Power and Gas Division North America sales head and senior vice president John Gibson said: “As we look at the future of power generation in the United States, projects like the Lordstown Energy Center provide an example of how communities can harness cleaner-burning and affordable natural gas to provide efficient and reliable power.”
Enel Group subsidiary Enel Green Power Brasil Participações (EGPB) has begun construction of the Lapa solar park, which is expected to cost about $175m.The company secured the Lapa solar park project, together with Horizonte MP (103MW) and Nova Olinda (292MW), during the Leilão de Reserva public tender in August 2015.The 158MW solar park is being built on a site located at Bom Jesus da Lapa in Brazil's north-eastern state of Bahia. It will comprise two facilities – the 80MW Bom Jesus da Lapa and the 78MW Lapa.When functional, the solar park will generate close to 340GWh per year, sufficient to power more than 166,000 Brazilian households annually and prevent about 198,000 tonnes of carbon dioxide from emanating into the atmosphere.The project will be supported by 20-year supply contracts that will allow sale of specified volumes of energy generated by the plants to the Brazilian Chamber of Commercialisation of Electric Energy (Câmara de Comercialização da Energia Elétrica or CCEE).The solar park is scheduled to become operational in the second half of 2017.
The World Bank has approved $100m of funding for the Karnataka Urban Water Supply Modernization Project (KUWSMP) in India to provide clean water to citizens of Hubballi-Dharwad.The project will be implemented by the Hubballi-Dharwad Municipal Corporation. The municipality will hire a professional water supply operating company to help improve its water supply system through a 12-year contract. It will retain ownership of the water supply assets and control of the service delivery set up. KUWSMP will enable the Hubballi-Dharwad Municipal Corporation to set up a city-level water utility that will take over water supply operations from the operating company at the end of its contract period.The $100m loan from World Banks’ International Bank for Reconstruction and Development (IBRD) has a five-year grace period, and a maturity of 24 years.World Bank country director for India Onno Ruhl said: “No major city in fast-urbanizing India provides its residents with continuous piped water supply, a situation that particularly affects the poor, women and children, who spend time and money to secure water for their basic needs.“The government of Karnataka and the city authorities of Hubballi-Dharwad are trying to change this reality. The World Bank is pleased to support their efforts to ensure that all the citizens of the twin cities, including the poor who usually remain under-served in most urban areas, have access to clean water in their homes.”
Alliant Energy has received a verbal approval from The Public Service Commission of Wisconsin (PSCW) to begin construction on its Riverside Energy Center expansion project near Beloit, Wisconsin.The Riverside Energy Center expansion was first announced in late 2014. It will be built near Alliant Energy’s existing 675MW, natural gas-fired generating station.The project is valued at $700m, excluding transmission and AFUDC costs. It will substitute about 640MW of older Wisconsin coal and gas units and once completed will be powering more than 535,000 homes.Riverside Energy Center expansion project is scheduled to break ground later in 2016 and it is expected to be operational by early 2020. It will create more than 1,000 construction jobs in the region.The PSCW approval is contingent on Alliant Energy obtaining other state and federal permits for the project.Alliant Energy chairman, president and CEO Patricia Kampling said: “This is a major step forward as the Riverside project is a critical part of our mission to provide reliable, cost-effective energy to our customers for many years to come. “This highly efficient generating station will modernize our generating operations and further our transition to cleaner energy sources.”
The European Investment Bank (EIB) is set to offer £500m to improve the power transmission network in Scotland.The project will include a 1,200MW subsea cable between Spittal in Caithness and Blackhillock in Moray. It aims to upgrade connections between wind, wave and tidal renewable energy schemes and the national power network. Scottish Hydro Electric Transmission, a wholly-owned subsidiary of SSE, is building the project, which is due for completion in 2018. The company is investing over £1.1bn in the project.Once operational, the new link is expected to supply equivalent electricity to meet the needs of about 2m Scottish residents. The project is anticipated to create 600 construction jobs.EIB vice president Jonathan Taylor said: “Our strong partnership with SSE over many years demonstrates our firm commitment to support ambitious energy investment that creates jobs and benefits local companies.”