Vistra has announced that it has completed the acquisition of seven gas-fired power plants totalling 2557 MW capacity from Lotus Infrastructure Partners in a $1.9 billion deal, subject to certain net working capital adjustments.
Iraq’s Ministry of Electricity has signed an agreement to construct the 3 GW Al-Faw CCGT power plant in Basra. The contract is between the Iraqi entities Southern Power Production General Company and Advanced Technology Systems Company, with the project to be carried out by GE.
South Africa has announced a new national energy plan, which proposes reviving its stalled SMR nuclear project and expand gas-fired power generation.
Work has started on the expansion of Siemens Energy’s combustion test facility, the Clean Energy Centre near Berlin, Germany. This facility will significantly advance the development of hydrogen-fuelled turbines.
Mitsubishi Power has won an order to supply a 100 MW CCGT power plant for Jiangsu Lihuai Steel, a major Chinese steelmaker. The newly developed M100S gas turbine fired by blast furnace gas (BFG) will be utilised as a core component of the plant. This is the first order for this new model.
PJSC Ukrnafta, Ukraine’s largest oil extraction company, has secured €150 million in grants and a loan for €250 million from the European Bank for Reconstruction and Development (EBRD) to develop 400 MW of new generation projects.
According to a report, The Future of Electricity in the Middle East and North Africa, by the International Energy Agency (IEA), electricity consumption in the Middle East and North Africa (MENA) has tripled since 2000 and is predicted to rise by an extra 50 per cent by 2035.
Centrica and HiiROC, a hydrogen technology specialist, have successfully trialled the use of hydrogen in a gas-fired peak power plant for the first time in the UK.
Mitsubishi Heavy Industries (MHI) has announced that it will double its gas turbine manufacturing capacity over the next two years.
Siemens Energy and Capital Refractories Limited have agreed that Siemens Energy will acquire 100 per cent of the shares in Capital Injection Ceramics Limited (CIC), a subsidiary of Capital Refractories.