Renewable energy projects take off

This renewable energy project news was first reported in the CapProCon e-newsletter. To learn more, click here.

Vattenfall has been awarded the permit for the first non-subsidised wind farm in the Netherlands, the 700-750 MW Hollandse Kust Zuid project.

This is the company’s second offshore wind project in the Netherlands. Vattenfall previously announced that it intends to invest EUR 1.5 bn in growth investments in the wind power sector between 2017 and 2018.

vattenfall renewable energy ofshore netherlands

Bayerische Warenvermittlung (BayWa) will enter the Dutch solar market and acquire a 70 percent stake in a project pipeline of around 2,000 MW of solar plants from a consortium of GroenLeven Group, which will retain a 30 percent stake.

In the Middle East, Dubai Electricity and Water Authority (DEWA) has broken ground at the 700 MW fourth phase of the Mohammed bin Rashid Al Maktoum solar power plant.

The project, which features the world’s tallest solar tower measuring 260 m-tall and the world’s largest thermal energy storage capacity, will reduce 1.4 million tonnes of carbon emissions a year, says DEWA.

This development will use two technologies for the production of clean energy: the 600 MW parabolic basin complex and the 100 MW solar tower over a total area of 43 sq km. Approximately AED14.2 billion (USD3.86 bn) will be invested in the project.

 

CapProCon – update

A couple of updates from the latest CapProCon e-newsletter can be seen here.

ExxonMobil has outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. In the upstream sector, ExxonMobil expects to significantly increase earnings through a number of growth initiatives and investments in US tight oil, deepwater and LNG projects.

Meanwhile, Engie, in its latest annual report, highlighted the renewable energy projects it has invested in. They include the acquisition of a wind energy portfolio of more than 400 MW with the takeover of La Compagnie du Vent in France. The company also launched a joint venture with Abraaj Group to develop a 1 GW-plus portfolio of wind energy projects in India.

Clean TeQ

In the mining arena, Clean TeQ completed an underwritten institutional placement which has raised AUD150 mn (USD118.1 mn). Proceeds raised will be used to fund early works and long lead items to accelerate the development of its Sunrise nickel/cobalt/scandium project, located 350 km west of Sydney.

In Europe, Skanska will invest EUR41 mn in the first phase of a new office development in Gdansk, Poland. The first-phase of the project will be 14 stories high with two levels of underground parking.

The Capital Projects and Contracts (CapProCon) e-newsletter, distributed every Monday, includes dozens more updates and developments. To learn more, click here.

exxon mobil oil and gas capprocon

Power projects approved in Southeast Asia

The Capital Projects and Contracts e-newsletter contains dozens of project updates. See below two notable projects approved in the last week.

Mitsubishi Hitachi Power Systems (MHPS) has received a full-turnkey order for the EPC of a 5,300 MW natural-gas-fired power plant. The project is planned by a joint venture of Thailand’s Gulf Energy and Mitsui & Co. The units will be installed at two plants located near Bangkok, with commercial operations due to begin in 2021 and 2023, respectively.

The plans call for two 2,650 MW gas turbine combined cycle (GTCC) power plants incorporating eight M701JAC gas turbines.

Meanwhile in South Korea, GE Power has been awarded a USD320 mn contract through its joint venture, KAPES, by Korea Electric Power Corporation (Kepco). It will provide equipment and expertise for a 4 GW HVDC transmission link from a power complex located in South Korea (pictured).

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Capital Projects and Contracts snapshot

A whole host of developments can be seen in the latest Capital Projects and Contracts (CapProCon) e-newsletter. Here’s a taster of what included in our most recent edition..

CG/LA Infrastructure has released its 11th annual Strategic 100 Global Infrastructure Report, which features a list of 100 projects representing over USD644 bn in expected investment.

In 2018, the transit sector presents the highest number of opportunities with 20 projects with a combined value of USD115 bn. High-speed rail is second with seven projects at a value of USD106 bn. Bridges and tunnels come in third place with almost USD74 bn of investment spread across 14 projects.

Elsewhere, in power generation, Mitsubishi Hitachi Power Systems (MHPS) received a full-turnkey order for the EPC of a 5,300 MW natural-gas-fired power plant in Thailand. Meanwhile, India approved the construction of 12 new nuclear power projects.

In a week where a number of the oil majors reported significant rises in net profitability, CB&I received a letter of award from Abu Dhabi National Oil Company (ADNOC). It will build the Crude Flexibility Project (CFP) , valued at more than USD500 mn, in Ruwais, UAE.

Meanwhile, in South Africa, DRA secured a contract from Exxaro Coal Mpumalanga to construct a 500 tonnes per hour coal handling and preparation plant in Mpumalanga.

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The Capital Projects and Contracts (CapProCon) e-newsletter, distributed every Monday, includes dozens more updates and developments. To learn more, click here or email davidkershaw@capprocon.com

oil and gas. Capital Projects and Contracts.

2018: great expectations

Steve Sawyer, secretary general at the Global Wind Energy Council (GWEC) suggests that 2017 will have been a year of modest growth for the renewable energy sector, although he has entered 2018 with great expectations for renewables.

“Plummeting prices both on and offshore wind means that the appetite for new wind power continues to grow across the globe – although not as evenly or as quickly as we would like.

“In particular the offshore sector is expected to be exciting, with the European market now really hitting its stride, the Chinese market finally reaching escape velocity, and new markets in the USA, Taiwan and potentially a whole list of others (including India) making progress in 2018,” said Sawyer.

US renewables dodge bullet

He said the industry in the USA “dodged a bullet” with the preservation of the production tax credit (PTC) at the end of 2017. He also pointed out that Canada, Brazil, Colombia and Argentina have demonstrated exciting potential. “The impasse in South Africa looks like it might finally end, and we’re going to see the beginnings of new markets in Russia and Saudi Arabia this year, along with build-out in Morocco, Egypt, Kenya and probably elsewhere on the African continent,” he added.

In Europe, Sawyer expects 2018 to be “a year of reckoning in the climate negotiations”, as EU the determines its post-2020 climate targets.

Finally, Sawyer said the renewable energy in Asia, aside from China and India, remains a “tough nut to crack”, although GWEC will be “working on Vietnam and perhaps the Philippines, as well as looking for opportunities elsewhere in the region. The Indian market took a hit this year with a policy gap while the auction system was put in place, but we expect a return to growth in 2018.”

This article on renewables was first reported in the CapProCon e-newsletter. Learn more here!

Renewable energy, offshore wind, capital projects. wind energy.

Vestas announces flurry of projects

Wind turbines manufacturer Vestas announced a flurry of turbine orders multiple markets.

European contracts

Vestas received a 28 MW order from Total-EREN for the Flampouro project located in Greece. It includes the supply and installation of two V117-3.45 MW turbines and six V126-3.45 MW turbines.

It also secured a 279 MW order in Sweden from Eolus Vind. 61 V136-3.45 MW turbines will be supplied to the Kråktorpet and Nylandsbergen wind projects. 13 V136-3.45 MW turbines will be delivered to the Sötterfällan and Anneberg projects.

Vestas also signed a partner agreement with W.E.B to supply its 4 MW platform for future projects in Germany, Austria, Italy, France, Canada, and the US. Meanwhile Ebert Erneuerbare Energien Projekt placed a 28 MW order with Vestas for eight V136-3.45 MW turbines for the Grohnde-Kirchohsen wind park in Lower Saxony, Germany.

Vasa Vind ordered 23 V110-2.0 MW turbines for the 49 MW Munkflohögen wind farm located outside Östersund in central Sweden.

Vestas has received a 96 MW order from Innogy Renewables UK for the Clocaenog Forest wind farmin the UK.

Aquila Capital is set to acquire the 357 MW Valhalla windpower project in Sweden. The project will consist of 85 V136 4.2 MW Vestas turbines. The project will be delivered on an EPC basis.

North American orders

Vestas has received a firm and unconditional order from an unnamed client for a 190 MW project in the USA. Vestas will supply its 4 MW platform. It also received a firm and unconditional order for 87 V136-3.45MW turbines for the 300 MW Henvey Inlet wind project in Ontario, Canada. The order was placed by Pattern Energy Group.

Avangrid Renewables placed a firm and unconditional order for 184 MW of wind turbines. The deal includes 41 V136-3.45 MW turbines for the first phase of the Montague wind project in Oregon.

South America and Asia

Vestas will supply nine V136-3.45 MW turbines to Vientos de Renaico for the 32 MW La Flor wind farm in the Renaico region of central Chile.

Argentina’s Petroquímica Comodoro Rivadavia placed an order with Vestas for the supply and installation of six V117-3.45 MW turbines. Delivery is planned for the second quarter of 2018 and installation is scheduled for the fourth quarter of 2018.

Vestas has signed a deal with Aluar Aluminio Argentino to extend the Aluar wind park. The contract to build the second phase of the project comprises supply and installation of 14 V126-3.45 MW turbines.

Compañía Eólica Vicente Guerrero has placed a 118 MW order with Vestas for the Vicente Guerrero wind park in the state of Tamaulipas.

Watsun Infra Private, a subsidiary of Continuum Wind Energy, has placed a 96 MW order with Vestas for the second phase of the 150 MW Periyapatti wind farm in the state of Tamil Nadu, India. Vestas will supply 34 V100-2.0 MW turbines as well as 14 V110-2.0 MW turbines.

This news was first report in the CapProCon e-newsletter.

Vestas renewable energy

Sun shines on African solar projects

Solar power projects continue to win favour in Africa, with Senegal and Nigeria approving new projects in recent weeks. The projects below were reported in the most recent edition of CapProCon.

African solar

Vinvi Energies’ subsidiary Omexom has been awarded a contract by Société d’Electricité du Sénégal (Senelec) for the construction of eight solar PV power plants in Senegal.

With a combined capacity of 17 MW in Senegal, the projects represent a EUR26.8 mn (USD32.04 mn) investment, financed by the German bank KFW and Senelec. Handover is scheduled in July 2018.

The new plants, made up of a total of 62,850 solar panels, will be spread over four large regions: the Saloum Islands and the Thiès region in the western part of the country and the Tambakounda and Kolda regions in the east.

The Thiès plant, which will be directly connected to the grid, will have installed capacity of 15 MW. The other seven plants, which have a hybrid (PV-diesel) design, some with battery storage, will have a total combined capacity of 2 MW.

Wärtsilä inks first solar EPC

Wärtsilä has been awarded the engineering, procurement and construction (EPC) contract for its first utility-scale solar photovoltaic (PV) power plant.

Pan Africa Solar is developing the 75 MW plant that will be the largest of its kind in Nigeria.
“Our contract bid was successful because we were able to bring added value to the project in various areas, including local support and technical advisory services. Pan Africa Solar and Wärtsilä are currently finalising the EPC contract and in the meantime, this letter of award is a major milestone,” says Javier Cavada, president, Wärtsilä Energy Solutions.

This project is one of 14 solar PV projects by IPPs (independent power producers) signed in July 2016 by the Nigerian Bulk Electricity Trader (NBET), part of Nigeria’s Federal Ministry of Power. The total power generated by these projects when completed will be 1.2 GW, all of which will be transmitted to the national grid.

African solar

Africa: power generation ramps up with new projects

The following power generation projects have been published in previous editions of Capital Projects and Contracts (CapProCon).

300 MW Mozambique development

Ncondezi Energy has signed a deal to enter into exclusive negotiations with China Machinery Engineering Corporation (CMEC) and General Electric South Africa (GE) over a 300 MW coal power project in Mozambique.

The parties have agreed the terms of a non-binding offer (NBO) related to the development, construction and operation of the coal-fired power project, as well as an open pit coal mine in Tete province.

540 MW gas-fired Qua Iboe power plant

A joint venture including Nigerian National Petroleum Corporation (NNPC), Dangote Group and Black Rhino Group will build the 540 MW gas-fired Qua Iboe power plant (QIPP) in Akwa Ibom, Nigeria. The deal was signed with Mobil Producing Nigeria and power is scheduled to start flowing in 2021.

Three for Angola

Wärtsilä has signed a framework supply contract to supply power generation equipment for three new power plant projects under development by Dongfang Electric in Angola. The three new baseload plants will be located in Luena, Benguela and Saurimo, and will each have an electrical output of approximately 23 MW. The generator sets are scheduled for delivery in the first quarter of 2018.

Cameroon hydro

Finally, Platinum Power pre-qualified seven consortia for the design and construction of a 365 MW hydropower power generation near Makay, Cameroon.

Indian offshore wind edges forwards

Offshore wind farmThe FOWIND Consortium has issued a new report studying the potential for India’s offshore wind industry.

The DNV GL-led study, ‘Grid Integration Study for Offshore Wind Farm Development in Gujarat and Tamil Nadu’ is the first step in providing a path for developing a sustainable and commercially viable offshore wind industry in India.

This report – published in cooperation with the Global Wind Energy Council (GWEC) and state utilities Getco and Tangedco – addresses the critical issue of how to prepare the state power systems to connect offshore wind projects in Gujarat and Tamil Nadu.

Massive potential

The GWEC says that India has the world’s fourth largest onshore wind market with a total installed capacity of over 32.6 GW. However, India does have an acute need for large-scale, clean energy generation to fuel its rapidly growing economy. Offshore wind power could play a very important role here due to the large wind resources available near centres of high-energy demand. Globally, offshore wind power is becoming increasingly cost-effective with installations close to 14.5 GW at the end of 2016.

“Offshore wind has taken dramatic steps forward in the past two years, particularly the major established market in Europe where tender prices have dropped by more than 50 percent in the last 18 months”, said Steve Sawyer, GWEC secretary general. “It’s a rapidly maturing technology ready to go global and we expect India to be one of the major beneficiaries.”

“For the success of renewables in general and offshore wind specifically it is important that it can be integrated into the grid. Otherwise curtailment will have a massive impact on the levelised cost of energy. A strong grid is the backbone of a high renewables generation future,” added Mathias Steck, executive vice president and regional manager Asia Pacific, DNV GL – Energy.

The FOWIND consortium aims to complete the preliminary roadmap for offshore wind development in India in 2018.

Senvion wins cold climate contract

Senvion will supply wpd with nine MM92 wind turbines designed for cold climates, which will be installed at the White Pines wind farm in Prince Edward County, Ontario, Canada. The wind farm will have an output of 18.45 MW.

The project will provide clean, renewable electricity to about 3,000 homes. Senvion and wpd also concluded a service and maintenance agreement (ISP) for 15 years.

Source: Senvion