February’s top stories: Siemens supplied gearless turbines, AES and AIMCo buy FTP Power
Siemens Wind Power secured two contracts for supplying 13 of its gearless turbines in northern Germany, and AES and Alberta Investment Management signed an agreement to acquire FTP Power for $853m. Power-technology.com wraps up the key headlines from February, 2017.
Siemens Wind Power secured two contracts for supplying 13 of its gearless turbines to Lower Saxony and Schleswig-Holstein states in northern Germany.
As part of the deal, Siemens Wind Power will be responsible for installation and commissioning its six units of SWT-3.3-130 to WPD Windpark Damme, an electric utility company operating in Damme region.
Siemens will supply seven SWT-3.0-113 units, for the Karlum project in the northern part of Schleswig-Holstein.
AES and Alberta Investment Management (AIMCo) signed an agreement to acquire FTP Power (sPower) in the US for $853m.
In connection with the deal, the companies will also directly and independently purchase and own below 50% equity interests in sPower.
AIMCo's chief executive officer (CEO) Kevin Uebelein said: “AIMCo is excited to acquire an approximate 50% interest in sPower, on behalf of our clients and consistent with our investment mandate and in partnership with AES."
A consortium of Prysmian Group and infrastructure company Balfour Beatty won a €219m contract from ElecLink to establish a high-voltage direct current (HVDC) interconnector between France and the UK through the Channel Tunnel.
The interconnector is expected to increase energy exchange between the two countries and enable diversification of energy sources. It will be built to provide a power transmission link for the project, with a capacity of 1,000MW in either flow direction.
With a share of around €79m, Prysmian will coordinate the design, supply, installation, and commissioning of the interconnection.
Atlantis Resources deployed the 1.5MW AR1500 tidal energy turbine off the coast of Scotland.
The installation was the latest development in MeyGen tidal energy project, which was designed to harness the tides motion for powering up to 175,000 homes in Scotland. MeyGen's site is located in Pentland Firth, 2km from Scotland's north-east tip.
Designed by Lockheed Martin (LM) in partnership with Atlantis, the new turbine is equipped with LM developed subsystems, yaw drive system (YDS) and a variable pitch system (VPS).
Danish company Dong Energy has reorganised its Lincs offshore windfarm joint venture (JV) after JV partners Centrica and Siemens Project Ventures decided to divest their respective 50% and 25% shares in the 270MW Lincs windpower project in the UK.
Dong Energy received advice from UK-based international law firm Watson Farley & Williams (WFW) and the WFW London Energy and Infrastructure team, which was led by partner Simon Alsey and assisted by senior associates Jon Thursby, Natalie Georgiou, and Joe Hesketh.
Alsey said: “I’m delighted to have advised such a long standing and highly regarded client of the firm as Dong on this challenging and multi-faceted transaction.”
Irish power management company Eaton secured new contracts from the US Army Corps to upgrade and extend the lifespan of electrical systems at four hydropower facilities in Kentucky and Tennessee, US.
Eaton was awarded the contracts by Aponte Power Services, a US company working directly with the Army Corps of Engineers in Nashville.
Modernisation of the systems will support dams along the Cumberland River to continue producing sustainable electricity and facilitate flood control and water supply.
The four solarfarms, with a total installed capacity of 18MW, are developed under Thailand’s Governmental Agency and Agricultural Cooperatives Programme.
Located across the Ayutthaya and Pathum Thani provinces, the Prime Road Group Co-Op Project is equipped with over 158,500 thin-film PV modules delivered by First Solar.
German wind turbine manufacturer Senvion reached a total of 2GW installed power generation capacity in the UK.
The company crossed the 2GW limit with installation of a turbine at the 7.5MW Dunsland Cross onshore windfarm, which is owned by an investment fund advised by Temporis Capital and located in Devon Country, UK.
Senvion's chief executive officer (CEO) Jürgen Geissinger said: “Reaching 2GW installed capacity and leading UK installation figures demonstrate how Senvion remains a key player in the UK wind market.
“The collaborative, customer-focused approach we adopt ensures Senvion products remain competitive and offer ideal solutions to optimise the range of wind conditions across the UK.”
Chinese company JinkoSolar delivered 106.4MWdc of photovoltaic (PV) modules for US-based utility-scale solar assets owner sPower’s Solverde 1 solarfarm in California.
Located in Lancaster and California in the northern Los Angeles County, Solverde 1 solarfarm project was built and completed by sPower within 12 months.
JinkoSolar's US general manager Nigel Cockroft said: “At JinkoSolar, we are committed to meeting our partners' tight deadlines.
Finnish company Wärtsilä delivered two 50MW gas-fired smart power generation plants to energy and services company Centrica in the UK.
Under the terms of the deal, the company will also provide engineering, procurement, and construction (EPC) work for the UK power projects.
Located at Brigg in North East Lincolnshire and Peterborough in Cambridgeshire, the two power plants will supply power to the national grid. Together, they will to generate enough energy to meet the needs of approximately 100,000 UK families in less than two minutes from start to full load.