logo
#

Latest news with #CCGT

Anwar: ACWA Power investment to boost Malaysia's green energy drive
Anwar: ACWA Power investment to boost Malaysia's green energy drive

New Straits Times

time5 days ago

  • Business
  • New Straits Times

Anwar: ACWA Power investment to boost Malaysia's green energy drive

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has welcomed Saudi Arabian firm ACWA Power's decision to choose Malaysia as its main hub in Southeast Asia. Anwar, in a post on Facebook, said the global leader in renewable energy and green hydrogen is expected to collaborate with local partners to spearhead major energy projects. "This is another positive development resulting from the close Malaysia-Saudi Arabia cooperation, particularly following my meeting with the founder of ACWA Power during the Asean-GCC Summit (in May). "This investment recognises Malaysia's energy transition policy, creates high-skilled job opportunities, and drives technology transfer," he said. Anwar added that ACWA Power is now forging a strategic partnership with Tenaga Nasional Bhd, UEM Lestra and Terengganu Inc. to develop renewable energy, hydrogen and combined cycle gas turbine (CCGT) projects, in line with the National Energy Transition Roadmap (NETR). This commitment, he said, further strengthens Malaysia's position as a key player in sustainable energy in the region and supports efforts towards a low-carbon economy.

CCGT Plant To Complement Solar Intermittency, Support Malaysia's 2050 Net-Zero Goal -- Expert
CCGT Plant To Complement Solar Intermittency, Support Malaysia's 2050 Net-Zero Goal -- Expert

Barnama

time28-07-2025

  • Business
  • Barnama

CCGT Plant To Complement Solar Intermittency, Support Malaysia's 2050 Net-Zero Goal -- Expert

BUSINESS By Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, July 28 (Bernama) -- The combined cycle gas turbine (CCGT) power plant is expected to play a vital role in addressing gaps in the power grid and complementing solar intermittency, as Malaysia works towards achieving its net-zero goals by 2050, an expert said. Malaysia's Grid System Operator chief engineer, Rofidah Mohamed, said the country is blessed with abundant sunlight, enabling high solar energy output during the day and reducing reliance on conventional generators. 'However, if it suddenly rains or clouds block the sunlight, disrupting solar energy generation, who steps in to fill the gap? This is where gas from CCGT power plants proves essential, as it is flexible enough to bridge the shortfall and temporarily replace solar energy,' she said. 'In fact, with the new gas turbine plant, power output can ramp up from zero to 100 per cent within 30 minutes, making it extremely useful at night, especially when there is no sunlight,' she told Bernama when met at the CGN Energy International Co Ltd (CGNEI) Gas Turbine Power Generation Conference 2025, here today. Rofidah expressed hope that CCGT power plants would continue to complement solar energy within the grid, as Malaysia progresses towards its net-zero carbon emissions target by 2050. "We do not want to rely on coal, as it is one of the most polluting energy sources. So we will gradually phase it out. What will remain are gas, solar, and large hydro plants – for example, in Terengganu and Kelantan,' she said. Edra Power Holdings Sdn Bhd, in collaboration with its shareholder CGNEI, hosted the conference in Kuala Lumpur today, themed "Empowering the Future through Collective Wisdom and Win-Win Collaboration". The event brought together over 200 key stakeholders from 47 organisations across China, Malaysia and South Korea to foster industry collaboration and chart a path towards a cleaner, more inclusive energy future for ASEAN.

Doosan Enerbility wins $248mln equipment contract for two Saudi power projects
Doosan Enerbility wins $248mln equipment contract for two Saudi power projects

Zawya

time11-06-2025

  • Business
  • Zawya

Doosan Enerbility wins $248mln equipment contract for two Saudi power projects

South Korean power equipment giant Doosan Enerbility has secured contracts valued at approximately 340 billion South Korean won ($248 million) to supply steam turbines and generators for two combined cycle gas turbine (CCGT) power plant expansion projects in Saudi Arabia. The contracts for Ghazlan 2 and Hajjar expansion projects were awarded by the engineering, procurement, and construction (EPC) consortium comprising Spain's Técnicas Reunidas and Egypt's Orascom Construction, according to a press statement issued by the company. Both power plants are designed with a total capacity of 2,900 megawatts (MW) and are scheduled for phased completion by 2028. Under the agreement, Doosan will deliver two sets of steam turbine and generator packages—rated at 650MW and 540MW—for each project, the statement noted. (1 US Dollar = 1,372.58 South Korean won) (Writing by Deva Palanisamy; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

UK: TotalEnergies Acquires a Pipeline of Solar and Battery Projects
UK: TotalEnergies Acquires a Pipeline of Solar and Battery Projects

Associated Press

time03-06-2025

  • Business
  • Associated Press

UK: TotalEnergies Acquires a Pipeline of Solar and Battery Projects

PARIS--(BUSINESS WIRE)--Jun 3, 2025-- TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. As the solar projects are at an advanced stage of development, the target is that they could be operational by 2028. They will produce more than 350 GWh/year of renewable electricity, equivalent to the electricity consumption of around 100,000 UK households. 'We are very pleased with the acquisition of this pipeline from the renewable developer Low Carbon. The acquisition of these solar and battery projects located in the south of England will complement our integrated electricity portfolio in the UK, which includes 1.1 GW of gross installed offshore wind, 1.3 GW of gross combined cycle gas turbine, and more than 600 MW of solar projects under development', said Olivier Jouny, SVP renewables at TotalEnergies. Roy Bedlow, Chief Executive and Founder at Low Carbon, added: 'We are very pleased to have finalised this agreement with TotalEnergies, who are making an impressive commitment to building renewable infrastructure and sees Low Carbon deliver one of the largest ready-to-build portfolios of solar and battery projects in the UK market. Once built, these projects will make a vital contribution to the Government's Clean Power 2030 ambition and reinforce Low Carbon's track record for developing renewable assets of the highest quality, while supporting the build out of the rest of our renewables pipeline as we continue to scale as an independent power producer.' *** The Company is one of the country's leading oil and gas operators, operating around 27% of the UK Continental Shelf's gas production, with average daily equity production of 121,000 barrels of oil equivalent per day (boe/d) in 2024. TotalEnergies is deploying its Integrated Power strategy in the UK, which combines renewable power production and flexible power generation capacities. Its renewable portfolio in the country includes 1.1 GW of gross installed capacity (Seagreen offshore wind farm) and 4.5 GW under development, in both offshore wind and solar projects. TotalEnergies also holds a 50% stake in a 1.3 GW combined cycle gas turbine (CCGT) operated in partnership with EPUKI. TotalEnergies is one of the UK's largest suppliers of gas and electricity to businesses and the public sector, offers electric vehicle charging solutions and markets petroleum products including lubricants, aviation fuel, bitumen and specialty fluids. As of the end of March 2025, TotalEnergies has 28 GW of installed gross renewable electricity generation capacity and aims to reach 35 GW by the end of 2025, and more than 100 TWh of net electricity production by 2030. @TotalEnergiesTotalEnergiesTotalEnergiesTotalEnergies We invest in, develop, and operate solar, wind, energy storage, and energy from waste projects across the UK, Europe, and North America. We're contributing to the world's move to 100% renewable energy by creating and operating 20 GW of new capacity. We have more than 16 GW of new renewables in development right now across the globe. View source version on CONTACT: TotalEnergies Contacts Media Relations: +33 (0)1 47 44 46 99 [email protected]@TotalEnergiesPR Investor Relations: +33 (0)1 47 44 46 46 [email protected] Carbon Contacts Media Relations: +44 (0) 789 614 [email protected] KEYWORD: NORTH AMERICA FRANCE UNITED STATES UNITED KINGDOM EUROPE INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY OTHER ENERGY OIL/GAS SOURCE: TotalEnergies SE Copyright Business Wire 2025. PUB: 06/03/2025 06:05 AM/DISC: 06/03/2025 06:03 AM

Iraq's power deal with Siemens to add 14,000 MW
Iraq's power deal with Siemens to add 14,000 MW

Zawya

time05-05-2025

  • Business
  • Zawya

Iraq's power deal with Siemens to add 14,000 MW

Iraq has recently signed an agreement with Siemens Energy to add 14,000 megawatts (MW) of electricity generation capacity to its national grid, the Electricity Ministry has said. The agreement, marking the third phase of Iraq's strategic energy partnership with the German company, includes the construction of gas-fired power plants across the country. These facilities will primarily utilise locally sourced natural gas, including gas currently flared during oil production, to enhance sustainability and efficiency. Electricity Minister Ziyad Ali Fadel said in local press comments at the weekend that the new Siemens Energy-built plants would employ combined-cycle gas turbine (CCGT) technology, allowing electricity generation without additional fuel consumption. He also noted that the latest agreement would raise Iraq's projected total generation capacity to 38,000 MW. Iraq currently generates approximately 28,000 MW of electricity, while peak summer demand can exceed 55,000 MW, leading to frequent power outages and reliance on private diesel generators. In addition to new power generation, the agreement includes long-term maintenance for existing facilities, such as the Dibis Gas and Al-Mussaib Thermal power stations. Similar agreements have been signed with GE Vernova and France's TotalEnergies to increase capacity and reduce emissions through flared gas recovery. (Writing by Nadim Kawach; Editing by Anoop Menon) (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store