Gas turbine

OPEC Fund's US$50m loan to increase efficient power generation capacity in Uzbekistan

Retrieved on: 
Friday, April 16, 2021

b'VIENNA, April 16, 2021 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) has signed a US$50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 GW combined cycle gas-turbine power plant in Sirdarya, Uzbekistan.

Key Points: 
  • b'VIENNA, April 16, 2021 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) has signed a US$50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 GW combined cycle gas-turbine power plant in Sirdarya, Uzbekistan.
  • The country experiences regular power outages, which undermine the productivity of businesses and the delivery of energy to households.
  • The new Sirdarya plant is projected to boost generation efficiency and reduce GHG emissions by a minimum of 2.2 million tonnes / year.
  • Upon completion, it is expected to meet 15 percent of power demand in Uzbekistan and comprise 8 percent of all installed power capacity.

OPEC Fund's US$50m loan to increase efficient power generation capacity in Uzbekistan

Retrieved on: 
Friday, April 16, 2021

b'VIENNA, April 16, 2021 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) has signed a US$50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 GW combined cycle gas-turbine power plant in Sirdarya, Uzbekistan.

Key Points: 
  • b'VIENNA, April 16, 2021 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) has signed a US$50 million term loan agreement with ACWA Power to support the construction and operation of a 1.5 GW combined cycle gas-turbine power plant in Sirdarya, Uzbekistan.
  • The country experiences regular power outages, which undermine the productivity of businesses and the delivery of energy to households.
  • The new Sirdarya plant is projected to boost generation efficiency and reduce GHG emissions by a minimum of 2.2 million tonnes / year.
  • Upon completion, it is expected to meet 15 percent of power demand in Uzbekistan and comprise 8 percent of all installed power capacity.

Global $19.06 Billion Turbine Control System Market to 2026 by Type [Gas Turbine; Steam Turbine], Function [Speed; Load; Temperature; Pressure], Component [Sensors; HMI; Controllers; Software]

Retrieved on: 
Friday, March 26, 2021

DUBLIN, March 26, 2021 /PRNewswire/ -- The "Global Turbine Control System Market, By Type [Gas Turbine; Steam Turbine; Others], By Function [Speed Control; Load Control; Temperature Control; Pressure Control; Others], By Component [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 26, 2021 /PRNewswire/ -- The "Global Turbine Control System Market, By Type [Gas Turbine; Steam Turbine; Others], By Function [Speed Control; Load Control; Temperature Control; Pressure Control; Others], By Component [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • The Global Turbine Control System Market can be segmented based on type, function and component.
  • In terms of type, the market for turbine control system has been categorized into gas turbine, steam turbine and others.
  • Based on function, the Global Turbine Control System Market has been segmented into speed control, load control, temperature control, pressure control and others.

Global Turbine Control System [Gas Turbine; Steam Turbine; Others] Market, Competition, Forecast & Opportunities 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 23, 2021

The "Global Turbine Control System Market, By Type [Gas Turbine; Steam Turbine; Others], By Function [Speed Control; Load Control; Temperature Control; Pressure Control; Others], By Component [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Turbine Control System Market, By Type [Gas Turbine; Steam Turbine; Others], By Function [Speed Control; Load Control; Temperature Control; Pressure Control; Others], By Component [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • In terms of type, the market for turbine control system has been categorized into gas turbine, steam turbine and others.
  • Based on function, the Global Turbine Control System Market has been segmented into speed control, load control, temperature control, pressure control and others.
  • Asia-Pacific led the Global Turbine Control System Market in 2020 and is anticipated to account for majority of global market during forecast period as well.

Arroyo Invests in Leading “Behind the Meter” Power Solutions Companies

Retrieved on: 
Tuesday, March 2, 2021

Arroyo Energy Investors, a Houston-based, independent infrastructure investment firm with a footprint in North and South America, announced their investment in two leading behind the meter power solutions companies, Life Cycle Power (LCP) and Alliance OGP (Alliance).

Key Points: 
  • Arroyo Energy Investors, a Houston-based, independent infrastructure investment firm with a footprint in North and South America, announced their investment in two leading behind the meter power solutions companies, Life Cycle Power (LCP) and Alliance OGP (Alliance).
  • Together, these companies provide a turnkey power and natural gas solution, enabling customers to convert natural gas into a clean, reliable source of electricity independent of the grid.
  • LCP is a turnkey power solutions company based in Midland, Texas that utilizes mobile gas turbine generators to supply clean, reliable, and cost-effective power to customers in oil and gas, mining and other industrial sectors.
  • The impact of the recent polar vortex event in Texas further highlights the need for more reliable, cost-effective and clean behind the meter power generation solutions.

Turbo Generator Market to Garner $12.6 Bn, Globally, by 2027 at 3.1% CAGR: Allied Market Research

Retrieved on: 
Tuesday, March 2, 2021

PORTLAND, Ore., March 2, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, " Turbo Generator Market by Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator), Cooling System (Air-Cooled, Water-Cooled, and Hydrogen-Cooled), and End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Plants, and Others): Global Opportunity Analysis and Industry Forecast, 20202027".

Key Points: 
  • PORTLAND, Ore., March 2, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, " Turbo Generator Market by Type (Gas Turbine Generator, Steam Turbine Generator, and Water Turbine Generator), Cooling System (Air-Cooled, Water-Cooled, and Hydrogen-Cooled), and End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Plants, and Others): Global Opportunity Analysis and Industry Forecast, 20202027".
  • Rise in need of continuous & stable power supply, rapid growth in gas power plants, and rapid urbanization & industrialization drive the growth of the global turbo generator market.
  • However, implementation of strict government regulations toward environmental pollution and rapid development in the renewable energy sector hamper the growth.
  • On the other hand, the market across North America is anticipated to register a CAGR of 2.8% during the forecast period.

Mitsubishi Power Commences Development of World's First Ammonia-fired 40MW Class Gas Turbine System

Retrieved on: 
Monday, March 1, 2021

TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3).

Key Points: 
  • TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3).
  • Going forward, after combustion and other testing, Mitsubishi Power is targeting commercialization in or around 2025.
  • Mitsubishi Power is working to reduce environmental impact through the development of high-efficiency power generation technologies.
  • Developing a method for directly combusting ammonia will further expand Mitsubishi Power's lineup of carbon-free power generation systems.

Global Turbines Market and the Impact of the COVID-19 Pandemic - ResearchAndMarkets.com

Retrieved on: 
Friday, February 19, 2021

The "Global Turbines" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Turbines" report has been added to ResearchAndMarkets.com's offering.
  • This study analyzes global supply of and demand for turbines, turbine-based engines, generators, and generator sets.
  • Specific products covered include gas combustion turbines, steam turbines, hydraulic turbines, wind turbines, microturbines, turbine-based engines (both aircraft and marine), and turbine-based generators and generator sets.
  • In contrast, aftermarket demand is counted in the nation where the vehicle is used.

Turboden of Italy Receives First Order for Binary Cycle Power Generation Equipment for Natural Gas Pipeline GCS in Egypt

Retrieved on: 
Tuesday, February 16, 2021

The equipment utilizes Turboden's proprietary ORC (Organic Rankine Cycle) system(Note) making effective use of the gas turbines' waste heat.

Key Points: 
  • The equipment utilizes Turboden's proprietary ORC (Organic Rankine Cycle) system(Note) making effective use of the gas turbines' waste heat.
  • In the system being newly installed by Egyptian Natural Gas Holding Co. (GASCO), the binary cycle power generation equipment will generate 28MW of power using the waste heat from four existing gas turbines and a gas turbine to be newly supplied by Siemens Energy of Germany.
  • The new configuration will improve the GCS's compressed gas capacity and overall efficiency, thereby helping to reduce CO2 emissions.
  • The key component of Turboden's binary cycle power generation equipment is an ORC (Organic Rankine Cycle) turbine that uses low-boiling-point organic matter (fluorocarbon, hydrocarbon, etc.)

Mitsubishi Power Achieves #1 Market Share for Heavy-Duty Gas Turbines in the Americas in 2020 by Offering Industry-Leading Decarbonization Solutions to the Power Sector

Retrieved on: 
Wednesday, February 10, 2021

Mitsubishi Power Americas, Inc. (Mitsubishi Power) secured the highest market share for heavy-duty gas turbine orders in the Americas in 2020 according to McCoy Power Reports data.

Key Points: 
  • Mitsubishi Power Americas, Inc. (Mitsubishi Power) secured the highest market share for heavy-duty gas turbine orders in the Americas in 2020 according to McCoy Power Reports data.
  • View the full release here: https://www.businesswire.com/news/home/20210210005753/en/
    Mitsubishi Power achieved #1 market share position for heavy-duty gas turbine orders in the Americas in 2020.
  • The J-Series JAC gas turbines, Mitsubishi Powers largest and most advanced, led the market.
  • Orders include combined-cycle gas turbines with the lowest carbon dioxide emissions intensity of all heavy-duty gas turbines ordered in 2020.