Duke Energy Confirms 2028 Construction Start for North Carolina CCGT Plants and Largest-Ever LNG Storage Facility

U.S. utility Duke Energy announced that it has officially confirmed a 2028 construction start date for two 1,360MW Combined Cycle Gas Turbine (CCGT) plants to be built in Davie County and its largest-ever Liquefied Natural Gas (LNG) storage facility to be built in Davidson County, North Carolina. The announcement was made on September 11, following […]

EPC Contract Signed for 794MW Combined-Cycle Power Plant in Larissa, Greece — AVAX Wins Award, Mitsubishi Power Gas Turbine’s First European Deployment

An EPC (Engineering, Procurement and Construction) contract for a 794MW combined-cycle gas turbine (CCGT) power plant to be built in an industrial park in Larissa, in Greece’s Thessaly region, was reportedly signed on August 5, 2026. The project owner is Larissa Thermoelectric, a joint venture of Clavenia, DEPA Commercial, Sirec Energy, and Volton, and Greek […]

Vietnam’s O Mon 4 Combined-Cycle Power Plant Secures VND 7.3 Trillion Credit Agreement, Advancing Financing

Vietnam’s state energy group Petrovietnam has reportedly signed a VND 7.3 trillion (about $290 million) credit agreement with BIDV and VietinBank to finance construction of the O Mon 4 combined-cycle power plant. The agreement was reportedly signed in Hanoi on July 24, and is described as a follow-on financing step after the EPC contract previously […]