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Energy Infrastructure

Shanghai Electric Wins First Overseas Heavy-Duty Gas Turbine Deal in Malaysia

Shanghai Electric Wins First Overseas Heavy-Duty Gas Turbine Deal in Malaysia

Shanghai – September 16, 2026 -- Shanghai Electric has secured its first overseas heavy-duty gas turbine contract, landing the Unit 3 award for the 500 MW Sarawak Samalaju Combined Cycle Gas Turbine Project in Malaysia.

Shanghai Electric will deliver full EPC turnkey scope plus a 25-year service agreement

The contract covers a complete engineering, procurement and construction turnkey solution for the gas-fired plant, paired with a 25-year long-term service agreement (LTSA) spanning all major equipment. Gas turbines, steam turbines, generators, heat recovery steam generators and air-cooled systems will all be manufactured in-house by Shanghai Electric, which will also act as the sole provider for decades of maintenance and service.

HD Hyundai to Invest $780M in New Ulsan Engine, SMR Plants

HD Hyundai to Invest $780M in New Ulsan Engine, SMR Plants

Seoul, South Korea – September 15, 2026 -- HD Hyundai Heavy Industries will invest a combined KRW 1.0722 trillion to build a new land-based power generation engine plant and a dedicated small modular reactor (SMR) equipment facility, both in Ulsan, as it races to capture surging power demand from AI data centers.

New 3 GW engine facility targets 2028 startup in Ulsan

The company will spend KRW 833.6 billion on a 215,000-square-meter production complex in Onsan-eup, Ulju-gun, Ulsan, dedicated to HiMSEN engines for land-based power generation. The site will include engine assembly and testing, crankshaft machining, and engine block casting operations. Construction starts in the first quarter of next year, with completion targeted for May 2028 and full-scale operations to follow.