Markets

Gas turbines come in a variety of sizes. While large combustion turbines seem to get the bulk of the publicity, with the likes of Siemens, GE, and Mitsubishi Hitachi Power Systems making the most noise

(BARBERTON, Ohio – February 26, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has signed a licensing agreement to provide its water-cooled vibrating grate technology for biomass boilers to thyssenkrupp Industries India Pvt. Limited on an exclusive basis for projects in India, Nepal, […]

Danish engineering, design, and consultancy firm Ramboll Group in December  entered into an agreement to acquire U.S-based engineering and design consultancy OBG. Founded in 1945, OBG has delivered integrated engineering solutions within water, energy, environment and advanced manufacturing, and today, the company says it has extensive client relationships in both the private and public sectors, […]

Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in  digitalization solutions, focusing heavily on grid […]

The Siemens H-class turbine has been on the market for nearly a decade and has now achieved a significant milestone by exceeding one-million fired hours of commercial operation. With 70 turbines in operation on four continents and almost 100 machines sold, the SGT-8000H is the market leader in its class and delivers a top performance […]

Mitsubishi Hitachi Power Systems (MHPS) appears to have snagged the lead in an intensifying competition in a mostly flat market for heavy-duty gas turbines of above 100 MW, but GE retained its lead both for overall installed gas turbine capacity and units in 2018, a much-watched industry ranking suggests. Data from McCoy Power Reports’ latest […]

Pennsylvania, the nation’s second-largest nuclear power-producing state, is now definitively a battleground for nuclear power subsidies.  Last week, in two memos that were circulated in the state House and Senate, seven lawmakers signaled they would soon introduce legislation that would update a 2004 state law—the Alternative Energy Portfolio Standards (AEPS)—to include nuclear power. The law […]

Voith wins modernization order for Togolese hydropower plant Nangbeto Extensive modernization ensures a future-oriented operation of the West African power plant for the next 30 years High level of involvement of local partners creates jobs on site Training courses enable the operators to handle upgraded components properly Heidenheim. Voith is the general contractor for the […]

GE Power’s financials spun out further on a dismal trajectory during the fourth quarter of 2018, plagued by slack market demand for products and services, technical glitches of a flagship gas turbine model, and poor project execution. Despite a series of divestments and corporate reshuffles, including of leadership, for the 12 months that ended on […]

In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6. In its annual presentation to potential investors and industry observers, the trade association that represents U.S. investor-owned electric companies lamented a number of uncertainties affecting […]