Alstom

In the early morning of May 1, 2017, Block Island, Rhode Island, shut off the diesel generators that had powered the island for nearly a century. The lights on the island flickered off before turning back on

Weak earnings associated with General Electric’s (GE’s) underperforming $10.1 billion investment in Alstom have prompted the giant conglomerate to rejigger its power business and lean more heavily on other segments. GE Power, the company’s long-standing and lucrative business unit that has installed 1.6 GW of the world’s installed capacity over its 125-year history, has also […]

First Power Island Solution Provided by GE in Asia – enabled by Alstom acquisition First use of newly-acquired HRSG technology from Doosan​ SEOUL, KOREA—September 20, 2016— GE’s power island will literally power an island – Jeju Island that is! GE Power, a division of GE (NYSE: GE), today announced the first order of its power […]

Siemens on July 5 entered the competition for the largest wind turbine in the world with an upgrade of its SWT-7.0-154 model. The new SWT-8.0-154 turbine boosts power output over the earlier model through upgraded magnet technology. Other components remain largely the same over the earlier model and the smaller SWT-6.0-154 turbine, Siemens said. The […]

GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam generator (HRSG) business for $250 million. According to GE, the acquisition will allow it to expand its offerings for combined cycle power plant solutions. The […]

Italian energy giant Ansaldo Energia says its acquisition of Alstom’s GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase its turnover twofold in the coming five years. The firm owned 44.8% by Italian state-owned holding company Fondo Strategico Italiano and 40% by Chinese equipment […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Hydropower is booming, but unless you live in China, Latin America, or Africa, you may have missed it. Global installed capacity of hydroelectric generation has grown by more than 25% over the past decade

Owner/operator: TNB Janamanjung Sdn. Bhd. Ultrasupercritical technology is the current gold standard for coal-fired plants, but Malaysian national utility Tenaga Nasional Berhad had some unique requirements for its newest, most efficient plant. With a client lacking an indigenous source of coal and needing wide fuel flexibility, Alstom delivered a state-of-the-art plant that can handle an […]

European Union (EU) officials have approved General Electric’s (GE’s) $9.5 billion acquisition of Alstom’s power business, but conditions to which the two companies agreed to cement the deal will drastically reshape the world’s heavy-duty gas turbine market.  The European Commission, the 28-country union’s executive body, granted its approval to the much-watched proposed merger, but only […]