GE Power

Orders for leading HA gas turbine booked in the third quarter in Florida and Taiwan HA has achieved more than 220,000 operating hours in the field  Customers Invenergy and Bahrain Aluminum’s HA-power plants successfully first fired Gas will play a vital role in a cleaner energy future according to newly announced GE Gas Power CEO […]

It’s been a tumultuous couple of years for GE. The company’s stock price has been decimated by the market, decreasing more than 75% from a high of nearly $32 a share as recently as December 2016. Dow Jones removed the company from its benchmark Industrial Average in June, and GE’s Board of Directors sacked CEO […]

To remain efficient and profitable, utilities must anticipate the ebb and flow of the market. That means companies must gain visibility into the generation and consumption of energy. With network-level

BADEN, Switzerland (October 9, 2018) — GE Power announced it won the contract to deliver the turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM its joint venture with Atomenergomash. GE Power will supply the basic design of four conventional island, supply four nuclear turbine generator sets, including the Arabelle half-speed steam […]

DHAKA, Bangladesh (October 1, 2018) — In its continued efforts to provide the most advanced energy solutions to Bangladesh, GE Power (NYSE: GE) today announced that it has been selected by Unique Group, to develop the 600 megawatt (MW) natural gas based combined cycle power plant at Meghnaghat, near Dhaka, Bangladesh. Unique Meghnaghat Power Limited […]

GE announced that H. Lawrence Culp Jr. has been named chairman and CEO of the company replacing John Flannery effective immediately. GE’s board of directors voted unanimously on the decision, and it also appointed Thomas W. Horton as lead director. In a press release, GE specifically cited weak performance in the GE Power business for […]

Advanced cooling system technology is among the features of a gas-fired plant representing Saudi Arabia’s first foray into the Turkish power market. Turkey is a country in the midst of political and social

The Nishi Nagoya power plant in Japan is more than just the showcase of a successful fuel-conversion project. It’s the holder of a world record, thanks to a GE Power gas turbine that again has set the global

Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two initial U.S. installations revealed failures of the first stage blade of GE’s H-frame gas turbine,” thestreet.com reported on September 20. Tusa—who has long been critical of GE’s prospects—reportedly wrote, “The impact on ‘asset value’ from a failure at GE’s U.S. […]

GUANAMBI, BAHIA STATE, Brazil (Sept. 3, 2018) – GE Power (NYSE: GE) was chosen by EPC Construtora Quebec, a Brazilian engineering company, to provide its 4.4-megawatt (MW) and 2.2-MW LV5 1,500-volt inverters and skids for the 14-MW Verde Vale III project in Guanambi, Brazil. This project is owned by Vientos Solutions, an owner and operator […]