GE

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16 announcement comes just days after U.S. power giant GE announced its own restructuring plan. Lisa Davis, a member of Siemens managing board, said in a […]

Siemens in November introduced the SGT-A45 TR, a mobile 44-MW aeroderivative gas turbine designed for the world’s booming fast power market. While the product’s launch is pivotal for the giant technology conglomerate—which has suffered flagging orders for large gas turbines—Siemens’ interest in distributed generation also points to a prominent direction in which the future of […]

If funds were unlimited, digital technology could be utilized in countless ways to improve plant performance and reduce downtime. But costs do matter, so taking a graded approach to managing risks and costs

Stricken by falling orders for large gas turbines, global technology conglomerate Siemens AG is reportedly moving to downsize its Power and Gas segment. The changes may include closure or sale of major sites globally and result in thousands of job cuts. The company will likely embark on a reorganization plan this November that could result […]

San Ramon, California (October 3, 2017) — GE Digital (NYSE: GE) announced today that GE Power’s Monitoring & Diagnostics Center in Atlanta will utilize the company’s Predix-based Asset Performance Management (APM) software, bringing the strength of the Industrial IoT to power producers and utilities around the world. Running GE Digital’s APM solution will help further […]

Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and […]

Deployment of microturbine energy technology has been slow to develop, but analysts predict growth on the horizon as more businesses use the small units to power their facilities and reduce their carbon

Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced September 25 is the latest by GE to refocus its operations under new chief executive John L. Flannery, who replaced long-time GE CEO Jeffrey Immelt […]

Egypt is rising to become the next solar hotspot. Part of the government’s ambitious sustainable energy strategy is the landmark solar feed-in tariff (FiT) program, which sees the utility-scale solar power plants taking off in the country for the first time. Made up of solar photovoltaic power plants with a combined capacity of 500 megawatts […]

GE (NYSE: GE) (www.GE.com) today announced that it has successfully commenced commercial operations of Unit One of Kusile’s coal power plant. GE’s scope in Kusile Unit One is the Engineering, Procurement and Construction (EPC) of six turbine islands, air cooled condensers and wet flue gas desulphurization plant (WFGD). The WFGD plant is an environmental control […]