heavy-duty gas turbines
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Press ReleasesInternational Chamber of Commerce Arbitral Tribunal confirms Ansaldo Energia’s unlimited rights to use Siemens gas turbine technology
On 29 July 2016 an International Chamber of Commerce Arbitral Tribunal issued a final award confirming that the Italian electro-mechanical company Ansaldo Energia (AEN), one of the major international power plant producers, has unlimited rights to use Siemens technology for heavy duty gas turbines. The arbitral award is a landmark decision for the heavy duty […]
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RenewablesGE Clears Final Hurdles for Acquisition of Alstom
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 […]