Iraq
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News
Iraqi Official Casts Doubt on Deals With GE, Siemens
Multibillion-dollar energy deals that both Siemens and General Electric (GE) signed with the Iraqi government last year may not come to fruition, according to the country’s electricity minister. The Financial Times on February 10 reported that Luay Al-Khatteeb, who took his post late last year after the deals were brokered, told the newspaper, “I don’t […]
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Renewables
Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal
Iraq signed a memorandum of understanding on October 15 to develop power plants in the country with General Electric (GE). The Financial Times on October 18 said the $15 billion deal was brokered after senior officials in the administration of U.S. President Donald Trump warned Iraq that relations with the U.S. would be threatened if Iraq […]
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Gas
Siemens Cutting 2,900 Jobs, Vying with GE for $15B Iraqi Contract
Siemens on September 24 said it would cut about 2,900 jobs, mostly from its Power and Gas division in Germany, as it continues restructuring to achieve cost savings amid a tough global market for turbine manufacturers. Siemens on Monday said the cuts will save the company about €270 million ($318 million) and is part of […]
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Press Releases
Siemens to boost power output and efficiency at Al-Sadder power plant in Iraq
Siemens’ digital services to maximize power plant’s performance Assets will generate more power and supply electricity to an additional 100,000 homes Project supports Iraq’s goal of meeting electricity demand In line with Iraq’s goal to improve the efficiency and availability of the country’s power plants, Siemens will provide inspection and upgrade services for two power […]
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Press Releases
ABB to strengthen power infrastructure in Iraq
ABB has won orders from the Ministry of Electricity in Iraq to deliver five fixed and 15 mobile 132 kilovolt substations that will help strengthen the power grid and provide electricity in central Iraq. The government of Iraq is rebuilding the country and investing in its grid as part of its ambitious plan to develop […]
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Renewables
POWER Digest [June 2018]
Marking an important milestone in energy storage’s steady charge to become a key element in balancing variability posed by renewables, ACCIONA Energia has received a prototype certificate from DNV GL for a
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Press Releases
GE Power’s Technology Helps Iraq’s Najibiya Power Plant Reduce Downtime
GE Power has installed its Advanced Gas Path (AGP) gas turbine upgrade solution at the Iraqi Ministry of Electricity’s (MOE’s) Najibiya Power Plant. The solution is expected to enable the MOE to increase the duration between the maintenance inspections of the gas turbines. This will decrease the downtime of the turbines and improve the availability […]
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Press Releases
GE announces more than $1.4 billion in power generation orders with Iraq’s Ministry of Electricity
BAGHDAD, Iraq- January 18, 2017 – GE (NYSE:GE) announced today that it has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services. The announcement further strengthens GE’s collaborations in Iraq to support the country’s power infrastructure and meet the growing […]