General Electric’s (GE’s) power unit has said it will end manufacturing operations at its plant in Salem, Virginia, next year, with more than 260 workers losing their jobs, according to…
MHPS
Natural disasters can strike anywhere, and the events of recent years—hurricanes, flooding rains, bomb cyclones—have ramped up the efforts of utilities to prepare for extreme weather. Power companies are utilizing…
ALTAMIRA, MEXICO (May 29, 2018) — Iberdrola SA and Mitsubishi Hitachi Power Systems (MHPS) today joined Mexican officials as they welcomed another Advanced-Class Gas Turbine arrival in the bustling Mexican Port…
Shares of General Electric (GE) have fallen about 50% over the past year, and on May 23 GE saw its stock drop more than 7%, its biggest one-day loss since…
Drawing on decades of gas turbine experience, GE’s Power Services business announced on May 16 that it is expanding its cross-fleet service offerings to a broader portion of the F-class…
Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based…
A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s…
Mitsubishi Hitachi Power Systems (MHPS) in March said it would work with the Netherlands Carbon-Free Gas Power project to support the conversion of the country’s 1.32-GW Magnum gas-fired power plant…
NTPC Commissions First Unit of Lara Project. The first unit of the 4,000-MW super thermal power project in Chhattisgarh in India was commissioned in late March by NTPC. The coal-fired plant, a $4.62 billion…
The traditional electricity grid is being transformed, as more businesses look to control their costs by producing their own power. A need for reliable backup power, the push for more…