Siemens
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Power
Siemens Reportedly Considering Sale of Gas Turbine Business
Siemens AG, the parent company of Siemens Power and Gas, is contemplating the sale of its lucrative but lately troubled gas turbine business, according to one major news outlet. Citing unnamed sources, Bloomberg on June 13 reported that the German giant may be considering the sale of its power and gas business, possibly to a […]
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Renewables
GE Will Cut Jobs, End Manufacturing at Virginia Plant
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 union officials. Officials noted that 42% of the affected workers are eligible for retirement. The plan announced June 8 said the Salem plant, which opened […]
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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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Gas
GE Stock Falls as CEO Backs ‘Deliberate’ Pace of Change
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 April 20, 2009. Much of Wednesday’s decline came as CEO John Flannery was speaking to attendees at the Electrical Products Group (EPG) conference in Longboat […]
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O&M
GE Sets Sights on MHPS and Siemens Customers
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 market, including Siemens’ SGT6-5000F and SGT-800 models, and Mitsubishi Hitachi Power Systems’ (MHPS’s) 501F technology. “GE is proven as one of the technology leaders and […]
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Press Releases
Siemens supplies SGT-800 gas turbines to Panama for the first time
Siemens has received its first order from Panama for six SGT-800 gas turbines. The industrial gas turbines, along with a steam turbine, will provide approximately 440 megawatts of electrical power as part of a flexible combined cycle power plant. This could cover the power demand of approximately 1.9 million residents of Panama. Siemens’ customer is […]
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Gas
Siemens Plans Temporary Shutdown of Power & Gas Division
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 energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]
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Press Releases
Transmitter offers high reliability in temperature measurement
Dual sensor operation with 4 wire sensor connection Automatic redundancy switching for lossless recordings Wide range of hazardous approvals Versatile use in chemical, oil and gas, marine and power generation applications With Sitrans TH320/420 and TR320/420, Siemens introduces a new generation of reliable HART (Highway Addressable Remote Transducer Protocol) temperature transmitters for a wide range […]
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Gas
MHPS Tops GE, Siemens in Gas Turbine Market
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 best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]
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Renewables
Distributed Gas Generation: Big Power in Small(er) Packages
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 resiliency in generation