turbines

Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks, according to media reports. Reuters on June 21, citing a person familiar with the matter, said Siemens plans to merge or trim some of its […]

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 […]

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 […]

Siemens Gamesa continues to reinforce its presence in Japan by reaching its first agreement with Tokyu Land Corporation for two projects in Hokkaido, and will supply 22 of its SWT-3.4-108 wind turbines. Both nacelles and hubs will be manufactured in Denmark, while the blades will be produced in China and Denmark. The turbines will be […]

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 […]

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 […]

BADEN, SWITZERLAND (April 16, 2018) — In a historic agreement, GE’s Power Services business (NYSE: GE) announced today that it will service power generation equipment in 11 power plants owned by Petrobras, Brazil’s majority state-owned oil company. Valued at more than $300 million, the deal represents GE’s largest transactional power generation services agreement in Latin […]

MINNEAPOLIS (April 5, 2018) – Xcel Energy is continuing to transition its fleet to carbon-free energy in the Upper Midwest  with the addition of the Foxtail Wind Energy Center located in Dickey County in south-central North Dakota. The 150-megawatt wind farm is part of the company’s vision to achieve 85 percent clean energy by 2030 by […]

Duke Energy Florida will commission both units of its new 1,640-MW Citrus gas-fired combined cycle power plant (Figure 1) by the end of 2018. The company on April 3 said the 820-MW Unit 1 will come online in September, with a second 820-MW unit entering service in November. Construction of the $1.5 billion plant began […]

LAKE MARY, Florida (April 2, 2018) — Mitsubishi Hitachi Power Systems (MHPS) today announced the integration of PW Power Systems (PWPS) within Mitsubishi Power Systems Americas (MHPS Americas). MHPS Americas CEO Paul Browning said, “Integrating PWPS into MHPS Americas broadens our product portfolio and allows us to realize synergies between our various manufacturing and service […]