In a major development for India’s power sector, Bharat Heavy Electricals Limited (BHEL) has secured a technical assistance and license agreement with General Electric Technology GmbH Switzerland. The partnership will enhance BHEL’s capacity in manufacturing and supplying GE-design gas turbines, reinforcing its position as a market leader in India. The agreement was sealed by BHEL’s […]
Caithness Energy has inaugurated the newly completed Guernsey Power Station, a 1.87GW combined-cycle natural gas electric generating facility, which has been built with an investment of $1.7 billion in Ohio. The natural gas-fired power plant has been built in the heart of the Utica and Marcellus shale region in Guernsey County, Ohio. Developed as a […]
General Electric (GE) and Cobra Infrastructuras Hidráulicas have been awarded a contract by Red Eléctrica pertaining to the 200MW Chira Soria pumped storage power plant in Spain. As per the contract given by the Spanish national electricity system transmission agent and operator, the consortium will be responsible to provide half a dozen pumped storage turbines […]
Infosys has forged a collaboration with GE Digital, the software division of General Electric (GE), with an aim to expedite grid transformation for the utilities sector. GE Digital and Infosys agreed to follow a joint go-to-market approach to offer value added solutions for grid related products and services, for their new and existing customers. The […]
GE-Prolec Transformers (Prolec GE) has wrapped up the previously announced $645 million acquisition of the transformer solutions business of US-based SPX Corporation. The deal was announced in June 2021. Prolec GE is a subsidiary of a 50:50 joint venture between GE and Mexican private firm Xignux. The company offers solutions for the generation, transmission, and […]
Eesti Energia Group said that its supervisory board has sanctioned the company’s final investment decision (FID) for the 43MW Silale II wind park in Lithuania to be developed with an investment of €60 million. The wind farm in Lithuania will be developed by the Estonia-based mining company’s fully-owned subsidiary Enefit Green. As a result of […]