GE has announced that it intends to reorganise GE Power into two businesses, GE Gas Power, comprised of Gas Power Systems and Power Services, and GE Power Portfolio, comprised of the Steam, Grid Solutions, Nuclear, and Power Conversion businesses.
The Asian Development Bank (ADB) has signed a $227.7 million loan deal with Gulf SRC Company to build a 2500 MW combined cycle power plant in Thailand Chonburi Province.
Shanghai Electric Gas Turbine Company and Ansaldo Energia have signed a contract worth about €60 million for the supply of the first Ansaldo Energia H-class GT36 gas turbine for the Minhang combined cycle power plant in China.
Egypt signed a deal on 1 November 2018 with ACWA Power of Saudi Arabia to build a power plant in southern Egypt involving an investment of $2.3 billion, according to a statement from Mohamed Shaker, the Egyptian electricity minister.
EnergyNest of Norway is one of the partners selected by Enel to analyse the benefits and impacts of the integration of its technology into one of Enel’s power generation assets.
GE and Siemens have signed agreements for large power generation deals in Iraq.
The Financial Times has reported that GE has won a major contract to supply power to Iraq, beating Siemens, following intervention by the US Government.
Siemens and GE are competing for a contract worth an estimated $15 billion to develop power stations in Iraq.
Siemens has announced that it has been selected by the Egyptian Electricity Holding Company (EEHC) to provide comprehensive O&M services for the Beni Suef, New Capital, and Burullus power plants for the next eight years.
Advanced Power and GE Power have announced that South Field Energy, a 1182 MW natural gas-fired power plant to be built in Columbiana County, Ohio, will be powered by two GE 7HA.02 gas turbines.