According to a report from the news agency Bloomberg, Siemens is considering a number of strategic options including a potential sale of its large gas turbine business.
Siemens and the Scottish energy company SSE have announced that they will collaborate to build Keadby 2 in Lincolnshire, UK, which will be a highly-efficient gas-fired power plant, achieving 63 per cent efficiency.
Siemens has received its first order from Panama for six SGT-800 gas turbines.
Siemens has said that the weakness in the world power generation market has resulted in it taking the decision to temporarily close its Power and Gas Division operations around the world.
Mitsubishi Heavy Industries has announced that it will consolidate for fossil-fuel power equipment in Japan and the USA in order to keep with an expected downturn in demand amidst a broader global shift to renewable energy.
Siemens has announced that its SGT-700 gas turbine has entered the Chinese distributed generation market for the first time.
Siemens has secured its first order in China for an H-class gas turbine.
GE’s Power Services business has signed a milestone agreement with Edison, part of EDF Group and Italy’s second largest integrated energy company, to improve performance at its Candela combined cycle power plant in Puglia.
Ghana will sell stakes in three thermal power plants as it seeks to cut the debts of state-owned companies, and boost electricity production.
GE Power has helped strengthen Iraq’s power infrastructure by rebuilding the 750 MW Al Qayara Power Plant that was damaged in the recent fighting in Mosul.