ge – Thinking Port

Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs

November 16, 2017 admin Business, flannery, ge, GERMANY, job cuts, kaeser, news, Plant Design, power, power and gas division, Research and Development, siemens, turbines

Siemens has announced it will cut 6,900 jobs, about half of them in Germany, over the next “several years” as the company consolidates its three power-related divisions. The November 16 announcement comes just days after U.S. power giant GE announced its own restructuring plan. Lisa Davis, a member of Siemens managing board, said in a […]

The post Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs appeared first on POWER Magazine.

Magazines

Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs

November 16, 2017 admin Business, flannery, ge, GERMANY, job cuts, kaeser, news, Plant Design, power, power and gas division, Research and Development, siemens, turbines

The post Siemens Will Consolidate Power Divisions, Cut 6,900 Jobs appeared first on POWER Magazine.

Magazines

Asset Performance Management: Strategies to Mitigate Risk

November 1, 2017 admin apm, connected plant, digital twin, ge, Georgia, iiot, iiot power

If funds were unlimited, digital technology could be utilized in countless ways to improve plant performance and reduce downtime. But costs do matter, so taking a graded approach to managing risks and costs

The post Asset Performance Management: Strategies to Mitigate Risk appeared first on POWER Magazine.

Magazines

GE Power Sells Lucrative Water & Process Technologies Division to SUEZ in $3.4B Deal

October 2, 2017 admin abb, Business, divestment, ge, ge power, International, john flannery, news, suez, Water, water and process division

Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and […]

The post GE Power Sells Lucrative Water & Process Technologies Division to SUEZ in $3.4B Deal appeared first on POWER Magazine.

Magazines

Microturbine Market Ready to Expand

September 30, 2017 admin brayton energy, California, enertwin, ge, International, Italy, microturbine. capstone, Minnesota, mtt, news, Research and Development, siemens, Technology

Deployment of microturbine energy technology has been slow to develop, but analysts predict growth on the horizon as more businesses use the small units to power their facilities and reduce their carbon

The post Microturbine Market Ready to Expand appeared first on POWER Magazine.

Magazines

ABB Acquiring GE Electrification Unit in $2.6 Billion Deal

September 25, 2017 admin abb, Business, digital, ge, news

Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced September 25 is the latest by GE to refocus its operations under new chief executive John L. Flannery, who replaced long-time GE CEO Jeffrey Immelt […]

The post ABB Acquiring GE Electrification Unit in $2.6 Billion Deal appeared first on POWER Magazine.

Magazines

Two SCE Gas-Battery Hybrid Projects Revolutionize Peaker Performance

August 31, 2017 admin aliso canyon, battery storage, bess, cpuc, edison international, Energy Storage, Environmental, Gas, ge, hybrid egt, news, sce, Technology, top plant, Uncategorized, wellhead power

For deploying a novel, groundbreaking gas-battery hybrid technology along with environmentally significant upgrades within a tight installment window, and despite logistical hurdles, Southern California

The post Two SCE Gas-Battery Hybrid Projects Revolutionize Peaker Performance appeared first on POWER Magazine.