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GE Tops MHPS, Siemens in 1Q Turbine Orders

May 14, 2019 admin Business, Gas, gas turbines, ge, ha gas turbine, International, Markets, mhps, news, Renewables, siemens

Credit to Author: Darrell Proctor| Date: Tue, 14 May 2019 18:41:35 +0000

General Electric, Siemens, and Mitsubishi Hitachi Power Systems confirmed their gas turbine sales for the year’s first quarter, with GE taking the top spot with six orders for its advanced HA-class unit. The three companies on May 14 confirmed the numbers to Reuters. GE, which had no sales in the same period a year ago, […]

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Magazines

GE Gas Turbine Blade Issue Concerns Analyst

September 20, 2018 admin blade problem, Business, Gas, ge, ge power, ha gas turbine, International, j.p. morgan, news, Plant Design, Research and Development, stephen tusa, Technology

Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two initial U.S. installations revealed failures of the first stage blade of GE’s H-frame gas turbine,” thestreet.com reported on September 20. Tusa—who has long been critical of GE’s prospects—reportedly wrote, “The impact on ‘asset value’ from a failure at GE’s U.S. […]

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