SC Biz News

Energy

Subscribe to Our Digital Newsletters

GE inks equipment deal for Greenville-built turbines

Energy
  • Staff Report
Print Story
  • Share

General Electric has announced it has an exclusive agreement to provide an equipment package — including six Greenville-built HA gas turbines — for new power plants.

The agreement comes a week after GE announced the sale of its 21st HA gas turbine to a Pennsylvania-based electric company.

The new deal, with Caithness Energy LLC, will provide six HA gas turbines, six steam turbines, six heat recovery steam generators and other equipment, according to a news release. The total value of the agreement is expected to be around $1 billion and the agreement will be effective March 31.

Caithness officials said the plants utilizing the equipment will be developed through 2018.

“We’re currently working to bring a new HA plant on line in Pennsylvania in 2018, and with this exclusive agreement Caithness will become the owner of the largest fleet of HA gas turbines – GE’s most efficient turbine - anywhere in the world,” said Les Gelber, president of Caithness Energy, in the release.

GE’s Greenville facility will produce the HA turbine while the company’s Schenectady, N.Y. plant will build the steam turbines. On top of providing the turbines, GE said it “expects to provide multi-year service agreements for the continued maintenance and operation of each plant.” Caithness already uses two HA turbines at its Moxie Freedom facility under construction in Salem Township, Penn.

“Our strategic relationship with Caithness, a long-time partner, proves that the market continues to want more flexible and efficient technology that can help make power more affordable, reliable, accessible and sustainable,” said Steve Boltz, president and CEO of GE Power, in the release.

  • Share
0 Comments
Write a Comment