Industry News

Siemens, Bentley Systems Announce Digitalization Effort

Siemens and Bentley Systems announced a joint technology and service solution designed to speed up the digitalization of power plants and provide intelligent analytics with a range of innovative offerings and managed services solutions. The...

Cat Updating Logo

Caterpillar is replacing the current “Power Edge” logo (Cat trademark on a black background accented with a diagonal red bar) with a graphic design called “Cat Modern Hex.” The Cat Modern Hex design combines the...

Dual-Fuel Power For Cruise Ship

Wärtsilä's dual-fuel 31DF engine has been selected to power the polar ice-class luxury cruise vessel being built for the France-based operator Ponant at Vard Søviknes, a part of VARD shipbuilding group in Norway. Because the 150-m...

MAN Energy Solutions Opens Service Center In Oman

MAN Energy Solutions has opened a new service workshop for the oil & gas sector in Oman, a move the company said strengthens its footprint in the Middle East. The facility in Rusayl was inaugurated by...

New Generation Thrusters

Caterpillar Marine has launched its latest generation of azimuth thrusters. The new MTA v3 thruster is based on the design of the v2 and is built in accordance with Caterpillar’s CPS procedure for maximum...

GE Investing US$200 Million In Aeroderivative Business

Given the unique and growing needs for flexibility to balance the grid, GE Power said it has significant opportunity for its aeroderivative business and announced that it is investing more than US$200 million in...

GE Capital’s Energy Financial Services Selling Energy Investment Portfolio

GE said it was selling an energy investment portfolio to Apollo Global Management as it continues to shed parts of its business. Although terms of the deal were not disclosed, the companies said the package...

Opra Names van Riet CEO

OPRA Turbines said Juha van Riet has assumed the role of chief executive officer and reports to the company's Supervisory Board. van Riet holds a Master of Science degree in Electromechanical Engineering from the University...

Evolutionary Development

Upgrading the performance of gas turbines has been common since the first gas turbines were introduced more than a hundred years ago. Often turbines were introduced with relatively conservative outputs and efficiencies followed by...

Siemens Acquiring Russelectric

Siemens announced plans to acquire Massachusetts-based Russelectric, a manufacturer of power control systems including paralleling switchgear and automatic transfer switches. Siemens said the acquisition will bring together the companies’ complementary advanced electrical power portfolios and...

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