GE Vernova, Harbin Electric Secure Contract For Eco-Friendly Gas Turbines In China's Zhoushan
Portfolio Pulse from Nabaparna Bhattacharya
General Electric Company (GE) and Harbin Electric (HE) have secured orders for two GE 9HA.02 gas turbines from Chinese State Development & Investment Corp. The turbines will be used in a new combined cycle power plant in the Zhoushan archipelago, China. The plant aims to enhance the power supply capacity and grid peak-shaving capability. The first unit is expected to begin operation by the end of 2025 and is designed to operate on up to 50% hydrogen, offering a future pathway for lower carbon emitting operations.
October 10, 2023 | 11:46 am
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GE's partnership with Harbin Electric for the supply of gas turbines to a new power plant in China could boost its revenues and reputation in the clean energy sector.
The secured orders for GE's gas turbines indicate a potential increase in revenue. Additionally, the eco-friendly nature of the turbines aligns with global trends towards clean energy, potentially enhancing GE's reputation in this sector.
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