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Capstone Turbine Corp. Message Board

chaachaching 34 posts  |  Last Activity: Jun 25, 2016 2:50 PM Member since: Aug 16, 2013
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  • chaachaching by chaachaching Jun 25, 2016 2:50 PM Flag

    A total of US$1.3-billion has been spent by telecommunications giant Vodafone over a three year period to vastly improve its infrastructure and network in Egypt. Unreliable power supply has proven to be detrimental to the country’s telecoms capabilities, and is a major driver for Vodafone’s large-scale upgrade project, which includes the supply, installation and commissioning of more than 500 Cummins Power Generation standby diesel generator sets.

    Cummins North and West Africa regional manager for power generation Michael Farag indicates that the company’s regional distributor Egyptian International Motors (EIM) has supplied the project with a total of 444 C33D5 33 kVA generators and 80 C22D5 22 kVA generators since the project began in 2014. Since then, due to the ongoing support from EIM, Vodafone has ordered a total of 306 more sets in 2015 and 115 more during this current year of 2016. Until 2007, EIM had only provided high-rating diesel generators for Vodafone switches.

    “We realised that the Vodafone project in Egypt required small-rating generators for network sites. As a result, EIM supplied two ES28D5 generators to the project free-of-charge on a trial basis. The impressive performance and durability of these original two units laid the foundation for what is today a high-profile and mutually-beneficial relationship between two well-established global brands,” says Farag.

    Farag points out that Cummins’ scope of the project includes: sales of the units, transportation, installation, commissioning, and after-sales service and warranty. Due to the large-scale nature of the project, Cummins and EIM are required to deliver and install up to 12 generators per day in order to adhere to strict timelines. “Thanks to excellent supply chain management, adaptability and flexibility, we have successfully met these demands.”

    What’s more, Farag adds that all generator sites have been fitted with sound-proofed canopies to help reduce noise levels onsite, thereby complying with the necessary environmental standards. “This, together with additional factors such as prompt delivery, availability of spare parts, immediate installation, efficient operation and proper maintenance, gave Cummins a distinct advantage over its competitors.”

    The project is ongoing until 2017, and Farag is optimistic of the future outlook. “Our generator sets boast unrivalled fuel consumption, which ensures better availability of standby power at lower cost per kWh. This in turn ensures that Vodafone provides a more reliable and cost-effective service, which ultimately benefits Vodafone’s client base, and Egypt as a whole,” he concludes.

  • chaachaching by chaachaching Jun 23, 2016 1:23 PM Flag

    June 22, 2016
    Capstone Turbine: Not a Pretty Picture

    by Debra Fiakas CFA

    Last week microturbine manufacturer Capstone Turbine (CPST: Nasdaq) reported financial results for the final quarter of its fiscal year ending March 2016. Sales were $18.9 million in the quarter, bringing total sales for the year to $85.2 million. FY2016 sales shrank 26.2% from the prior fiscal year for the second year in a row. Some shareholders may be taking solace in the FY2016 net loss of $25.2 million or $1.39 per share in that it is an improvement over the even deeper loss in the year before. That does not necessarily mean that operating performance has improved for Capstone. The year-over-year comparison is muddied by a special charge in FY2015 for bad debt expense totaling $10.1 million. Then in the more recently reported FY2016, $1.5 million in bad debt recovery worked in the company’s favor.

    No one should be surprised at recent deep losses. Capstone Turbine has been reporting operating and net losses since - well, since the beginning. The continued deep losses beg the question: will Capstone Turbine every turn a profit?

    The company staged an initial public offering sixteen years ago this month in June 2000, disclosing losses as far back as 1998. In that long-ago year, Capstone achieved the first commercial sale of its versatile Model C30 turbine. This was followed close on in 2000 by the introduction of the Model C60 using natural gas as fuel. Shareholders must have had high hopes for that second model, and sales initially popped to $36 million in FY2001 only to drop back to $19.5 million in 2002, well below sales achieved even by the first Model C30 turbine product. In both years, cost of goods far exceeded sales.

    This last metric provides a clue to what might be Capstone’s bottom line struggle. Even as the product line expanded and unit production increased, cost of goods exceeded sales up through 2011. In FY2012, the Company finally reported a positive gross margin of $5.4 million on $109.4 million in total sales. Unfortunately, it was still far too small to cover $37.1 million in operation costs, leaving an astounding operating margin of negative 28.9%.

    Fast forward to the most recently reported fiscal year, the gross profit margin has improved to 15%, allowing the company to pull out $12.8 million of sales to cover operating expenses. Except that gross profits are not sufficient cover operating expenses. Spending on research, development, selling general and administrative activities totaled $37.3 million.

    Of course, this is a look at reported net losses, which presents only part of the picture of operating results. Cash flow from operations brings the rest of the image into focus. It is not any prettier.

    Capstone Turbine has never reported positive operating cash flow, relying year after year on cash resources to support operations. In FY2016, the Company used $22.5 million in cash resources for operations. There was $11.7 million in cash on the balance at the end of March 2016. At the recent spending rate the cash balance could last another six months.

    Thus capital resources are an issue for Capstone Turbine. Management has avoided debt, and at the end of March 2016, there were $435,000 in notes payable and lease obligations on the balance sheet. The bias against debt has forced the company to go back to the equity capital markets every year for additional equity capital. In May 2014, the company staged a negotiated offering of 900,000 shares of common stock at $34.00 per share to a single investor, bringing in $29.8 million in new capital. Capstone has raised a total of $853.3 million in equity capital since inception, nearly all of which has been burned up by operations with losses totaling $827 million.

    In August 2015, a little more than a year after the follow-on offering, the Company entered into an at-the-market equity offering program to sell shares of its common stock. By the end of March 2016, the Company had sold 6.9 million shares under this $30 million facility and took in another $12.7 million in new equity capital after expenses and fees. I estimate the balance of the equity facility could provide support for Capstone’s operations for another eight months

    Capstone shares are trading near $1.40 per share, which given the long history of weak results seems a bit dear. Microturbines offer the promise of energy efficiency and for some investors the whiff of environmental benefit may be enough to put up with dismal operating performance. I do like all things green, including money. Unfortunately, Capstone does not appear to be able to deliver any of that kind of green to shareholders.

    Debra Fiakas is the Managing Director of Crystal Equity Research, an alternative research resource on small capitalization companies in selected industries.
    Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.

    Posted by Debra Fiakas at 09:20 AM | Permalink | Comments (0)

  • chaachaching by chaachaching Jun 21, 2016 10:10 AM Flag

    GE’s Distributed Power business (GE) today announced that AB, a globally leading combined heat and power and biogas project developer based in Italy, has purchased 115 of GE’s high-efficiency Jenbacher Type 3 and Type 4 biogas engines. AB will offer the units to agricultural sector customers as a cost-effective alternative to upgrading existing engines at their sites.

    This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160621005275/en/

    Following a 2012 boom in agricultural biogas projects driven by government incentives, industry demand for new biogas development began to slow down. In response to this industry development, the new engine order illustrates AB’s new service strategy to give agricultural customers a cost-effective new option to repower their existing biogas energy facilities.

    “We purchased the 115 Jenbacher biogas engines from GE to provide an attractive and reliable service option to our customers in Italy during the minor overhauls for their installed gas engines,” said Angelo Baronchelli, AB’s president. “Instead of overhauling a customer’s installed engine on-site, potentially causing several costly days of downtime, we now have the ability to immediately provide an alternative solution to replace the existing engine with a new ‘premium long block’ powered by one our latest Jenbacher units.”

    Time-saving engine replacement procedures are an attractive solution, helping customers reduce their downtimes and costs. High levels of plant reliability after such major service activities also provide additional economic benefits.

    AB is offering the attractive replacement program for Jenbacher gas engines when they reach their recommended operating hours schedule for a minor overhaul. To save the customer time and money, AB offers on-site replacements with overhauled engines, including upfront delivery for engines that needs to be changed out. The customer receives an original Jenbacher engine that meets the latest technology standards and is aligned with the end user’s business needs. Meanwhile, the operator’s first engine will be overhauled at Orzinuovi and later will be returned to service during the next scheduled engine overhaul.

    The long block option provides an extended scope of supply that is precisely adjusted to the customer’s requirements and contains a comprehensive engine test run at the Jenbacher test bench facilities. Benefits of this approach include technical upgrades and short delivery times.

    Installing a Jenbacher J320 long block engine under the replacement program will allow AB to offer an agricultural biogas plant operator 2,000 additional operating hours of power production in downtime savings, an estimated 2,700 tons of biomass savings and approximately €600,000 in additional income over 15 years. Meanwhile, the new long block engine offering continues to improve local air quality by helping the operator reduce the need to flare off biogas during the overhaul.

    AB ordered 115 of GE’s Jenbacher J312, J316, J320 and J416 gas engines. The engines will supply a combined 115-megawatts (MW) of renewable energy to AB’s customers.

    “We are excited to deepen our relationship with AB by supporting their innovative way to continue developing cost-effective biogas projects throughout Italy in support of Europe’s efforts to expand renewable energy production,” said Margherita Adragna, general manager—services for GE’s Distributed Power business. “Increasing the long-term reliability of existing biogas facilities throughout the region will play an important role in supporting the region’s efforts to reduce its greenhouse gas emissions.”

    All of the 115 units will be delivered by GE’s Overhaul Technology Center for Jenbacher gas engines in Austria, where GE’s Distributed Power business also is headquartered.

    The new order follows a multiyear agreement announced in 2011 between GE and AB for the Italian company to deploy Jenbacher engines for agricultural biogas projects throughout Europe. In all, AB now owns an estimated 1,100 Jenbacher engines that are being used for various on-site power projects.

    About AB

    Founded by Angelo Baronchelli in Orzinuovi (Brescia, Italy) in 1981, AB (www.gruppoab.com) operates in the fields of cogeneration and the promotion of renewable sources. Today AB is the global reference of cogeneration, thanks to its ECOMAX outdoor/indoor modular systems. As of today, over 1,100 plants equivalent to a total nominal electric power exceeding 1,300 MW have been installed. In recent years, production capacity has quadrupled and the number of employees has exceeded 600 units. AB is now present with subsidiaries all over Europe, Russia, Israel, Turkey, North America, Mexico and Brazil.

    About GE’s Distributed Power business

    GE’s Distributed Power business is a leading provider of engines, power equipment and services focused on power generation and gas compression at or near the point of use. Distributed Power offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 200 kW to 10 MW each of power for numerous industries globally. In addition, the business provides life cycle support for more than 36,000 gas engines worldwide to help you meet your business challenges and success metrics—anywhere and anytime. Backed by our authorized service providers in more than 170 countries, GE‘s global service network connects with you locally for rapid response to your service needs. GE’s Distributed Power business is headquartered in Jenbach, Austria.

    About GE Power

    GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

    For more information, visit the company's website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

    About GE

    GE (GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com.

  • chaachaching by chaachaching Jun 21, 2016 9:56 AM Flag

    WALTHAM, Mass., June 21, 2016 /PRNewswire/ -- Tecogen® Inc. (TGEN) is pleased to announce the sale of a complete turnkey installation package for an InVerde e+ 100 kW combined heat and power (CHP) unit to Silver Towers, a luxury multi-unit residential building in Queens, New York. Supported by substantial incentives from both ConEdison and the New York State Energy Research and Development Authority (NYSERDA), the deal includes the cutting-edge InVerde e+, full installation, various factory engineered accessories, load modules and an advanced real time cloud-based performance monitoring and service dispatch system.

    .Tecogen Inc. logo. (PRNewsFoto/Tecogen Inc.)
    The 27-story co-op building will benefit from the free waste heat recovered from the efficient CHP unit's electric generator. Aside from delivering annual annuity-like cost savings, the INV-100 e+ will also provide resiliency from a utility grid failure. The CHP system, equipped with technology that meets NFPA 110 emergency generator standards, will provide power to the common areas, lighting, domestic water and elevator systems in case of blackout.

    Speaking about the project, Tecogen Co-Chief Executive Officer Benjamin Locke noted, "This will be our third project with FirstService Residential, the largest residential management company in North America. The company's property managers, along with the efficiency experts in the company's FS Energy subsidiary, truly understand the advantages CHP provides a building. By offering building resiliency and backup power, alongside cost-savings and improved property NOI from energy efficiency, as well as environmental benefits and a smaller carbon footprint, our InVerde e+ CHP systems are really a complete solution for residential buildings like Silver Towers."

    About Tecogen
    Tecogen® Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint.

    In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.

    Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+, are registered trademarks or trademark pending registration of Tecogen Inc.

  • chaachaching by chaachaching Jun 16, 2016 3:11 PM Flag

    WINNIPEG, June 15, 2016 /CNW/ - (TSX: NFI) (TSX: NFI.DB.U) New Flyer of America Inc., a subsidiary of New Flyer Industries Inc. ("New Flyer" or the "Company"), the leading manufacturer of heavy-duty transit buses and motor coaches in the United States and Canada, announced today that the Southeastern Pennsylvania Transportation Authority ("SEPTA") has awarded New Flyer a contract for up to 550 heavy-duty 40-foot Xcelsior® diesel electric hybrid buses.

    The contract includes a firm order for 90 Xcelsior XDE40 buses valued at approximately $50 million, with options for an additional 460 units over the next 5 years. All buses will be delivered between the period of 2017 to 2020. The order will replace older vehicles in SEPTA's current fleet with newer, more fuel efficient Xcelsior XDE40 buses.

    SEPTA currently serves over 168 million annual riders with a fleet of 1,387 vehicles in fixed route service in the Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties.

    New Flyer has delivered over 1,130 heavy-duty transit buses to SEPTA since 2002 and is currently deilivering 35 MiDi® buses under a contract that was awarded in September of 2015.

    "We are very excited to once again partner with SEPTA," said Paul Soubry, President and Chief Executive Officer of New Flyer. "Our best-in class heavy-duty Xcelsior bus will directly support SEPTA's strategic initiatives as they work to reduce their carbon footprint, and improve bus performance and reliability."

    NOTE: All dollar amounts are stated in U.S. currency.

    About The Company

    The Company is the largest transit bus and motor coach manufacturer and parts distributor in North America with fabrication, manufacturing, distribution and service centers in Canada and the United States and employs approximately 5,000 team members.

    Through its Canadian and U.S. subsidiaries, New Flyer Industries Canada ULC and New Flyer of America Inc., the Company is North America's heavy-duty transit bus leader and offers the broadest transit bus product line (Xcelsior® and MiDi® models), incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, electric-trolley and now battery-electric. New Flyer actively supports over 42,000 heavy-duty transit buses (New Flyer, NABI and Orion) currently in service.

    Through its Canadian and U.S. subsidiaries, Motor Coach Industries Limited and Motor Coach Industries, Inc., the Company is North America's leader in motor coaches, offering the MCI J4500,which is the industry's best-selling intercity coach for 11 consecutive years, and the MCI D-Series, the industry`s best-selling coach line in North American motor coach history. MCI is also the exclusive distributor of Setra S417 and S407 in the United States and Canada. MCI actively supports over 28,000 motor coaches currently in service and offers 24-hour roadside assistance 365 days a year.

    The Company also operates North America's most comprehensive aftermarket parts organization providing support for all types of transit buses and motor coaches. All buses and coaches are supported by an industry-leading comprehensive warranty, service and support network.

    Further information is available on the Company's websites at www.newflyer.com and www.mcicoach.com.The common shares and convertible unsecured subordinated debentures of the Company are traded on the Toronto Stock Exchange under the symbols NFI and NFI.DB.U, respectively

  • chaachaching by chaachaching Jun 15, 2016 7:34 AM Flag

    The worldwide market for microturbines is predicted to be worth $339.7 million by 2024, new analysis has found.
    According to a market report from US-based Grand View Research, cost-effectiveness and the ability to use waste fuels have been major drivers for the adoption of microturbines around the world. Other factors include changing grid operations, environmental regulations and the growing global drive toward greener energy sources.
    Combined heat and power (CHP) was found to be the leading application segment for microturbines, with over 55% of the total market revenue in 2015.
    The 50 kW-250 kW power rating accounted for the highest revenue in 2015, garnering 38.3% of the total. The report predicted growth of 11% for this segment to 2024, noting that demand is likely to rise significantly due to increased use in hybrid electric vehicle manufacturing.
    Microturbines for industrial use accounted for over 50% of total revenues in 2015, with applications in the construction, oil and gas, mining, waste water treatment and pharmaceutical industries. The waste water treatment industry was seen as a growth opportunity as applications within the sector are expected to expand.
    North America led the regional markets with 37.7% of global revenues. The region’s shale gas boom is expected to contribute significantly to microturbine sector growth in the near future, the report said.
    In Europe, nuclear plant decommissioning and stricter environmental regulations are also expected to provide a boost.
    Among the major global manufacturers of microturbines, the report listed Capstone Turbine, Ansaldo Energia, Bladon Jets, Microturbine Technology BV, Calnetix, ICR Turbine Engine Corp, Eneftech Innovation SA, Brayton Energy LLC, Flexenergy and Toyota

  • chaachaching by chaachaching Jun 10, 2016 2:23 AM Flag

    For Worldwide Release: June 6, 2016
    Release Number: EEPR0516

    PEORIA, IL – Caterpillar Inc. today announced the launch of new Cat® DG Series gas generator sets ranging from 30 to 150 ekW for small commercial and municipal applications in North America.

    Featuring an updated package design, DG Series gas generator sets operate on natural gas or LP vapor, and they are available with optional sound-attenuated enclosures to efficiently dampen on-site noise and withstand exposure to the elements.

    Available now, DG Series gas generator sets feature Caterpillar’s EMCP 4.2 generator set controller, offering expanded engine and generator protection and monitoring. Flexibility is also increased with the addition of a Modbus RTU communication port, remote annunciator modules and expansion I/O modules to allow the EMCP 4 system to be configured to meet site-specific design requirements.

    Caterpillar currently offers seven three-phase models of DG Series gas generator sets ranging from 30 to 150 ekW and five single-phase models ranging from 30 to 100 ekW.

    DG Series gas generator sets can be specified with the web-based Cat Electric Power SpecSizer tool. Available online at specsizer.cat.com, SpecSizer evaluates factors such as site conditions, load characteristics, and required performance to assist in specifying a properly sized generator set to best meet power needs.

    Caterpillar is leading the power generation marketplace with market leading power systems engineered to deliver unmatched flexibility, expandability, reliability and cost-effectiveness. With parts and service available globally, Caterpillar offers worldwide product support through its comprehensive service and dealer network, where technicians are trained to service every aspect of the equipment. Extended Service Coverage (ESC) is available to offer protection against unexpected repair bills and a hedge against rising parts and labor costs by providing parts and labor reimbursement for covered components, less any applicable deductible.

    For more information, visit www.cat.com/powergeneration or e-mail cat_power@cat.com. To interact with other power generation professionals in our online community, register at www.catelectricpowerinfo.com/connect.


    ###

    About Caterpillar

    For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2015 sales and revenues of $47.01 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Resource Industries, Construction Industries and Power Systems - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

  • chaachaching by chaachaching Jun 1, 2016 1:55 PM Flag

    GE (GE) today announced that global engineering and construction company M+W group has selected its Jenbacher gas engines and Monsal* advanced anaerobic digestion system for Surrey County Council’s new “Eco Park” waste treatment and biogas-to-energy facility being built by SUEZ Recycling and Recovery U.K. in Shepperton, Surrey, England. The two low-NOx gas engines are being provided by Clarke Energy, GE’s authorized distributor of Jenbacher gas engines. GE made the announcement at the IFAT trade fair taking place May 30-June 3, 2016, in Munich.

    This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160601005201/en/

    The Eco Park’s anaerobic digestion facility will process 40,000 tonnes of food waste annually from households in Surrey. Supported by a waste infrastructure grant from the U.K. government, it will be located adjacent to an existing community recycling center, about 5 miles (8 kilometers) from London Heathrow Airport. With GE’s Monsal anaerobic digestion system, the new facility will convert the food waste into biogas that can generate renewable electricity and heat. The biogas produced will be used to fuel two of GE’s Jenbacher J416 biogas engines, which are configured to generate up to 50 percent of the common limit for NOx and will provide a total of 2.4 megawatts (MW) of electrical power. After powering itself, the Eco Park will supply energy to the national grid.

    The Eco Park is being built on behalf of Surrey County Council and will supply baseload renewable power to the local distribution network while at the same time providing an alternative to landfill in the form of anaerobic digestion. In addition to the anaerobic digestion and CHP plant, the Eco Park also includes a 55,000-tonnes-per-year gasification facility with pre-treatment, a recyclables bulking facility and a new visitors’ center. The gasification system will be installed separately and will process municipal waste into a partially renewable combustible gas (known as syngas) for additional power production.

    “GE is committed to helping municipal solid waste operators move towards energy neutrality, reduce their environmental footprint and meet regulations as more European countries introduce landfill bans on food waste,” said Heiner Markhoff, president and CEO—water and distributed power for GE Power. “This project is a true testament to the strength of the GE Store, demonstrating how our ability to combine proven technologies across GE businesses allows us to provide one of the best possible solution for our customers.”

    For the new project, GE’s scope of work will include the core Monsal process technology, training and plant commissioning. Clarke Energy will provide the two Jenbacher gas engines, which will be built in GE’s facility in Jenbach, Austria, and containerized at the company’s Veresegyház, Hungary, site. GE’s Monsal solution includes GE’s Re:Sep* separation technology, the hydrolysis pasteurization digestion for full biological treatment of the waste, high chemical oxygen demand/volatile solids conversion to biogas and AmmCycle* for the treatment of high-strength ammonia liquor.

    About Clarke Energy

    Clarke Energy is a leader in the engineering design, installation and long term maintenance of gas and diesel engine-based power plants. The company is authorized sales and service provider for GE’s reciprocating engines in 17 countries. The company provides added value through engineering, installation and maintenance of facilities. Clarke Energy employs over 1000 staff and has over 5,000 MW of Jenbacher generation equipment operating in its operational areas. www.clarke-energy.com

    About GE Power

    GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

    For more information, visit the company's website at www.gepower.com. Follow GE Power and GE’s water business on Twitter @GE_Power and @GE_Water and on LinkedIn at GE Power.

    About GE

    GE (GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

  • chaachaching by chaachaching May 28, 2016 8:25 AM Flag

    Siemens has won a $24.6 million contract to install, operate and maintain a combined heat and power (CHP) plant at a US Army base in Germany.
    The plant will be located at the Army’s Installation Management Command (IMCOM) in the city of Sembach. The base also houses the headquarters of the US Army NATO Brigade, the European Regional Medical Command, television and radio broadcaster American Forces Network Europe and the 18th military police brigade.
    Under the terms of the contract, Siemens is to install the CHP plant and a building automation and control system (BAS). The company’s Desigo CC BAS will link a central hot water facility, to include boilers and the CHP plant, with 54 heating substations.
    A microgrid is planned to be added in future to enable the base to operate some buildings off the grid.
    According to Siemens, the new system will save the base over 33% in energy costs and reduce carbon emissions by 26%.
    The project will be implemented by Siemens Government Technologies (SGT) through an Energy Savings Performance Contract (ESPC), which the company says is its first such contract with a US military facility outside the US.
    ESPCs are aimed at encouraging US federal agencies to reduce their power consumption by enabling energy conservation projects with no capital

  • chaachaching by chaachaching May 25, 2016 12:41 AM Flag

    Praxair partners with NEL ASA on hydrogen refueling network in Norway; invests in Uno-X JV
    24 May 2016
    Uno-X Hydrogen AS, a NEL ASA (NEL) joint venture, has entered into an agreement with a Norwegian affiliate of Praxair, a leading global industrial gas company, as a strategic alliance to install 20 hydrogen refuelling stations, covering all the major cities in Norway by 2020. As part of the agreement, Praxair’s Norwegian affiliate will aqcuire a 20% ownership interest in the joint venture.

    Following the agreement, Praxair’s Norwegian affiliate will hold 20% of Uno-X Hydrogen, with Uno-X Gruppen and NEL holding 41% and 39%, respectively. The joint venture will build a network of hydrogen refueling stations with hydrogen production, allowing fuel cell electric vehicles (FCEVs) to operate in and between all the major cities in Norway. The stations will be deployed in cities such as Oslo, Bergen, Trondheim, Stavanger, and Kristiansand, along with corresponding corridor locations.

    Our joint venture will identify and develop the production infrastructure necessary to support a Norwegian network of refuelling stations. We believe that working closely with gas and oil companies, like we have done in Denmark and are now doing in Norway, is a recipe that can be successfully replicated around the globe.

    —Jon André Løkke, CEO of NEL ASA
    Praxair, Inc., a Fortune 250 company with 2015 sales of $11 billion, is the largest industrial gas company in North and South America and one of the largest worldwide.

    NEL ASA is the first dedicated hydrogen company on the Oslo Stock Exchange. NEL is a global supplier of hydrogen solutions, covering the entire value chain from hydrogen production technologies to hydrogen refueling stations.

  • chaachaching by chaachaching May 24, 2016 9:45 PM Flag

    The US could be set to deploy 11 GW of new combined heat and power (CHP) and fuel cell-based generation capacity by 2026, according to new analysis.
    In a report released this week, GTM Research predicts that the cumulative US CHP and fuel cell market will grow from its present 84 GW to 95 GW over the next 10 years.
    Significant drivers for this predicted growth are policy incentives and technology development, the report found, with CHP uptake becoming more common in non-industrial customers, and corporations and data centres continuing to be the major adopters of fuel cells. The major growth will come from new customer segments and applications according to Mei Shibata, the report’s lead author.
    Addressing the market’s slow growth to date and its predicted rosier prospects, Shibata said: ‘What looks like a stagnant market on the surface is actually smouldering with a significant number of technology and fuel options, capable vendors and a new batch of customers who are ready to adopt fuel-based distributed generation systems.’
    And she noted that CHP- and fuel cell-based distributed generation ‘has and will continue to play a significant role in the US electricity system, as the US grid infrastructure ages and the need for cleaner and affordable generation options increases’.
    According to the report, 8% of 2015’s total US power generation capacity came from on-site CHP and fuel cells – almost double the contribution of wind farms, and 10 times the percentage gleaned from distributed solar power.
    ‘CHP capacity alone represents more than three times the capacity that solar provides to the US, and its 83 GW dwarfs the 2 GW of installed microgrid capacity,’ t

  • chaachaching by chaachaching May 24, 2016 9:20 PM Flag

    ALGIERS, ALGERIA—May 23, 2016—GE’s Distributed Power business (NYSE: GE) today announced U.K.-based Clarke Energy, GE’s authorized distributor of Jenbacher gas engines in Algeria, has been selected by the Cevital Group to supply two on-site power plants with a combined output of 37.6 megawatts (MW). The power plants will support the expansions of the group’s Brandt household electronic appliances factory in the city of Setif and its Laminoir factory in the city of Oran.

    The natural gas-fueled stations will utilize four of GE’s 4.4-MW, J624 Jenbacher gas engines and five 4-MW J624 units to support the planned factory expansions. The projects represent the largest gas engine order for GE’s Distributed Power business and Clarke Energy in North Africa. Cevital, Algeria’s largest industrial conglomerate, covers a range of industries including food processing, automotive and electronic goods manufacturing and distribution.

    GE’s Jenbacher J624 gas engines were selected for their durability and flexibility, which will be crucial since the Brandt factory is located at more than 1,000 meters above sea level. GE’s JenbacherJ624 units can maintain their efficient performance due to their twin-turbo charger technology, with no de-rating up to 40 degrees Celsius (104 degrees Fahrenheit).

    The Jenbacher gas engines are scheduled to be commissioned in the summer of 2016.

    “GE’s Jenbacher gas engine technology represents a great solution to maintain excellent performance at high altitudes and also when operating in island mode. This is Clarke Energy’s largest project in North Africa to date and is an important milestone for us as a company,” said Ali Hjaiej, business development director for Clarke Energy. “Clarke Energy’s solution uses GE’s highly efficient Jenbacher gas engine technology. With Algeria’s continued industrial expansion, the deployment of high-efficiency distributed generation capacity will play a key role in meeting the country’s increased energy demands.”

    “We would like to thank Cevital for selecting Clarke Energy as their chosen partner,” said Clarke Energy’s Didier Lartigue. “Their engineering teams are highly qualified and professional. We look forward to working on this, and further projects, converting a short-term win to a long term strategic relationship. Our aftersales support in Algeria will enable Cevital to achieve the highest levels of equipment availability. This project will be delivered under a compressed program, from order to operation targeted to be achieved in a period of less than one year.”

    “We are pleased to collaborate with Clarke Energy to support Cevital’s on-site power needs with our reliable and high-efficiency Jenbacher J624 gas engine technology,” said Leon van Vuuren, regional sales leader for Europe, North Africa, Turkey and India for GE’s Distributed Power business. “This project illustrates the enhanced energy security benefits that our gas engine technologies offer to help industrial operators around the world meet their production and environmental requirements.”

    Join the conversation at our GE Hewar blog: http://middleeast.geblogs.com/.

    About Clarke Energy

    Clarke Energy is a leader in the engineering design, installation and long term maintenance of gas engine-based power plants. The company is authorized sales and service provider for GE’s Jenbacher gas engines in 17 countries. Clarke Energy employs over 1,040 staff and has over 5.000 MW of Jenbacher generation equipment operating in its operational areas.

    Clarke Energy in North Africa

    GE’s Jenbacher gas engines have been distributed by Clarke Energy in North Africa since 2008 when it started operation in Tunisia. In 2011 the company commenced operations in Algeria. There are currently 60MW of GE’s Jenbacher gas engines across Algeria, Tunisia and Morocco on a range of applications including captive power for industry, flare gas and biogas from waste, sewage and landfill sites. Clarke Energy’s growing North African team employs over 22 people. www.clarke-energy.com

    Follow Clarke Energy on Twitter @ClarkeEnergy and on LinkedIn or Facebook.

    About GE’s Distributed Power business

    GE’s Distributed Power business is a leading provider of engines, power equipment and services focused on power generation and gas compression at or near the point of use. Distributed Power offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 200 kW to 10 MW each of power for numerous industries globally. In addition, the business provides life cycle support for more than 36,000 gas engines worldwide to help you meet your business challenges and success metrics—anywhere and anytime. Backed by our authorized service providers in more than 170 countries, GE‘s global service network connects with you locally for rapid response to your service needs. GE’s Distributed Power business is headquartered in Jenbach, Austria.

    About GE Power

    GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

    For more information, visit the company's website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

    About GE

    GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

  • chaachaching by chaachaching May 18, 2016 10:32 AM Flag

    WALTHAM, Mass., May 17, 2016 /PRNewswire/ -- Tecogen® Inc. (TGEN) is pleased to announce the sale of two CM-75kW cogeneration units to a new multi-family residential building in Jersey City, NJ. Worth approximately half a million dollars, the sale includes load modules and Tecogen's complete turnkey installation service along with the two efficient combined heat and power (CHP) units. The units will be fitted with Tecogen's Ultera™ clean emissions system and sit on the roof of the ultra-modern new high-rise tower.

    Speaking about the sale Benjamin Locke, Tecogen co-Chief Executive Officer, commented, "This project is notable for a number of reasons. It marks the first complete turnkey installation project Tecogen will undertake for a new-construction building. It is also the third recent order received from the same property developer. This particular developer's positive prior experience with Tecogen's energy efficient equipment and expert installation services directly resulted in this new project win; making it an excellent example of the value of offering a complete hassle-free turnkey package to customers."

    The CM-75 is part of Tecogen's legacy line of induction-based cogeneration equipment. Introduced in the 1980s and among the first packaged combined heat and power units on the market, the efficient units have been reliably meeting customer's energy needs for decades.

    About Tecogen
    Tecogen® Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States.

    For more information, please visit www.tecogen.com or contact us for a free Site Assessment.

    Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+, are registered trademarks or trademark pending registration of Tecogen Inc.

  • chaachaching by chaachaching May 17, 2016 12:09 PM Flag

    Centrica plc has acquired ENER-G Cogen International Limited (“ENER-G Cogen”), an established supplier and operator of combined heat and power (CHP) solutions, from ENER-G Holdings PLC for £145 million.
    ENER-G Cogen has over 30 years’ experience and a strong track record in delivering end-to-end CHP solutions for industrial and commercial customers, and has around 1,400 units totalling over 500MW under contract with a growing customer book. The business operates predominantly in the UK but also has operations in the United States, Hungary, Italy, the Netherlands and Romania and has a strong, diverse customer base across private and public sectors. It also participates in Australia, Ireland, Japan, Canada and Turkey through sales partnerships with local entities. The acquisition of ENER-G Cogen will immediately contribute to cash flow and earnings.
    The business will form part of Centrica’s new international Distributed Energy & Power business and complements Centrica’s existing capability in installing and managing distributed systems for customers in both the UK and US.
    Iain Conn, Chief Executive of Centrica said:
    “We are building an international Distributed Energy & Power business, as demand for CHP products and other distributed energy technologies grow. This acquisition strengthens our delivery capability, both in the UK and internationally.
    The ENER-G Cogen team has an impressive track record in delivering both off-the-shelf and bespoke solutions for a variety of customers, from initial design through to installation, operation and maintenance. This is an important step forward in accelerating our customer-facing strategy to deliver what our business customers need.”
    Alan Barlow, Managing Director of ENER-G Cogen said:
    “The team at ENER-G Cogen International are very excited to become an integral part of Centrica's Distributed Energy & Power business. We believe our combined technology offering, sector knowledge and ability to deliver integrated customer focused energy solutions will leave us well placed to grow in the international distributed energy sector.”

    ENDS

    Enquiries:
    Centrica Investor Relations: +44 (0)1753 494900
    Centrica Media Relations: +44 (0)1753 494105
    Notes to editors:
    1. The final cash consideration may be subject to small adjustments for working capital and other items.
    2. This is the second of two prioritised and attractive customer-facing acquisitions announced by Centrica in recent weeks, for a combined consideration of approximately £350 million. Centrica announced it has agreed to acquire Neas Energy, one of Europe’s leading providers of energy management and revenue optimisation services for decentralised third-party owned assets, on 21 April 2016.
    About ENER-G Cogen International
    Headquartered in Salford, Greater Manchester, ENER-G Cogen International Limited was founded in 1984.
    The company has approximately 350 employees worldwide and delivers solutions for a variety of customers including hospitals and universities through to supermarkets and leisure centres.
    Their focus is on the design, installation, operation and maintenance of gas-fuelled combined heat and power systems, sited on industrial and commercial premises. Their core product catalogue is made up of a proprietary range of standard CHP units from 25kW to 530kW. The business also offers systems from 0.5MW to 2.5MW and above, designed on a bespoke basis.
    CHP is an efficient solution for customers who derive cost and carbon benefits from generating heat and power on-site rather than relying on a gas boiler for heat and the grid for electricity.
    About Centrica Distributed Energy & Power (DE&P)
    Centrica’s DE&P business brings together the shared expertise of Centrica’s Power and Energy Construction Services teams in the UK, and members of the US Direct Energy team to deliver distributed energy solutions for businesses and other large energy users. We expect to invest £700 million into the new business by 2020.
    We already have over 1,000 customers across 3,700 sites in the UK and US.
    In November 2015, we added a further 164 customers to our portfolio through the acquisition of Panoramic Power in the US, a global pioneer in energy management that has developed and delivered patented, wireless sensor technology across 750 sites in 30 countries.

  • chaachaching by chaachaching May 15, 2016 12:21 AM Flag

    The Cummins Hybrid Power System has reached new ground. Two base transceiver stations in Kuwait are now being powered by the generator-battery-solar hybrid solution, marking the first installation of this product in the Middle East.

    Leading telecom operator Zain selected the hybrid solution for 24-hour continuous power at two mobile antenna sites. As one of the sites is in an urban area, carbon footprint and noise levels were highly considered, and Cummins Power Generation had the right solution to meet these requirements.

    Two base transceiver stations in Kuwait are now being powered by the Cummins Hybrid Power System.
    Hybrid system storage batteries

    GTE, the authorized Cummins distributor in Kuwait, Cummins Middle East and Cummins Power Generation’s U.S.-based telecom team all supported the installation, which took place during overnight hours to minimize downtime and disruptions to customers. Zain has reported a positive experience with Cummins, particularly during the upgrade work.

    “Our strong local presence, strong aftermarket support and innovative power solutions were key reasons why the customer selected Cummins,” said Telecom Segment Manager Haitham Radwan, who managed the project. “We exceeded the customer’s expectations by reducing their operational costs more than we originally anticipated, and we reduced the genset running hours by 50 percent.”

    Zain began operations in 1983 as the region’s first mobile operator. It now services 45.6 million customers in eight countries.

  • chaachaching by chaachaching May 13, 2016 7:30 AM Flag

    Swedish fuel cell company PowerCell Sweden AB cooperates with Swiss Hydrogen SA to market best in class fuel cell systems
    April 28, 2016

    [Gothenburg, Sweden, April 28, 2016.] The Nordic leading fuel cell company PowerCell Sweden AB (publ) has signed a Memorandum of Understanding with Swiss Hydrogen SA, a Switzerland based company that develops hydrogen fuel cell systems for mobile and stationary applications. The two companies will cooperate to market and sell high performance fuel cell systems based on PowerCell’s stacks.

    The Nordic leading fuel cell company PowerCell Sweden AB will start a cooperation with Swiss Hydrogen SA, a Swiss leading company that conceives, designs, assembles and integrates tailor-made and scalable hydrogen solutions for a large variety of applications.

    PowerCell Sweden AB has developed fuel cell technology for more than a decade, and has perfected a unique design that enables the production of a light, versatile and reliable source of power for the automotive, transportation and stationary applications. The fuel stacks PowerCell S1, S2 and S3 cover the range of 1-100 KW.

    Swiss Hydrogen SA’s large experience in designing, assembling and integrating fuel cell systems in various applications will ensure the highest performance of PowerCell’s stack technology.
    Both companies will also join forces on sales and marketing activities worldwide.
    PowerCell and Swiss Hydrogen have already successfully collaborated in the FCH-JU project “AutoStack-CORE” regarding S3 (http://autostack.zsw-bw.de).

    Fuel cells are expected to play a very important role in the transition towards renewable fuels, where they have great potential to replace diesel generators and engines in several applications. Hydrogen’s energy density and lack of toxic emissions makes its use obvious when it comes to deal with the challenge of long term and seasonal energy storage generated by the intermittence of renewables.

    “We really appreciate the trustful and efficient collaboration with PowerCell Sweden AB. It is very exciting to integrate the result of the AutoStack-CORE project, a fuel cell stack which demonstrates unmatched power densities, in a complete system. At Swiss Hydrogen we have optimized every aspects and selected best components to ensure the highest performance of the final product. We are convinced that combining PowerCell’s stack technology with our knowledge in designing best in class fuel cell system has great market potential”, said Alexandre Closset, CEO of Swiss Hydrogen SA.

    “We are really looking forward to working closely together with Swiss Hydrogen SA to market and sell our fuel cell stacks as a part of their clean energy solutions. This is yet another proof that there is a huge demand for our solutions in several different applications and industries”, said Per Wassén, CEO, PowerCell Sweden AB.

    For additional information please contact:

    Per Wassén
    CEO, PowerCell Sweden AB (publ)
    Phone: +46 76 553 37 71
    Email: per.wassen@powercell.se

    Alexandre Closset
    CEO, Swiss Hydrogen SA
    Phone: +41 79 366 87 81
    Email: alexandre.closset@swisshydrogen.ch

    About PowerCell Sweden AB (publ)
    PowerCell Sweden AB (publ) is the leading fuel cell company in the Nordics, which develops and produces environment friendly power systems for stationary and mobile customer applications.

    PowerCell has developed a modular system of fuel cell platforms, powered by clean environment friendly produced hydrogen where only electricity, heat and water are emissions. The fuel cells are also designed to handle the reformed hydrogen from e.g. biogas, natural gas, biodiesel or standard diesel.

    In case hydrogen infrastructure is missing, PowerCell has combined its leading fuel cell and reformer technology and developed a fuel cell system, PowerPac, which converts standard diesel, with hydrogen, into electricity. This is done in an energy-efficient and environmentally friendly way, in which emissions of carbon monoxide, nitrogen oxides and particles are completely eliminated and the carbon dioxide is greatly reduced compared with a conventional diesel engine.

    PowerCell Sweden AB (publ) is listed on First North at Nasdaq Stockholm and is an industrial spinout from the Volvo Group. G&W Fondkommission is appointed Certified Adviser by the Company. Among the largest owners are Midroc New Technology, Fouriertransform, Finindus and Volvo Group Venture Capital. For additional information, please visit: www.powercell.se

    About Swiss Hydrogen SA
    Swiss Hydrogen SA is a company that conceives, designs, assembles and integrates hydrogen technologies for numerous applications, such as, all sorts of electrical vehicles and small to large stationary power plants. Swiss Hydrogen believes that the expanded use of hydrogen will help to significantly reduce our dependence on fossil fuels, and will likewise permit us to slash our CO2 emissions.

    The company was incorporated in July 2008 as a subsidiary of Belenos Clean Power with the aim to develop hydrogen production technologies from renewable sources. In collaboration with the Paul Scherrer Institut in Switzerland, Belenos Clean Power invested seven years in the development of PEM fuel cell technology for stationary and mobility applications. Mid-2015, Swiss Hydrogen took over the development of the PEM fuel cell technology from Belenos Clean Power to focus on its commercialization.
    For additional information, please visit: http://swisshydrogen.ch

  • chaachaching by chaachaching May 13, 2016 5:12 AM Flag

    Scania delivering 51 hybrid buses to Madrid
    12 May 2016
    In June, Scania, part of Volkswagen Truck & Bus GmbH, will begin delivering 51 hybrid Scania Citywide buses to Madrid. These complete buses feature cost-saving and emission-reducing hybrid technology that meets the EU suburban and short distance Class II regulations.

    The City of Madrid recently enforced tough temporary measures to tackle pollution, including limiting speed limits and banning passenger car access to the city center if NOx levels exceed acceptable levels. In parallel, the Madrid transport authorities have required bus operators to gradually switch to greener technology; conventional diesel has not been permitted in new bus acquisitions since 2010.

    Scaniahybrid
    Companies can obtain favorable contracts if at least 20% of their fleets are operated on gas, as hybrids or as electric buses. Restrictions on the use of gas vehicles in non-adapted underground bus depots have prompted operators to select hybrid technology.

    The 51 buses will be put in service by seven operators on behalf of

    Consorcio Regional de Transportes de Madrid, which holds responsibility for public transport in the Madrid Region. The first operator will be Alsa (Nat-Ex), followed by Samar, Avanza (ADO) and DBlas (Arriva). The total order encompasses 34 12.7-meter 4x2 buses and 17 14.8-meter 6x2*4 buses.

    The new Class II specification Scania Citywide can be operated at speeds of up to 100 km/h (62 mph). The hybrid powertrain includes the Scania 9-liter engine and offers 320 hp (239 kW) with SCR-only technology that is compatible with up to 100% biodiesel and Hydrotreated Vegetable Oil (HVO).

    On the Citywide buses, the hybrid unit, comprising an electric machine (motor and generator) and automatic clutch, is located between the engine and gearbox. The electric machine is rated at 150 kW and 1,050 N·m (774 lb-ft).

    A total of 1.2 kWh of energy storage is provided by a lithium-ion battery integrated in the roof structure at the front of the bus and is housed in a neatly styled bulb together with a DC/DC voltage converter and a cooling unit. The use of a Scania hybrid system together with a DC/DC converter, stop-start function and eco-roll provides the fuel savings.

    Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications. Scania is also leading provider of industrial and marine engines.

  • chaachaching by chaachaching May 11, 2016 2:17 AM Flag

    Complements GE’s Existing Technology Acquired through Alstom
    Increases Engineering and Production Capacity to Meet Strong Demand
    Provides Added Global Manufacturing Footprint and Technology
    SCHENECTADY, N.Y.—May 10, 2016—GE Power, a division of GE (NYSE: GE) today announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction (011160 KOSPI) for $250 million. The Doosan Engineering & Construction HRSG acquisition will help GE Power meet the growing demand for its combined-cycle power plant solutions, which utilize HRSG technology, and continue to expand its customer offerings.

    “With the Alstom acquisition, we are now offering full power plant solutions and seeing an even greater demand for our highest-efficiency HA heavy-duty gas turbine plants,” said Steve Bolze, president and CEO of GE Power. “The Doosan Engineering & Construction HRSG acquisition will help us meet our forecasted growth and better manage costs by increasing our global manufacturing capacity and further complementing our existing HRSG technology. We’re also gaining a talent pool that is one of the best in the world.”

    Doosan Engineering & Construction HRSG—Korean-based world leader in engineering, equipment and infrastructure—has been a trusted and reliable supplier to both GE and Alstom and has a long and proven history as an Alstom licensee. Upon completion of the sale, Doosan Engineering & Construction HSRG will be integrated into GE Power’s Gas Power Systems business, which already includes Alstom’s legacy HRSG business.

    “We’re seeing HRSG demand that is more than double historical averages,” said Joe Mastrangelo, president and CEO of GE Gas Power Systems. “Our investment in Doosan Engineering & Construction HRSG will bring us cost-effective, vertically integrated manufacturing and engineering capacity that will allow us to be faster and better as we ramp to meet customers’ needs.”

    Doosan Engineering & Construction’s Capabilities

    Doosan has three advanced manufacturing facilities, including one in Korea and two in Vietnam. In operation since 1977, Doosan Engineering & Construction HRSG currently has more than 1,400 employees specializing in engineering, project management and manufacturing. Doosan Engineering & Construction HRSG has been a supplier to GE and others and has been a long-term licensee of Alstom technology until 2007.

    HRSG & Combined-Cycle Solutions

    HRSG technology is a critical component of a combined-cycle power plant. Capturing the exhaust heat from the gas turbine, the water is converted into steam, which is then used to drive a steam turbine to produce additional power output. HRSG technology is critical to the efficiency of a combined-cycle plant and can help generate up to 33 percent of the power output of the plant.

    About Doosan Engineering & Construction HRSG

    The HRSG division manufactures and distributes HRSGs (Heat Recovery Steam Generator) to combined-cycle power plants at home and abroad. The division has successfully installed and operated HRSGs not only for domestic combined-cycle power plants in Boryeong, Busan and Incheon, but also for combined-cycle power plants in various continents around the world, including Europe, Asia and Africa.

    About GE

    GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

    About GE Power

    GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

    For more information, visit the company's website at www.gepower.com and follow us on Twitter @GE_Power.

  • chaachaching by chaachaching May 8, 2016 3:21 AM Flag

    SunLine adds first electric buses to fleet; BYD
    3 May 2016
    SunLine Transit Agency, which serves more than 3.5 million passengers annually in the Coachella Valley in California, has added its first all-electric buses, manufactured by BYD.

    The 40-ft low-floor transit buses are equipped with BYD-designed and -built iron phosphate batteries, delivering 324 kWh of power that come with a 12 year warranty, the industry’s longest electric battery warranty available. The batteries can run for up to 155 miles of typical urban driving on the service routes with recharging requiring only four hours.

    The buses seat 35 and have room for more than 60 standing passengers. The transit agency began testing the vehicle on service routes in January.

    SunLine Transit Agency is a joint powers authority formed in 1977 to operate the Coachella Valley’s public transportation system. Its fixed route and paratransit vehicles travel more than 4 million miles per year, covering over 619 bus stops located throughout a 1,120 mile-service area, carrying approximately 4.82 million riders.

    SunLine Services Group regulates three taxi franchises who provide taxi services throughout the Valley. SunFuels alternative fueling station offers compressed natural gas and hydrogen for SunLine and the public 24 hours a day, seven days a week.

  • chaachaching by chaachaching Apr 27, 2016 7:47 PM Flag

    WALTHAM, Mass., April 27, 2016 /PRNewswire/ -- Tecogen® Inc. (TGEN) is pleased to announce its fleet of InVerde 100 kW combined heat and power (CHP) units have now exceeded 2 million cumulative total run-time hours, a significant milestone for the ultra-efficient clean energy equipment.

    .Tecogen Inc. logo. (PRNewsFoto/Tecogen Inc.)
    "Tecogen was first to market with an inverter-based packaged cogeneration product. The several million hours of run-time now logged on the InVerde fleet represents a strong base of proven and reliable operating experience and reinforces our position as the leader in the category," said Benjamin Locke, Tecogen co-Chief Executive Officer. "With our InVerde product, customers can be assured they are getting time tested clean and efficient power generation, backed by Tecogen's expert service and experienced maintenance team."

    Tecogen's latest upgrade to the InVerde line of efficient combined heat and power units was launched this spring with several new and important features unmatched by competing offerings. Among the most notable new additions, the InVerde e+ offers improved best-in-class electrical efficiency, seamless DC input integration with battery or renewable power systems, features rapid 10 second blackstart capability (qualifying the equipment as meeting the strict National Fire Protection Association Type 10 standard for Emergency and Standby Power Systems), and runs on a standard 4" gas pressure (eliminating the need for costly gas boosters or compression equipment).

    Consistent with prior InVerde models, the InVerde e+ comes fitted with the Company's patented state-of-the-art Ultera emissions control technology, making the InVerde the only natural gas powered CHP product line on the market to nearly eliminate harmful criteria pollutants that contribute to smog. The e+ also features Tecogen's proprietary UL certified inverter for safe and seamless utility grid interconnection as well as our exclusively licensed CERTS Microgrid software, allowing the system to effortlessly balance power demand from the building. All of these features are bundled together and exclusively offered by Tecogen, creating a unique CHP solution for building resiliency and energy efficiency.

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