GE announces $1.2bn in new orders
Power giant will supply eight gas turbines to Saudi's PP12
GE this week announced its new FlexEfficiency 60 power generation portfolio, aimed at harnessing natural gas, reducing emissions and saving money. The firm has said that its FlexEfficiency 60 combined-cycle power plant is the most efficient plant of its kind, with more that 61% thermal efficiency.
At the same time, the firm announced that it had secured almost US $1.2 billion in new orders for the new technology, in the US, Saudi Arabia and Japan. This international interest, GE said, was due to the technology’s ability to provide highly efficient baseload power, and to pair natural gas with renewable energy.
“This is a great milestone for our natural gas portfolio. We stated a year ago that we would bring our FlexEfficiency technology to our customers in places such as the US, Middle East, Japan and Brazil, and today we delivered. We continue to invest in and build the broadest gas-fueled power generation in the industry. From 1-megawatt distributed power to 300-megawatt baseload power, GE technology helps meet the power needs of people everywhere in the world,” said Steve Bolze, GE Power & Water CEO and president.
Amongst the projects announced this week, was an order for the supply of eight 7F 5-series gas turbine-generators for the expansion of Saudi Electricity Company’s PP12 power project in Riyadh. The project is set to add over 1,990 MW of capacity when it enters commercial operations in 2015, and will be the largest air-cooled combined-cycle project in the Kingdom.
Saudi Aramco is set to provide the plant with natural gas, and the turbines will be equipped with dry low NOx combustion technology to reduce emissions and increase maintenance intervals.