GE launches power generation products unit in China
The new business is headquartered in Beijing and includes GE’s heavy-duty gas turbine, steam turbine, generator and gasification products and services
General Electric (GE) established a new, dedicated power generation products and services business unit in China to more effectively pursue growth opportunities for the company’s power generation products and services that can meet the growing demand for cleaner, more energy efficient solutions.
The new business is headquartered in Beijing and includes GE’s heavy-duty gas turbine, steam turbine, generator and gasification products and services.
GE is realigning several of its power and water businesses in China because the country is a region that requires a greater emphasis on building relationships and greater localization of GE’s business resources to enhance GE’s existing local partnerships.
GE’s dedicated Power Generation Products and Services unit will support efforts by these local partnerships to help China address the growing demand for power, which is expected to double in the next 10 years. For example, GE’s more efficient gas and steam turbine technologies and services are ideally suited to support China’s goal to use more of the country’s domestic natural gas reserves.
Under Yang Dan’s leadership, GE’s new business unit will have enhanced local capabilities, expertise and decision-making authority to more effectively compete in China, where the demand for cleaner gas, coal and alternative energy technologies continues to increase.
One of the top priorities of the new business is to increase GE’s local capabilities by optimizing the company’s power generation partners in China, including Harbin Electric for heavy-duty gas turbine projects, as well as Nanjing Turbine and Electric Machinery Co. in both gas and steam turbines.