GE

GE was awarded an EPC contract valued at nearly $1 billion for gas turbine services for the Waad Al Shamal combined cycle power plant of Saudi Electricity Company (SEC). Scheduled for completion in 48 months, the plant will support the phosphate mining operations in the locality. GE will deliver the turnkey power plant, supplying four advanced GE 7F.05 heavy-duty gas turbines and a GE steam turbine. The 1,390-MW combined cycle plant will be able to provide the equivalent power needed to supply more than 500,000 Saudi homes.

GE completed the acquisition of Alstom's power and grid businesses. The completion of the transaction follows the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan and Brazil. It is GE's largest-ever industrial acquisition. GE reached an agreement with Alstom in 2014 to purchase Alstom's power and grid businesses for $12.35 billion.

GE will supply Con Edison Development (CED) with an 8-MWh battery energy storage system in Central Valley, CA. The new storage solution will utilize GE's Mark VIe-based plant control system, Brilliance MW Inverters, and packaged lithium ion battery modules. The system will provide two MW of power over a four-hour period, and the deal includes delivery of a complete energy storage system, with associated long-term service agreements.

GE announced the construction of two service centers focused on the operation and maintenance of wind turbines in Brazil. The support centers will be staffed by GE technicians and engineers at wind farms operated by Casa dos Ventos and other clients at Chapada do Araripe (PI and PE) and in Garanhuns (PE). GE and Casa dos Ventos now have three wind farm clusters under construction. One of these is the Tianguá Cluster, in the state of Ceará, which has 77 GE 1.6-100 wind turbines, with delivery scheduled for the second half of 2015.

GE's Digital Energy business will provide Reykjavik Energy Iceland's largest utility company with its PowerOn Advantage advanced distribution management system (ADMS). The addition of GE's grid software will enable Reykjavik Energy to reduce operational costs while also improving functionality. Reykjavik Energy's electrical distribution network serves more than half of Iceland's population.

GE received an order from the Tennessee Valley Authority (TVA) to supply two high-efficiency 7HA.02 gas turbine generators for the new combined-cycle Allen plant. The new plant will replace three coal-fired units that are being retired as TVA works toward a December 2018 deadline from the U.S. Environmental Protection Agency (EPA) to reduce coal emissions. The TVA Allen plant will have the capacity to generate 1,000 MW of power in combined-cycle mode, the equivalent power that would be needed to supply 1 million U.S. homes.