GE has recently launched a new business unit in China, with the aim of pursuing growth opportunities for the company’s power generation products and services that can meet the 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. Yang Dan has been appointed the general manager of the Power Generation Products and Services China unit.
GE is realigning several of its Power & Water businesses in China because the country is a unique region that requires greater emphasis on building relationships and the greater localisation of GE’s business resources to enhance GE’s existing local partnerships. The 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.
Steve Bolze, President and CEO of GE Power & Water, has outlined how one of the top priorities for the new business is to increase GE’s local capabilities by optimising the company’s power generation partners in China, including Harbin Electric for heavy duty gas turbine projects, and Nanjing Turbine and Electric Machinery Company (NTC) in both gas and steam turbines.
This realignment of GE’s thermal and power generation services teams does not affect GE Power & Water’s existing renewables, distributed power, water and nuclear teams in China. GE is making the move to address China’s unique local dynamics and is not planning to make any similar changes in other countries.
Adapted from press release by Emma McAleavey.
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