GE Vernova secures order for new units to be installed at Tennessee Complex-February 2024-www.financetom.com

GE Vernova secures order for new units to be installed at Tennessee Complex

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

GE Vernova secures order for new units to be installed at Tennessee Complex

May 6, 2024 12:46 PM

May 6 (Reuters) - General Electric's ( GE ) energy spin-off

company, GE Vernova ( GEV ), said that it has secured orders for

new units to be installed at Tennessee Valley Authority (TVA)'s

Kingston Energy Complex.

The new units are expected to deliver a flexible supply of

up to 850 megawatts of electricity to help enhance the

reliability of the energy grid, according to the release.

The company said in the press release that "it has secured

an order for 16 of its aeroderivative LM6000VELOX package

solutions, each including an LM6000 gas turbine and a

generator."

GE Vernova ( GEV ) became an independent company in April following

a three-way split of General Electric ( GE ), and provides services and

equipment to the energy sector.

Previous page： This bank will cut bonus if employees don't come back to work Next page： Mahindra, Volvo among corporations pushing for fossil fuel exit at COP28

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

This bank will cut bonus if employees don't come back to work

Nov 22, 2023

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

Mahindra, Volvo among corporations pushing for fossil fuel exit at COP28

Oct 23, 2023

Companies are increasingly committing to their own timelines for reducing their emissions, but many acknowledge that their ability to slow planet-warming CO2 emissions is contingent on faster action from governments.

IMF warns Europe against prematurely declaring victory over inflation

Nov 8, 2023

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

Pakistan's national carrier resorts to flight cancellation owing to non-payment of dues

Oct 23, 2023

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.