GE launches Distributed Power business
GE has announced the launch of its Distributed Power business that combines the Aeroderivative Gas Turbine, Jenbacher Gas Engine and Waukesha Gas Engine product lines. GE said it would invest $1.4 billion in the new business over the next four years. The investment is expected to help meet the world’s growing demand for onsite power systems.
As part of the announcement, GE also indicated it has signed a contract for Indonesia’s first integrated biomass-to-power plants for on-grid applications using bamboo and woody biomass feedstocks. The facilities will be powered by GE’s integrated biomass gasification solution featuring the company’s syngas technology. The plans are part of a broader cooperation between GE, PLN and developer PT Clean Power Indonesia. A 1-MW facility on Sumba island and a 150-kW demonstration plant in Bangli, Bali, are part of the cooperation agreement.
GE predicts that distributed power will grow at a rate 40 percent faster than global electricity demand through 2020.