Power Industry News

Find here quality News, Articles, Stories, Case Studies, Latest Information about World of Power Industry

  • RSS
  • Delicious
  • Digg
  • Facebook
  • Twitter

GE plans to invest US$500 million (€365.2 million) to expand its operations in Brazil and to accelerate technology partnerships with Brazilian companies spanning multiple industries.

Part of that investment includes GE’s US$100 million (€73 million) Brazil Global Research and Development Center, which will be located on the Ilha do Bom Jesus peninsula in Rio de Janeiro, Brazil.

When fully operational, it will employ 200 researchers and engineers, with their work focusing on advanced technologies for the oil and gas, renewable energy, mining, rail and aviation industries.

Other investments in the area include US$200 million (€146.1 million) for new wind turbine and aeroderivative product developments and increased plant capacity for GE’s Energy and Oil and Gas business; capacity expansions and new production facilities for other GE businesses; US$50 million (€36.5 million) for training and development and the creation of a global learning center; and the creation of 1000 new GE jobs.

For more information: www.ge.com

Categories: News

You must be logged in to post a comment.

Popular Posts

solar-panel

PV Sales in the U.S.

Solar panel prices have taken a 10% tumble since October ...

Voith-Bild3-Web_02

Voith Turbo BHS Getr

Voith Turbo BHS Getriebe, a leading turbo gearbox manufacturer worldwide, ...

Siemens liefert Gasturbosätze an den russischen Ölkonzern Rosneft / Siemens to supply gas turbine-generators to the Russian oil company Rosneft

Clean Power at the B

Clean Power at the Black Sea’s Shore (Source: Siemens Energy) Siemens ...

imagesCAXPJ6CP

Wärtsilä developin

Wärtsilä one of leading companies in research programme for developing ...

Conversions in Every

converted Mirrlees Blackstone K9 Major diesel engine. The conversion work ...

Sponsors

[Close Ad]
newsletter software
  • RSS
  • Facebook
  • LinkedIn