17th Oct 2007 07:00
Gas Turbine Efficiency (GTE) and Siemens Power Generation havesigned a 3-year exclusive supply agreement under which GTE willsupply, integrate, test, train and install Combustion DynamicsMonitoring Systems (CDMS). £ Siemens will exclusively market, under its own name, the systemsworldwide on its combustion turbine fleets. Under the agreement, eachparty will retain its intellectual property delivered to each otherprior to signing the agreement. £ The CDMS system integrates a variety of sensors, hardware andcontrols to create a much more effective solution on a variety of gasturbine operating issues, including: £ -- fuel variability & fuel quality £ -- emissions optimisation £ -- combustion tuning and fuel efficiency £ -- parts life extension and system protection £ Steve Zwolinski, CEO of GTE, said: "GTE continues to expand itsproducts and services portfolio with a common strategy of optimisingturbine performance to lower fuel costs, equipment downtime, systemreliability and the minimisation of greenhouse gas emissions." £ GTE delivers technologically advanced integrated solutions forenvironmental, process and asset optimisation. The focus is onimproved performance and availability, fuel efficiency, restoration ofoptimal design and parts life extension, resulting in increasedprofits for our clients and a cleaner environment. The Group's productand services portfolio includes advanced wash systems, performancemonitoring and fluid and control systems for gas turbines. £ The Power Generation Group (PG), a unit of Siemens AG, is one ofthe premier entities in the international power generation sector. Infiscal 2006 (which ended September 30), Siemens PG posted salesamounting to more than EUR10 billion and received new orders totalingEUR12.5 billion. Group profit amounted to EUR782 million. On September30 2006, PG had a work force of approximately 36,400 worldwide.Further information at: www.siemens.com/powergeneration. Copyright Business Wire 2007Related Shares:
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