"The situation on the market for power plant equipment is still a difficult one, characterized by tough competition, overcapacities and price pressure," stated Willi Meixner, CEO of the Siemens Power and Gas Division. "Against this background we are pleased to have achieved this breakthrough on the Chinese gas turbine market. This order also marks an important milestone in our close and long-standing cooperation with our partner CHD," Meixner added.
Zengcheng District, one of the three development engines of Guangzhou City, has been committed to building an advanced manufacturing base in recent years. Siemens is helping the district replace small coal-fired industrial boilers with clean natural-gas-fired systems.
Siemens also plans to digitally upgrade and network CHD's gas turbines, steam turbines, wind turbines and photovoltaic power generation units. This is to be accomplished by deploying operation centers to build up a multi-energy intelligent power generation system that relies on acquisition and analysis of data from networked fleets to improve market responsiveness and operational efficiency through advanced diagnostic capabilities.