Financing of $94 million to Indonesia to purchase locomotive kits from General Electric Transportation. A loan of $79.4 million to a company in Spain for gas turbines and generators from GE.

Steam turbine-powered locomotives never really caught on. Similar to gas turbine engines, steam turbines are efficient at certain rpm, and extremely inefficient at many others.

GE announced Tuesday it planned to spin off GE Healthcare as a standalone company, retaining a 20 percent share. GE shareholders would get the other 80 percent in the form of stock in the new company.

The new GE 26.8-inch LSB was applied to the first of the two GE steam turbines at Coal Creek Station, which has a total capacity of more than 1,100 MW.

It’s about one-tenth the size of a steam turbine of comparable output, and has the potential to be 50 percent efficient at turning heat into electricity. Steam-based systems are typically in the ...

General Electric Company’s GE business unit GE Steam Power recently secured a $165 million deal from India’s government-owned engineering and manufacturing firm, BHEL, to deliver three nuclear ...

GE told POWER on Thursday that after the sale, it envisions Steam Power will retain a services-centered business focused on the more than 100 GW of nuclear turbine islands in the Americas region.