Ansaldo, China Cooperating On Turbine Development

23 July 2018

 

Ansaldo Energia and China’s State Power Investment Corp. Ltd. announced a cooperation memorandum of understanding (MoU) to develop a new gas turbine.

This cooperation MoU confirms the aim of both parties to enter into a technical cooperation agreement to achieve mutually beneficial results in the heavy duty gas turbine area and set up a durable win-win partnership. On Sept. 4, 2017, Ansaldo Energia, in agreement with its Chinese partner SEC, signed an initial MOU with SPIC to start the negotiation of a possible collaboration agreement. This new Memorandum confirms Ansaldo Energia is willing to support SPIC in its independent research and development work on heavy-duty gas turbines and to provide specialized training and technical advice to SPIC research and development engineers. The signing of this new MoU will create the conditions for these two parties to reach a cooperation agreement in the future, the company said.

“The possible alliance with SPIC is part of Ansaldo Energia strategy to reinforce the already strong alliance with key players in the Chinese power generation sector with SEC, holding an equity stake of 40%” said Giuseppe Zampini, CEO of Ansaldo. “The Chinese National Plan for Heavy Duty Gas Turbines is a significant initiative for Ansaldo Energia and also has the support of the Italian government, in a spirit of consolidating a long-lasting partnership with Chinese industry and in accordance with Chinese government strategy to develop independent Chinese gas turbine technology under SPIC guidance.”

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