London, 30 November 2023, (Oilandgaspress): – GE Vernova’s Gas Power business (NYSE:GE) announced today an expected investment of over $5 million in new technology and increased services capabilities at the Fierro Service Center in Andoian, Spain to meet the unique and growing need for services maintenance for aging gas power plants. Between 1998 and 2001, approximately 330 gigawatts (GW) of gas turbine equipment was sold worldwide, an amount equal to all the gas turbines ordered in the 15 years prior to 1998. GE Vernova added more than 350 gas turbines in a combined cycle configuration in 2002 and over 300 units the following year—and the investment into this facility will help support the growing demand for service work across this fleet.
This commitment is focused on expanding the company’s Fierro Service Center to help repair GE Vernova’s F-Class generators installed in Europe and across the world. The Center, located in Andoain, Spain, about 15 km south of San Sebastian, in the North of Spain, is expected to improve the shop flow while adding approximately 30 jobs, new equipment, and adopting lean processes to service electrical equipment (motors, generators, transformers). In addition, the site will expand generator stator winding manufacturing capabilities with the target to deliver double the current annual capacity of generators stator bars.
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