Thread regarding General Electric Co. layoffs

Pivot to renewables

There is a large scale pivot to renewables that make the products that Schenectady and Greenville build less relevant now. Just one customer, Duke, is adding 3GW more of solar and wind capacity this year, and no gas turbines. Nearly all of the large size gas turbines that the market wants have already been built. Most future business for gas turbines is smaller scale units to fill capacity gaps here and there, and the sale of transactional and multi year contract service agreements.

Posted by @SWvHQMZ-gnj.

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| 1815 views | | 3 replies (last May 2, 2018) | Reply
Post ID: @OP+SXTUjvp

3 replies (most recent on top)

Should have done your homework guys. Too late now.

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Post ID: @1nyn+SXTUjvp

it’s now a race to the bottom

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Post ID: @1vfk+SXTUjvp

We all know this...

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Post ID: @1uec+SXTUjvp

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