GE announces its decision to invest up to $5 million over the next two years to add a second manufacturing location for GE’s TM 250 and LM2500XPRESS aeroderivative units for the Americas region in its existing Global Technology Center in Greenville, South Carolina. The manufacturing hub will complement the current GE manufacturing site in Veresegyhaz, Hungary. The announcement underscores the company’s commitment to its flexible and mobile aeroderivative gas turbine technology, which can help manage power shortages, stabilize the grid, and support renewables growth.
GE’s Global Technology Center in Greenville will significantly increase its manufacturing capability to support deliveries in the Americas, but also the global aeroderivative growth. According to Global Market Insights, the global aeroderivative turbine segment is set to exceed $2.5 billion by 2025, demonstrating that the agile aeroderivative turbine technology is appreciated for its compact size, lighter weight, quick start capability and operational flexibility. With quick start times, aeroderivative turbines are a crucial component for renewables balancing in grid systems. Aeroderivatives can start and stop daily, further enhancing their suitability for renewable energy generation.