GEA receives 38 MEUR order from the United States
Bochum/New York, February 23, 2009 – The GEA Group has received the order to design, manufacture and erect the Air Cooled Condenser for the 575 MWe Astoria II combined cycle power plant in Queens/New York City (USA). The order volume is approximately EUR 38 million. The project will be executed by GEA Power Cooling in Denver/Colorado (USA) from 2009 until 2011. The Air Cooled Condenser bundles will be manufactured in GEA’s new manufacturing plant in Celaya (Mexico).
“This order shows us, that there is demand for environmentally friendly cooling technology in the US-market. In the U.S., there is a trend to replace existing power plant capacity with new, efficient and environmentally friendly technologies” says Dr. Helmut Schmale, head of the Thermal Engineering Division of GEA Group.
The use of an Air Cooled Condenser in this power plant project helps to save natural resources as the steam from the power plant is cooled and condensed in a closed system, and thus no water is consumed for the cooling or is delivered to the environment as hot water. As a pioneer in dry cooling, GEA already introduced this technology to large industry applications 90 years ago. Since these early days, GEA constantly developed the technology with respect to both reliability and performance.
GEA Group Aktiengesellschaft is Germany's largest listed mechanical engineering group. As an international technology group, the company concentrates on specialty mechanical engineering, with a focus on process technology and components. Consolidated sales amounted to EUR 5.2 billion in 2007, when the group generated over 50 percent of its sales in the high-growth food processing and beverages industries. As of September 30, 2008, the company's workforce comprised over 21,000 employees, based in 50 countries. The GEA Group ranks as a market and technology leader in 90 percent of its business areas and is listed on the German MDAX share index (G1A, WKN 660200).
