LATEST NEWS

GE Renewable Energy and Fina Enerji Sign Ten-year Full Service Agreement in Turkey

Continuing its pioneering collaboration in the development of clean energy in Turkey, GE Renewable Energy and Fina Enerji have concluded negotiations to broaden their cooperation program into a comprehensive ten-year Full Service Agreement (FSA), complemented by a 2-year trial of GE’s Predix-powered Digital Wind Farm solutions.

The new FSA, signed 21st April, 2017, is designed to allocate Operation and Maintenance (O&M) responsibilities between the parties, replacing the previous services agreement. Following Fina’s updated business strategy and under the recently signed agreement, all O&M related responsibilities will be forwarded to GE Renewable Energy for the duration of the contract.

As part of the FSA, GE Renewable Energy aims to implement GE’s Digital Wind Farm comprehensive hardware and software solutions, uniquely designed to increase the operational efficiency of the wind farms while enabling further performance enhacements. The solution is powered by Predix, GE’s platform for the Industrial Internet.

Sanjeev Addala, CDO GE Renewable Energy, said “At GE, we believe access to data is very powerful. Our goal is to bring big data to our customers to allow them to make informed decisions on fleet management. Getting access to this level of data analytics and data forecasting is a win-win for GE and FINA”.

Volkan Başkaya, GM Operations Department of FINA, added “This type of agreement ensures that GE is not just a service provider, but an operational partner. They are incentivized to make our projects an even bigger success”.

The implementation of GE’s Digital Wind Farm solutions will begin during the second quarter of 2017 and will include capabilities such as: Asset Performance Management (APM), Operation Optimization and Business Optimization – including Cloud Connect, Wind Fleet Excellence, Enterprise e-SCADA, and Wind Power Forecasting, for the entire fleet.

By complementing its services offering with the application of its full digital capabilities, GE Renewable Energy expects to develop smarter wind power forecasts to meet the requirements of Turkey.

Lihi

Recent Posts

Cleveland Clinic, RIKEN, and IBM Model a 12,635-Atom Protein – the Largest Known to Be Simulated with Quantum Computers

Milestone simulation of biologically meaningful molecules expands quantum-centric supercomputing’s role as a scientific tool Scientists…

3 days ago

Never lose the signal: the Israeli company redefining military communications

Commcrete develops compact satellite communication devices that maintain secure connectivity during combat, rescue, and electronic…

3 days ago

Yaron Elad and Elik Etzion Launch AlphaDrive, a $100 Million Fund Focusing on Cyber and AI Investments

Leumi Partners has joined the fund as an anchor investor. The fund has already invested…

5 days ago

60W DOE Level VII ready IP42-sealed wall-mount adapters for medical, home healthcare, and industrial applications

XP Power introduces the AMF60 series of 60W wall-mount AC-DC power supplies for medical, home…

2 weeks ago

ROHM launches an Ultra-Compact Wireless Power Chipset for Wearables

ROHM has developed a wireless power supply IC chipset consisting of the receiver - ML7670 -…

2 weeks ago

Microchip Expands its Family of Post-Quantum Ready Root of Trust Controllers for Next Generation Systems

Platform Root of Trust and secure boot controllers help system architects prepare for emerging mandates…

2 weeks ago