GE, Shenhua Enter Venture to Promote Clean Coal in China

摘要

GE has entered a 50-50 joint venture (JV) with China's Shenhua Group to advance the development of clean coal technology in China. The new joint venture company combines GE's expertise in industrial gasification technologies with Shenhua's expertise in coal gasification and coal-fired power generation. The JV will sell industrial gasification technology licenses in China, conduct research and development to improve cost and performance of commercial-scale gasification and Integrated Gasification Combined Cycle (IGCC) solutions and work to advance to distribution of commercial-scale IGCC.