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Business 2004 P3



Siemens plans more offices in China
Siemens plans to expand its operation in China with the number of regional offices being increased to 60, according to Siegfried Schmidt, vice president and a member of the management committee of Siemens China.

Half-year results see ScottishPower power on
Scottish Power plc has announced generally positive half-year results that include the acquisition of a 1000 MW UK CCGT plant.

Doosan set for takeover of Daewoo
Doosan Heavy Industries and Construction is the chosen suitor to take over once-defunct Daewoo Heavy Industries and Machinery, the largest defence and construction equipment maker in Korea.

Ceramic Fuel Cells raises international profile
Australia's Ceramic Fuel Cells Ltd (CFCL) has this week enhanced its international position with progress on a number of fronts - AIM admission, trade delegations and presentations of its unique technology.

International Power completes Turbogas acquisition
International Power (IPR) has successfully completed the acquisition of a 75 per cent shareholding in the 990 MW Combined Cycle Gas Turbine Turbogas power station in Portugal ("Turbogas") from RWE Power AG (RWE).

Distributed Energy Systems makes the Fast 500
Distributed Energy Systems Corp., has announced that it ranked number 473 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.

ABB returns improved performance
ABB has reversed last year's results by reporting a steady improvement in orders and revenues earnings as well as cash flow from operations in the third quarter of 2004.

Mitsubishi Corp plans US plant purchases
Japanese trading house Mitsubishi Corporation is reported to be buying two power plants in the USA from American independent power producer, Intergen North America.

Cinergy and GE-Bechtel alliance to study commercial IGCC plant
Cinergy/PSI, General Electric Company and Bechtel Corporation have signed a letter of intent to study the feasibility of constructing a commercial, integrated gasification combined cycle (IGCC) generating station.

Toyota Tsusho to sell Vestas equipment to Taiwan
Japan's Toyota Tsusho Corp. is to market wind power generation equipment in Taiwan through a joint venture it has established with partners, including subsidiary Vestech Japan Corporation, which imports and markets wind power generation equipment in Japan.

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