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GE and Shenhua to Form Coal Gasification JV
2:38 PM MST | January 18, 2011 | Vincent Valk
GE and Shenhua Group (Beijing), a coal mining firm, are forming a joint venture to develop and deploy industrial coal gasification technologies, the companies announced today. The companies will sell licenses for the technology, build integrated gasification combined cycle (IGCC) plants and pursue other IGCC projects, as well as conduct joint R&D on coal gasification. The jv is expected to begin operations later this year. Terms of the jv agreement, including financial details, have not been disclosed. The jv will "create a comprehensive...
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