South Korean power equipment maker Doosan Enerbility is pushing into the US gas turbine service market through a new partnership with state-owned utility Korea Southern Power and nine local suppliers.
The alliance, dubbed Gas Turbine Export Community Team Korea, will focus on providing maintenance and parts for 7F-class turbines, which generate about 150 megawatts each. The group is targeting approximately 660 such units currently operating across the US.
The move comes as Asian manufacturers attempt to challenge Western dominance in the lucrative power generation equipment market. General Electric Co. and Siemens Energy AG have traditionally controlled most of the gas turbine servicing business in North America.
Doosan Enerbility, which changed its name from Doosan Heavy Industries & Construction, will leverage its US subsidiaries to expand the partnership’s reach. The company’s vice chairman Jeong Yeon-in said the group has built up expertise through domestic collaborations.
The initiative could help Korean suppliers tap into recurring revenue streams from turbine maintenance contracts at a time when global power producers are extending the life of existing gas-fired plants rather than building new ones.
The agreement was signed at Doosan’s headquarters in Changwon, with Korea Southern Power’s president Kim Joon-dong joining the ceremony.
