Vericor gets into BOO

18 May 2001




Honeywell International and MTU Aero engines GmbH have decided to go into the build, own and operate business with their joint venture Vericor Power Systems, supplying ‘OnsitePower’ systems. These are gas turbine based plants that provide power, steam, and hot or chilled water to industrial companies. Vericor will install OnsitePower systems right at the point of use, the customer’s site.

“With the current emergency power situation in California, we’ve seen strong interest in our systems,” said Tom Bray, president and general manager of Vericor. “That’s because getting permission for and installing power plants that generate less than 50 MW is quicker than for larger plants.” “With Vericor’s OnsitePower plants, customers will no longer have to worry about power outages that result in costly productivity issues. In fact, some projects can be installed to begin operation in as little as three to six months, depending on specific customer needs and the length of the permissive process. OnsitePower projects do not require connection to the grid, and help reduce the load of the utility transmission system” he added.

OnsitePower systems are based on Vericor’s VPS3 and VPS4 aeroderivative gas turbine-generator packages. VPS3 gensets are powered by an ASE40 3 MW gas turbine, while the VPS4 generator set includes the 4 MW ASE50 gas turbine.



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