Latest Shanghai Electric Group Co. Ltd. Stories

SEC-SPX JV to Supply Cooling Equipment to Four Chinese Power Plants CHARLOTTE, N.C. and SHANGHAI, April 11, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its strategic joint venture with Shanghai Electric Group Co., Ltd. (Shanghai Electric) has received new orders for dry cooling systems for four power plants in China totaling more than $80 million. Since its inception in January 2012, the joint venture has received 11 dry cooling orders in China totaling just...

CHARLOTTE, N.C. and SHANGHAI, July 23, 2012 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that its strategic joint venture with Shanghai Electric Group Co., Ltd. (Shanghai Electric) has received orders for dry cooling systems for three power plants in China totaling more than $40 million. With the orders, Shanghai Electric -SPX Engineering & Technologies Co., Ltd. (SEC-SPX) will provide air cooled condensers (ACC) to the Mengtai, Baota and Zhong Yu power plants...

CHARLOTTE, N.C. and SHANGHAI, Jan. 5, 2012 /PRNewswire/ -- SPX Corporation (NYSE: SPW) and Shanghai Electric Group Co., Ltd. (Shanghai Electric) today announced the formation of a new strategic joint venture to supply industry-leading products to the power sector in China and select global opportunities. The joint venture agreement is between Shanghai Electric Group and an SPX subsidiary in China. With 2010 revenue of $9.5 billion, Shanghai Electric is one of China's leading...