en.Wedoany.com Reported - On March 31, China's Jereh Co., Ltd. announced that its wholly-owned subsidiary, GenSystems Power Solutions LLC (hereinafter referred to as GPS), has signed a gas turbine generator set sales contract with a certain U.S. customer. The contract amount is USD 341 million (approximately RMB 2.359 billion), accounting for about 17.66% of the company's audited operating revenue for 2024.
The company stated that this contract is the fifth gas turbine generator set sales contract signed with U.S. customers since November 2025, and the counterparty is the fourth client the company has recently cooperated with in the United States.
Specifically, the gas turbine generator sets sold this time will be applied in the field of data center power supply. This batch of units adopts a standardized modular design, enabling rapid transportation, on-site assembly, and flexible capacity expansion, effectively addressing practical challenges such as tight project timelines and space constraints.
Against the backdrop of power bottlenecks hindering AI computing expansion in North America, Jereh is transforming from a traditional oilfield service equipment supplier to a data center power supply solution provider. According to public information, Jereh has secured multiple major orders in less than half a year: On January 14 this year, the company announced that its wholly-owned subsidiary GPS had cumulatively signed two orders with a certain U.S. customer, totaling USD 212 million (approximately RMB 1.484 billion);
An announcement on February 2 this year showed that the company's wholly-owned subsidiary GPS signed a gas turbine generator set sales contract with a certain U.S. customer for an amount of USD 181.5 million (approximately RMB 1.265 billion), with a delivery cycle of 30 months. This contract was the fourth gas turbine generator set sales contract signed with U.S. customers since November 2025, and the counterparty was the third client the company had recently cooperated with in the United States.
Combined with the latest announcement on the same day, Jereh has added another cooperative client in the U.S., and the single contract amount exceeding RMB 2 billion marks another step up.
Regarding gas turbine supply, the company previously clarified during institutional research that it has established long-term stable cooperative relationships with gas turbine manufacturers such as Siemens, Baker Hughes, and Kawasaki Heavy Industries, covering various models including the SGT-A05, LM2500, and NovaLT™.
Currently, by expanding the production capacity of its original U.S. factory, the company possesses assembly and production capabilities in North America for various equipment such as electric drive / turbine fracturing complete sets and gas turbine power generation equipment, which can meet the demand for related products in the North American region.
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