en.Wedoany.com Reported - Hangzhou Steam Turbine Power Group Co., Ltd. (referred to as "Turbine Technology", 300277.SZ) released an investor relations activity record on June 18, 2026, disclosing the latest progress in the company's self-developed gas turbine research. The company stated that the 90MW self-developed gas turbine project has entered the detailed design phase, with plans to complete all detailed design within 2026.

Turbine Technology formed a team in 2014 to initiate the development of self-developed gas turbines. In 2019, the digital prototype design was completed. From 2020 to 2023, experiments on the turbine, combustion chamber, and compressor, as well as hydrogen combustion tests in the combustion chamber, were successively completed. In July 2024, the full prototype assembly was completed. In 2025, ignition tests and full-load tests were successively completed. In May 2026, the company completed the 72+24-hour full-load continuous operation test, marking that the company's self-developed gas turbine is ready for commercial operation. Subsequently, the company will continue to advance tests such as extreme condition testing.

In May 2026, the company's subsidiary, Hangzhou Steam Turbine New Energy Co., Ltd., won the bid for the EPC project of the first phase of the Lianyungang Self-Developed Gas Turbine Test and Application Demonstration Base. Based on current progress, the Lianyungang gas turbine demonstration project is expected to complete order delivery of the self-developed gas turbine within 2026.

In terms of the supply chain, the company's self-developed gas turbine blades currently all use domestic supply chain products, with major suppliers including several well-known domestic manufacturers. The current delivery period for the self-developed gas turbine is within 18 months. Turbine Technology has been cooperating with Siemens on gas turbine business since 2015, responsible for the promotion and service of the SGT series products in the Chinese market. The steady progress of this self-developed gas turbine marks an important advancement for China in the high-end equipment manufacturing field of gas turbines.

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