NEWS
GE and GAMA Enerji to benefit from fuel
savings at Turkish power plant
G
E’s Power Services business has announced that it will help
GAMA Enerji A. Ş . (GAMA Enerji) to reduce fuel costs and improve
power generation asset reliability and visibility at its İ çanadolu Do ğ al
Gaz Elektrik Üretim Ve Ticaret A. Ş .(ICAN) power plant in Turkey
using a variety of digital solutions. The benefits realised from the
power plant’s improved fuel savings will be shared between the two
companies. This marks the first time that GE has implemented its
Outcome-as-a-Service (OaaS) model in Turkey.
“When generating power, fuel expenses account for over 80% of
costs,” said Graham Traynor, Assistant Managing Director responsible
for execution and operations with GAMA Enerji. “Because power
plants rely on an immense, consistent supply of fuel, even the
slightest improvement in efficiency and reduction in usage can result
in significant cost savings. Given our history of working together with
GE, we co-developed a plan to help improve our operations in a way
that benefits both companies financially. It is a true win-win scenario
for all parties involved.”
The project is the result of GE and GAMA Enerji working together
to reconfigure an existing multi-year service agreement to benefit
both companies. With the new agreement, GAMA Enerji will install
and deploy GE’s Asset Strategy Optimization solution and will also
extend the scope of its implementation of GE’s Asset Performance
Management (APM) software suite. The project, which includes
balance of plant equipment, will provide added reliability and
visibility of asset performance, enabling better, clearer and faster
predictive maintenance and condition monitoring on the plant’s two
GE 9FB gas turbines.
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Worldpay expands payment processing
into Turkey with iyzico
W
orldpay, a global leader in payments, has partnered with iyzico,
the fastest growing payments provider in Eastern Europe and
Turkey, to extend its payment services into Turkey. The collaboration
is the first of its kind in the Turkish market, making it easier for global
merchants to accept credit and debit card payments locally.
Through Worldpay, international businesses are able to work with a
single payments provider across multiple markets, including Turkey,
enabling them to improve transaction success rates and benefit from
reduced operating costs. Global eCommerce players have seen their
transaction success rates improve by up to 74% by processing locally
through iyzico.
Shane Happach, CEO of Global eCom at Worldpay, said: “The data
surrounding the Turkish eCommerce market is pointing to explosive
growth in the coming years. Everything about this country demands
that merchants enter with a tailored strategy. We’re delighted to
partner with iyzico, an industry leader, to offer our customers the
local expertise to navigate the Turkish eCommerce market and tap
into this opportunity.”
Barbaros Ozbugutu, CEO of iyzico, said: “With a fast-growing
economy, underpinned by strong consumer spending, Turkey is
a huge potential market for global businesses, especially as 21.5
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million online shoppers are generating US$10 billion in eCommerce
sales. To unlock this potential, there are important considerations for
international merchants. The key to success is to offer consumers a
seamless shopping experience under unprecedented local expertise,
just as they would expect with local brands. Our local payments
know-how combined with Worldpay’s expertise will enable global
merchants to process locally, thus increasing checkout conversion
rates by up to 25%. This will obviously be an important contribution
to Turkey’s growth in the global eCommerce market.” n
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