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GE, Siemens Win India Solar Turbine Orders to Offset U.S. Slump

General Electric Co., Siemens AG and Areva SA have won orders from India’s largest solar plants requiring conventional turbines, helping to offset a slump in the U.S. where developers are scrapping such projects.

Reliance Power Ltd., controlled by billionaire Anil Ambani, and Lanco Infratech Ltd. are among seven companies building a third of India’s planned sun-powered capacity to 2013 using solar-thermal technology which concentrates sunlight to boil water to power steam turbines.