GE (NYSE: GE) announced today it has achieved a total installed capacity of 1 gigawatt (GW) of wind energy in Brazil. During the first half of 2014, GE connected 381 wind turbines to the grid in Brazil, providing 600 megawatts (MW) of capacity to the country. In one week alone, GE connected 184 of these … Continue reading GE Celebrates Wind Energy Milestones in Brazil
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GE Enables More Wind Energy on New England’s Transmission Network
While the integration of wind energy continues to have broad public policy support, consumers are playing a larger role to ensure their electricity provider is using higher levels of renewable power to meet their clean energy expectations. To address the growing demand, GE’s Digital Energy business today announced that its Synchronous Condenser technology will be … Continue reading GE Enables More Wind Energy on New England’s Transmission Network
Continue readingGE Energy Financial Services Invests in Atria Power’s Wind Energy in India
GE unit (NYSE: GE) GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in India, supporting GE’s commitment to invest USD $1 billion annually in renewable energy projects worldwide. The wind farms will have a combined capacity of 126 megawatts and will support the Indian Ministry of New and … Continue reading GE Energy Financial Services Invests in Atria Power’s Wind Energy in India
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GE invests in India wind energy projects
GE Energy Financial Services has invested equity in three wind power projects of Atria Power. The company did not disclose the details of how much was invested. The company said in a statement that the investment supports GE’s commitment to invest $1 billion annually in renewable energy projects worldwide. “The wind farms will have combined … Continue reading GE invests in India wind energy projects
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SSE Renewables Selects GE Wind Turbines for Scottish Wind Farm in the Highlands
Further advancing the growth of renewable energy throughout the United Kingdom, GE (NYSE: GE) today announced that it will supply SSE Renewables with 33 GE 2.85-100 wind turbines for the Dunmaglass Wind Farm, located near Inverness, Scotland. GE specially designed these wind turbines for the project with a 70-meter tower so they meet the associated … Continue reading SSE Renewables Selects GE Wind Turbines for Scottish Wind Farm in the Highlands
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E.ON And GE Energy Financial Services Partner To Complete GE-Powered Wind Farm, In Texas Panhandle
Subsidiaries of E.ON SE (E.ON) and GE (NYSE: GE) are forming an investment partnership to own and operate Grandview Phase I, a 211-megawattt GE-powered wind farm under construction in the Texas Panhandle. GE Energy Financial Services provided 50 percent of the partnership equity in the project, with the balance provided by E.ON’s subsidiary E.ON Climate … Continue reading E.ON And GE Energy Financial Services Partner To Complete GE-Powered Wind Farm, In Texas Panhandle
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Spinning Spur II Wind Energy Project in Texas Becomes Operational
EDF Renewable Energy announced today that the 161-megawatt (MW) Spinning Spur II Wind Project in Texas has reached commercial operation (COD). The company further announced the close of structured equity financing from GE Energy Financial Services (NYSE: GE) and MUFG Union Bank, N.A. The completion of construction and COD milestone allows the closing of the … Continue reading Spinning Spur II Wind Energy Project in Texas Becomes Operational
Continue readingBrazilian Casa dos Ventos turn to GE for wind turbines
Casa dos Ventos will make a decision within two weeks whether to buy an additional 150MW of wind turbines, worth 525-million reais, from GE for a wind farm it may buy from Industrias Metalurgicas Pescarmona (Impsa) said two people. General Electric (GE) plans to announce deals in coming weeks to sell wind turbines worth as … Continue reading Brazilian Casa dos Ventos turn to GE for wind turbines
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Alstom Board Chooses GE Offer
GE [NYSE: GE] was informed today that the Alstom Board of Directors has unanimously decided to positively recommend GE’s offer to acquire the Power and Grid businesses of Alstom. With this decision, the transaction will proceed with Works Councils consultation, customary regulatory approvals and Alstom shareholder approval. The deal is expected to close in 2015. … Continue reading Alstom Board Chooses GE Offer
Continue readingDTE Energy acquires wind farm
DTE Energy (NYSE: DTE) has purchased one of two Pheasant Run wind parks from a NextEra Energy Resources LLC. (NYSE: NEE) subsidiary. The 75-MW Pheasant Run II wind park in Huron County, Michigan will be renamed the Brookfield Wind Park. The wind farm entered operation earlier this year, however, it will shut down for less … Continue reading DTE Energy acquires wind farm
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GE inks 400 MW wind turbines deal for Texas wind farm
New Generation Power Texas has signed a contract with GE for the supply of 235 wind turbines and related services for their 400 Megawatt Texas Wind Project. Construction began in December 2013 and will be built out over two phases. NGP Texas has brought together a team of industry leaders in order to successfully complete … Continue reading GE inks 400 MW wind turbines deal for Texas wind farm
Continue readingFrance wants Areva to buy Alstom wind energy unit if GE wins bid
France wants state-controlled nuclear group Areva to take over Alstom’s offshore wind turbine unit if General Electric’s bid for Alstom succeeds, a French paper reported on Friday. Areva and Alstom both produce offshore wind turbines and are part of different consortia to build 3,000 megawatts of wind power off the French coast in coming years. … Continue reading France wants Areva to buy Alstom wind energy unit if GE wins bid
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GE’s Wind PowerUp Technology Improving Output on More than 1,000 Wind Turbines
GE’s (NYSE: GE) renewable energy business announces that its Wind PowerUp* platform has secured more than 1,000 units under contract to date. PowerUp, a GE Predictivity™ solution, is a customized software-enabled platform that allows wind farm operators to increase annual energy production (AEP) on their turbines by up to 5 percent, taking into account environmental … Continue reading GE’s Wind PowerUp Technology Improving Output on More than 1,000 Wind Turbines
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GE Announces Cumulative 3.9 Gigawatts of US Wind Energy Orders
GE’s (NYSE: GE) renewable energy business announced a cumulative 3.9 gigawatts (GW) of firm and unconditional wind turbine supply orders in the United States since January 1, 2013, the date of the Production Tax Credit extension. Of these orders, 1.1 GW of GE technology was placed into service in 2013. The remaining 2.8 GW will … Continue reading GE Announces Cumulative 3.9 Gigawatts of US Wind Energy Orders
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GE Successfully Proves Wind Power Technology to Extend Wind Turbine Blades
GE’s (NYSE: GE) renewable energy business announced a technology demonstration of a 7-meter blade extension, taking GE wind turbines from a 77-meter rotor to a 91-meter rotor. The extension increases the swept area of the rotor by 40 percent and increases the energy production by more than 20 percent. There are currently two prototypes that … Continue reading GE Successfully Proves Wind Power Technology to Extend Wind Turbine Blades
Continue readingOmega Selects GE’s New 2.2-107 Brilliant Wind Turbines for 70-Megawatt Wind Farm in Brazil
GE (NYSE: GE) today introduced the latest in its line of brilliant wind turbines with the 2.2-107 and announced an order of 32 turbines from Omega Energia in the Piaui region of Brazil. This is the first order for GE’s 2.2-107 wind turbine, which was selected by Omega Energia in the A-5 Brazil energy auction … Continue reading Omega Selects GE’s New 2.2-107 Brilliant Wind Turbines for 70-Megawatt Wind Farm in Brazil
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GE Expands Brilliant Platform with Plant-Level Wind Power Management Tools
GE’s (NYSE: GE) renewable energy business announced the expansion of its brilliant wind platform to include plant-level wind management software applications to improve overall wind farm output. Using the power of the Industrial Internet and turbine-to-turbine communications capabilities, GE’s new software allows the turbines within a wind farm to act as a cohesive unit, rather … Continue reading GE Expands Brilliant Platform with Plant-Level Wind Power Management Tools
Continue readingGE offers $13.5 billion enterprise value to acquire Alstom
GE (NYSE:GE) and Alstom announced here today that GE has submitted a binding offer to acquire the Thermal, Renewables (“Power”) and Grid businesses of Alstom (ALO.PA) consisting of $13.5 billion (€9.9 billion) enterprise value and $3.4 billion (€2.5 billion) of net cash, totaling $16.9 billion (€12.35 billion). The Alstom board of directors has positively received … Continue reading GE offers $13.5 billion enterprise value to acquire Alstom
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GE invests in India’s biggest solar power plant
GE Energy Financial Services, an arm of American multinational conglomerate General Electric, has agreed to invest $24 million in a 151 (DC)-megawatt solar photovoltaic power project built by Welspun Renewables Energy Private Limited in Neemuch in Madhya Pradesh, as per a statement. This is also the first investment by GE Energy Financial in any solar … Continue reading GE invests in India’s biggest solar power plant
Continue readingGE’s Energy Investing Unit Exceeds $10 Billion Renewable Energy Milestone, Generating Clean Power, Jobs
GE Energy Financial Services announced today it has exceeded $10 billion in renewable energy investment commitments worldwide to become one of the industry’s leading investors. The projects generate twice the electricity consumed in Los Angeles annually, avoid greenhouse gases equivalent to the annual car emissions in Massachusetts, and create an estimated 10,000 US jobs. GE … Continue reading GE’s Energy Investing Unit Exceeds $10 Billion Renewable Energy Milestone, Generating Clean Power, Jobs
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