Tag Archives: General Electric

GE 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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Brazilian 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

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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

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Omega 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

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GE 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’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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GE Strengthens India’s Localization Efforts in Wind Energy

GE (NYSE: GE) today introduced the 1.7-103 wind turbine, its first wind turbine developed and engineered specifically for India’s low-wind speed conditions. For wind farm operators, the turbine’s large 103-meter rotor will help deliver high-efficiency output and attractive project economics. The 1.7-103 also provides a 30 percent increase in annual energy production compared to its … Continue reading GE Strengthens India’s Localization Efforts in Wind Energy

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GE launches wind turbines for India

GE on Friday launched the 1.7-103 wind turbine, its first wind turbine, developed and engineered specifically for India’s low-wind speed conditions. For wind farm operators, the turbine’s large 103-meter rotor will help deliver high-efficiency output and attractive project economics, a release from the company said. The 1.7-103 also provides a 30 per cent increase in … Continue reading GE launches wind turbines for India

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GE to Provide Wind Power in Scotland

GE (NYSE: GE) today announced that it will supply SSE Renewables with 10 GE-1.6 megawatt (MW) wind turbines for the Langhope Rig Wind Farm in Scotland. Once operational, the 16-MW Langhope Rig Wind Farm will generate the equivalent energy needs of approximately 15,000 Scottish homes (based on household consumption of 3,300 kWh a year). It … Continue reading GE to Provide Wind Power in Scotland

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Sweden’s Erikshester Wind Farm to be Powered by GE Wind Turbines

Further advancing its growth in the Nordic region, GE (NYSE: GE) will provide Erikshester Vindpark AB (Erikshester Wind Farm), located in Vetlanda, Sweden, with six GE 1.6-100 wind turbines. Today’s announcement brings GE’s wind energy total in the region to more than 300 megawatts (MW) of power. Once operational, the Erikshester Wind Farm will produce … Continue reading Sweden’s Erikshester Wind Farm to be Powered by GE Wind Turbines

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French Developers and GE Fuel Wind Energy Growth in France

Helping France to reach its goal of generating 23 percent of its power from renewable sources by the year 2020, GE (NYSE: GE) will supply 27 2.85-megawatt (MW) wind turbines and related services for several wind farm projects in northern France. The projects are each owned and built by French developers Boralex Inc. (TSX: BLX), … Continue reading French Developers and GE Fuel Wind Energy Growth in France

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Cutting Cost of Offshore Wind Energy by 15 Percent

GE Power Conversion (NYSE: GE) has announced the successful trials of PassiveBoost™—its technology to allow remote power networks to go DC. This is an important step in lowering the cost of power delivered from offshore installations and increasing the electrical output delivered from renewable energy sources in distant, inhospitable places. Since Edison, electrical engineers at … Continue reading Cutting Cost of Offshore Wind Energy by 15 Percent

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GE Energy Financial Services Makes First Equity Investment In Wind Power In Ireland

GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland’s wind power market by acquiring two wind farm construction projects that will be powered by the GE’s flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element … Continue reading GE Energy Financial Services Makes First Equity Investment In Wind Power In Ireland

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