TRIPOLI, LIBYA -GE’s (NYSE: GE) Distributed Power business today announced that its trailer-mounted, mobile aeroderivative gas turbines have been chosen to help the General Electricity Company of Libya (GECOL) meet the country’s growing power needs, with two of the units having been installed and commissioned within six weeks after site selection. This fast-track, $135 million […]
WASHINGTON — Building on President Obama’s Climate Action Plan to continue U.S. leadership in clean energy innovation, the Energy Department’s Office of Energy Efficiency and Renewable Energy (EERE) today awarded $17 million in Small Business Innovation Research (SBIR) projects to help small businesses in 13 states develop prototype technologies that could improve manufacturing energy efficiency, […]
NEW YORK– First Solar, Inc. (Nasdaq: FSLR) and GE’s Power Conversion business (NYSE: GE) are utilizing their recently established technology and commercial partnership to develop a more cost-effective and productive utility-scale PV power plant design that combines First Solar’s thin-film CdTe modules with GE’s new ProSolar 1,500-volt inverter/transformer system. First Solar has integrated new technology […]
BARCELONA, SPAIN—March 10, 2014—Today, GE’s (NYSE: GE) renewable energy business announced the introduction of its new space frame tower for multi-megawatt wind turbines at the European Wind Energy Association’s annual conference in Barcelona, Spain. The five-legged enclosed lattice tower from GE enables towers up to 139 meters to be built more cost-effectively in never before […]
Air Products (NYSE: APD) and NIPPON STEEL & SUMIKIN Pipeline & Engineering Co. Ltd. (NSPE) today jointly announced the signing of an agreement signifying the intent of the two companies to work together on Japan’s developing hydrogen fueling infrastructure market. The agreement also discusses the objective of finalizing a long-term marketing and supply relationship agreement […]
MOLINE, Illinois – Deere & Company (NYSE: DE) announced today that it has reached a definitive agreement to sell its irrigation operations to FIMI Opportunity Funds, the leading private equity firm in Israel. After being involved in the production of irrigation products for seven years, Deere announced in September its intention to seek strategic options […]
SCHENECTADY, N.Y. GE (NYSE: GE) today announced the opening of its Global Wind Turbine Drivetrain Repair Innovation Lab at the site of GE’s Power Generation Repair Technology Center in Albany, N.Y. The center marks an investment in GE’s presence in the Capital Region and expansion of the local renewable energy team’s facilities. The facility is […]
BALTIMORE, – To advance the availability of alternative energy solutions, Lockheed Martin announced today that it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project announced to date. This is a significant step toward making ocean energy commercially available. The 62.5-megawatt peak power wave energy generation […]
SCHENECTADY, N.Y. EDP Renewables (EDPR) will use GE’s (NYSE: GE) Wind PowerUp*, a GE Predictivity solution, to increase the power output of 402 GE 1.5-77 wind turbines located at five U.S. wind farms. PowerUp is a customized software-enabled platform that increases a wind farm’s output. By using PowerUp, EDPR is expected to increase power, generating […]
FLORENCE -GE Oil & Gas (NYSE: GE) today announced it has received a contract to provide a turnkey turbomachinery solution to Petrofac Emirates for the Upper Zakum UZ750 field in Abu Dhabi, developed by ZADCO (Zakum Development Company). The turbomachinery equipment will be delivered in the form of massive, standalone, plug-and-play “modules,” which will ship […]
