NAPLES, Fla., – Hertz Equipment Rental Corporation (HERC) (hertzequip.com), a subsidiary of The Hertz Corporation (NYSE: HTZ), has launched “Equipment Assurance,” its equipment extended service plan program, in the U.S. in partnership with Warrantech, a subsidiary of AmTrust Financial Services, Inc.
The Hertz Corporation.

“At Hertz Equipment Sales, our equipment is purchased from some of the most trusted names in the industry and all used equipment that we sell is available in HERC ‘Ready to Work’ condition and with a full service history. With Equipment Assurance, we have now established an extended service plan program for additional protection,” said Robert G. Cowing, Division Vice President Sales, North America, Hertz Equipment Rental Corporation.

“In essence, our Equipment Assurance program provides extra peace of mind when buying used equipment if the unexpected occurs or parts need replacing.”

Some of the major benefits of the Equipment Assurance program are:
Coverage begins on first day of ownership (extended service plan must be purchased within two days of the equipment purchase)
Multiple levels of coverage and terms for trucks and equipment

Fast, quality service
Nationwide network of authorized repair facilities
Equipment Assurance joins the company’s HERC Ready Finance suite of “one stop shopping” solutions for equipment purchasing, leasing and financing.

To obtain a quote or to learn more about Equipment Assurance, customers can contact their local sales representative. Equipment Assurance is available to commercial customers only.

The used equipment for sale from HERC includes earthmoving, aerial, material handling, air compressors, compaction, power generation and trucks. Equipment for sale can be viewed online at www.hertzequip.com. The company also recently opened its first HERC Equipment Sales location in Orlando, Fla., a facility completely dedicated to the sale of used equipment.

About Hertz Equipment Rental Corporation
Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 350 locations in the United States, Canada, China, France, Spain, and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

About Warrantech
Warrantech provides innovative extended service plans (ESPs) and warranty programs for retailers, dealers, distributors, and manufacturers in numerous consumer and automotive markets. Our company is focused on customer success through product innovation and unparalleled service excellence. Each of our products is developed with the customer in mind, to increase profitability, enhance market differentiation, and build long-term relationships.
Warrantech is a subsidiary of AmTrust Financial Services, a multinational property and casualty holding company that is rated “A” (Excellent) by A.M. Best Company for their financial strength and stability. An innovative, technology-driven company, AmTrust brings its financial strength to Warrantech, enabling it to offer a unique, bundled approach that includes both underwriting and administration. This creates complete transparency and visibility to information that enables customers to change and create plans that are both highly customized and profitable.

DUBAI, UAE, Oct. 11, 2021 /CNW/ — Under the theme ‘At the forefront of sustainability’, Dubai Electricity and Water Authority (DEWA) organised the 23rd Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) at Dubai Exhibition Centre at Expo 2020 Dubai. Over 1,200 companies from 55 countries, 61 sponsors, and 10 country pavilions took part in the exhibition, which attracted 45,506 visitors from around the world.

Over 3 days, visitors to the largest exhibition of its kind in the region and one of the largest specialised exhibitions in the world, learned about latest technologies, solutions, and innovations in energy, water, sustainability, green technologies, renewable and clean energy, conservation, green buildings, electric vehicles and other vital sectors.

“In addition to the success of the exhibition, we are also pleased it was the first exhibition to be organised in the Dubai Exhibition Centre at Expo 2020 Dubai. This provided an exceptional opportunity for sponsors, exhibitors, and visitors to be part of the first world Expo in the Middle East, Africa, and South Asia, and one of the first big events since the start of the pandemic. The UAE, under the wise leadership’s vision, is one of the first countries to start recovering from COVID-19,” said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX & DSS.

WETEX & DSS provides an ideal platform for signing deals and building partnerships between local and international companies. It enables decision makers and investors from around the world to learn about market needs, future projects, and opportunities to join renewable or clean energy projects in the UAE and the region.

DEWA organised 56 seminars and panel discussions at the exhibition on sustainability; renewable and clean energy; green hydrogen; water desalination using clean energy; carbon capture; circular economy; renewable energy production and storage; turning waste into energy; Artificial Intelligence (AI); emerging technologies in utilities; smart meters and networks; post-COVID-19 innovation, and other topics that support sustainable development.

Video – https://mma.prnewswire.com/media/1656866/WETEX_2020_Dubai.mp4
Photo – https://mma.prnewswire.com/media/1656584/DEWA_WGES_DSS.jpg

SOURCE Dubai Electricity and Water Authority

CONTACT: For more information, please contact: Khuloud Al Ali / Shaikha Almheiri / Mohammad Almheiri, Dubai Electricity and Water Authority, +971 56 3974965 / +971 55 2288228 / +971 55 2725291, Media@dewa.gov.ae / Shaikha.almheiri@dewa.gov.ae / Mohammad.almheiri@dewa.gov.ae ; Susan Saidi / Mohammed Meshal, Hattlan Media, +971 50 8076338 / +971 50 7006846, susan@hattlan.com / mohammed@hattlan.com

23 January, Davos, Switzerland – Batteries will be a major driver in reducing the carbon footprint of the transport and power sectors through the use of electric vehicles and renewable energy. To help companies and governments, the Global Battery Alliance designed 10 guiding principles for the creation of a sustainable battery chain by 2030.

These principles are intended as the first step in a responsible, sustainable battery value chain as set out in the Global Battery Alliance’s “A Vision for a Sustainable Battery Value Chain in 2030”. Implementing commitments will be based on existing standards such as the Organisation for Economic Co-operation and Development (OECD)’s Due Diligence Guidance and economically viable considerations for a circular and low carbon economy.

At the Annual Meeting 2020, 42 organizations, including businesses from mining, chemicals, battery, automotive and energy industries, representing annual revenue of close to a trillion dollars, along with international organizations and global NGOs, have agreed on the 10 guiding principles.

They include maximizing the productivity of batteries, enabling a productive and safe second life use, circular recovery of battery materials, ensuring transparency of greenhouse gas emissions and their progressive reduction, prioritizing energy efficiency measures and increasing the use of renewable energy, fostering battery-enabled renewable energy integration, high quality job creation and skills development, eliminating child and forced labour, protecting public health and the environment and supporting responsible trade and anti-corruption practices, local value creation and economic diversification.

“We all need batteries to power the clean revolution. However, we must ensure violations of human rights do not occur anywhere in the value chain, that local communities benefit and that battery production is sustainable. These guiding principles are an important first step to build a value chain that can deliver on this promise while supporting societies and economies at the same time”, said Dominic Waughray, Managing Director, World Economic Forum.

Organizations supporting the realization of a battery value chain that meets these principles include AB Volvo, African Development Bank, Amara Raja Batteries , Analog Devices, Audi, BASF, Bayerische Motoren Werke (BMW), Cadenza Innovation, China EV100, Clarios, ClimateWorks Foundation, Enel, Envision Group, Eurasian Resources Group (ERG), Everledger, Fairphone, Fundacion Chile, Good Shepherd International Foundation, Greentech Capital Advisors, Groupe Renault, Honda, IMPACT, International Institute for Environment and Development (IIED), International Justice Mission (IJM), Johnson Matthey, International Lead Association (ILA), Leaseplan, Office of the President of the Democratic Republic of the Congo (DRC), OPTEL Group, Pact, Pure Earth, Responsible Battery Coalition, SGS, SK Innovation, Sociedad Química y Minera de Chile SA (SQM), The Faraday Institution, The World Bank Group, Trafigura, Transport & Environment (T&E), Umicore, United Nations Children’s Fund (UNICEF), the Volkswagen Group and the World Business Council for Sustainable Development (WBCSD). To realize the full ambition of these principles, the Global Battery Alliance is actively seeking the endorsement of additional organizations to ensure full participation throughout the battery value chain.

This alignment among key players in the battery market establishes the basis for a transparent accountability system. It will guide the development of a global digital battery information disclosure system referred to as the “Battery Passport”, which is designed to enable a transparent value chain, for example, with respect to human rights and the environmental footprint.

What the signatories say

“Je suis ravi d’annoncer que le Gouvernement de la République Démocratique du Congo soutient la Global Battery Alliance et ses dix principes directeurs. J’invite les membres de mon gouvernement à travailler avec l’Alliance afin d’établir une chaîne de valeur durable du cobalt. C’est indispensable pour permettre la transition énergétique.” Felix Tshisekedi, President of the Democratic Republic of the Congo (DRC)

“Amara Raja is fully committed to support the transition to a carbon neutral energy footprint across the globe and recognizes that advanced battery technologies have a critical role to play to enable and accelerate this transition. Amara Raja is delighted to be part of the Global Battery Alliance efforts to drive the transition and endorses the ‘Principles and Commitments to Realize the 2030 Vision’. The principles and commitments as articulated by the GBA provide a framework for implementation of a scalable and sustainable approach for faster adoption of smart energy solutions for a greener future.” Vijayanand Kumar Samudrala, Chief Executive Officer, Amara Raja Batteries

“Analog Devices strongly believes that technology is one of the key enablers for a sustainable, circular and ultimately regenerative economy. Batteries will play a key part in enabling this shift as the world accelerates towards renewable energy sources. It is vital that the value chain forming around batteries is both sustainable and just across the entire lifecycle of the battery, from extraction and formation to second life and recycling. At Analog Devices, we support the work of the Global Battery Alliance and fully endorse the 10 principles for a sustainable value chain.” Vincent Roche, Chief Executive Officer, Analog Devices

“For Audi, batteries are key on our way to carbon neutral mobility. To ensure that this technology is thoroughly sustainable, we welcome and support the GBA initiative and our common principles. We believe in the power of joint collaboration across all stakeholders in the entire value chain of batteries and therefore encourage others to join the GBA as well. Audi is striving for a reliable “sustainability performance seal”, carried out by robust stakeholder engagement, which stands as a global reference for clean and ethically produced batteries.” Hildegard Wortmann, Member of the Board of Management, Sales and Marketing, Audi

“These guiding principles are a milestone for the Global Battery Alliance to promote a sustainable and responsible battery value chain. As a founding member of the alliance, BASF welcomes a joint vision and concrete actions, such as the planned battery passport.” Martin Brudermüller, Chairman of the Board of Executive Directors of BASF and Co-Chair of the Global Battery Alliance

“An efficient, transparent, sustainable global value chain is vital to ensuring that the battery industry continues to meet unprecedented demand in an innovative and socially responsible manner. The guidelines put forth by the Global Battery Alliance provide a thoughtful and actionable approach for ensuring that. By bolstering the role that energy storage plays in combatting climate change while lifting underserved populations up out of energy poverty, the GBA’s efforts can benefit our whole society.” Christina Lampe-Onnerud, Founder and Chief Executive Officer, Cadenza Innovation

“The 10 principles of the Global Battery Alliance have far-reaching significance for the development of the global battery industry, and will play a guiding role in the orderly and sustainable development of the battery value chain. As a think tank and exchange platform for China’s electric vehicle industry, China EV100 has been committed to conducting research and cross-industry exchanges on the entire value chain and recycling of the battery industry for the past six years. We are willing to work with GBA to help the energy transition and decarbonization of the transportation industry along with the sustainable development of the electric vehicle and battery value chain.” Liu Xiaoshi, Executive Deputy Secretary-General, China EV100

“When combined with zero-carbon electricity from sources like wind and solar, batteries can cleanly power our vehicles, homes and businesses, reducing climate pollution and advancing sustainable development. As an organization dedicated to ending the climate crisis, the ClimateWorks Foundation supports the work of the GBA and applauds its efforts to improve battery supply chain sustainability in the mining and extraction industries and ensure greater transparency and traceability.” Charlotte Pera, President and Chief Executive Officer, ClimateWorks Foundation

“We support these principles as they are fully aligned with our strategy and with commitments we have already made to the environment, society, human and labour rights. The collaboration of the whole value chain to sustainably supply battery storage systems is key to accelerate the energy transition. As the world’s leading private operator of renewables and networks, we have implemented tangible actions to foster a circular and sustainable value chain that is respectful of human rights.” Francesco Starace, Chief Executive Officer, ENEL

“As we convene for the 50th anniversary Davos meeting, the launch of the 10 key principles will help bring the Alliance one step closer to unlocking the potential of batteries to power sustainable development. We are aiming to ensure that the vast benefits to the global economy never come at the cost of the most vulnerable communities. A key focus for ERG is working with all Alliance members to eradicate child labour within the battery value chain.” Benedikt Sobotka, Chief Executive Officer of Eurasian Resources Group and Co-chair of the Global Battery Alliance

“At Everledger, we believe technology is one of the greatest platforms for change towards a low carbon economy. We not only support the principles of the GBA, but also enable the global battery value chain to achieve ever increasing levels of transparency for sustainability efforts.” Leanne Kemp, Chief Executive Officer, Everledger

“It is time we as an industry make a joint effort in cleaning up our battery supply chains. We welcome the GBA principles as an important step towards this.” Monique Lempers, Director Impact Innovation, Fairphone

“As non-corporate members of the Global Battery Alliance, we endorse the GBA principles for the development of an economically, socially and environmentally sustainable battery value chain. Aligning our diverse global collaboration platform around the principles – placing the Sustainable Development Goals and the critical connectivity of human rights and development at the heart of the value chain – is an important step forward for the GBA. We are committed to monitoring and implementing joint programmes to deliver concrete progress against the principles, and developing clear and transparent measuring tools, as we continue to support this critical effort.” Joint statement from Cristina Duranti, Director, Good Shepherd International Foundation; Joanne Lebert, Executive Director, IMPACT; Gary A. Haugen, Chief Executive Officer, International Justice Mission; Karen Hayes, Vice-President, Mines to Markets, Pact; Charlotte Petri Gornitzka, Assistant Secretary-General and UNICEF Deputy Executive Director, Partnerships, United Nations Children’s Fund (UNICEF)

“We fully endorse the Global Battery Alliance’s bid to develop a responsible and sustainable battery value chain. The world is going to need many more batteries using different chemistries and technologies as demand for energy storage continues to grow and we are encouraged that the 10 guiding principles make reference to lead-based batteries that will continue to play a significant role in achieving the UN sustainability goal to provide access to clean and affordable energy for all. The GBA’s aim to foster the creation of a sustainable battery value chain by 2030 is fully aligned with lead battery industry’s material stewardship initiative and our own guiding principles.” Andy Bush, Managing Director, International Lead Association

“Johnson Matthey is very pleased to support the 10 principles of the GBA, which underpin our company’s vision to build a cleaner, healthier world. This a key milestone for the battery community as we align to deliver common objectives that will power a sustainable energy transition in a way that safeguards and benefits the whole supply chain and the planet. JM is fully committed to working together with the GBA on these critically important efforts.” Robert MacLeod, Chief Executive Officer, Johnson Matthey

“Electric vehicles and the batteries that power them are central to the fight against climate change. LeasePlan therefore fully supports the work of the Global Battery Alliance to ensure we have safe, clean and ethically produced batteries. Collectively, we are determined to build a 100% sustainable battery value chain and ensure the industry maintains its social licence to operate.” Tex Gunning, Chief Executive Officer, LeasePlan

“We welcome the adoption of GBA principles that explicitly refer to the need for human rights standards in the battery supply chain. To effectively address child labour and other human rights issues, formalization of artisanal and small-scale mining (ASM) sites is key. The GBA is ideally positioned to pool knowledge and resources to develop ASM formalization standards that can be implemented in the DRC.” Michael Posner, Director of the NYU Stern Center for Business and Human Rights and Dorothée Baumann-Pauly, Director of the Geneva Center for Business and Human Rights

“At OPTEL, we are proud to use our traceability expertise to contribute to the achievement of the GBA principles towards a sustainable battery value chain. This project fits perfectly with our mission of using innovative technologies to create a more sustainable world and we recognize all the organizations jointly involved in this effort.” Louis Roy, President, OPTEL GROUP

“The Global Battery Alliance is moving the needle with respect to batteries. Health problems from battery recycling (especially lead-acid batteries) are ridiculously enormous. We need to avoid a similar problem with lithium batteries, as their boom continues. GBA is the group that can make this happen.” Richard Fuller, President, Pure Earth

“Batteries are becoming a significantly more important part of our energy infrastructure, economy and national security. A key part of sustaining our growing, battery-reliant energy infrastructure is to conserve human and natural resources. We at the Responsible Battery Coalition are proud to join with our fellow members of the Global Battery Alliance in supporting these principles and working together in creating a sustainable, humane and circular battery value chain.” Steve Christensen, Executive Director, Responsible Battery Coalition

“SK Innovation fully supports the 10 guiding principles and the GBA’s ambition to build sustainable global battery value chain by 2030. This vision and timeframe dovetails with SK Innovation’s ‘Green Balance 2030’ initiative, which will accelerate our transition to a low carbon economy. Moreover, we believe accurate measurement is the very first step in building momentum and credibility for a sustainable value chain. SK group-wide socio-environmental impact assessments demonstrate that our growing battery business is leading the way with our decarbonization efforts.” Jun Kim, President and Chief Executive Officer, SK Innovation

“In the last 25 years SQM has been operating and optimizing its sustainable production process for lithium. SQM takes its responsibility seriously in protecting the environment and ensuring the well-being of its neighbouring communities. As a key element to achieve the goals of the Paris Agreement, today we are taking another step, making a public and transparent commitment to the principles of the Global Battery Alliance of the World Economic Forum to ensure sustainable supply of lithium. SQM is proud to endorse the GBA principles of the World Economic Forum. As a leading lithium producer, we believe this is major step towards realizing a sustainable battery supply chain.” Ricardo Ramos, Chief Executive Officer, SQM

“We must diligently work together and support governments like that of the DRC in their efforts to address shortcomings in the Lithium-ion value chain. These challenges cannot be wished away. The adoption of the Global Battery Alliance principles provides a welcome foundation in pursuit of the responsible sourcing of materials such as cobalt, which are essential for the transition to low carbon economies.” Jeremy Weir, Executive Chairman and Chief Executive Officer, Trafigura

“Rechargeable Batteries are the best technology to achieve zero emissions mobility and underpin climate neutral economy of the future. The Global Battery Alliance should accelerate the transition to sustainably sourced and produced batteries by enabling full traceability along the supply chain and implementing the Battery Passport. GBA’s members include the world’s largest mining and smelting companies so it is in their power to guarantee responsible, safe and inclusive extraction of battery metals in developing countries.” Julia Poliscanova, Director, Transport & Environment’s Clean Vehicles and E-Mobility Director

“I am very pleased that after over two years of intense work among many key stakeholders of the battery value chain we have reached consensus on 10 challenging principles. In particular, the principles call for ‘immediately and urgently eliminating child and forced labour’ from the batteries. Indeed, we cannot accept that the pursuit of climate neutrality should in any way involve child labour. Therefore (along with the immediate elimination of child labour) I am prepared to pledge significant funds to support the work of a consortium of NGOs in order to ensure that children are out of the mines and I invite other members of the Global Battery Alliance to join me for the creation of this fund.” Marc Grynberg, Chief Executive Officer, Umicore

“At Volkswagen, our sustainability and social responsibility requirements go well beyond production and cover the entire value chain. We do not tolerate any infringements of environmental and social standards – this applies to the entire supply chain. That’s why we support the GBA and are committed to the 10 principles that were agreed today as a building block to safeguard human rights and economic development consistent with the UN Sustainable Development Goals.” Ralf Pfitzner, Head of Sustainability, Volkswagen Group

Sustainable batteries are a must for our society to thrive within planet boundaries. WBCSD welcomes the 10 principles for a sustainable value chain that protects human rights and accelerate the transition to carbon neutrality, and will continue to support the Global Battery Alliance members in their action towards the vision for a sustainable battery value chain by 2030”, Maria Mendiluce, World Business Council for Sustainable Development (WBCSD)

July 24, 2024 | by Dianna Delling
If every one of the world’s approximately 8 billion people were to complete 60 calculations per minute — arithmetic problems, for example — and continue nonstop, it would take them four years to accomplish what Frontier can do in just one second. Operating since May 2022 at the U.S. Department of Energy’s Oak Ridge National Laboratory in Oak Ridge, Tennessee, the world’s fastest supercomputer can perform more than a quintillion (10 to the 18th power) calculations per second, making it the world’s first exascale machine. It’s billions upon billions of times quicker than the human mind, giving it the power to synthesize and analyze incredibly large quantities of data.

All this makes Frontier an invaluable tool for scientists investigating the most complex questions of our time. And it has been a game changer for GE Aerospace engineers racing to develop the revolutionary Open Fan engine architecture that promises to redefine the future of air travel.

“It has been an exciting experience running these simulations on the world’s fastest supercomputer. This offers a unique view of the detailed turbulence physics of Open Fan as we enable more sustainable aviation for the future,” said Stephan Priebe, a senior engineer specializing in aerodynamics and computational fluid dynamics at the GE Aerospace Research Center in Niskayuna, New York.

Since 2023, when GE Aerospace became the first industrial user granted access to Frontier, they’ve been using it to model engine performance and noise levels. In the process, they’re gaining insights that extend beyond the project at hand.

“Frontier is allowing us to go beyond standard engineering analysis and to do things that were impossible before this machine,” says Trevor Wood, senior principal engineer at the GE Aerospace Research Center. An expert in aerodynamics and aeroacoustics, Wood lends his technical chops to the team designing, running, and analyzing computer simulations on Frontier.

The super-capable computer allows Wood and his colleagues to simulate the full-scale Open Fan engine at actual flight conditions whereas smaller computers can handle only a reduced, scaled-down version. Frontier’s capabilities also allow GE Aerospace engineers to visualize the way air flows around components at a microscopic level. These studies help accurately predict how fan blades will perform in nearly any possible real-life situation, yielding information it would otherwise take scientists years to gather.

“It’s providing us with insights even before we build components and test them on a test stand,” says Eric Falk, executive leader of aerodynamics technology and design at GE Aerospace in Evendale, Ohio. “And harder to put your thumb on is all the intellectual discovery we’re doing in the meantime. The answers we’re getting in these simulations are helping us learn things about aerodynamic behaviors from a deep physics perspective. It’s changing the way we design and changing the way we work.”

Seeing Through the Chaos

GE Aerospace’s Frontier-based projects support the CFM RISE (Revolutionary Innovation for Sustainable Engines) program, unveiled by GE Aerospace and Safran Aircraft Engines in 2021. The RISE program aims to develop technologies that will help enable a future aircraft engine to achieve at least 20% lower fuel consumption and 20% fewer CO2 emissions than today’s most efficient commercial engines.

“When it comes to sustainability, the industry has aggressive goals, including an ambition to achieve net zero by 2050,” says Wood. While the team is testing a variety of RISE program components on Frontier, “we’re running [many] simulations on the fan blade because it’s such a huge driver of net efficiency.”

Simulations pave the way for creating blades that optimize aerodynamic efficiency by reducing sources of energy loss. And they help the GE Aerospace team explore one of the most constantly challenging areas of science: the complex, chaotic flow of air known as turbulence.

Large-scale turbulence creates a bumpiness familiar to anyone who’s flown in a plane. But turbulent air currents are also present at the microscopic level, imperceptible to humans but causing friction, drag, and other issues that affect engine performance and efficiency. Unfortunately, the behavior of turbulent air is notoriously difficult to predict.

“You can’t see turbulence, but simulations can help us visualize it, so we can better understand it,” says Wood.

The level of detail Frontier provides is hard to fathom. “We are simulating air flow while moving forward in time in fractions of a second, getting a read on what the flow field looks like at a scale orders of magnitude less than the width of a human hair off the wall [of the fan blade],” explains Sriram Shankaran, consulting engineer for aerodynamic methods at GE Aerospace. “Turbulence is the last unsolved problem in classical physics. We’re not trying to solve it in a universal way; we’re instead finding ways to compute our way to the solutions we need.”

The Future and Frontier

GE Aerospace’s Frontier simulations have already garnered attention from tech industry insiders. HPCwire, the leading authority in high-performance computing news, commended GE Aerospace in 2023, presenting the company with a Reader’s Choice Award for Best Use of High-Performance Computing (HPC) in Industry and an Editor’s Choice Award for Top Supercomputing Achievement.

Meanwhile, the potential for future Frontier collaborations is growing, with GE Aerospace and Oak Ridge National Laboratory announcing a new Cooperative Research and Development Agreement on supercomputing at the 2024 Farnborough International Airshow this week. GE Aerospace engineers and researchers will continue to use Frontier to study Open Fan engine architecture, and future studies are likely to include climate modeling. “We want to work with Oak Ridge to see how to further accelerate carbon neutrality by understanding how contrails evolve,” says Shankaran.

The organizations will also deepen their relationship with a project that examines how simulations are conducted, looking for ways to improve simulation monitoring and data analysis. “We are taking it to the next level, leveraging the deep expertise the Oak Ridge team has developed to make our processes more efficient from a software perspective,” says Umesh Paliath, technology manager for aerodynamics and computational fluid dynamics at GE Aerospace Research. “How can we get the most out of the data once a simulation is done, and while it’s running?”

Paliath oversees the company’s partnership with Oak Ridge, and he leads the team that develops GE Aerospace’s in-house software so it can be used to run simulations on Frontier. Part of his job is keeping up with supercomputing’s evolving capabilities, ensuring that GE Aerospace is always ready to take full advantage of them.

“Advancements in computing architecture are enabling significantly faster and larger simulations of the most challenging problems in science,” says Paliath. “What takes a month to do today will only take a day, and it will happen incredibly soon.”

COLUMBUS, Ohio, Nov. 27, 2017 – American Electric Power (NYSE: AEP) has named Ashley M. Weaver vice president, Operations and Performance Transformation, with responsibility for leading the company’s continuous improvement efforts, effective Jan. 3, 2018. She will replace Barbara D. Radous, senior vice president, who is retiring from the company.

“Ashley has been instrumental in driving process improvements throughout the company in her role as director of Operations and Performance Transformation for the past five years. She brings broad knowledge of AEP’s business operations, extensive experience in process engineering and project management, and a collaborative leadership style that will allow us to build upon our efforts to improve our business,” said David M. Feinberg, executive vice president, general counsel and secretary.

“Barbara has made many outstanding contributions as part of AEP’s management team, including her focus on continuous improvement and identifying sustainable cost saving opportunities to position the company for continued success. We wish Barbara and her family the best in her retirement,” Feinberg said.

Weaver, 38, has served as director of Operations and Performance Transformation since 2012. She joined AEP in 2005 as project administrator in Generation Engineering Projects & Field Services and has held project manager roles in Generation and Transmission. She also served as alternative fuels manager in the Fuels, Emissions and Logistics group where she was responsible for renewable fuel co-firing and led the natural gas refueling evaluation of AEP’s coal-fueled power plants.

Prior to joining AEP, Weaver held various process engineering and project engineering positions at Lucent Technologies and Andrew Corporation. Weaver holds a bachelor’s degree in manufacturing engineering from Miami University in Oxford, Ohio, and a master’s degree in business administration from The Ohio State University in Columbus, Ohio. She currently is chair of the EEI Continuous Improvement group and serves as chair of the board of directors for Girls on the Run of Central Ohio.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s more than 17,000 employees operate and maintain the nation’s largest electricity transmission system and more than 224,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 33,000 megawatts of diverse generating capacity, including 4,200 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners and AEP Renewables, which provide innovative competitive energy solutions nationwide.

ARLINGTON, Va.–(BUSINESS WIRE)–Sep. 3, 2014– The AES Corporation (NYSE: AES) announced today that it has, through one of its subsidiaries, entered into a strategic partnership with the Estrella-Linda Group (“Estrella-Linda”), an investor group based in the Dominican Republic. Under this agreement, Estrella-Linda will acquire an 8% minority interest in AES’ business in the Dominican Republic for $96 million. The transaction is expected to close in the fourth quarter of 2014 and is subject to customary closing conditions.

“This transaction, at a valuation of $1.2 billion for AES Dominicana, highlights the value of our Dominican assets,” said Andrés Gluski, AES President and Chief Executive Officer. “We believe that Estrella-Linda represents a strong local player and will support our planned expansions, such as upgrading our DPP power plant. AES and Estrella-Linda are committed to bringing affordable, sustainable and reliable energy solutions to the Dominican Republic.”

Estrella-Linda is a consortium of two leading Dominican industrial groups: Estrella and Grupo Linda. The two partners manage diverse businesses, including construction services, cement, agribusiness, metalwork, plastics, textiles, paints, transportation, insurance and media.
AES’ Dominican Republic business consists of an LNG import terminal, a 319 MW combined-cycle gas-fired plant (Andres), a 236 MW open cycle gas-fired plant with potential expansion of the capacity to 358 MW in combined-cycle mode (DPP), and 50% ownership of a 295 MW coal-fired plant (Itabo). AES first entered the Dominican Republic in 1997.

About AES
The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 20 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 17,800 people is committed to operational excellence and meeting the world’s changing power needs. Our 2013 revenues were $16 billion and we own and manage $40 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.

SCHENECTADY, N.Y.—The government of Equatorial Guinea has selected MAECI Solar, a division of Management and Economic Consulting, Inc., in collaboration with GE Power & Water (NYSE: GE) and Princeton Power Systems, Inc., to install a 5-megawatt (MW) solar microgrid system on Annobon Province, an island off Equatorial Guinea in west central Africa. The solar microgrid will feature 5-MW solar modules and system integration by MAECI, an energy management system and controls from Princeton Power Systems and energy storage from GE. The island-wide microgrid will provide reliable, predictable power, supply enough electricity to handle 100 percent of the island’s current energy demand and be the largest self-sufficient solar project on the continent of Africa.

“MAECI is fortunate to have witnessed firsthand the development of Equatorial Guinea over the past few years,” said Chris Massaro, senior vice president, MAECI. “We are extremely excited to bring this solar microgrid solution to Annobon Island as well as support President Obiang Nguema’s vision to raise the quality of life for the people and bring economic diversification to Equatorial Guinea. This project brings both. The Annobon Electrification Project will be the platform for economic growth on the island by bringing a much needed power supply that will enable the development of multiple industries, add 700 to 1,000 direct and indirect jobs to Annobon Island and significantly raise the standard of living.”

Annobon Province has a population of approximately 5,000 residents. Today, the residents have reliable electricity for up to five hours per day and spend an average of 15-20 percent of their income on supplemental power. The solar microgrid in development will eliminate this expense entirely and provide reliable electricity 24 hours a day, seven days a week. The project is a part of Equatorial Guinea’s National Economic Development Plan Horizon 2020, which aims to make Equatorial Guinea an “emerging economy” and accelerate its development and democratization by 2020.

“We’re excited to be a part of this historic project for Annobon Province and Equatorial Guinea,” said Jeff Wyatt, general manager of GE’s solar and energy storage business. “GE’s energy storage technology will help enable reliable, predictable power for the residents of Annobon through balancing the real-time supply and demand of solar and withstanding extreme heat environments without the need for air conditioning. This is an ideal technology for microgrids like Annobon Island.”

The Annobon microgrid is enabled by the Princeton Power Systems’ BIGI-250 energy management platform, the world’s first three-port industrial-scale solar energy management system, with UL listing and thousands of operating hours in commercial applications since 2012. Princeton Power Systems has extensive prior experience working with GE’s energy storage team. GE’s batteries, in addition to providing superior high temperature performance and improved safety, offer environmental responsibility with non-toxic and recyclable materials and worldwide support.

“Today, over 1 billion people are without power. We are taking our experience in microgrids from Alcatraz Island, the U.S. Department of Defense and private sector customers to now apply it to improving quality of life for people in rural areas where grid power does not exist or is not reliable,” said Ken McCauley, president and CEO, Princeton Power Systems. “We look forward to future global projects across the world to provide power to these areas to have hospitals, lighting and other basic human needs.”

About Princeton Power Systems

Princeton Power Systems, based in New Jersey and founded in 2001, designs and manufactures state-of-the-art technology solutions for energy management, microgrid operations and electric vehicle charging. The company is a global leader working with customers and partners across North America, Europe, Africa and the Caribbean. It manufactures UL and CE-certified power electronics that are used in advanced battery operations and alternative energy, with built-in smart functions for ancillary services. The company solves power issues to allow continued growth of distributed renewable energy by providing energy storage solutions that are proven to work, even in harsh environments. Princeton Power Systems builds integrated systems and designs, commissions and operates microgrids for leading organizations, including Fortune 500 automakers and industrials and non-profit organizations. The company proudly manufactures its products in the United States. More information about Princeton Power Systems is available at www.princetonpower.com.

About MAECI
MAECI is an international consulting and project implementation firm that has formed very successful project partnerships, both as lead firm and as sub-consultant, with government ministries and departments, universities and colleges, non-governmental organizations and private sector companies more specifically in developing and emerging countries with strong emphasis in Western Central Africa and completed projects totaling in excess of $1 billion.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

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 between the U.S. and Tokyo, Japan-based companies.

“This agreement is an important step for both Air Products and NSPE in gaining entrance to Japan’s hydrogen fueling market. Japan is being progressive in their intent to develop a hydrogen fueling infrastructure and is one of the early markets where automobile manufacturers have announced plans to deploy vehicles. We are pleased to be working with NSPE and greatly value their engineering and operations expertise, as well as their knowledge of the Japan markets. Combined with our leadership and experience in this field, together we can meet this developing market’s needs with proven technology,” said Ed Kiczek, global business director – Hydrogen Energy Systems at Air Products. Kiczek added that Air Products has operated in Japan since 1970, and will work through its established wholly-owned subsidiary, Air Products Japan, on hydrogen fueling opportunities.

“We are convinced that this agreement will be a valuable first step for Japan as it heads toward the realization of hydrogen society, as well as for Air Products and NSPE. The Japanese government has been planning to install 100 hydrogen fueling stations by 2015, and also 1,000 by 2025 in the country, aiming at the dissemination of FCVs. We are greatly pleased that the combination of NSPE’s technologies and experiences accumulated in the natural gas and LNG sector over many years, and Air Products’ unique advanced hydrogen fueling technology will enable us to significantly contribute to the implementation of those targets,” said Takashi Takeuchi, managing director – Marketing and Business Development.

As part of the final agreement to be formalized, Air Products will provide SmartFuel® hydrogen fueling station technology and the fueling protocol license, infrastructure engineering and design, while NSPE will provide engineering, construction, and adapt the technology for the Japanese market. NSPE and Air Products Japan will jointly work with customers in the automotive fueling market.

Air Products’ SmartFuel® hydrogen fueling stations provide hydrogen fueling at 700 bar (10,000 psi) and include Air Products’ patented technology to practice the SAE J2601 fueling protocol. Air Products has available several SmartFuel® fueling station concepts incorporating modular and expandable technology and holds an entire portfolio of global patents, with additional patents pending related to “compressionless hydrogen fueling station” advancements. Details on Air Products’ hydrogen fueling station technologies can be viewed at www.airproducts.com/h2energy.

Air Products, the leading global supplier of hydrogen to refineries to assist in producing cleaner burning transportation fuels, has vast experience in the hydrogen fueling industry. In fact, several sites today for certain hydrogen fueling applications are fueling at rates of over 75,000 refills per year. Use of the company’s fueling technology is increasing and is over 850,000 hydrogen fills per year. The company has been involved in over 160 hydrogen fueling projects in the United States and 20 countries worldwide. Cars, trucks, vans, buses, scooters, forklifts, locomotives, planes, cell towers, material handling equipment, and even submarines have been fueled with trend-setting Air Products’ technologies.

Air Products has more than 50 years of hydrogen experience and an extensive patent portfolio in hydrogen dispensing technology. Air Products provides liquid and gaseous hydrogen and a variety of enabling devices and protocols for fuel dispensing at varied pressures. Hydrogen for these stations can be delivered to a site via truck or pipeline, produced by natural gas reformation, biomass conversion, or by electrolysis, including electrolysis that is solar and wind driven.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. Recognized as one of the world’s most innovative companies by both Thomson Reuters and Forbes magazine, more than 21,000 employees in over 50 countries supply effective solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2013, Air Products had sales of $10.2 billion. For more information, visit www.airproducts.com.

About NIPPON STEEL & SUMIKIN Pipeline & Engineering Co. Ltd. (NSPE)
NSPE, a wholly-owned subsidiary of NIPPON STEEL & SUMIKIN ENGINNERING CO., LTD., which is a segment company of NIPPON STEEL &SUMITOMO METAL CORPORATION (NSSMC), has been engaged in the engineering business for energy related plants such as various types of pipelines, natural gas and LNG. NSSMC Group has an experience in the construction of hydrogen stations for the 2005 World Exposition, Aichi, Japan. NSPE has been involved in the construction of the major natural gas transmission pipelines in Japan for over 50 years, and also, provided plants such as LNG shipping and receiving facilities.

This Press Release is courtesy of www.airproducts.com

BIRMINGHAM, Ala., April 5, 2021 — Bishop State, Lawson State and Jefferson State community colleges recently held graduation ceremonies for the spring lineworker training programs’ 39 successful students.

Alabama Power partners with the Birmingham and Mobile community colleges on workforce development initiatives to prepare students for careers in the skilled trades.

“We are excited to partner with these outstanding colleges and provide opportunities for Alabamians to train for great, safe careers as lineworkers,” said Jeff Peoples, Alabama Power executive vice president of Customer and Employee Services. “Helping ensure our state’s workforce is well-represented and prepared to succeed today and in the economy of the future is an important way we seek to elevate Alabama.”

Through this innovative partnership, students can learn fundamentals of electricity as well as the math and science needed to work on power lines. In addition to classroom instruction, students receive hands-on practice in an outdoor learning laboratory, honing their new skills so they are job-ready upon graduation.

“Alabama Power and other utility partners have been extremely impressed with the quality of hires from these programs,” said Tom McNeal, Alabama Power Workforce Development Program manager. “I encourage utility companies and contractors seeking quality candidates and students interested in applying for the programs to contact the school in their area.”

Potential students who want to apply or learn more about the program should contact:

Bishop State Community College at workforce@bishop.edu.
Lawson State Community College at workforce@lawsonstate.edu.
Jefferson State Community College at workforcedev@jeffersonstate.edu.

Home

SOURCE Alabama Power Company

CONTACT: Media Inquiry Line: 205-257-4155; News Media Contact: Alyson Tucker, alfuqua@southernco.com

The Board of Directors of Alstom received, on June 20, 2014, an update to the offer from General Electric (GE) to acquire the power and grid businesses of Alstom. It also received on June 20, 2014, a revised proposal from Siemens and Mitsubishi Heavy Industries.

The ad hoc committee of independent directors appointed by the Board on April 29, 2014 and led by Jean-Martin Folz, thoroughly reviewed, on multiple occasions, the proposed transactions. Based on the works of the committee and financial and legal advisors, the Board of Directors has unanimously decided to issue a positive recommendation of the offer from GE.

The Directors of Alstom expressed their satisfaction that the productive exchanges established with the French State had resulted in a business proposal that not only addresses the interests of Alstom and of its stakeholders, but also provides assurances in connection with concerns expressed by the French State.

GENERAL ELECTRIC OFFER
GE would acquire, as previously announced, the Thermal Power, Renewable Power and Grid Sectors, as well as corporate and shared services (the Energy Transaction) for a fixed and unchanged price representing an Equity Value of €12.35bn and an Enterprise Value of €11.4bn.

Under the terms of the updated offer, following completion of the Energy Transaction, Alstom and GE would establish joint ventures in Grid and Renewable Power.

In Grid, each company would hold a 50% stake in a global business combining Alstom Grid and GE Digital Energy. In Renewables, each company would hold a 50% stake in Alstom’s Off-shore Wind and Hydro businesses.

In addition, Alstom and GE would create a 50/50 Global Nuclear and French Steam alliance, which would include the production and servicing of the “Arabelle” steam turbine equipment for nuclear power plants, as well as Alstom’s steam turbine equipment and servicing for applications in France. In addition, the French State would hold a preferred share giving it veto and other governance rights over issues relating to security and nuclear plant technology in France.

The investment by Alstom in these Energy related alliances represents ca. €2.5bn, assuming these companies are debt-free, cash-free. The terms of these alliances include usual shareholders agreements with standard governance and liquidity rights.

Finally, GE proposes the creation of a global alliance in which GE would sell Alstom 100% of its signaling business, with sales of ca. US$500m in 2013 and 1,200 employees, and the companies would sign multiple collaboration agreements including a service agreement for GE locomotives outside of the United States, R&D, sourcing and manufacturing and commercial support in the United States.

The ad hoc committee of independent directors reviewed the transaction proposed by GE with the assistance of its financial and legal advisors. The financial expert appointed to advise the Board has concluded that the financial consideration offered by GE to Alstom is fair from a financial point of view. The legal advisor appointed to advise the Board has concluded that GE’s offer appears, from a legal point of view, favorable to the company, particularly in light of the fact that it provides for a fixed and final purchase price, does not require representations and warranties and, with the updates proposed by GE, addresses adequately the French State’s concerns. The Board, acknowledging unanimously the strategic and industrial merits of this offer, has decided to issue a positive recommendation of this offer, authorizing Mr. Patrick Kron, in his capacity of Chief Executive Officer of Alstom, to engage in the next step of the process, with the information and consultation of the competent works councils within the Alstom group.

SIEMENS AND MITSUBISHI HEAVY INDUSTRIES PROPOSAL
Further, the Board of Directors, with the assistance of the ad hoc committee and its legal and financial advisors, reviewed the proposal received from Siemens and Mitsubishi Heavy Industries, as presented to the ad hoc committee on June 16, 2014, and its improved proposal received on June 20, 2014.

Under the terms of the improved proposal, Siemens would acquire Alstom’s gas business for an equity consideration of €4.3bn, a €400m improvement versus the initial proposal. MHI would buy a 40 percent equity stake in the combined steam, grid and hydro business of Alstom through one single holding company, for a consideration of €3.9bn. In addition, Siemens would offer to enter into an up to 50/50 Joint Venture with Alstom in Signaling and Mobility Infrastructure.

After review, the Board has unanimously determined that this proposal does not adequately address the interests of Alstom and of its stakeholders.

NEXT STEPS
Completion of the GE transaction will be subject to works council consultation and merger control and other regulatory clearances, including French Foreign Investment authorisation. In accordance with the AFEP-Medef code, the final approval of the transaction will be submitted to the shareholders.

Should this offer be approved and completed, Alstom would refocus on its fully owned Transport activities and on its Energy alliances with GE. Alstom would use the proceeds of this transaction to strengthen its Transport business, to invest in its Energy alliances, to pay down its debt and return cash to its shareholders.

Patrick Kron, Chairman and CEO of Alstom, commented: “The combination of the very complementary Energy businesses of Alstom and GE would create a stronger entity, best placed to serve customers globally and invest in people and technology over the long run. Alstom would be associated to this ambitious combination through the Energy alliances. Alstom Transport, a solid leader with a large portfolio of technologies and a worldwide presence in a dynamic market, would be further strengthened through the acquisition of GE’s signaling business as well as a far-reaching rail alliance with GE.”

This news is courtesy of www.alstorm.com

Megalim Solar Power Ltd (Megalim) – a special purpose company formed by Alstom (25.05%), BrightSource (25.05%), and NOY Infrastructure & Energy Investment Fund (49,9%) – obtained the financing of the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel. This key milestone follows the signature of a Power Purchase Agreement between Megalim and the State of Israel in November 2013. It will allow to start the construction works of Ashalim – which will employ about 1,000 people during this phase – and is scheduled to be completed in early 2017. Alstom’s share in the contract is worth approximately 450 million euros[1].

For this project, Alstom will be responsible for the engineering, the procurement and the construction (EPC) of the solar power station and will also provide full operations and maintenance (O&M) activities for a period of 25 years. BrightSource will bring heliostats and optical concentrating devices for Ashalim. The project will thus combine Alstom’s experience in the field of turnkey power plants and key power equipment, such as steam turbines and solar receiver steam generators, with BrightSource’s advanced solar field technology.

“The project is a further step in our partnership with BrightSource and our first success together in the solar thermal power market. It paves the way to provide cost-efficient and reliable carbon-free power to our customers ” said Jérôme Pécresse, Alstom Renewable Power President. “This project reinforces solar thermal power’s position in Alstom’s strategy, as the desert and the sun can support sustainable growth ”.

“The use of BrightSource’s proprietary technology at Ashalim reflects the growing interest in international markets for power that is clean, cost competitive and reliable, and the continual evolution of BrightSource technology strategy ”, explained David Ramm, BrightSource Chairman and CEO. “As a global supplier of solar tower technology solutions, BrightSource is positioned to tap into growing renewable energy demand from governments and utilities around the world. This is the first in what we expect will be a number of strategic partnerships with Alstom to leverage the expertise of both firms ”.

Ashalim will make use of BrightSource’s concentrating solar power (CSP) tower technology similar to that used at the Ivanpah project in Southern California. More than 50,000 computer-controlled heliostats or mirrors will track the sun in two axes and reflect sunlight to a boiler on a 240-meter tower. When the concentrated sunlight strikes the boiler, it heats water in the boiler to create superheated steam. This high-temperature steam is then piped from the boiler to a steam turbine-generator to produce electricity.

Located on a 3.15 square km (1.22 square miles) in the Negev desert, the Ashalim 121 MW solar plant will generate enough power to meet the electricity needs of more than 120,000 homes.

“It is an honor to take part in the Megalim project and further support the development of the South of Israel region as well as the growth of the renewable energy sector here”, explained Ran Shelach and Gil-ad Boshwitz, NOY Fund’s managing partners. “This investment has a strategic importance within the Fund’s Energy portfolio which thinks highly of its partners’ capabilities and considers them potential strategic partners for future investments in Israel and abroad.”

About BrightSource
BrightSource Energy, Inc. provides the world’s premier solar field technology for concentrating solar power systems to deliver reliable clean energy to utilities and industrial companies. For more information on BrightSource Energy please visit www.BrightSourceEnergy.com.

About Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked €21.5 billion in orders in 2013/14.

About Noy Infrastructure and Energy Fund
NOY Fund was established in 2011 and is engaged in investment in companies and projects in Israel and abroad in the fields of infrastructure and energy. Noy Fund focuses on generating sustainable cash flow and long term capital gains from investments in infrastructure and energy projects in Israel and abroad. The Fund’s existing portfolio includes motorways, renewable energy, transportation and other large scale BOT projects. The fund’s capital investors include the majority of Israel’s leading financial institutions.

Manila – Asian countries are making a vital contribution to achieving global sustainable energy goals, a new World Bank report finds. But while the region performs strongly on ensuring electricity access for people and using more modern renewable energy, there is room for further improvement on energy efficiency and access to clean, smoke-free cooking.

The report is the second in a series that tracks the world’s progress toward the three goals of the Sustainable Energy for All (SE4All) initiative—universal energy access, doubling the global rate of improvement in energy efficiency and doubling the share of renewable energy by 2030.

While the first edition from 2013 measured progress between 1990 and 2010, this edition focuses on the 2010-2012 period.

Asia accounted for about 60 percent of the global progress on energy access and clean energy objectives during 2010-2012—according to the report titled “Progress Toward Sustainable Energy: Global Tracking Framework 2015”—contributing well beyond its share of global population and energy consumption.

Asia’s performance on expanding modern renewable energy (from sources like solar, wind and geothermal) was particularly strong. Whereas globally, consumption of modern renewable energy grew by 4 percent per annum during 2010-2012, in Asia that growth was almost twice as fast at close to 8 percent.

Asia also moved rapidly to expand access to electricity for its citizens growing the population with electricity by 0.9 percent annually over the tracking period 2010-2012, well ahead of the global rate of 0.6 percent.

And while the global population with access to clean, modern cooking fuels actually fell during 2010-2012, Asia showed a modest improvement in access, but still far short of what is needed.

However, Asia’s progress on reducing the energy intensity of its economies with a compound annual growth rate of 1.3 percent annually—a commonly used measure of energy efficiency—lagged behind the global average of 1.7 percent.

Some of Asia’s larger economies are critical to the global effort to reach Sustainable Energy for All. The report highlights some strong performances during the 2010-2012 tracking period including:

India, Philippines and Bangladesh were the strongest performers on electricity access and added around 4 percentage points to electricity access rates.
Vietnam and Indonesia were particularly strong on access to clean, modern cooking fuels, and added around 3-4 percentage points to their access rates.
Japan and Indonesia stood out in reducing their energy intensity (commonly used as an indicator of energy efficiency) by a compound annual growth rate of around 5 percent.
Australia and China increased their renewable energy shares by about 1 percentage point each.
On a global basis, the report found that 222 million people worldwide got access to electricity between 2010 and 2012, still leaving 1.1 billion people without access to energy. Meanwhile, 2.9 billion people are still using biomass fuels like wood and dung. Most of this population is in rural areas of Sub-Saharan Africa, South Asia, and eastern Asia.

Also, while the world avoided using as much energy in 2012 as Japan used the same year, the report says energy intensity must decline at least 50 percent faster to achieve the SE4All energy efficiency goal.

Global consumption of modern renewable energy accelerated by 4 percent per year between 2010 and 2012, but must be closer to 8 percent—two times the current rate—to reach the SE4All renewable energy goal.

“We are heading in the right direction to end energy poverty,” said Anita Marangoly George, Senior Director of the World Bank’s Energy and Extractives Global Practice, “but we are still far from the finish line. We will need to work a lot harder especially to mobilize much larger investments in renewable energy and energy efficiency. Leveraging public finance to mobilize private capital is imperative in achieving these goals.”

The Sustainable Energy for All Global Tracking Framework is produced jointly by the World Bank’s Energy and Extractives Global Practice, the World Bank’s Energy Sector Management Assistance Program (ESMAP), and the International Energy Agency, and is supported by 20 other partner organizations and agencies.

DALLAS, Feb. 4, 2015 – AT&T* and GE are working together to create the next generation of smart energy solutions for the Industrial Internet of Things, helping to improve the way the energy industry works. The companies are jointly working on proof of concepts at the AT&T IoT Foundry in Plano, Texas.

“Our innovations are resulting in a host of new applications, from smart grid solutions to machine-to-machine communications,” said John Lavelle, vice president, GE Digital Energy. “By aligning GE’s leadership in secure wireless technology and utility software solutions with AT&T’s extensive connectivity, we’re propelling our shared vision for a more cohesive energy network. In short, we are connecting brilliant machines to the Industrial internet.”

Merging Technology and Hardware

Building on the companies’ global alliance agreement announced in 2013, many of GE’s machines and assets, such as locomotives, fleet, aircraft engines and, most recently, smart grid infrastructure, are connected through the AT&T global network. Now, combining advanced solutions from GE with the AT&T Internet of Things (IoT) infrastructure, utilities can seamlessly connect grid assets with critical software applications such as GE’s Grid IQTM Connect or GE’s Predix TM analytics engine. Together, AT&T and GE are simplifying asset connectivity for the grid.

“With its product and wireless technology leadership, GE is an ideal partner and, together, we’re creating a more energy-efficient planet,” said Chris Penrose, senior vice president, Internet of Things, AT&T Mobility. “This is a major step forward in connecting machines with wireless technology. With nearly 20 million devices connected to our network, we help provide dependable solutions that make energy management easier. By combining our technologies, we can improve reliability, drive energy efficiency, and reduce costs and emissions, while making customer service and response times better.”

GE and AT&T are putting ideas into action, testing several new technologies, including:

An advanced meter solution that merges GE’s innovative smart meters and wireless solutions, including jointly developed communications hardware, with AT&T’s secure cellular technology. The solution is being piloted with two North American renewable energy customers.
Intelligent lighting solutions that combine GE Lighting control systems and advance GE Wireless solutions. This combined solution will enable cities to remotely monitor and control lighting on public roadways. A web-based interface linked to the lighting controls allows municipalities to instantly identify usage and performance of street lights in specific locations.
GE and AT&T will look to market and sell these solutions to customers in 2015. Smart grid solutions will use GE’s Grid IQ SaaS platform to deliver system intelligence, GE Wireless solutions for asset connectivity, and the AT&T network for secure and seamless data transport – each working in tandem to enable easy integration of advanced applications.

“We are continuing to innovate, find new ways to work together and bring opportunities to the marketplace,” Penrose said. “We see our pilot projects as just a precursor for what’s to come.”

For more information on AT&T M2M solutions, visit: https://www.att.com/m2m.

For more information on GE Digital Energy solutions, visit: http://www.gedigitalenergy.com/.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) helps millions of people and businesses around the globe stay connected through leading wireless, high-speed Internet, voice and cloud-based services. We’re helping people mobilize their worlds with state-of-the-art communications, entertainment services and amazing innovations like connected cars and devices for homes, offices and points in between. Our U.S. wireless network offers customers the nation’s strongest LTE signal and the nation’s most reliable 4G LTE network. We offer the best global wireless coverage. We’re improving how our customers stay entertained and informed with AT&T U-verse® TV and High Speed Internet services. And businesses worldwide are serving their customers better with AT&T’s mobility and highly secure cloud solutions.

Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2015 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

Reliability and signal strength claims based on nationwide carriers’ LTE. Signal strength claim based ONLY on avg. LTE signal strength. LTE not available everywhere. Global coverage claim based on offering voice and data roaming in more countries than any other U.S. based carrier, and offering the most wireless smartphones and tablets that work in the most countries.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

GE’s Digital Energy business is a global leader in transmission and distribution solutions that manage and move power from the power plant to the consumer. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to delivering analytic tools to help manage the power grid, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit www.gedigitalenergy.com.

– See more at: http://about.att.com/story/att_and_ge_alliance_leads_to_smart_energy_solutions.html#sthash.qrCEV8mP.dpuf

SEATTLE– (NASDAQ:AMZN) — Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN), today announced that it has contracted with EDP Renewables to construct and operate a 100 megawatt (MW) wind farm in Paulding County, Ohio, called the Amazon Wind Farm US Central. This new wind farm is expected to start generating approximately 320,000 megawatt hours (MWh) of wind energy annually starting in May 2017, or enough to power more than 29,000 US homes[1] in a year. The energy generated will be delivered into the electrical grid that supplies both current and future AWS Cloud data centers. For more information go to http://aws.amazon.com/about-aws/sustainable-energy/.

In November 2014, AWS shared its long-term commitment to achieve 100 percent renewable energy usage for the global AWS infrastructure footprint. In April 2015, AWS announced that approximately 25 percent of the power consumed by its global infrastructure was from renewable energy sources with a goal of increasing that percentage to at least 40 percent by the end of 2016. As part of its renewable energy push, AWS continues to work on ways to increase the energy efficiency of its facilities and equipment, and to launch projects aimed at increasing the availability of renewable energy resources on the electrical grid that supplies power to current and future AWS Cloud data centers in Virginia and Ohio.

Specifically, in January 2015, Amazon announced a renewable project with the Amazon Wind Farm (Fowler Ridge) in Benton County, Indiana, which is expected to generate 500,000 MWh of wind power annually. In April 2015, Amazon announced a pilot of Tesla’s energy storage batteries that are designed to help bridge the gap between intermittent production, from sources like wind, and the datacenter’s constant power demand. Also in April 2015, AWS joined the American Council on Renewable Energy (ACORE) and the U.S. Partnership for Renewable Energy Finance (US PREF) to work with state and federal policymakers and other stakeholders to enable more renewable energy opportunities for cloud providers. In June 2015, the company announced Amazon Solar Farm US East in Virginia, which is expected to generate 170,000 MWh of solar power annually. In July 2015, AWS announced Amazon Wind Farm US East in North Carolina, which is expected to generate more than 670,000 MWh of energy annually.

Now with Amazon Wind Farm US Central announced today, Amazon’s renewable projects will be responsible for delivering more than 1.6 million MWh of additional renewable energy into electric grids across the central and eastern US, or roughly the equivalent amount of energy required to power 150,000 US homes. [1]

“We continue to pursue projects that help to develop more renewable energy sources to the grids that power AWS datacenters and bring us closer to achieving our long term goal of powering our global infrastructure with 100 percent renewable energy,” said Jerry Hunter, Vice President of Infrastructure at Amazon Web Services. “Our previously announced renewable energy projects put AWS on track to surpass our goal of 40 percent renewable energy globally by the end of 2016. This latest project, Amazon Wind Farm US Central, pushes our renewable energy percentage ever higher.”

“Ohio continues to benefit from the strong relationship that JobsOhio and its business development partners have fostered with Amazon,” said John Minor, President and Chief Investment Officer of JobsOhio. “Building upon news from earlier this year that AWS would develop cloud data centers in Ohio, we are excited that AWS is making another significant investment here and look forward to partnering with Amazon as it continues to grow in our state.”

EDP Renewables is a global leader in the renewable energy sector and the fourth largest producer of wind power in the world. The company operates in 12 markets around the world (Belgium, Brazil, Canada, Spain, United States, France, Italy, Poland, Portugal, United Kingdom, Romania and Mexico). For more information please visit www.edpr.com.

“We are very excited to be working with AWS on this important project in Ohio,” said João Manso Neto, CEO of EDP Renewables. “The fact that businesses such as AWS are playing such an active part in renewable energy projects is a very clear indicator that the future lies in additional generation of this type of energy. The support for this project shows the industry’s confidence in our delivery capacity, experience, and know-how.”

About Amazon Web Services
Launched in 2006, Amazon Web Services offers a robust, fully featured technology infrastructure platform in the cloud comprised of a broad set of compute, storage, database, analytics, application, and deployment services from datacenter locations in the U.S., Australia, Brazil, China, Germany, Ireland, Japan, and Singapore. More than a million customers, including fast-growing startups, large enterprises, and government agencies across 190 countries, rely on AWS services to innovate quickly, lower IT costs and scale applications globally. To learn more about AWS, visit http://aws.amazon.com.

About Amazon
Amazon.com opened on the World Wide Web in July 1995. The company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

MANAMA, Bahrain, — Bahrain’s Electricity and Water Authority (EWA) launched its tendering process to appoint a qualified contractor to remediate a two square kilometre landfill site to prepare the plot for the development and implementation of a solar project with a minimum capacity of 100 MW. The landfill site is located at Askar, in the Southern Governorate of Bahrain.

The scope of the project will involve the design and construction of a landfill gas extraction and treatment system to meet the requirements of environmental standards as per the Supreme Council of Environment requirements. The project will also include land remediation, the development of gas and leachate management systems, and a drainage system to ensure the site readiness for the construction and operation of the solar project.

The tender scope also includes the site investigations to meet the required performance specification and environmental monitoring of the landfill site (leachate, groundwater contamination, air emissions, landfill gas treatment etc.) at agreed intervals until 12 months following the completion of the site remediation.

Commenting on the launch of the tender H.E. Kamal bin Ahmed Mohammed, EWA’s President said, “Bahrain is fully committed to the objectives of the COP26 and ultimately actionable goals and investments towards climate change. Converting this landfill site to a solar farm capable of producing 100 MW is one of many steps the country hopes to execute to realise the objective of bringing carbon emissions in Bahrain to net zero by 2060”.

The tender document sets out clear requirements of environmental standards to ensure that the project adheres to best practice international guidelines, ensuring the safety of the site and longevity of the project. Under a separate tender and in parallel to this project, EWA will be issuing a “Request for Proposal (RFP)” for developing a 100 MW solar plant located on the remediated landfill.

With Bahrain’s Economic Recovery Plan, the Kingdom plans to target investments worth US$30 billion in strategic projects, creating new investment opportunities in infrastructure and priority sectors across the Kingdom, including renewable energy sectors such as blue and green hydrogen.

Bidders can obtain tendering documents and submit proposals through the Bahrain Tender Board website via https://www.tenderboard.gov.bh/TenderDetails/?id=756/2022/BTB%20(4604/2022/3100).

SOURCE Bahrain’s Electricity and Water Authority

CONTACT: For more information, please contact: Ebrahim Al Kaabi, Deputy President, Electricity and Water Authority, Phone : +973 36052237, E-mail : ebrahim.alkaabi@ewa.bh

Bosch and Siemens agreed yesterday that Robert Bosch GmbH would acquire Siemens’ 50 percent stake in the joint venture BSH Bosch und Siemens Hausgeräte GmbH (BSH). The transaction has been approved by the Board of Management and Supervisory Board of Bosch and the Managing Board and Supervisory Board of Siemens. The purchase price will total €3 billion. In addition, Siemens and Bosch will each receive from BSH an additional distribution of €250 million before the transaction is completed.

The transaction, which still requires regulatory approval, will probably be completed in the first half of calendar year 2015. BSH will then become a wholly owned subsidiary of the Bosch Group. Under the terms of the agreement, BSH will also be allowed to produce and market household appliances under the Siemens brand over the long term.

“BSH has been a successful and profitable company for many years. Strategically and technologically, it is a perfect match for the Bosch Group,” said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH. Like the Bosch Group, BSH pursues a long-term, innovation-oriented strategy, is internationally positioned, and committed to good corporate citizenship.

“The sale of our BSH stake is part of our drive to continue focusing very intensively on our core business. In a constantly strong partnership over the last few decades, Bosch and Siemens have made BSH a successful leader in the area of household appliances. By uniting continuity with new perspectives, I’m convinced that Bosch’s complete acquisition of BSH will offer BSH’s customers, distribution partners and employees a very solid and sustainable structure,” said Siemens CFO Ralf P. Thomas. “The negotiations with Bosch were always constructive and based on a spirit of mutual trust,” he added.

In 1967, Bosch and Siemens combined their activities in the area of household appliances to create the joint venture BSH. Since then, BSH has become Europe’s largest producer of household appliances and a world-leader in its field, with revenue of about €10.5 billion in 2013 and around 50,000 employees worldwide. The BHS product portfolio comprises a wide range of household appliances – including everything from stoves, ovens and extractor hoods to dishwashers, washing machines, clothes dryers and combined refrigerator-freezers to small household devices such as vacuum cleaners, coffee machines, water kettles, clothes irons and hairdryers.

“BSH fits in very well with our guiding strategic principle: Technology for Life,” explained Denner. With its products and services, the household appliance producer wants to leverage intelligent technologies, high levels of comfort and user-friendliness in order to make the lives of people around the world easier and more enjoyable, while conserving natural resources with the help of highly efficient devices.
Technologically, there are also opportunities for intensified cooperation between Bosch and BSH in the future-oriented field of the Internet of Things and Services. “Employing Smart Home concepts, the use of household appliances can be made even more energy-efficient in the future, while user-friendliness will further increase,” said Uwe Raschke, the member of the Board of Management of Robert Bosch GmbH who is responsible for the Consumer Goods business sector to which BSH currently belongs. As an equally owned joint venture, BHS is not currently consolidated. Instead, its net income is included in profit figures on a pro rata basis.

“With Bosch’s acquisition of all the shares of BSH, we’ll have a strong owner in the future – an owner with a long-term orientation and one who will support us in our further strategic development,” emphasized BSH CEO Dr. Karsten Ottenberg. To achieve its goal of doubling revenue by 2025, BSH will increase investments in research and development as well as in its brands. “After more than 45 years of good partnership with Siemens, Bosch offers – through the acquisition – a long-term perspective for BSH employees,” said Raschke.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is one of the world’s largest providers of environmental technologies. Around 43 percent of its total revenue stems from green products and solutions. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €74.4 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at http://www.siemens.com.

The Bosch Group is a leading global supplier of technology and services. In 2013, its roughly 281,000 associates generated sales of 46.1 billion euros. (NB: Due to a change in accounting policies, the 2013 figures can only be compared to a limited extent with the 2012 figures). Its operations are divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its more than 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2013, the Bosch Group invested some 4.5 billion euros in research and development and applied for some 5,000 patents. This is an average of 20 patents per day. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.” The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. 92 percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH. Additional information is available online at www.bosch.com, www.bosch-press.com and http://twitter.com/BoschPresse

LEUVEN, Belgium — Budweiser, an AB InBev global brand, today unveiled the global launch of The Energy Collective to help provide renewable electricity to bars, music venues and stadiums around the world. This launch follows and contributes to Budweiser parent company AB InBev’s recently announced ambition to achieve net zero across its value chain by 2040.

To date, the producers of Budweiser have converted more than 2,000 local pubs in Brazil and Ireland to renewable electricity. In Brazil, renewable electricity is supplied by Lemon Energy to business owners which has already reduced carbon dioxide emissions by more than 291 tonnes annually. The Energy Collective’s ambition for Brazil is to have 250,000 locations converted to renewable electricity by 2025, estimated to save 36,375 tons of carbon dioxide equivalent (CO2e) per year, which is equivalent to removing 7,991 cars from the road.

In 2015, Budweiser set out to brew every beer with 100% renewable electricity by 2025, taking the first step to a brighter future. Having already reached this goal in many markets, Budweiser is unveiling The Energy Collective to help connect bars, music venues and stadiums around the world to renewable energy sources. Budweiser’s reach and resources, combined with its desire to make a positive impact on the planet, led to the decision to brew all beers with renewable electricity and the subsequent launch of The Energy Collective.

“Consumers crave a better world where the things they love are sustainable. The Energy Collective is helping facilitate the powering of things people love with renewable electricity, while helping close the gap between what consumers want and what companies can do,” said Todd Allen, Vice President Global Marketing at Budweiser. “We’re just getting started. Our bold dream is that every bar, venue and stadium in the world that serves Budweiser would be powered by renewable electricity.”

Budweiser supports AB InBev’s ambition to achieve net zero across its value chain by 2040. As part of this, The Energy Collective will help enable pub owners to reduce emissions by converting to 100% renewable electricity, and help facilitate renewable electricity to those who may not have access at a more affordable rate.

“When Budweiser decided to brew beer with renewable electricity, we knew there was so much more we could be doing in the renewable space as a global brand. Launching The Energy Collective allows us to help businesses around the world, leveraging our scale to enable our customers to obtain more sustainable power at more affordable rates,” said Ezgi Barcenas, Chief Sustainability Officer at AB InBev.

Energy bills are often one of the highest costs for bars. The Energy Collective, in partnership with a local energy provider, could offer cost savings while providing access to renewable energy infrastructure. The Energy Collective will help advance Budweiser’s mission of powering the things consumers love with renewable electricity.

“By being connected to renewable electricity via local providers through The Energy Collective, I’ve already been able to reduce my monthly electricity costs by about 10 percent,” said Will Morgan, General Manager of Jerry Flannery’s in Limerick, Ireland. “It’s also been a conversation starter with many of my customers to discuss the importance of renewable electricity and creating a brighter future for us all.”

The Energy Collective is now facilitating connection to renewable electricity in select countries including Ireland and Brazil and will be piloting the program in Colombia in 2022. Budweiser is exploring opportunities in additional countries including the UK, Chile, Uruguay and more.

About Anheuser-Busch InBev and Budweiser
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). As a company, we dream big to create a future with more cheers. We are always looking to serve up new ways to meet life’s moments, move our industry forward and make a meaningful impact in the world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella Artois®; multi-country brands Beck’s®, Hoegaarden®, Leffe® and Michelob ULTRA®; and local champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo Especial®, Quilmes®, Victoria®, Sedrin®, and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations. From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 169,000 colleagues based in nearly 50 countries worldwide. For 2021, AB InBev’s reported revenue was 54.4 billion USD (excluding JVs and associates).

Budweiser is a medium-bodied, flavorful, crisp American-style lager. Brewed with the best barley mallet and a blend of premium hop varieties, Budweiser is an icon of optimism and celebration which is enjoyed in over 60 countries around the world and is committed to brewing every Budweiser with 100% renewable energy by 2025.

SOURCE Budweiser

CONTACT: Jeannie Houchins, +1 917 3747535, Jeannie.Houchins@ab-inbev.com; Olivia Gust, +1 503 528 6768, BudGlobal@allisonpr.com

PEORIA, Ill. and SUNNYVALE, Calif. – As part of their ongoing commitment to transforming the way contractors view jobsite productivity and the way they manage their businesses, Caterpillar Inc. (NYSE: CAT), the world’s leading supplier of construction equipment, and Trimble (NASDAQ: TRMB), a global leader in technology solutions, today announced new agreements that will bring complete, technology-enabled construction jobsite solutions to the market.

Building on a partnership that spans nearly 20 years, the new agreements enhance both companies’ efforts to better serve global customers from project design through completion, with critical technologies and services focused on fleet management and site productivity across a contractor’s entire equipment fleet, regardless of brand.

“Caterpillar has worked with Trimble since 1996 to optimize site productivity through a revolutionary suite of grade control solutions, differentiated by industry-leading machine integration straight out of our manufacturing plants, mixed fleets’ aftermarket systems and through our world-class distribution network,” said Hans Haefeli, Caterpillar vice president with responsibility for the Advanced Components and Systems Division.

Since 2008, Caterpillar and Trimble have expanded their collaboration to bring both fleet management and site productivity solutions to the customer’s office and jobsite through the VisionLink® suite of applications. With today’s new agreements, the companies are further investing in their combined commitment to develop these products, expand the range of productivity applications and services, and bring a comprehensive unified fleet solution to the contractor. For Caterpillar, the strategic partnership with Trimble provides a site level, unified fleet focus to the Cat® Connect portfolio of products and services. Cat Connect leverages connectivity to more than 250,000 Cat machines globally. These machines can be monitored by customers to improve their fuel consumption, maintenance, productivity and overall fleet availability.

The latest agreements will strengthen Caterpillar’s already world-class distribution capability and enhance collaboration with Trimble’s SITECH® Technology Dealers, the only global distribution network dedicated to providing a comprehensive construction technology portfolio to the heavy and civil contractor.

“The agreements demonstrate both companies’ commitment to providing a brand agnostic information solution to contractors with mixed equipment fleets,” said Bryn Fosburgh, vice president responsible for Trimble’s construction technology divisions. “This unified fleet solution is enabled by VisionLink, which integrates a wide range of site and machine information elements to give customers a holistic view of their site. It’s a powerful tool that unlocks new levels of productivity and improves operation efficiency.”

Both companies look forward to building upon their successful agreements and continuing to deliver proven mixed fleet machine monitoring from the four corners of the jobsite to the four corners of the world for global fleet decisions made in real time.

This Press Release is courtesy of www.caterpillar.com

PEORIA, Ill. – To help customers around the world better understand the health of their equipment and optimize machine availability, Caterpillar Inc. (NYSE: CAT) today announced it has entered into a technology and predictive analytics agreement with Uptake, provider of a dynamic analytics and insight platform for a wide array of industries, based in Chicago, Illinois. Caterpillar has made a minority investment in Uptake and will jointly develop an end-to-end platform for predictive diagnostics to help Caterpillar customers monitor and optimize their fleets more effectively. The new technology will be available for both Cat® products and non-Cat branded products.

“Customers use our current technology for fleet monitoring and to track fuel efficiency, idle times, location and more,” said Doug Oberhelman, Chairman and CEO of Caterpillar. “Our existing solutions are effective, but it’s time we take it to the next level. This relationship will combine Caterpillar’s world-class product engineering and design expertise with Uptake’s software, application and data analytics expertise. As a result, we’ll be able to transform the quintillion bytes of incoming data we see every day into useful information we feed back to our customers for on-the-spot decisions and planning purposes to further reduce owning and operating costs.”

Oberhelman continued, “Through this agreement, we’ll build a platform to bring the next generation of our technology services and products to market sooner, and will act as a springboard for years of development after that. We want to empower our customers with the insight necessary to shift from a reactive “repair after failure” mode to a proactive “repair before failure” stance. The end result will be more efficient operations and increased fleet availability for our customers. And the more our customers’ machines and engines stay running, the more money they make.”

Since 2014, Uptake has been developing locomotive-related predictive diagnostics and fleet optimization solutions for Electro-Motive Diesel (EMD), a subsidiary of Caterpillar. The early successes of the locomotive project led Caterpillar to expand its relationship with Uptake into other industries Caterpillar serves. As Uptake’s exclusive partner in various industries, Caterpillar can leverage its data and operational insights with Uptake’s technology and data science platform to provide unparalleled solutions for customers in each of those industries.

“We are at a unique time in history—analytics are enabling insights that are changing the way entire industries work. Uptake is at the front of this evolution,” said Brad Keywell, Co-Founder and CEO of Uptake. “Our platform takes massive data provided by sensors, combines it with data science to understand signals and patterns and deploys insights in real time that save money, optimize performance and prevent unplanned downtime. Our partnership with Caterpillar has resulted in a cross-industry platform that is informed by the best data and the best operational insights.”

Caterpillar selected Uptake as its partner based on the capabilities the company witnessed following the agreement with EMD. Uptake’s location in Chicago, which is near Caterpillar’s headquarters in Central Illinois and the company’s largest concentration of U.S. engineers and factories, was also a key factor.

“We’re excited about an optimal platform that will not only increase the value of the information our customers and dealers already receive, but also help them maintain a competitive advantage,” Oberhelman added. “What we’re really talking about is graduating to even smarter, more connected products. We’re working on getting ahead of the curve, because with our knowledge and expertise, there is no one better than Caterpillar to provide the platform and tools necessary to help our customers achieve new levels of equipment availability, productivity and profitability.”

In the coming months, Caterpillar will collaborate with Uptake and the Cat dealer network to roll out the latest predictive analytics and insights through web-based and mobile tools for customers.

About Caterpillar:
For 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2014 sales and revenues of $55.184 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Resource Industries, Construction Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

About Uptake:
Uptake, a predictive analytics company, empowers global companies to optimize performance and reduce failure of assets. Leveraging unique partnerships, Uptake integrates cross-industry expertise, data science, and workflow connectivity to build high-value solutions based on massive data sets. The result is a platform that identifies problems before they happen and delivers refined insights to drive unparalleled efficiency and productivity. For more information, visit uptake.com.

PEORIA, Ill. – Building on its 90-year history of providing unmatched product support around the world, Caterpillar Inc. (NYSE: CAT) today announced a reorganization in its dealer and customer support divisions. These changes are designed to improve and speed the delivery of customer support while simplifying the way Caterpillar interacts with its global dealer network.

“These organizational changes will drive needed simplicity to the business, further enabling us to meet customer and dealer needs by becoming more nimble, lean and responsive,” said Rob Charter, Caterpillar group president with responsibility for Customer & Dealer Support. “Our dealers are the best in the industry when it comes to knowing and serving our customers. These changes will help Caterpillar increase accountability at the divisional level and continue to differentiate the Caterpillar business model from our competitors.”

The company is also placing added executive office emphasis on three strategic initiatives – data analytics, digital and innovation capabilities; Lean Transformation; and the Across the Table initiative. Having this additional, executive office focus complements the new structure of Caterpillar’s customer and dealer-facing divisions.

Mining Division Changes
As previously announced, Chris Curfman, vice president with responsibility for Caterpillar’s Mining Sales & Support Division is retiring, effective December 31, 2015. His division will be integrated into the existing Global Mining machine business divisions. Bringing product, operations, sales and marketing organizations together in both the surface and underground mining applications aligns well with our customers and will also enable a more effective cost structure in a challenging mining environment.

The surface mining sales and support teams will join the Hauling & Extraction Division, which will be renamed the Surface Mining & Technology Division, led by Caterpillar Vice President Tom Bluth.

The underground mining sales and support teams will join the Material Handling and Underground Division, led by Caterpillar Vice President Denise Johnson.

Customer and Dealer-Facing Organizational Changes
The company is reorganizing divisions across the company into a new structure that will improve efficiency and reduce complexity. This new organizational structure will enable the company to more quickly deliver on its previously announced Across the Table goals.

“Our team will be more responsive, agile and better positioned to work with our dealers as we serve our customers,” Charter said.
•Distribution Services Divisions – the primary interface with our dealers, these divisions will remain but be reduced to two from three. The two groups will maintain sole responsibility for dealer development and performance, succession and continuity, along with portfolio management, operational excellence and Across the Table strategy execution.•Asia Pacific, CIS, Africa & Middle East Distribution Division, Vice President Raymond Chan – covers dealers in Asia-Pacific, CIS, Africa and the Middle East.
•Americas & Europe Distribution Division, Vice President Phil Kelliher – covers dealers in North and South America and Europe.

•Global Aftermarket Solutions Division, Vice President Nigel Lewis – new organization created to accelerate the growth of aftermarket sales and service solutions. This organization combines the aftermarket sales and marketing resources, with a focus on improving and growing aftermarket sales and service for Resource Industries, Construction Industries and Energy & Transportation, including Cat Work Tools and Cat Reman products.
•Wear Components & Aftermarket Distribution Division, Vice President Doug Hoerr – new division that merges the design and manufacturing of components and aftermarket distribution into one division to enhance the company’s focus on components availability and inventory improvements. This organization will be closely aligned with the Global Aftermarket Solutions Division to ensure product offerings meet or exceed customer and dealer expectations.
•Marketing and Digital Division, Vice President George Taylor – newly created division that builds on the current Analytics & Innovation Division. Taylor, who has also been named Caterpillar’s Chief Marketing Officer, and his team will establish a go-to-market strategy for the integration of data analytics, providing state-of the-art solutions and support for customers and dealers. In addition to the digital transformation of the dealer and customer experience, the division’s functions include global brand management, marketing, rental services and retail sales development.

•Sustainable, Work Tools & Industry Solutions Division, Vice President Greg Folley – new division that brings together the sustainable businesses of Cat Reman and Caterpillar Safety Services with the company’s machine attachment business – Cat Work Tools (design and manufacture). The new division also includes two external sales groups, Cat OEM Solutions and Defense and Federal Products.

Construction Industries Update

In addition to these changes, the Global Construction & Infrastructure Division, led by Vice President Paolo Fellin, has added responsibilities. As part of the company’s move to improve its dealer and customer coverage model, the division will also assume sales responsibilities for work tools, industrial and waste, paving and forestry products, as well as responsibility for heavy rentals.

The above moves will be effective November 1, 2015.

About Caterpillar
For 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2014 sales and revenues of $55.184 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

In a July 10 opinion article headlined, “Congress must move on the Highway Trust Fund,” Caterpillar Chairman and CEO Doug Oberhelman outlined the risks to U.S. competitiveness if Washington’s leaders can’t fix short and long term infrastructure funding issues.

“American companies implement just-in-time inventory and on-demand supply chains. We produce vehicles and machines with greater fuel efficiency and lower carbon emissions. We lead the world in innovation, inventing better products and better processes,” Oberhelman wrote. “We unleash all this creativity, and then are constrained by inefficient infrastructure, much of which was built when cars still drove with leaded gas.

“Imagine if we didn’t have such inefficiency. Imagine if we didn’t have congestion delays, indirect routes and the higher costs they bring. Imagine if the United States planned and implemented a 21st century transportation system that creates jobs and growth, and ensures the United States remains the economic envy of the world. A similar vision motivated the White House and Congress to find a solution in the 20th Century, and should be enough to motivate them again now.”

Doug joined other business leaders and Vice President Joe Biden at a meeting held by the White House Business Council at the Eisenhower Executive Office Building on July 9. At the meeting, Doug spoke as part of a panel with U.S. Secretary of Transportation Anthony Foxx to urge policymakers to pass legislation before money runs out of the Highway Trust Fund and MAP-21 authorization expires.
Caterpillar is also a founding member of the Alliance for American Competitiveness, a group of leading U.S. companies that rely on an integrated, efficient and effective transportation system for their businesses. The Alliance is actively working to ensure that an effective and long-term solution can be reached to fund U.S. infrastructure needs.

IRVING, Texas – The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted
today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one
cents ($1.41) per share of common stock, payable August 20, 2024, to shareholders of record
at the close of business on July 22, 2024. The Board of Directors also added $20 billion to its
current share repurchase authorization, which was launched in 2022 with no expiration date.
With the new authorization, Caterpillar Inc. may repurchase up to approximately $21.8 billion of
its common stock. Caterpillar expects to continue to return substantially all Machinery, Energy
& Transportation (ME&T) free cash flow to shareholders over time through dividends and share
repurchases.

“We continue to generate robust ME&T free cash flow through the execution of our enterprise
strategy for long-term profitable growth,” said Caterpillar Chairman and CEO Jim Umpleby.
“Our strong financial performance supports increasing our quarterly dividend and share
repurchase authorization, which aligns with our commitment to return substantially all ME&T
free cash flow to shareholders over time.”
Caterpillar has paid a cash dividend every year since the company was formed and has paid a
quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for
30 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrats Index.
NEWS

# # #

About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading
manufacturer of construction and mining equipment, off-highway diesel and natural gas engines,
industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping
customers build a better, more sustainable world and are committed and contributing to a
reduced-carbon future. Our innovative products and services, backed by our global dealer
network, provide exceptional value that helps customers succeed. Caterpillar does business on
every continent, principally operating through three primary segments – Construction Industries,
Resource Industries and Energy & Transportation – and providing financing and related services
through our Financial Products segment. Visit us at caterpillar.com or join the conversation on
our social media channels at caterpillar.com/en/news/social-media.html.

IRVING, Texas, June 12, 2024 – The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common stock, payable August 20, 2024, to shareholders of record at the close of business on July 22, 2024. The Board of Directors also added $20 billion to its current share repurchase authorization, which was launched in 2022 with no expiration date. With the new authorization, Caterpillar Inc. may repurchase up to approximately $21.8 billion of its common stock. Caterpillar expects to continue to return substantially all Machinery, Energy & Transportation (ME&T) free cash flow to shareholders over time through dividends and share repurchases.

“We continue to generate robust ME&T free cash flow through the execution of our enterprise strategy for long-term profitable growth,” said Caterpillar Chairman and CEO Jim Umpleby. “Our strong financial performance supports increasing our quarterly dividend and share repurchase authorization, which aligns with our commitment to return substantially all ME&T free cash flow to shareholders over time.”

Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for 30 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrats Index.

About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

IRVING, Texas, – Today, Caterpillar Inc. (NYSE: CAT) unveiled an innovative OEM-designed solution to help solve one of the most complex aspects of the mining industry’s energy transition – energy management.

Cat® Dynamic Energy Transfer (DET) is a fully Caterpillar-developed system that can transfer energy to both diesel-electric and battery-electric large mining trucks while they are working around a mine site. It can also charge a machine’s batteries while operating with increased speed on grade, improving operational efficiency and machine uptime. The innovative Cat DET system provides the industry with options to support both near-term and long-term sustainability strategies.

“We believe Cat DET provides a technological leap for the mining industry. Our team of innovators designed this system to provide immediate benefit to miners who want to lower their operating costs and greenhouse gas emissions today while also creating flexibility for the future,” said Denise Johnson, Caterpillar’s Resource Industries group president. “We know customers need choices to fit their unique site objectives. We are proud to deliver an innovative, integrated solution that can support their needs of today and those of the future.”

Enabling Enhanced Flexibility Through Innovative Design
Cat DET is comprised of a series of integrated elements, including a power module that converts energy from a mine site’s power source, an electrified rail system to transmit the energy and a machine system to transfer the energy to the truck’s powertrain.

The rail system is a highly deployable, mobile solution that can be customized to customers’ specific site layouts, including high-speed and curved haul roads, enabling higher productivity. The connecting arm can be installed on either side of a truck and on multiple truck models, providing options to fit customers’ specific operations. It can also be used on mature or developing sites, and it can be easily moved or expanded to allow maximum mine site coverage.

Cat DET will integrate with the Cat MineStar™ Command for hauling solution, merging autonomy and electrification technologies to provide a holistic site solution.

Caterpillar Senior Vice President Marc Cameron explained, “We believe mine sites will benefit from enhanced efficiency with the integration of electrification and automation. When combined, these technologies will help miners achieve production targets while simultaneously managing energy demands.”

The Cat DET system will be on display as part of Caterpillar’s MINExpo 2024 exhibit, located in Central Hall booth #6333 at the Las Vegas Convention Center, Sept. 24-26.

About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html. 

IRVING, Texas – Caterpillar Inc. (NYSE: CAT) today announced a $90 million investment to prepare its facilities in Schertz and Seguin, Texas, to produce the all-new Cat® C13D industrial engine. The investment will create 25 jobs at Schertz starting in 2026.

“We appreciate the support from the local community as we prepare our Seguin and Schertz facilities to produce the C13D engine,” said Mark Stratton, vice president and general manager of Caterpillar’s Industrial Power Systems – Large Engines. “The Caterpillar team in Texas will produce the quality parts and engines we need for our customers as we help them build a better, more sustainable world.”

The C13D is a new 13-liter diesel engine platform designed to achieve best-in-class power, density and fuel efficiency. The engine optimizes the performance of heavy-duty off-highway applications such as material handling, construction, mining, and aircraft ground support.

The investment includes new equipment installations at both facilities, $70 million in Schertz to make C13D engine components and $20 million in Seguin to assemble the engines. The new equipment installations will not impact current operations, which include manufacturing Cat® and Perkins engines and generator sets. C13D engine production is slated to start in 2026.

About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

IRVING, Texas, – Caterpillar Inc. (NYSE: CAT) announced the formation of a new educational program designed to support mining, quarry and aggregate industry customers on their energy transition journeys. The Pathways to Sustainability program is a four-year, multi-pronged experience that provides participants with holistic learning opportunities, energy transition project advisement and additional benefits related to sustainable product access.

The emphasis of the program is on understanding each participating company’s sustainability objectives and providing participants with information and tools that will help them understand where they are on their own unique journeys and where energy transition strategies may need to be customized to support individual actions. The program includes in-person and virtual training opportunities centered on six strategic areas impacted by the energy transition – strategy, people, product, process, technology and infrastructure. In alignment with Caterpillar’s 2030 Sustainability Goals, the program will explore opportunities to make an impact toward customers’ site emissions reduction objectives through multiple avenues, including the use of technology, reducing machine lifecycle waste, fleet-bridging strategies and solutions that can be applied today to improve efficiency.

The Pathways to Sustainability program is the next phase of Caterpillar’s sustainability offerings, building off of the company’s Early Learner program which was established in 2021. The Early Learner program includes electrification agreements with a select group of customers across the globe who are working with Caterpillar to test and validate the company’s new battery electric machines, and charging and infrastructure solutions.

Caterpillar Senior Vice President Marc Cameron explains, “To make a step-change, it will take the industry coming together. That is what our Early Learner program and now the Pathways to Sustainability program are all about – learning and working together toward a brighter future. We are proud to support our customers every step of the way as they design their own unique paths and goals, now and through the energy transition.”

About Caterpillar
With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

SHENZHEN, China, March 31, 2021 /PRNewswire/ — CIOE (China International Optoelectronic Exposition), known as the gateway to China’s optoelectronic market, is an annual one-stop sourcing event for global buyers from optoelectronics application industries including ICT, consumer electronics, advanced manufacturing, semiconductor processing, sensing and measurement, defense and security, lighting & display, energy and medical.

At the beginning of 2020, the pandemic hit the global economy and caused a severe impact on international business. It is difficult for overseas buyers to source China’s optoelectronic products and find new suppliers due to the limits of international transportation. Then, CIOE launched the overseas buyer sourcing requirement collection service to help foreign buyers who have sourcing needs to Chinese products and demands to find new Chinese suppliers.

This free of charge service will only take you 3 minutes to sign up here. CIOE will match your sourcing needs to CIOE’s exhibitors based on the required products. Also, CIOE has prepared CIOE 2020 visitor Guide and CIOE 2020 Exhibitor List for your reference before submitting the survey. Moreover, featuring over thousands of China’s optoelectronic companies, hot sellers in optoelectronic industry include optical fibers, optical transceiver, optical communications chips and materials, lasers, optical lens & camera modules, machine vision, AR/VR, LiDAR, fiber optic sensor, and millimeter wave radar will be showcased at CIOE 2021 in September at Shenzhen World.

CIOE sincerely hopes the one-month CIOE 2021 Overseas Sourcing Requirement Collection Service will benefit our global buyers and provide a highly efficient platform to connect with Chinese companies. If you have demands on optoelectronic products and target Chinese optoelectronic enterprises, do not miss out the chance to submit your needs before May 1st.

SOURCE CIOE

CONTACT: Cassie Wang, cassie.wang@cioe.cn, +86-755-88242552
Web Site: []

ALGIERS, ALGERIA—August 30, 2018—GE’s Distributed Power business (NYSE: GE) today announced U.K.-based Clarke Energy, GE’s authorized Channel Partner of Jenbacher gas engines in Algeria, has been selected by the developers of the new Djamaâ el Djazaïr mosque (the Great Mosque of Algiers), to supply four of GE’s J320 Jenbacher gas engines for a trigeneration plant. The facility will provide the mosque with reliable, efficient and lower-carbon power, heating and cooling.

The natural gas-fueled trigeneration plant will supply 4.25 megawatts (MW) of electricity, 4.3 MW of heat in the winter and 3.5 MW to produce 6 MW of chilled water in the summer at the planned mosque, which also is known as the Mohammadia Mega Mosque. Mohammadia is located near the capital city of Algiers.

The mosque is owned by the Algerian Ministry of Religious Affairs. The facility will be the third largest mosque in the Arabic world—after the Mecca and Medina sites—and will feature a minaret (mosque tower) over 265 meters tall, making it the world’s largest. Clarke Energy secured an agreement with Turkish subcontractor AE Arma-Elektropanç to supply four Jenbacher J320 gas engines for the project. During the hot Algerian summer months, the gas engines’ heat will be converted into cooling water by three absorption chillers. The cold water will be used in the building’s air conditioning systems. In the winter, the system will use the engine heat to warm the complex.

The new mosque is being built as a cultural and religious center and symbolizes the bright future of urban development in Algeria.

“Key factors in us selecting Clarke Energy to supply GE’s Jenbacher gas engines for this project were its local support network and established presence in Algeria and GE’s proven global track record for numerous successful Jenbacher gas engine trigeneration projects,” said Murat Alkim, deputy general manager of AE Arma-Elektropanc.

The project underscores the growing industrial demand for advanced trigeneration technologies, including in the commercial and residential building sectors.

“We are excited to support the development of the Djamaâ el Djazaïr mosque by supplying GE’s Jenbacher gas engine trigeneration technology, which will allow the mosque to generate its own power, heat and cooling for the complex without depending on the local grid,” said Jamie Clarke, chief executive officer of Clarke Energy. “GE’s CHP (combined heat and power) technologies will deliver important reliability, energy efficiency and environmental benefits for this flagship international project.”

GE’s J320 units have been delivered to the mosque site and are expected to enter operation at the end of 2018, in conjunction with the opening of the mosque.

“GE’s proven Jenbacher gas engine trigeneration technology is an attractive technical and commercial solution for a growing number of industrial and community energy challenges,” said Leon van Vuuren, general manager, global sales and commercial operations for GE’s Distributed Power business. “We are excited to showcase the advantages of our trigeneration technology for the development of the new Djamaâ el Djazaïr mosque.”

The mosque complex includes a multimedia library, a research center, meeting rooms, a prayer room able to accommodate almost 35,000 people, the minaret, a Quran school, residential facilities and a museum.

Join the conversation at our GE Hewar blog: http://middleeast.geblogs.com/.

About the Djamaâ el Djazaïr Mosque
The Mohammadia Mega Mosque, also known as the Djamaâ el Djazaïr mosque, will be built on a 218,525 m² (54 acres or 21.8ha) site located east of the present historical center in the Mohammadia area near the Bay of Algeria. It will be the third largest mosque in the world after the Mecca and Medina mosques. The main attraction of the mosque will be its 265-meter minaret.

A YouTube video of the mosque can be viewed here (in Arabic) https://www.youtube.com/watch?v=knHOtib1Vsg

About Clarke Energy
Clarke Energy, a Kohler Company, is a leader in the engineering design, installation and long-term maintenance of gas engine-based power plants. The company is authorized sales and service provider for GE’s Jenbacher gas engines in 25 countries. Clarke Energy employs over 1,100 staff and has over 6,300 MWe of Jenbacher generation equipment installed globally.

Clarke Energy in North Africa
GE’s Jenbacher gas engines have been distributed by Clarke Energy in North Africa since 2008 when it started operation in Tunisia. In 2011, the company commenced operations in Algeria. There are currently 60 MW of GE’s Jenbacher gas engines across Algeria, Tunisia and Morocco on a range of applications including captive power for industry, flare gas and biogas from waste, sewage and landfill sites. Clarke Energy’s growing North African team employs over 22 people. www.clarke-energy.com

Follow Clarke Energy on Twitter @ClarkeEnergy and on LinkedIn or Facebook.

About GE’s Distributed Power business
GE’s Distributed Power business, which includes the Jenbacher and Waukesha product lines, is a leading provider of engines, power equipment and services focused on power generation and gas compression at or near the point of use. Distributed Power offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 200 kW to 10 MW of power for numerous industries globally. In addition, the business provides life cycle support for more than 48,000 gas engines worldwide to help you meet your business challenges and success metrics—anywhere and anytime. Backed by our service providers in more than 100 countries, GE‘s global service network connects with you locally for rapid response to your service needs. GE’s Distributed Power business is headquartered in Jenbach, Austria.

About GE Power
GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Operating in more than 180 countries, our technology produces a third of the world’s electricity, equips 90 percent of power transmission utilities worldwide, and our software manages more than forty percent of the world’s energy. Through relentless innovation and continuous partnership with our customers, we are developing the energy technologies of the future and improving the power networks we depend on today. For more information please visit www.ge.com/power, and follow GE Power on Twitter and on LinkedIn.

About GE
GE (NYSE: GE) is the world’s digital industrial company and changes the industry with connected, responsive and predictive software-controlled machines and solutions. GE is organized around a global knowledge sharing system, “GE Store”, which allows all business units to access the same technologies, markets, structures and intellectual property and share them with one another. Every invention promotes other innovations and applications across multiple business units. With people, services, technology and scale, GE offers customers better results, as we speak the language of the industry. www.ge.com

A technology company based in California in the US has announced the debut of their latest surveillance equipment that will be cloud-based. This eliminates the potential for criminals to tamper with cameras that are usually installed on premises to record activities in the outside perimeter.

Underscoring President Obama’s Climate Action Plan to cut harmful emissions and double energy efficiency, the Energy Department is taking action to develop the next generation of combined heat and power (CHP) technology and help local communities and businesses make cost-effective investments that save money and energy. As part of this effort, the Department launched today seven new regional Combined Heat and Power Technical Assistance Partnerships across the country to help strengthen U.S. manufacturing competitiveness, lower energy consumption and reduce harmful emissions.

Last year, President Obama established a new national goal of 40 gigawatts of new CHP capacity by 2020 – a 50 percent increase from today. Meeting this goal would help American manufacturers and companies save as much as $100 billion in energy costs over the next decade and reduce emissions equivalent to taking 25 million cars off the road. View an Energy Department infographic on how CHP technology works and its environmental and economic benefits.

Launching Seven New CHP Technical Assistance Partnerships

Since 2003, the Energy Department has supported a set of regional centers to help organizations understand how CHP can improve their bottom lines and lower energy bills.

Today, the Department is launching seven regional CHP Technical Assistance Partnerships – the next generation of these centers – to help further grow America’s CHP market for commercial, institutional and industrial businesses, state agencies, utilities and trade associations. Located in California, Colorado, Illinois, New York, North Carolina, Pennsylvania and Washington state, these organizations will offer best practices for CHP project financing, management and state policies, market analysis tools and resources, and technical site evaluations.

Find more information on how the CHP Technical Assistance Partnerships are helping U.S. businesses and communities get the information they need to make smart, cost-effective investment decisions.

Strengthening Infrastructure Reliability and Resilience

Combined heat and power technologies can also help make our nation’s infrastructure smarter, stronger and better equipped to maintain power against increasingly severe weather events. During and after Hurricane Sandy, CHP helped hospitals, fire stations and multifamily housing in New York and New Jersey continue their operations when the electric grid went down.

The Energy Department, the Department of Housing and Urban Development and the Environmental Protection Agency recently issued a guide to help state and local officials determine if CHP is a good option for Sandy rebuilding efforts. The guide includes practical information on financial, site and technical decision-making as well as how to operate and maintain these systems.

The Energy Department is also helping critical facilities across the country invest in CHP – providing affordable, reliable power and heat and ensuring that life-saving operations keep running. For example, in 2010, Thermal Energy Corporation installed a new high-efficiency 48 megawatt CHP system to power and heat the University of Texas MD Anderson Cancer Center, Texas Children’s Hospital and 16 other institutions at the Texas Medical Center. The Energy Department invested about $10 million in this project, matched by $62 million in private funding. Last year, the Midwest Clean Energy Application Center helped Gundersen Health system complete installation of a CHP system at its medical campus in Onalaska, Wisconsin – completely offsetting its electricity and steam needs and saving about $100,000 each year.

Developing Innovation CHP Technologies

In addition to technical assistance efforts, the Energy Department is supporting research, development and demonstration projects to help grow the CHP market, including finding CHP solutions that fit small- and medium-sized facilities and accelerating new product commercialization.

Industries with high and continuous demand for both electrical and thermal energy – such as food processing, paper manufacturing and metals production – are well suited for CHP installations but often face market and technical barriers to deployment. With that in mind, the Department is supporting demonstration projects to test how these systems impact plants’ operations and energy use and help identify financing and maintenance best practices. For instance, the Department partnered with Frito-Lay to install and test a CHP system at its Killingly, Conn.-based food processing facility. In addition to providing reliable, efficient power, the gas-fired system reuses excess heat to warm Frito-Lay’s chip fryer oil – cutting costs and reduce harmful air pollution.

The Department is also supporting new CHP technologies that are cleaner, more efficient and can use a variety of fuel sources. The Gas Technology Institute is developing a new CHP burner technology that cuts greenhouse gas emissions while improving overall system efficiency. Capstone Turbine Corporation is designing a combined 65 kilowatt CHP system and biomass gasifier that can use stalks, grass and other material to generate gas and power a turbine. Capstone is also developing a 370 kilowatt CHP system that can save about 44 percent more energy over a traditional system while reducing carbon dioxide emissions by 60 percent and nitrogen oxide emissions by 95 percent.
Courtesy Department of Energy

MOLINE, Illinois, November 2, 2015 – Deere & Company said today it has signed a definitive agreement to acquire Monosem, the European market leader in precision planters. The purchase includes the company’s four facilities in France and two in the United States.

“Through this action, we continue to build on our leadership position in precision agriculture,” said John May, president, Agricultural Solutions and Chief Information Officer. “Monosem is admired for its innovation and success in precision planter technology that helps farmers increase production. Acquiring this market leader positions John Deere to serve more customers worldwide.”

Deere does not plan to change the independent nature of Monosem. May said the business will retain its own brand and trademark and will leverage its own operational strengths. Monosem has been a family-owned enterprise through three generations since it was founded in 1948.

The acquisition of Monosem, May added, helps accelerate John Deere’s market reach in precision planting equipment and adds engineering expertise to further develop planting technology. “We remain focused on helping our customers increase their productivity,” he said.

Deere & Company is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land – those who cultivate, harvest, transform, enrich and build upon the land to meet the world’s dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity. For more information, visit www.JohnDeere.com.

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 for the irrigation operations known as John Deere Water.

Closing is expected in the second quarter of the 2014 calendar year. Terms of the sale are not being made public. BofA Merrill Lynch served as the exclusive financial advisor to Deere for the strategic review.

While Deere is exiting the John Deere Water operations, the company noted that as a part of its John Deere FarmSight™ strategy, it will continue to develop and offer products and services to help customers improve the overall performance of their farming operations, including the current in-field moisture and climate sensing technology, John Deere Field Connect.

John Deere Water is one of the world’s largest full-line drip irrigation manufacturers with significant distribution in North and South America, Asia, Europe and Africa.

FIMI Opportunity Fund is Israel’s largest and leading private equity fund, with more than US$ 2.0 billion in invested capital. Over the past 17 years, FIMI has completed 73 investments, of which it has realized 45. FIMI is currently investing through its fifth fund which focuses on investing in selected mature Israeli or Israeli-related companies with strong growth potential and a global footprint. FIMI has vast experience in growing and improving operational companies with a global footprint through focused business development activities and operational excellence. For more information, visit FIMI at www.fimi.co.il.

Deere & Company (NYSE: DE) is committed to the success of customers whose work is linked to the land, providing advanced products and services to cultivate, harvest, transform, enrich and build upon the land to meet the world’s dramatically increasing need for food, fuel, shelter and infrastructure.

This Press Release is courtesy of www.johndeere.com

The Department of Defense is participating in the 5th USA Science & Engineering Festival Expo, on Apr 5-8 at the Walter E. Washington Convention Center in DC. The expo is designed to inspire the next generation of inventors, creators and innovators. It is a free, family-friendly expo that allows kids and adults to participate in thousands of exhibits, experiments, and stage shows.

The DoD will again be a premier supporter at the 2018 USA Science and Engineering Festival. The Department of Defense (DoD) has been participating in the USA Science and Engineering Festival since 2012. “We’re excited to participate in our fourth USA Science & Engineering Festival and to showcase the many talented STEM professionals within the DoD and their accomplishments,” says Dr. Jagadeesh Pamulapati, director, Laboratories Office within the Office of the Under Secretary of Defense for Research and Engineering.

The hours of operations are Apr 7 from 10a.m. to 6 p.m. and Apr 8 from 10 a.m. to 4 p.m. The grand finale of the Festival’s year-long science celebration is Apr 8. The Festival Expo features over 3,000 hands-on activities showcasing how STEM Can Take You into the deep blue, into cyberspace, inside the human body, into nature, into outer space and beyond! In all, the Festival Expo expects to draw more than 350,000 people.

Within the Defense Pavilion, the audience will have the opportunity to interact with STEM professionals and mentors within the DoD through a variety of activities including a “Ray Optics Laser System” demonstration, navigating a drone, taking a Virtual Reality Tour, and hearing Lightning Talks to learn about the experiences of DoD Scientist and Engineers.

The Festival features science celebrities, explorers, astronauts, physicists, inventors, and experts in fields like oceanography, climatology, robotics, medical research, neuroscience, space exploration, artificial intelligence, and more. Participating celebrities include:

o TV host and Ocean Explorer Danni Washington
o Explosive Science’s Dr. Kate Biberdorf
o World Champion of Magic Jason Latimer
o America’s Science Teacher Steve Spangler
o Fox TV Xploration Outer Space host, Emily Callandrelli

Featured Lightning talks include:

o “The Engineering Path Less Traveled”
o “Why Do We Have Scientist and Engineers”
o “Do DoD Technologies Behave the Way They are Portrayed in Popular Games?”

The USA Science & Engineering Festival is the nation’s largest science festival and was developed to ignite the next generation’s interest in pursuing careers in science and engineering.

To learn more, visit http://dodstem.us/stem-programs/events-map
2
Science Tech Special

MISSION
The mission of the Department of Defense is to provide a lethal Joint Force to defend the security of our country and sustain American influence abroad.

Newbury Park, CA — Designworks, a BMW Group company, announced today a collaboration with leading pleasure boat manufacturer, Sea Ray, to develop a new sleek, sophisticated design language for the brand.  The first new, redesigned model – the all-new Sundancer 370 Outboard – will be uveiled during a live Facebook event today at 12:00 p.m. EST.  The official release of this new product is in conjunction with the 45^th anniversary of the Sundancer series.

“Sea Ray has a rich history as a leading boat manufacturer for more than 60 years,” said Johannes Lampela, Director of Industrial Design at Designworks. “The Sea Ray look is very recognizable, and our goal working together was to further strengthen that design DNA by bringing forward the most iconic features through a modern design execution. What emerged is a modern yet classic aesthetic that is being used to inspire the next generation of Sea Ray boats.”

“Our goal was to define the foundation for bold and pure design expression,” said Charlie Foss, Sea Ray Design Director. “Working together with Designworks, we were able to produce a fresh set of design principles that pay homage to our brand’s past while indicating the future, resulting in a look that is undeniably Sea Ray. An output of the collaboration was the definition of four key design characteristics to inform Sea Ray models moving forward: sleek, confident, athletic, and distinctive.”

Sleekness is recognized through a long, lean, and naturally flowing s-sheer line integrated into the side of the boat. Confidence is evident through a strong character jaw line, and athleticism is conveyed with purposeful yet beautiful angles and surfaces illustrating power and movement. Finally, distinctiveness is imparted through the characteristic Sea Ray hull-side emblem and center line that draws the eye in and creates a feeling of speed.

Next to consulting clients in many mobility related industries, Designworks works across the portfolio of the BMW Group from luxury and premium cars to motorcycles and digital experiences. The Designworks and Sea Ray team worked through a rigorous process of multiple workshops and collaboration sessions, diving deep into consumer insights, design trends and brand heritage.

“Automotive-inspired design is part of the Sea Ray history, dating back to collaboration with Harley Earl Associates in the early 1960s. It was important that we partnered with a group that has a comprehensive understanding of future mobility and the ability to develop concepts with a view to future contexts,” said Foss.

Sea Ray’s new design language will be unveiled during a virtual reveal of the Sundancer 370 on Facebook, today at 12:00 p.m. EST. Initially, the new model is available for order in North America, with international availability timing to follow.

Click here to RSVP for the live virtual reveal of the Sundancer 370 Outboard. For an early glimpse of the new Sundancer 370 design, click here .  

For more information about Designworks, visit BMWGroupDesignworks.com . For more information about Sea Ray, and to view the complete lineup, visit SeaRay.com .

  # # #

About Designworks

Designworks, a BMW Group Company is both, the innovation studio for the BMW Group and a global creative consultancy. The teams in the studios in Los Angeles, Munich and Shanghai work at the intersection of design, technology and innovation to unlock brand potentials and foster business growth for companies worldwide. Designworks leverages the power of BMW Group’s culture of innovation and cutting edge design to advance the goals of its external clients, including John Deere, Brunswick, Siemens, Corsair, HP, and Microsoft, whilst bringing outside perspectives and impulses to the BMW Group. www.bmwgroupdesignworks.com

About Sea Ray

Headquartered in Knoxville, Tenn., Sea Ray is the world’s leading creator of superior quality pleasure boats. For more than 60 years, Sea Ray has pushed the limits of performance and craftsmanship to elevate the boating experience. Each Sea Ray is designed to make every moment exceptional, supporting boaters’ unique lifestyles with a customized balance of unparalleled comfort and performance and world-class technology throughout. Learn more about the Sea Ray Experience at SeaRay.com .

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RICHMOND, Va., April 29, 2021 /PRNewswire/ — Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050.

Dominion Energy has made substantial progress in meeting the goals of the VCEA. The company is developing the largest offshore wind project in the U.S. off the coast of Virginia and has more than 5,200 megawatts of solar under development or in operation in Virginia. Once completed, these projects will produce enough zero-carbon electricity to power nearly 2 million homes at peak output.

“Every day we’re making more progress toward a clean energy economy in Virginia,” said Ed Baine, president of Dominion Energy Virginia. “The proposals we’re seeking today are another major step forward. They will bring more clean energy to our customers, more small-scale projects to our communities and more clean energy jobs to our economy.”

This year’s RFP includes additional guidance for cooperation with local governments and strengthened requirements for environmental justice. Project developers must submit a robust assessment of each project’s impact on environmental justice and, where applicable, demonstrate meaningful engagement with the communities where projects are located. The details of each RFP are as follows:

Utility-scale renewable energy and energy storage projects

Dominion Energy Virginia is seeking proposals for up to 1,000 megawatts of solar and onshore wind. The company may either purchase these projects or enter into power purchase agreements (PPAs) with third-party developers. The company also is soliciting bids for up to 100 megawatts of energy storage projects. Projects must be greater than 3 megawatts and located in Virginia.

Notices of Intent to Bid and Confidentiality Agreements are due by May 20, 2021. For more information on this RFP, visit the company’s website at www.dominionenergy.com/2021SolarWindStorageRFP. Those interested may also contact the company with questions by emailing 2021SolarWindStorageRFP@dominionenergy.com.

Small-scale solar projects

The company is seeking proposals for up to 175 megawatts of small-scale solar projects – 80 megawatts planned for commercial operation in 2023 and another 95 megawatts for 2024. These projects, also known as Distributed Energy Resources, must be 3 megawatts or smaller.

Notices of Intent to Bid and Confidentiality Agreements are due by May 20, 2021. For more information on this RFP, visit the company’s website at www.dominionenergy.com/2021DistributedSolarRFP. Those interested may also contact the company with questions by emailing 2021DERSolarRFP@dominionenergy.com.

Community solar projects

The company is seeking proposals for up to 8 megawatts of solar to support the company’s Community Solar Pilot. Individual projects must be 2 megawatts (direct current) or smaller. Notices of Intent to Bid and Confidentiality Agreements are due by May 21, 2021. For more information on this RFP, visit the company’s website at www.dominionenergy.com/communitysolar. Those interested may also contact the company with questions by emailing communitysolar@dominionenergy.com.

About Dominion Energy
More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.

SOURCE Dominion Energy

CONTACT: Audrey Cannon, 804-771-6115, Audrey.L.Cannon@dominionenergy.com

Related Links
http://www.dominionenergy.com

Downers Grove, IL, – Dover (NYSE: DOV) today announced that its Energy segment has acquired The WellMark Company headquartered in Oklahoma City, Oklahoma. WellMark is a leading manufacturer of valves, instrumentation and chemical injection pumps serving the oil and gas industry. Wellmark products are primarily used at oil and gas well sites for dehydration, compression, and chemical injection applications.

The company also announced that WellMark will be merged with Norriseal, a long-standing business within the Energy segment. Norriseal has been delivering quality valve and control products, customer service and technology to the oil and gas markets for nearly 60 years.

Soma Somasundaram, President and CEO of Dover’s Energy segment commented, “The acquisition of WellMark is consistent with our strategy of expanding our offering at the well site. WellMark is a strong strategic fit as it adds complementary products and expands geographic coverage of our valve, chemical injection pump and controls offerings. The addition of WellMark’s product lines to Norriseal’s, along with our recent acquisition of Timberline Manufacturing, underscores our commitment to building customer-focused solutions in these rapidly growing product categories.”

Luis Gomez, WellMark’s CEO said, “This acquisition provides a long-term strategic home for our business, valued customers, key representative relationships, and employees. It enables us to better support our customers with innovative processes in technology, product development and value added services and applications.”

WellMark expects to generate revenue of approximately $55 million in 2014. Terms of the transaction were not disclosed.

About Dover:
Dover is a diversified global manufacturer with annual revenues of $8 billion. We deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for nearly 60 years, our team of 28,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at www.dovercorporation.com.

About WellMark:
WellMark is a leading manufacturer of valves, regulators, controls and chemical injection pumps serving the oil and gas industry. Founded in 1981, the company has its headquarters and manufacturing plant in Oklahoma City, OK. The company has had steady growth over the course of its 33 year history, focusing on safety, quality and superior customer service. With presence in all the major oil and gas basins in North America and warehousing inventory in 22 strategically located facilities, it has positioned itself as one of the leaders in the industry. WellMark’s products are used by over 70 of the largest oil and gas production companies in the US and Canada.

GREENVILLE, S.C. – Duke Energy Progress is seeking to reduce customer bills to account for the cost of fuel used to generate electricity for South Carolina homes and businesses. If approved by the Public Service Commission of South Carolina (PSCSC), the average monthly residential bill would decrease by 4.1% beginning Aug. 1.

The total monthly impact of these rate changes for a residential customer using 1,000 kilowatt-hours (kWh) per month would be a decrease of $6.23, from $151.74 to $145.51.

If approved by the PSCSC, rates for commercial customers would decrease approximately 4.9% and rates for industrial customers would decrease approximately 4.4%. The specific impact to individual customers will vary according to many factors including electric usage and customer profile dynamics.

The PSCSC will consider the rates in a public evidentiary hearing where it will also hear the results of an extensive audit and inquiries of the parties involved in the case to ensure an accurate adjustment is made to billed rates.

Duke Energy Progress serves about 175,000 households and businesses in northeastern South Carolina, including Florence, Sumter and Darlington counties. The company’s other South Carolina utility – Duke Energy Carolinas – will make its annual fuel filing in July.

Why bills will decrease
Duke Energy Progress makes a fuel cost-recovery filing annually in South Carolina. The fuel rate is based on the projected cost of fuel used to provide electric service to the company’s customers, plus a true-up of the prior year’s projection compared to actual costs incurred. The PSCSC reviews fuel costs and adjusts the fuel component of customer rates accordingly.

Each year, this true-up proceeding is intended to resolve the difference between projected fuel costs and what is actually billed to the customer.

The decrease for customer bills in this year’s request is primarily driven by the decreased cost of natural gas year over year, plus a reduced true-up component since the previous fuel cost-recovery filing.

Duke Energy Progress makes no profit from the fuel component of rates – actual costs are passed through directly to customers.

Helping customers save
Customers struggling to pay their energy bills might qualify for assistance from various government and nonprofit programs for utility bills and other household expenses, or from the Share the Light Fund, a Duke Energy program that provides energy assistance. Duke Energy also offers programs and resources to help customers, as well as flexible payment arrangements to help customers experiencing uncertainty keep their accounts in good standing.

To help all customers take control of their energy use, Duke Energy offers energy-saving tips and innovative efficiency programs for every budget. For example, the Home Energy House Call is a free in-home energy assessment that provides customers more information about how they use energy and strategies to save money on their monthly bill. To learn more about these programs, visit duke-energy.com/savings.

Duke Energy Progress
Duke Energy Progress, a subsidiary of Duke Energy, owns 13,800 megawatts of energy capacity, supplying electricity to 1.7 million residential, commercial and industrial customers across a 28,000-square-mile service area in North Carolina and South Carolina.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas unit serves 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and advanced nuclear.

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 more than 420,000 megawatt hours of additional energy each year, which would provide the equivalent power used by 33,000 average U.S. homes. The contract model between GE and EDPR is structured to minimize risk while enabling new technologies to be quickly added to the EDPR fleet as they are developed in the coming years.

“GE’s PowerUp software will allow us to improve the power curve and increase the annual energy production of these 402 wind turbines. At EDPR we like to be a leader in innovation and explore creative ways to make the most of our units and collaborating with GE has been a win-win for us,” said Brian Hayes, executive vice president, EDP Renewables.

“GE’s PowerUp platform allows EDPR to realize almost immediate benefits to their bottom line input today and also allows us to incorporate new PowerUp technologies as they are developed. PowerUp will help EDP Renewables generate a higher power output and return on investment,” said Andy Holt, general manager of GE’s renewable energy projects and services organization.

The wind farms that will be installing PowerUp are Blue Canyon V wind farm in Oklahoma, the Meadow Lake III wind farm in Indiana and the Top Crop I, Top Crop II and Railsplitter wind farms in Illinois. When PowerUp is activated, a GE software program performs a complete before and after wind farm power performance analysis, validating the performance improvement. By adjusting performance dials, including speed, torque, pitch, aerodynamics and turbine controls, PowerUp is able to improve the power output of each unit and the overall wind farm.

PowerUp is part of GE’s brilliant wind platform, which harnesses the power of the Industrial Internet to analyze tens of thousands of data points on a wind farm every second, driving higher power output and creating new revenue streams for customers. It is an ecomagination qualified product.

This Press Release is courtesy of www.genewsroom.com

ST. LOUIS (June 12, 2024) – Global technology and software company Emerson (NYSE: EMR) released its 2023 Sustainability Report today, highlighting the company’s efforts to make the world healthier, safer, smarter and more sustainable.

“Sustainability is at the core of Emerson’s mission and culture, guiding our innovation, operational execution and business strategies,” said Emerson Chief Sustainability Officer Mike Train. “As a global automation leader, our innovative solutions are designed to enhance sustainability performance, not only within our operations but also for our customers globally. As we move forward, we remain committed to deploying impactful technologies that advance both our net zero ambitions and those of our customers, fostering a more sustainable future for all.”

The report presents Emerson’s commitment and approach to the company’s environmental, social and governance (ESG) strategies and how they are connected to driving long-term value creation. Notable progress highlights include:

Reduced Scope 1 and 2 greenhouse gas emissions intensity by 52% since 2021 and procured 49% of the electricity used by Emerson locations from renewable sources.

Surpassed the energy intensity reduction target ahead of 2030, with a 41% reduction since 2018, exceeding the 25% reduction target.

Earned the 2023 ENERGY STAR® Partner of the Year for energy management as the company drives measurable progress toward its net zero emissions targets.

Maintained an A- score from the Carbon Disclosure Project (CDP) and was included in the CDP’s Supplier Engagement Leaderboard for the second consecutive year.

Increased representation in leadership for women globally and US minorities by two and four percentage points, respectively.

Named a 2023 “World’s Top Employers for Women” by Forbes.

To view the full report, please visit Emerson.com/ESG.

About Emerson 
Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com. 

BANGALORE, India, March 30, 2021 /PRNewswire/ — Enate, a UK based Robotic Process Orchestration solutions solutions company, has announced a strategic partnership with Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions. Together, Enate and Tech Mahindra will help global enterprises scale up their automation journey efficiently through Enate’s proprietary Robotic Process Orchestration (RPO) technology.

Founded in 2017 by Kit Cox, who is also Enate’s Global CEO, Enate’s RPO offers a Lite BPM, Workflow and Workforce management platform to help increase efficiencies and streamline operations between human employees and future-of-work technologies such as RPA bots, OCR platforms, NLP/AI/ML technologies, etc. This partnership will enable customers to scale their intelligent automation ecosystem by increasing human-bot workforce efficiency across different automation technology providers.

George Mundassery, Global Head – Automation and Artificial Intelligence, Tech Mahindra, said “We are witnessing demand from many of our customers for a solution that orchestrates workflows across different automation technologies, facilitates human-bot governance and provides end-to-end automation. This partnership is in line with our NXT.NOW framework and together with Enate’s innovative RPO (recruitment process outsourcing) platform we will enable digital transformation and meet the evolving needs of the customer.”

Uday Jose, MD – Enate India, said: “With Tech Mahindra’s expertise in running large, multi-geo transformation programs, and Enate’s technology to support & simplify enterprise-scale automation, we are excited that this will drive the next wave of value creation and savings that businesses now looking for beyond RPA. Enate’s orchestration technology scales the intelligent automation ecosystem by leveraging lite workflow, bpm, and hybrid workforce management capabilities purpose-built for human and digital efficiency and integration.”

About Enate

Enate is a UK- headquartered Robotic Process Orchestration SaaS platform with an APAC office in India. Enate combines Lite BPM, Workflow, and Workforce management capabilities to bind together all human team members and/or automation technologies into one framework.

The platform is deployable within weeks and enables the delivery of services from multiple locations. Enate was named a Hot Vendor 2019 by HFS Research and includes brands like Mizuho, a global banking major in its clients, amongst other names such as Capgemini, Capita, and one of the Big Four’s.

WASHINGTON – At a forum marking the first anniversary of its Minorities in Energy Initiative (MIE), the Energy Department today announced the launch of its new Industry Partners Network. The network is comprised of energy-focused companies and trade associations joined by a common mission to increase engagement of minority and tribal communities in the energy sector through science, technology, engineering and mathematics (STEM) education, workforce development, energy economic development and climate change policy and awareness. Industry partners have signed a Memorandum of Understanding with DOE agreeing to contribute toward making measurable advancements in these areas.

“The Minorities in Energy Initiative seeks to inspire underrepresented Americans to pursue careers in energy – and support their advancement into leadership positions,” said Secretary Moniz. “Careers in energy are providing an important pathway for economic mobility, as President Obama says, a ladder of opportunity for those who want to pursue the American Dream. That is why I am committed to promoting diversity and inclusion at the Department of Energy and to working with our new Industry Partner Network to promote diversity in the entire energy sector. It is critical for developing American talent and strengthening our economy and our society.”

Secretary Moniz, recognizing the opportunity to involve all of America’s diverse communities in the fast-growing energy field, launched the Minorities in Energy Initiative last year to engage more minorities in energy through science, technology, engineering, and mathematics (STEM) education, energy economic development and climate change policy.

In its first year, the MIE recruited nearly 40 Minorities in Energy Ambassadors and Champions, senior leaders from industry, government, academia, and nonprofits who are actively working for inclusion, access, and engagement by minorities in the energy sector.

At today’s forum, attended by industry leaders, Broderick Johnson, White House Cabinet Affairs Secretary and Chair of My Brother’s Keeper Initiative, Congressman Bobby Rush of Illinois and Congresswoman Eddie Bernice Johnson of Texas, the Department of Energy announced the Industry Partner Network and also released a new Strategic Plan for MIE, which can be found here.

“Energy powers our lives and it will power our future. Our Minorities in Energy Industry Partners will work with the Department to help make that energy future inclusive of all Americans,” said Dot Harris, Director of the Office of Economic Impact and Diversity at the Department of Energy and leader of the MIE Initiative. “This is just the beginning; we look forward to an ever growing number of industry partners to join us in this endeavor.”

Industry Partners will leverage their professional networks, expertise, and the financial resources of the private sector to build the capacity of minorities to compete for work and business opportunities in the energy sector.

The MIE Industry Partners Network includes:

• AREVA

• BP America

• Hispanics in Energy

• Lockheed Martin

• National Center for American Indian Enterprise Development

• Shell Oil Company

• WGL Holdings

The Energy Department today announced $10 million for six new research and development projects that will advance innovative concentrating solar power (CSP) technologies. The projects will develop thermochemical energy storage systems to enable more efficient storage of solar energy while using less storage material, cutting the cost for utility-scale CSP electricity generation as a result. Also today, the Department released a new report highlighting the progress of five major CSP deployment projects that are already producing clean, renewable energy.

“By improving energy storage technologies for concentrating solar power systems, we can enhance our ability to provide clean and reliable solar power, even when the sun is not shining,” said Energy Secretary Ernest Moniz.

Concentrating solar power technologies use mirrors to focus and concentrate sunlight onto a receiver from which a heat transfer fluid carries the intense thermal energy to a power block to generate electricity. The research and development projects announced today will explore and develop novel thermochemical energy storage systems, which could store the sun’s energy at high densities and temperatures in the form of chemical bonds. The chemical compounds used to store the chemical energy are later broken down to release energy when needed. Six teams from universities, national laboratories and research institutes, working with industrial partners, will test different chemical processes for CSP thermochemical energy storage that could further advance CSP technology, helping the industry step closer to meeting the SunShot Initiative’s technical and cost targets for CSP and moving the U.S. toward its clean energy future.

The Energy Department’s report, “2014: The Year of Concentrating Solar Power,” focuses on five of the most innovative CSP plants in the world that, in 2014, are expected to be fully operational in the southwestern U.S. as a result of sustained, long-term investments by the Administration and committed solar industry partners. When completed, these projects will provide a combined 1.26 GW of electricity, nearly quadrupling the preexisting CSP capacity in the United States with the potential to power more than 350,000 average American homes. In addition, the five CSP projects illustrate how loan guarantees provided by the Energy Department encouraged private market investment and accelerated the deployment of these technologies at commercial scale.

Broadly, these new Energy Department investments will advance solar energy technologies—driving down costs to make solar more affordable. Learn how the SunShot Initiative is working to develop innovative CSP technologies and make solar energy fully cost competitive with traditional forms of electricity by the end of the decade. For more information on the work of the Loan Programs Office to support the deployment of clean energy technologies, including CSP, at commercial scale, please visit http://energy.gov/lpo/loan-programs-office.

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, reduce the cost of installing clean energy projects, and generate electricity from renewable energy sources. These projects will include technologies such as wind turbine blades that are easier to transport and use less energy, an electrochromic window technology that can achieve a 30% reduction in energy use, and a solar energy system that reduces installation costs and generates power in less time.

“Small businesses employ half of America’s workers and create two out of every three new jobs in the United States,” said Assistant Secretary for Energy Efficiency and Renewable Energy David Danielson. “By supporting small businesses and driving American leadership in clean energy innovation, we can create new job and business opportunities, strengthen U.S. competitiveness in a growing global market and provide more clean, affordable energy to communities across the country.”

Supported by EERE, these projects will focus on developing clean energy technologies with a strong potential for commercialization and job creation. Technologies from the 17 projects include:

· Hydropower: Based in Keokuk, Iowa, Amjet Turbine Systems, LLC will develop lightweight, low-cost hydro turbines that can generate electricity from low-head dams and rivers all over the world.

· Energy Efficient Heating and Cooling: Austin, Texas-based Sheetak, Inc. aims to develop a low-cost solid-state heat pump technology that cuts the energy needed to heat water for commercial buildings and homes.

· Electric Vehicles: Headquartered in Rockledge, Florida, Mainstream Engineering Corporation will develop a hybrid electric turbocharger to help charge plug-in electric vehicles faster – providing drivers with more options to save money on fuel and cut carbon emissions.

These awards are for Phase II SBIR projects to further develop Phase I projects and produce a prototype or equivalent within two years.

This news is courtesy of www.energy.gov

NEWARK, NJ – Energy Investors Funds (“EIF”), an energy-focused private equity firm, announced today that two EIF-managed funds have indirectly acquired an additional 50 percent ownership stake in the Newark Energy Center from Hess Corporation (NYSE: HES) using a $590 million loan from Crédit Agricole Corporate and Investment Bank, GE unit (NYSE: GE) GE Energy Financial Services and Mitsubishi UFJ Financial Group (MUFG).

EIF-NEC, LLC, an entity jointly owned by the two EIF-managed funds, will use the loan to support the acquisition, construction and operation of the 705-megawatt power plant, which is being built using GE’s advanced combined-cycle, natural gas-fired turbine technology. With this acquisition, EIF-NEC now holds 100% of the equity interests in the Newark Energy Center. The three lenders served as co-lead arrangers and joint-book runners. Financial details of the transactions were not disclosed.

The Newark Energy Center sits on 23 acres of brownfield industrial land in New Jersey, an optimal location with nearby gas supply and electrical interconnection point. The project has been under construction for nearly two years and is expected to begin commercial operations in May 2015. It will sell its energy and capacity into the PJM capacity market. Power Plant Management Services is managing construction, with NAES Corporation providing operations and maintenance and Direct Energy undertaking additional energy management services.

“We’re excited to consolidate our ownership of the Newark Energy Center and are pleased to work with three longtime relationship banks on the financing of such a critical new generation resource,” said Keith Derman, a partner at EIF. “This project will provide the PJM market with a reliable new source of efficient and environmentally friendly capacity.”

Jim Guidera, managing director and head of energy and infrastructure group for North America at Credit Agricole CIB added, “Concluding the financing for EIF’s latest capacity addition to the PJM power market was a success for our project finance team, and continues our well-established relationship with EIF.”
Carl Peterson, a managing director and leader of debt origination at GE Energy Financial Services, noted that this is the sixth thermal debt investment his group has led in the last year, with a total project capacity exceeding 3,000 megawatts.

“The Newark Energy Center highlights GE’s ability to combine technology and financial structuring expertise to provide unique solutions that meet our customers’ needs,” said Peterson.
“We are thrilled that we could deliver the right financing solution and combine it with a structure attractive to the debt markets,” said Jonathan Lindenberg, head of project finance for the Americas at MUFG.

The Newark Energy Center will operate as one of the cleanest gas-fired power plants in the United States, using two GE 7F.05 Gas Turbines and one GE D400 Steam Turbine, and features advanced emissions control technology. The 7F.05 Gas Turbine can start up quickly to produce power with reduced start-up emissions, helping to enable the integration of renewable energy. The plant will provide more efficient, flexible and reliable power, helping to reduce the region’s reliance on older, less efficient power generation plants. GE will also service the equipment through a long-term contractual service agreement.

Producing enough electricity to power approximately 700,000 homes, the project employs more than 700 construction workers and generates tax revenues for the city of Newark.
For more details, visit: www.newarkenergycenter.com

About Energy Investors Funds
EIF was founded in 1987 as one of the first private equity fund managers focused on the independent power industry. EIF’s investment strategy is to create diversified portfolios of energy infrastructure-related assets across the power generation, transmission, and midstream sectors that are expected to provide superior risk-adjusted equity returns with current cash flow and capital appreciation. EIF has raised over $5 billion in equity capital and currently manages multiple private equity funds from its offices in Boston, New York, and San Francisco. For more information, visit www.eif.com.

About Crédit Agricole CIB
Credit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world’s fifth largest bank by total assets. The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, the Americas, Asia and the Middle East. For more information, please visit www.ca-cib.com.

About GE Energy Financial Services
GE Energy Financial Services—GE’s energy investing business—works as a builder, not just a banker, to help meet the world’s power and fuel needs. We offer more than money—expertise—for essential, long-lived and capital-intensive power, oil and gas infrastructure—GE’s core business. Drawing on GE’s energy technical know-how, financial strength and risk management, we see value where others don’t and take on our customers’ toughest challenges with flexible equity and debt transaction structures. Based in Stamford, Connecticut, GE Energy Financial Services holds approximately $16 billion in assets. More information: www.geenergyfinancialservices.com. Follow GE Energy Financial Services on Twitter: @GEEnergyFinServ

About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. MUFG’s services include commercial and investment banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The group’s operating companies include The Bank of Tokyo Mitsubishi UFJ, Ltd.(BTMU) and its subsidiary Union Bank. N.A., Mitsubishi UFJ Trust and Banking Corporation (Japan’s leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan’s largest securities firms. MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges.

This news is courtesy of www.ge.com

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 into its modules and optimized them for 1,500-volt DC applications. Combined with GE’s 4-megawatt (MW) ProSolar 1,500-volt inverter/transformer stations, this development enables power plant engineering design that significantly increases the size of the solar array served by each inverter and reduces the number of inverter/transformer stations required for each plant to convert the power from direct current (DC) to alternating current (AC) and feed electricity to a commercial electrical grid. The resulting plant design maintains high power delivery while lowering installation and maintenance costs.

“This is a significant step in establishing the next generation of utility-scale PV power plants,” said Mahesh Morjaria, First Solar’s vice president of product management. “Partnering with an industry giant such as GE, we are able to take our power plant design to the next level and bring additional value to our customers.” Morjaria also noted that future generations of First Solar modules will increase optimization, benefiting from advances gained in part from the acquisition last fall of GE thin-film PV technology.

“GE is known throughout the industry as an established leader in power generation technology. With our ProSolar inverters, we were able to draw from our experience developing and manufacturing technology for traditional power plants to create a highly efficient solution with industry-leading capabilities,” said Joe Mastrangelo, CEO of GE Power Conversion. “The inverters’ design enables our customers to apply engineering design that significantly increases efficiency of energy production. Together with First Solar, we can help customers get the most out of their solar power systems.”

Morjaria said that First Solar already has identified projects under construction for initial deployment of the new 1,500-volt system. The 4-MW ProSolar 1,500-volt station is the largest inverter in the industry capable of accommodating 1,500-volt DC solar arrays, which is a major factor in utilizing economies of scale by significantly increasing the array size and reducing the number of inverters required by a solar power plant.

About First Solar, Inc.
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

About GE Power Conversion
GE’s Power Conversion business applies the science and systems of power conversion to help drive the electrification of the world’s energy infrastructure by designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future. Serving specialized sectors such as energy, marine, oil and gas, renewables and industry, through customized solutions and advanced technologies, GE Power Conversion partners with customers to maximize efficiency.

This news is courtesy of www.ge.com

MINNEAPOLIS & REHOVOT, Israel — Sept. 10, 2014 — Stratasys Ltd. (Nasdaq:SSYS), a global leader of 3D printing and additive manufacturing solutions, announced today its partnership with FirstBuild. The partnership combines co-creation and micromanufacturing to build and commercialize the next evolution of various GE appliances and accessories by leveraging 3D printing, and other advanced manufacturing processes in an open innovation approach to engineering.
GE Appliances, a subsidiary of General Electric Company (NYSE:GE), in collaboration with Local Motors, established FirstBuild, a new model for the appliance industry that allows concepts to rapidly reach the marketplace. Individuals design and submit ideas, and a community of home enthusiasts, designers, engineers and makers tests out the ideas and creates the products using Stratasys 3D printing technology. FirstBuild will then manufacture and deliver the next generation of major home appliances to customers.
“The prospects of tapping into the hardware innovation scene are very promising,” says Gilad Gans, Stratasys President of North America. “This is an outstanding opportunity to revolutionize the way things are made. This is an open-innovation environment where FirstBuild users will use our cutting-edge technology to accelerate product development phases and create real products.”
Stratasys 3D printers will go to work in the FirstBuild Microfactory located in Louisville, Ky., which is where ideas will come to grow into real products. 3D printing along with woodworking, welding and other tools, will be used to test and build the initial products. The microfactory will produce products and sell them through FirstBuild’s website and retail store, located at the microfactory and through traditional retail channels.
“Incorporating Stratasys’ leading additive manufacturing technology into our microfactory capabilities provides an enormous benefit in both product development and production by saving us time, money and resources,” said Natarajan “Venkat” Venkatakrishnan, Director of FirstBuild and Director of Advanced Technologies for GE Appliances. “It will also give the University of Louisville engineering students and others who work on this equipment at FirstBuild a significant advantage as they pursue jobs in technical fields.”
Watch Venkat, Director of FirstBuild, discuss the new partnership between FirstBuild and Stratasys to rapidly prototype a new generation of home appliances.
Stratasys Ltd. (Nasdaq:SSYS), headquartered in Minneapolis, Minnesota and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. The company’s patented FDM®, PolyJet™, and WDM™ 3D Printing technologies produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. Systems include 3D printers for idea development, prototyping and direct digital manufacturing. Stratasys subsidiaries include MakerBot and Solidscape, and the company operates a digital-manufacturing service, comprising RedEye, Harvest Technologies and Solid Concepts. Stratasys has more than 2,500 employees, holds over 600 granted or pending additive manufacturing patents globally, and has received more than 25 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com.

FirstBuild, a partnership between GE and Local Motors, the open-source hardware innovator, harnesses the expertise and creativity of an online and offline global community that is dedicated to conceiving, engineering and building the next generation of major home appliances. It enables engineers, designers, scientists and home enthusiasts to participate in the development of breakthrough appliances and solve deep engineering challenges. Participants will identify market needs, directly participate in the product development and watch via social media as ideas speed from mind to market at the FirstBuild Microfactory in Louisville, Ky. To learn more about FirstBuild, visit: http://www.FirstBuild.com/.

FDM, Stratasys and Objet are registered trademarks, and Fused Deposition Modeling and PolyJet are trademarks of Stratasys Ltd. and or its subsidiaries or affiliates.

NISKAYUNA, NY & NAGANO, JAPAN – Today, GE Ventures and SHINKO ELECTRIC INDUSTRIES CO., LTD. (SHINKO) announced that SHINKO has been granted a patent license and technology transfer of an advanced embedded packaging solution for power electronics called Power Overlay (POL).This patent license and technology transfer deal, signed in early 2015, is a strategic collaboration between GE and SHINKO in both technology and business development.

Developed by GE Global Research as part of a major GE focus in power electronics research over the last decade, POL has been licensed to SHINKO to industrialize the packaging platform to transition POL for manufacturing efforts to be utilized by GE and others. The platform enables higher efficiency and power density with reduced parasitics, and greatly impacting the power, telecommunications and consumer electronics industries. Power modules designed with POL have proven to have power densities up to 50% higher and efficiency improved up to 10%.

“GE is extremely pleased to work with SHINKO on the commercialization of the POL technology – SHINKO brings world class manufacturing process and ability to transition new technologies to production,” said Pat Patnode, President of Licensing for GE Ventures.

GE Ventures accelerates innovation and growth for partners by providing access to GE technologies and inventions through licensing and joint development partnerships. This advanced microelectronics packaging technology is being licensed to leading global manufacturing partners to provide advanced solutions back to businesses worldwide and also to GE, as part of the GE Store.

“Through SHINKO’s extensive manufacturing knowledge, we will be able to achieve value added solutions in order to positively impact the power electronics industry,” said Masato Tanaka, Corporate Officer, General Manager – Research and Development Div. of SHINKO. “We look forward to these outcomes and collaborating with GE in the future.”

SHINKO is a worldwide semiconductor packaging supplier with diverse technology driven initiatives and industry leading manufacturing capabilities. The company is currently testing the POL packaging platform, with plans to release solutions in 2016.

About GE Ventures
GE Ventures is committed to identifying, scaling and accelerating ideas that will make the world work better. Focused on the areas of software, advanced manufacturing, energy and healthcare, GE Ventures helps entrepreneurs and start-ups succeed by providing access to GE’s technical expertise, capital and opportunities for commercialization through GE’s global network of business, customers and partners. GE Ventures offers an unparalleled level of resources through its Global Research Center, including: 35,000 engineers; 5,000 research scientists; 8,000 software professionals; as well as 40,000 sales, marketing and development resources in over 100 countries. For more information, please visit geventures.com.

NEW YORK – GE Aerospace (NYSE: GE) has announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova spin-off. GE Aerospace now trades on the New York Stock Exchange (NYSE) under the ticker “GE”.

GE Aerospace Chairman and CEO H. Lawrence Culp Jr., said, “With the successful launch of three independent, public companies now complete – today marks a historic final step in the multi-year transformation of GE. I am tremendously proud of our team, their resilience, and their dedication to achieving this defining moment.”

Culp continued, “Building on a century of learning and carrying forth GE’s legacy of innovation, GE Aerospace moves forward with a strong balance sheet and greater focus to invent the future of flight, lift people up, and bring them home safely. With FLIGHT DECK, our proprietary lean operating model, as our foundation, I am confident we will realize our full potential in service of our customers, employees, and shareholders.”

With an installed base of approximately 44,000 commercial engines and approximately 26,000 military and defense engines around the world, GE Aerospace launches as an established global leader in propulsion, services, and systems. The company generated approximately $32 billion in adjusted revenue* in 2023, with 70% generated by services and the strong economics of the engine aftermarket.

At the company’s Investor Day in March, GE Aerospace reaffirmed its 2024 guidance and presented a longer-term financial outlook, including expecting to achieve ~$10 billion of operating profit* in 2028. Additionally, GE Aerospace shared a capital allocation framework to invest in growth and innovation, while also returning approximately 70-75% of available funds to shareholders.

The launch of GE Aerospace represents the completion of GE’s multi-year financial and operational transformation. Over the last several years GE has taken steps to significantly strengthen the business, including more than $100 billion in debt reduction since 2018. Simultaneously, the company-wide implementation and adoption of lean and a relentless pursuit of continuous improvement in service of the customer, enabled a deep and sustainable shift in culture. This stronger foundation enabled the successful creation of three independent companies – GE HealthCare, GE Vernova, and GE Aerospace – each of which are now well-positioned to build upon GE’s history of innovation.

Holders of GE common stock were entitled to receive one share of GE Vernova common stock for every four shares of GE common stock held. For United States federal income tax purposes, the distribution has been conducted in a tax-efficient manner for GE shareholders in the United States.

Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel. Evercore, Morgan Stanley, and PJT Partners were the lead financial advisors on the transaction. The company also received legal advice from DLA Piper and Gibson, Dunn & Crutcher LLP and financial advice from Citibank, The Consello Group, BNP Paribas, and UBS.

Non-GAAP Financial Measures
In this document, we sometimes use information derived from consolidated financial data but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in our earnings releases and the appendix of the GE Aerospace 2024 Investor Day investor presentation, as applicable.

About GE Aerospace
GE Aerospace (NYSE: GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com

TREVOSE, PA.—March 22, 2016—GE (NYSE: GE) and American Water today announced they have formed a new digital initiative to identify and explore advances in the Industrial Internet of Things to help solve pressing challenges in the water industry and help lead the country toward a smarter water future.

GE is the world’s leading digital industrial company, and American Water is the nation’s largest publicly traded water and wastewater utility company. Together, they are collaborating on a digital alliance that will enable the water industry to harness the power of data and analytics to improve national water infrastructure. The digital collaboration announcement is being made in conjunction with today’s World Water Day celebration.

The GE-American Water initiative will include the use of GE’s Predix*, the world’s first and only cloud platform built exclusively for industry that powers the Industrial Internet. The companies will collaborate to develop the next generation of software and data analytics solutions to help the industry reduce the environmental impacts and operating costs associated with water production, treatment, transportation and delivery.

“We are excited to launch our new digital collaboration with American Water by combining our collective expertise in software, water technologies and utility management to help the United States build a more sustainable and secure water future,” said Heiner Markhoff, president and CEO—water and distributed power for GE Power. “We are developing software, advanced predictive analytics and diagnostic tools that will give operators the real-time data they need to better manage their critical water infrastructure assets 24 hours a day.”

“These are critical times for our nation’s water infrastructure. For 130 years, American Water has been a trusted guardian of water sources and a leader in the industry, providing capital resources, research, innovation and new technologies,” said Susan Story, president and CEO, American Water. “We’re proud to collaborate with GE in seeking new and innovative ways to use data analytics to continue our tradition of providing solutions to our nation’s water challenges.”

About American Water
Founded in 1886, American Water (NYSE: AWK) is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. Marking its 130th anniversary this year, the company employs more than 6,700 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found at www.amwater.com.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power
GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

Schenectady, NY — Building on several years of work with Cascade Technologies, Inc., GE (NYSE:GE) has announced a multi-year joint development agreement with this Palo Alto-based company. The collaboration will focus on applying and improving simulation software that enables engineers to virtually look inside a gas turbine as it operates and gain a better understanding of the turbulent fluid, chemical and acoustic processes occurring within advanced, low-emissions gas-turbine combustion systems.

“The global energy industry looks to GE as a leader in high efficiency, with current HA gas turbines designed to deliver more than 61 percent combined cycle efficiency. The enhanced simulation and visualization capabilities enabled by our collaboration with Cascade can help us deliver even higher efficiency and lower emissions in the next generation of gas turbines,” said John Lammas, vice president, power generation engineering at GE Power and Water. “Together, we’re working to deliver better products, faster.”

“GE is leading the industry by deploying this technology in their engineering,” said Frank Ham, president and CEO, Cascade. “The simulation is like a modern-day digital microscope that allows GE engineers to interrogate the combustion process in ways that were not previously possible. Seeing these details is helping GE gain critical knowledge in how they can continue to improve their gas turbines.”

The gas turbine combustion process involves multiple steps at high speed. Compared to other digital modelling techniques, Cascade simulation software enables better visualization of the combustion process so engineers can understand more about the subtle changes that occur. It’s like looking at the world through a slow-motion video versus a time-lapse snapshot.

This visualization is made possible by unique code software that can be scaled to run on national laboratory super-computers and at other high-performance computing facilities. The code allows GE and Cascade teams to simulate the combustion process with microsecond time fidelity and sub-millimeter resolution, while generating petabytes of data.

Such an unprecedented amount of information combined with proprietary web-based analysis tools can help shorten the path between simulations and engineering insight. During a typical two-year development cycle, engineers utilizing the full potential of the software can iterate on a design up to ten times faster to accelerate learning and improve the design.

“Working with GE’s advanced engineering design, Cascade can have the most impact by both improving the software and helping GE improve the gas turbine technology iteratively,” said Ham. “By providing information that goes into design decisions, we can help improve efficiency, lower emissions and increase durability in future products.”

About GE
GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

For more information, visit the company’s website at www.gepower.com and http://powergen.gepower.com.

Follow GE Power & Water and GE Power Generation on Twitter @GE_PowerWater and @ge_powergen, and on LinkedIn.

About Cascade Technologies, Inc.
Cascade Technologies, Inc. develops, markets and supports high fidelity Large Eddy Simulation (LES) and Computational Fluid Dynamics (CFD) analysis tools for engineering applications across industries. The company grew out of a need to bridge between fundamental research in LES and its application in industries. The team consists of PhDs with deep experience in fluid and thermal sciences, physical modeling, numerical analysis, high-performance computing and computer science. Many are alumni of Stanford University’s Center for Turbulence Research, and the DOE’s Advanced Simulation and Computing programs at Stanford. For more information, visit the company’s website at www.cascadetechnologies.com.

Madrid, Spain: GE Vernova announced today that it has signed a framework agreement with Forestalia to install up to 693 MW of onshore wind turbines across 16 future project sites throughout the Aragon region in Spain. Through this exclusive framework agreement, 110 of GE’s 6.1-158 wind turbines will be installed in six phases near Zaragoza. The first phase is already underway with 33 wind turbines to be installed at five wind farms. The deal builds on the success of the previous agreement signed in 2016 and expands GE’s largest wind collaboration in Spain.

Vic Abate, Chief Technology Officer, GE, and CEO, GE Vernova’s Wind segment, said, “We are delighted to be extending our ongoing cooperation with the Forestalia team. This agreement will bring a significant pipeline of new projects through 2024 in Aragon, a region where we have commissioned more than 1.5 GW of wind energy to date. We are proud to play a key role in driving Spain’s energy transition effort, and look forward to bringing more renewable, sustainable, and affordable energy to the country.”

Fernando Samper, president of Forestalia, expressed his “enormous satisfaction with this new agreement, which reinforces the intense collaboration between GE and Forestalia shown over all these years.” “This deal will help us take a further step towards our goal of achieving 1.2 GW in operation in Forestalia’s own portfolio, under direct management, for the benefit of the socio-economic development of the territory hosting the projects, and also for a greater decarbonization of the economy,” highlighted Fernando Samper.

The total installation covered by the framework agreement will be made up of 110 GE 6.1-158 workhorse turbines – 33 turbines with 101M hub heights, and 77 turbines with 120.9M hub heights. All deliveries are scheduled to be completed by the end of 2024.

The partnership between GE and Forestalia reached an important milestone in 2022, with the signature of GE’s first European Power Purchase Agreement (PPA) from the Coto wind farm in Spain, owned by Forestalia. The PPA is a key component of GE’s plan to achieve carbon neutral operations by 2030, while enabling new renewable energy generation to come online to help decarbonize the economy. (News release: GE Renewable Energy to reduce its carbon footprint in Europe through a Power Purchase Agreement with Forestalia | GE News)

GE Vernova has received nearly 10 GW of orders and amassed more than 4 million operating hours globally for this turbine platform. Powerful, efficient and reliable, the 6.1 MW turbine has over 1,200 units in operation, making it the most-deployed 5 MW+ onshore wind turbine across all OEMs with > 5 MW nameplates. It is one of several workhorse turbines that bring together focused design, efficient supply, reduced complexity, improved reliability, and bankability to offer best-in-class products.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. GE Vernova’s Onshore Wind business is a world leader in onshore wind technology. With an installed base of approximately 57,000 turbines around the world, it offers a high-tech product portfolio of turbines for a broad range of site conditions.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

About Forestalia
Forestalia promotes, develops, and builds projects in wind energy, photovoltaics, electric generation through biomass, and pellet production. Forestalia has driven and participates in a portfolio with an operational capacity of over 2 gigawatts (GW), with a socially responsible vision aligned especially with the rural areas where the facilities are located.

Forestalia, besides growing its own portfolio which will exceed an installed capacity of 1.2 gigawatts for direct management in the coming years, develops projects that will contribute to achieving clean energy deployment goals in territories with high industrialization, such as Catalonia, the Basque Country, or the Valencian Community. These projects total around 8 GW.

Among the projects promoted and developed by Forestalia for construction and operation by other operators, notable ones include parks for Repsol, Copenhagen Infrastructure Partners (CIP), Lighsource BP and Bruc Management, totaling more than 4 GW, with the majority already in operation.

RIYADH, SAUDI ARABIA— —GE (NYSE: GE) has signed a cooperative research agreement with King Abdullah University of Science & Technology (KAUST) to undertake cutting-edge research on enhancing the fuel flexibility of GE’s advanced gas turbines.

The collaborative research, led by Saudi-based international professionals and students from KAUST along with GE’s global team, will focus on the impact of using heavy liquid fuels on advanced gas turbines. The goal of this groundbreaking study is to help advance the overall fuel flexibility of gas turbines, which in turn can positively impact power plant availability, enabling power producers to meet the growing demand for electricity in the Kingdom.

According to Bill Roberts, director, KAUST Clean Combustion Center, the university’s cooperative research with GE is a strong example of the academic-industry linkages KAUST fosters.

“Our goal is not only to shape a future generation of energy and industry-skilled professionals, but also contribute to innovative technologies that are developed in the Kingdom,” Roberts said. “The research collaboration with GE will further strengthen our contribution to the Kingdom’s energy sector.”

The collaborative research project, scheduled to begin this year, is co-funded by GE and KAUST. Research results will be evaluated by GE experts to determine feasibility.

“This is a great opportunity to engage in collaborative research for an important aspect in advancing the energy sector of the Kingdom and supports the Ministry of Petroleum’s Liquid Hydrocarbon Energy initiative,” said Hisham Al Bahkali, GE president & CEO for Saudi Arabia and Bahrain. “Strengthening the fuel flexibility of GE’s advanced gas turbines will have far-reaching benefits for our partners in the electricity generation sector. Working with the KAUST team demonstrates our commitment to promote localized innovation, which is central to operations in the Kingdom. By sharing knowledge and potentially creating new technologies, we can contribute to increasing productivity and efficiency at the power plants in the Kingdom.”

The collaborative research agreement is further proof of GE’s commitment to find ways to increase fuel flexibility across power plants and refineries in the Kingdom. It also complements the concerted efforts of GE to build an innovation-led ecosystem, underlined by the research initiatives at the Saudi GE Innovation Center in in Dhahran Techno-Valley. The center works with and through the national ecosystem with localization being the main focus. The facility works on customer business priorities, needs and issues that address the country’s challenges.

GE’s advanced F-class gas turbines are the first to offer customers the ability to operate on crude oil. In December 2013, Saudi Electricity Company (SEC) and GE successfully field tested the first F-class gas turbine at Power Plant (PP) 11 operating on Arabian Super-Light (ASL) crude oil. GE’s latest 7F.05 gas turbines are expected to be commissioned on ASL as a backup fuel on projects such as SEC’s PP12 as well as SEC’s recently announced “Green Duba” Integrated Solar Combined Cycle Plant.

Join the conversation at our GE Hewar blog: http://middleeast.geblogs.com/

About KAUST
King Abdullah University of Science and Technology (KAUST) is an international, graduate-level research university located on the shores of the Red Sea in Saudi Arabia. KAUST is dedicated to advancing science and technology through interdisciplinary research, education and innovation. Curiosity driven and goal-oriented research is conducted by students, faculty, scientists and engineers to address the world’s pressing scientific and technological challenges related to food, water, energy and the environment.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

For more information, visit the company’s website at www.gepower.com and http://powergen.gepower.com.

New York, NY: GE ecomagination and Aramco Entrepreneurship today launched an open global technology challenge to accelerate the development of solutions focused on improving the energy efficiency of seawater desalination. The US$200,000 challenge will be awarded to four winners with a prize of US$50,000 each, and further investments towards commercialization of the best ideas among all submissions will be considered.

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs. The global production of desalinated water uses approximately 75.2 terawatt-hours of electricity per year, enough to power nearly 7 million homes. The goal of this challenge is to identify novel ways to lower these costs around the world, either through technology advances, process improvements, or both.

Nabil Al-Khowaiter, Aramco Entrepreneurship’s Director of Special Projects, stated that “Finding a more efficient method of desalinating seawater will be a game-changer in our collective pursuit of a more sustainable energy future across the globe. Due to increased water scarcity, countries around the world are poised to rely more and more heavily on desalination as a means to provide fresh water. With current techniques, this increased reliance could contribute dramatically to increased energy use. Aramco Entrepreneurship is partnering with GE not only to identify new solutions to lowering desalination costs, but also to invest in and attract new technologies and industries to Saudi Arabia.”

Deb Frodl, GE’s global executive director, ecomagination said, “GE ecomagination is investing to speed up the development of more sustainable solutions for water desalination. Through this challenge, we hope to inspire scientists, engineers, entrepreneurs, and innovators around the world to bring their talents to this effort and help drive greater outcomes for customers.”

The open innovation challenge aims to identify new solutions to lower total desalination costs and emissions through: cleaner energy sources; incorporating advanced materials; and integrating processes better. Solutions must be innovative, impactful, feasible and scalable across the globe.

Entries are being immediately accepted at www.ninesights.com/community/ecomagination. The deadline to submit entries is July 16, 2014, and winners will be announced in November 2014.

The challenge is the fifth ecomagination open innovation challenge since ecomagination launched in 2005. GE has a successful history with open innovation challenges; most recently launching an advanced manufacturing challenge to use 3D printing to improve the production of a GE aircraft engine bracket and two healthcare challenges to advance work in breast cancer and traumatic brain injury diagnosis.

Since its 2005 launch, ecomagination — the company’s commitment to technology solutions that save money and reduce environmental impact for its customers and GE’s own operations — has generated more than US$160 billion in revenue. GE’s own operations have seen a 34 per cent reduction in greenhouse gas (GHG) emissions since 2004 and a 47 per cent reduction in freshwater use since 2006, realizing US$300 million in savings. Building off this success, in February 2014, GE renewed its ecomagination focus by committing to reduce GE’s GHG emissions and freshwater use by 20 per cent, from the 2011 baseline, by 2020 and announcing the continuation of GE’s R&D investment committing to invest US$10 billion additional in ecomagination technologies to reach a total investment of US$25 billion by 2020.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. www.ge.com.

About Aramco Entrepreneurship
The Saudi Aramco Entrepreneurship Center (Aramco Entrepreneurship) is a wholly owned subsidiary of Saudi Aramco, which supports high impact entrepreneurs and small and medium-sized enterprises (SMEs) by providing non-collateralized loans through its Wa’ed loan program and equity investments through its Wa’ed VC program. www.waed.net

This news is courtesy of www.ge.com

California, USA – GE (NYSE: GE) and Southern California Edison (SCE), an Edison International (NYSE: EIX) company today unveiled the world’s first battery-gas turbine hybrid system in Norwalk, California. This is the first of two units that GE has delivered for SCE only months after announcing initial deployment plans of this innovative technology.

This system, called the LM6000 Hybrid Electric Gas Turbine (Hybrid EGT)* supports SCE’s increasing renewable energy capacity by providing quick start, fast ramping capabilities when they are needed. The unit integrates a 10 MW/ 4.3 MWh battery energy storage system capable of immediately providing power with GE’s proven 50MW LM6000 aeroderivative gas turbine.

Among the speakers that attended the event were Mary Nichols, Chair, California Air Resources Board (CARB), Jill Whynot, Deputy Executive Officer, Operations South Coast Air Quality Management (SCAQMD) and Tom Doughty, Vice President, California Independent System Operator (CAISO).

“The new system will help SCE better utilize the resources on the grid, provide enhanced reliability, reduce environmental impact, and reduce cost for our operations and for our customers,” said SCE President Ron Nichols. “This technology also allows us to continue to expand our use of solar, wind and other renewable resources.”

GE and SCE developed this system in response to changing energy needs in California. The state has committed to derive 50 percent of its electricity from renewable sources by 2030. The Hybrid EGT helps balance variable energy supply and demand, including during evening hours when the sun sets and solar power production falls while electricity usage surges as customers return home and turn on lights and appliances.

At the heart of the Hybrid EGT is a groundbreaking control system which seamlessly blends output between the battery and the gas turbine. The energy storage capacity of the battery has been specifically designed to provide enough time coverage to allow the gas turbine to start and reach its designated power output. As a result, the system does not need to burn fuel and consume water in stand-by mode to be able to dispatch power immediately when demand surges.

“As the electrical grid network continues to evolve, with more intermittent renewables being added every day, products like the Hybrid EGT can help smooth out the delivery of electricity,” said Reinaldo Garcia, President and CEO of Grid Solutions from GE Energy Connections. “Storage and the ability to quickly push power to the grid also play a key role in emergency situations, dispatching energy immediately to the grid ensuring that we are able help keep the lights on for everyone.”

This innovative combination, along with new emission controls, provides enhanced flexibility in the operation of the peaker while at the same time reducing greenhouse gas emissions and air pollution by 60 percent. In addition, demineralized water consumption will be reduced by approximately 45 percent, saving two million gallons of water annually and increasing the life of the equipment.

Paul McElhinney, President & CEO for GE Power Services added, “We worked with SCE to address a very specific need, but this solution has applications that go far beyond. We look forward to working with customers to develop tailor-made solutions that will allow them greater flexibility when incorporating renewable energy and other quick power needs.”
About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

São Paulo – GE Renewable Energy announced today that it has been selected by Rio Energy for the production, delivery, installation and commissioning of 30 Cypress onshore wind turbines, operating in a range from 4.8 MW to 5.1 MW. This is the second contract signed by GE and Rio Energy in Brazil, and GE’s second Cypress announcement in the country.
The turbines will be installed at Rio Energy’s Serra da Babilonia wind farm — located near the municipalities of Morro do Chapéu, Ourolândia, and Várzea Nova (at the State of Bahia) — and will add approximately 150 MW to the wind farm complex, which currently has 223.25 MW of installed capacity. The turbines will be the first Cypress units manufactured and delivered in Brazil, and are expected to be installed in the last quarter of 2020.
Vikas Anand, GE Renewable Energy’s CEO for Onshore Wind, Americas, said: “We are delighted that Rio Energy has selected GE’s Cypress platform for the Serra da Babilonia wind farm in Brazil. Rio Energy has been key to supporting Brazil’s renewable energy goals, and we are proud to work with them to help provide renewable, sustainable energy across the region”.
Several key components of these Cypress units will be manufactured in Brazil, including assembly at GE’s facility in Camaçari (BA) and blades produced by LM Wind Power in the Port of Suape (PE). Announced last year, GE’s Cypress is the most powerful onshore wind turbine in operation today. It enables significant Annual Energy Production (AEP) improvements, increased efficiency in serviceability, and ultimately more value for customers.
Marcos Meireles, Rio Energy’s CEO, said “We are very excited to install the first GE’s Cypress wind turbines in Brazil. This agreement reinforces our commitment to help grow Brazil’s installed base, by investing not only in adding new turbines, but also introducing a new technology to advance onshore wind in Brazil.”
The contract also includes a ten-year operation and maintenance (O&M) agreement for all equipment supplied by GE at the wind farm, with the potential to extend to 20 years.
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About GE Renewable Energy
GE Renewable Energy is a $15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.
Follow us at www.ge.com/renewableenergy, on www.twitter.com/GErenewables or on www.linkedin.com/company/gerenewableenergy.
About Rio Energy
Rio Energy is a platform for the development, construction, and operation of power generation assets in Brazil. The company currently owns a portfolio of 830MW of wind power plants in commercial operation and under or near construction and a greenfield project pipeline over 2GW. Rio Energy is committed to a sustainable future, applying the highest quality standards, while creating both social and economic value for local communities and stakeholders. For more information, please access www.rioenergyllc.com

ATLANTA, GA — GE (NYSE: GE) today announced new options for further emission reductions technologies are now available for its LM25000XPRESS aeroderivative gas turbine fleet worldwide following successful installation on gas turbines in Colorado. This announcements comes on the heels of GE’s announcement of the world’s first technical solution on four TM2500* aeroderivative gas turbines deployed at the Department of Water Resources’ (DWR) sites in Yuba City and Roseville to reduce nitrogen oxide (NOx) and carbon monoxide (CO) emissions by over 90%, surpassing World Bank Emissions Standard.

Catalytic Oxidation Reduction (COR) emissions control technologies—an efficient way to control harmful CO emissions—were installed for the first time for this turbine fleet at Colorado Spring Utilities’ Martin Drake Power Plant.

“This project marks the first installations of COR emissions control technologies on a GE LM2500XPRESS units globally, a further demonstration of our momentum to provide fast, flexible, and now more sustainable power through our leading aeroderivative gas technology,” said Aman Joshi, General Manager at GE Gas Power’s Aeroderivative Business. “Power plant operators, like Colorado Spring Utilities, are helping to drive down emissions while not compromising reliability and affordability of electricity for their own customers, and GE is proud to collaborate with them on these latest projects. GE’s aeroderivative gas turbine fleet play an important role in the energy transition and the availability of these emissions solutions can meaningfully enhance the overall reduction of greenhouse gas emissions.”

Colorado Spring Utilities’ Martin Drake Power Plant

GE and Colorado Spring Utilities announced the successfully installation of a Catalytic Oxidation Reduction (COR) emissions control technology on each of the six GE LM2500XPRESS* aeroderivative gas turbines powering the community-owned Martin Drake Power Plant in Colorado Springs, Colorado. The emissions control technology is expected to effectively reduce carbon monoxide (CO) emissions up to 50 percent.

In 2021, Colorado Spring Utilities purchased the six GE LM2500XPRESS units to provide safe, affordable, and reliable generation to support the increased use of renewable solar and wind power, help better integrate renewable energy sources, and accelerate the retirement of the company’s coal-fired power plant.

“We retired our Martin Drake coal-fired plant 12 years earlier than previously planned, in part due to the addition of these six natural gas units,” said Travas Deal, Chief Executive Officer at Colorado Spring Utilities. “Compared to the high operations and maintenance costs to keep a 100-year-old, coal-fueled power plant running, these new natural gas generating units are efficient, offer low emissions, are dual fuel capable, can start up quickly, occupy a small footprint and provide significant operational cost savings. They will go a long way in helping us meet an 80% reduction in carbon emissions by 2030, while maintaining the resiliency and reliability of our electric grid.”

The emissions control technologies installed on GE’s new 34-megawatt (MW) LM2500XPRESS units equipped with an advanced dry low emission (“DLE”) combustion system and an oxidation catalyst are expected to reduce CO emissions from these units down to approximately 6 ppm.

In addition, Selective Catalytic Reduction (SCR) systems are available for GE LM25000XPRESS aeroderivative gas turbine fleet worldwide to reduce emissions of both carbon monoxide (CO) and nitrogen oxides (NOx) by over 90%.

About GE Gas Power
GE Gas Power, an integral part of GE Vernova, is a world leader in natural gas power technology, services, and solutions. Through relentless innovation and continuous collaboration with our customers, we are providing more advanced, cleaner, and efficient power that people depend on today and building the energy technologies of the future. With the world’s largest installed base of gas turbines and more than 670 million operating hours across GE’s installed fleet, we offer advanced technology and a level of experience that’s unmatched in the industry to build, operate, and maintain leading gas power plants. For more information, please visit www.ge.com/power/gas and follow GE’s gas power businesses on Twitter and LinkedIn.

GE Vernova is a dynamic accelerator comprised of our Power, Renewable Energy, Digital and Energy Financial Services businesses, focused on supporting customers’ transformations during the global energy transition.

About Colorado Springs Utilities
For generations, Colorado Springs Utilities has provided electricity, natural gas, water and wastewater services to the Pikes Peak region. As a community-owned utility, its customers enjoy competitive prices, exceptional hometown service, responsible environmental practices and a voice in how their utility operates. Learn more at csu.org.

LUANDA, ANGOLA — —GE (NYSE: GE) today announced an order from AE Energia for fast, digital power in Angola. The order includes seven TM2500 mobile aeroderivative gas turbine generator sets, services agreements and digital solutions for PRODEL, the state-owned company responsible for power production. The TM2500 units will be installed in Namibe, Huila and Cuando Cubango provinces and will be capable of providing the remaining 200 megawatts (MW) of power for the government to achieve a targeted one gigawatt (GW) of electricity by end of 2018. Today’s announcement comes on the heels of AE Energia and GE’s ongoing work together at the Soyo 750 MW combined cycle power plant, as well as six units of GE’s 2016 TM2500 project in Angola being connected to the grid earlier in April.

“Our industry-leading TM2500 units deliver reliable and efficient power with speed, and with the addition of these seven units up to an additional 15 percent of the population of Angola can gain access to electricity,” said Scott Strazik, chief commercial officer of GE’s Gas Power Systems business. “We are very proud to help achieve this significant milestone and look forward to continuing to support Angola’s ambitious energy goals in the years to come.”

Angola’s national grid, built in the 1970’s, is now aging and in need of upgrade and rehabilitation as the grid is currently able to provide electricity to only about 30 percent of the population. The TM2500 generator set, which is trailer mounted and can be installed faster than traditional power plants, is ideally suited to meet Angola’s energy needs. Together, the seven units will be used for grid stability in existing plants as well as provide electricity to off-grid communities.

GE will provide the generating equipment, installation, commissioning, fuel treatment solution, spares and electrical balance of plant to PRODEL. The order’s multi-year service agreements for up to nine TM2500 generator sets will support optimum performance, efficiency and reliability of the equipment for a period of six years. The services agreements also include GE’s Predix* based Asset Performance Management (APM) software, which was deployed for the first time in aeroderative gas turbines with the Marubeni project in Japan in April 2017. GE’s APM software leverages data analytics to monitor power generation and transmission equipment health to predict potential failures and thereby reduce unplanned downtime by up to 5%, lower operations and maintenance costs, and lower operational risks.

AE Energia, a leading Angolan promoter, integrator and implementation partner, will oversee the project execution with GE in the region to ensure seamless execution in delivering to PRODEL. “AE Energia will collaborate with GE on the project execution and work on behalf of the Angolan government to connect the best global power company with the local private sector power company delivering capability in Angola,” said Ricardo Machado, CEO of AE Energia. Our goal is to ensure the country gets full value for money as we provide the local know how to support GE in every phase of this power project responding to the national priorities for the energy sector.”

GE and the Angola Ministry of Energy and Water signed a Memorandum of Understanding (MoU) in 2014 to achieve the country’s additional electric power generation capacity target of 2000 MW. Currently GE technology is responsible for approximately 50 percent of Angola’s electricity generation, and today’s announcement represents another phase of the implementation of the GE Power for Angola program. GE delivers across the entire energy ecosystem for Angola’s national development, from generation to transmission and distribution as well as long term service guarantees.

GE has been operating in Angola since 1967. Today, GE employs more than 500 people in Angola, in businesses spanning across key sectors including oil and gas, power, water and rail transportation.

*Predix is a trademark of General Electric Company

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power
GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.
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PARIS—GE Power (NYSE: GE) was selected by Alco Bio Fuel, one of Belgium’s major biorefineries, to deploy its Predix*-based Asset Performance Management (APM) solution to future-proof the refinery’s power-generation unit’s refinery field operations. The service contract will last for 10 years, and GE will also be responsible for providing on-site service support.

When an electric rotating machine (ERM), such as the generator in the power-generation unit, fails, the consequence can be significant. Digital transformation is a necessary and inevitable step to improve operational efficiency and reduce risks of power outages.

Traditionally, vibration sensors are used to detect failures in rotating machines, but their ability is limited to detecting mechanical failures only, neglecting common electrical failures. Industry advancements in big data analytics and new software applications such as GE’s Predix-based APM solution, combined with new sensing techniques, have enabled new ways to more effectively monitor and fine-tune the performance of an ERM.

GE’s APM solution, powered by Predix, the application development platform for the Industrial Internet, connects, monitors and provides predictive analytics to the generator inside the plant. When deployed, it will collect data from electric sensors built into the generator asset.

The APM application analyzes streams of data with key intelligence about the health and performance of the generator asset while searching for signs of mechanical or electrical anomalies, which may lead to potential failure or inefficiency. These insights can, in turn, help operators to fine-tune parameters of the generator to improve its performance. More importantly, it will allow operators to solve potential problems before they occur, reducing costly unplanned downtime, mitigating risk and improving productivity. The data-driven operation method will also enable predictive maintenance, which means fixing machines before failures arise, without wasting time servicing them on a fixed schedule, and it will reduce excessive maintenance costs.

“The need for production efficiency has opened up new opportunities to use digital technologies to accelerate field automation and improve plant productivity. Enabling this shift to data-based intelligence to reap additional value should be the focused strategy for companies to sustain their competitiveness. We are pleased to work with Alco Bio Fuel to digitally transform their way of operations,” said Azeez Mohammed, president & CEO, GE’s Power Conversion business.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. To learn more, please visit www.ge.com.

About GE Power
GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. We are transforming the electricity industry by uniting all the resources and scale of the world’s first Digital Industrial company. Our customers operate in more than 150 countries, and together we power more than a third of the world to illuminate cities, build economies and connect the world.

NAIROBI, KENYA – GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa. Kipeto Energy Plc’s (“Kipeto”) 100-megawatt (MW) wind power project is located south of Nairobi, in Kajiado, Kenya.

GE Renewable Energy will provide 60 of its highly efficient GE 1.7-103 turbines to the Kipeto project, providing power to the equivalent of approximately 40,000 homes in the region. The 100MW Kipeto wind power project will provide clean energy to the national grid as a significant contribution to Kenya’s Vision 2030 and Big Four Agenda. The project is expected to reach commercial operation in 2020.

Peter Wells, GE’s Onshore Wind Regional Director for Europe and Sub-Saharan Africa, said: “GE is incredibly proud to be a part of this exciting endeavor. The Kipeto project is an important step forward in providing affordable, reliable clean energy to the region, and meeting Kenya’s renewable energy goals. We look forward to working with our partners on the journey for years to come.”

The Kipeto wind power project, which reached financial close yesterday, is funded by equity from Actis and a Kenyan company, Craftskills Wind Energy International, alongside senior debt from the Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution (DFI).

Subha Nagarajan, Managing Director, GE EFS’ Global Capital Advisory, said: “Kipeto represents our ability to identify and connect capital from leading government agencies to emerging markets, and enable construction of GE’s wind projects in new markets. The project lays foundation for cleaner and more reliable energy for the local communities in the future.”

GE Renewable Energy will also provide operations and maintenance services for the wind turbines. The Kipeto project was originally conceived by Craftskills Wind Energy International, with support from GE. AIIM and IFC InfraVentures co-developed the project with Craftskills from 2014 until early 2018, executing a 20-year Power Purchase Agreement (PPA) with Kenya Power and Lighting in 2016.

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About GE Renewable Energy
GE Renewable Energy is a $10 billion business with an innovative spirit and entrepreneurial mindset, bringing together one of the broadest energy products and digital services portfolios in the renewable energy industry. Combining onshore and offshore wind, blades, hydro and innovative technologies such as hybrid systems and concentrated solar power, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 80 countries, GE Renewable Energy is working on new ways to power the world’s biggest economies and most remote communities.
Follow us at www.ge.com/renewableenergy or on twitter @GErenewables

About GE Energy Financial Services
A strategic GE Capital business, GE Energy Financial Services is a global energy investor with 35+ years managing assets through multiple energy cycles. Drawing on its technical know-how, financial strength and strong risk management, GE Energy Financial Services invests in and provide capital solutions for long-lived and capital-intensive projects and companies that help meet the world’s energy needs. It is headquartered in Connecticut with regional hubs in London, Houston, Washington D.C., Hong Kong and Nairobi.

Paris, FRANCE – March 29, 2021 — A specially formed consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine today announced they have been awarded the full contract to supply a state-of-the-art high voltage direct current (HVDC) transmission system for Sofia, one of the world’s largest offshore wind farm projects. Once operational, Sofia, located in the North Sea 195 kilometers off the coast of the North East of England, will be able to generate enough wind energy to meet the electricity needs of almost 1.2 million average UK homes.

The HVDC transmission system represents Sofia’s second largest contract and will include the design, manufacture, installation, commissioning and maintenance of the offshore converter platform and the onshore converter station, including all ancillary equipment. Construction of the wind farm is set to begin onshore at its Teesside converter station site this year, with offshore construction expected to get underway in 2023. Teesside, an ideal location to serve the vast offshore wind potential of the North Sea, will also be the future home of GE Renewable Energy’s new blade manufacturing plant.

GE’s Grid Solutions will be leading the consortium for the engineering, procurement, construction and installation of the system’s two HVDC converter stations capable of transmitting 1,320 megawatts (MW) of power at 320 kilovolts (kV). The offshore converter station will be the most powerful ever built and will be installed 220 kilometers from shore, which will also make it the most remote.

The selection of the consortium is positive news for the UK as a significant percentage of all the primary HVDC equipment will be manufactured at GE’s Grid Solutions’ Stafford facilities in the West Midlands, which employ more than 1,000 workers.

Sven Utermöhlen, Chief Operating Officer Wind Offshore Global of RWE Renewables said: “Signing this contract with the consortium of GE’s Grid Solutions and Sembcorp Marine for the supply of Sofia’s HVDC electrical system reflects RWE’s strong commitment to innovation and to pushing the boundaries of what is capable within the sector. The 1.4GW Sofia project is our first to use the HVDC technology, which was selected to maximize the wind farm’s export capacity from a location so far from shore. We are delighted to be working with such a strong pairing on the delivery of this flagship project located on the remote Dogger Bank, in the middle of the North Sea.”

The project will be based on GE Grid’s latest HVDC technology, which utilizes its second-generation voltage source convertor valve, and will also feature the first application of its state-of-the-art eLumina™ HVDC Control System. eLumina is the industry’s first HVDC solution to use a digital measurement system fully based on International Electrotechnical Commission (IEC) 61850, an important international standard defining communication protocols for intelligent electronic devices at electrical substations.

“As the HVDC consortium leader for the Sofia Offshore Wind Farm, we are excited to move ahead with this project,” said Raj Iyer, Grid Integration Leader at GE’s Grid Solutions. “The award of Sofia and operational success of DolWin3 offshore wind HVDC last year are evidence that GE’s Voltage Source Converter technology is now well established, and that GE has the ability to commercially deliver on this latest and most advanced HVDC technology.”

Construction of the offshore converter platform will start this year and will be designed, built, installed and commissioned by Sembcorp Marine. Located at the heart of the wind farm, it will comprise a 17,000-ton topside and a jacket foundation structure piled into the seabed. The onshore converter station will convert the electricity generated by the wind farm to 400 kV alternating current (AC), before it enters the UK national grid.

Samuel Wong, Head of Sembcorp Marine Offshore Platforms said: “Sembcorp Marine is excited to work on this mega-project with GE Renewable Energy’s Grid Solutions to support RWE Renewables’ Sofia Offshore Wind Farm project to augment its supply of wind energy in the UK. We are grateful to RWE for its vote of confidence in Sembcorp Marine’s capabilities and outstanding track record of delivering offshore platforms to major field developments in Europe and Asia.”

For more information about Sofia visit: www.sofiawindfarm.com

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About Sofia Offshore Wind Farm
Sofia is the largest project in RWE Renewable’s current development portfolio with a generating capacity of up to 1.4 gigawatts (GW). The wind farm site is located 195 km off the coast of the North East of England and on the shallow central area of the North Sea known as Dogger Bank. Once operational, Sofia will be able to generate enough green energy to meet the electricity needs of almost 1.2 million average UK homes.

About GE’s Grid Solutions
Grid Solutions, a GE Renewable Energy business, serves customers globally with over 13,000 employees. Grid Solutions provides power utilities and industries worldwide with equipment, systems and services to bring power reliably and efficiently from the point of generation to end power consumers. Grid Solutions is focused on addressing the challenges of the energy transition by enabling the safe and reliable connection of renewable and distributed energy resources to the grid. For more about GE’s Grid Solutions, visit www.gegridsolutions.com.

About Sembcorp Marine
Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine’s solutions focus on the following areas: Renewables; Process; Gas; Ocean Living and Advanced Drilling Rigs.

Sembcorp Marine’s customers include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. They are supported by four commercial units: Rigs & Floaters; Repairs & Upgrades; Offshore Platforms and Specialised Shipbuilding. Sembcorp Marine operates shipyards and other facilities in Singapore, Indonesia, the United Kingdom, Norway and Brazil. Discover more at www.sembmarine.com.

SAN RAMON, Calif. – GE Digital today unveiled the latest updates to its industry-leading digital plant software portfolio: Proficy Plant Applications, Proficy Operations Hub, Proficy Historian, and Proficy CSense. This mission-critical software accelerates digitization for industrial organizations by supporting the digital worker as part of infrastructure modernization, enterprise visibility and scalability, and continuous improvement of operations.

“Building from our rich heritage of technology, experience and deep, long-term customer partnerships, GE Digital has invested heavily to deliver new innovations such as a modern and mobile user experience; our single, seamless MES for process, discrete and mixed manufacturing environments; and instant upgrades across an enterprise,” said Richard Kenedi, General Manager Manufacturing and Digital Plant for GE Digital. “As one of the world’s largest manufacturers, GE understands the importance of a digital foundation for continuous improvement and Lean to bring truly transformative results to our business and our global manufacturing and digital plant customers.”

“The COVID-19 pandemic greatly accelerated the need for solutions that support the new normal, as social distancing, remote operations, and supply chain issues have completely upended plants and factories,” according to Craig Resnick, Vice President at ARC Advisory Group. “This requires deploying MES, HMI/SCADA, historian, and analytics solutions capable of visualizing operations, analyzing data, and optimizing production, then providing that smart information in real time to the appropriate personnel regardless of their location so they can respond quickly and correctly without any detriment to performance.

GE Digital’s software upgrades address these new normal requirements directly and will help to further enable organizations to deploy their new digital workforce.”

Key developments

Proficy Plant Applications is the industry’s first Manufacturing Execution System (MES) that seamlessly spans process, discrete and mixed manufacturing environments, allowing manufacturers to efficiently deploy one MES across their enterprise rather than multiple, disparate solutions – reducing costs and time while increasing consistency and collaboration. Based on 25+ years of development, this proven MES maximizes overall equipment effectiveness (OEE), improves production scheduling, and ensures product quality by leveraging real-time production data.

New features in Version 8.1 include:

• Core process, discrete, and mixed manufacturing enhancements such as loT-based discrete work order execution, non-conformance tracking, and in-process work order editor
• Instantaneous upgrades with Docker containerization technology
• Expanded native HTML5 content to include Production Schedule for executing process orders and Waste Management

“Proficy Plant Applications 8.1 is taking us to the next phase of our migration to a single shop floor MES,” said Robert Amos, Senior Director, Technical Product Management for GE Aviation. “We are currently setting up the integration to our Oracle ERP which will make this a truly enterprise application. Key features like the expanded Non-Conformance capabilities will allow us to further consolidate our quality applications, which in turn allows us to achieve our goal of minimizing the number of applications on the shop floor. In addition, the continued evolution and new web displays will allow our shop floor employees to work more efficiently and with better quality in their jobs. We are in the middle of a complete redesign of our Supply Chain to modernize our platforms and consolidate those applications, and Proficy Plant Applications will be a pillar in that system.”

Proficy Operations Hub, a modern centralized environment for rapidly building industrial applications for mobile and Web-based intelligence, allows organizations to gain a foundation for insights into operations and productivity, supporting Lean and other continuous improvement initiatives. New features include:

• Real-time workflow task lists on assets with context and scalability, performance and security enhancements
• Faster, low code / no code implementation and quick time to value
• Advanced Historian Trend Analysis app for data analysis in asset model context
• Seamless integration of Proficy Plant Applications content
• Support for English, Chinese, Japanese, Korean, Spanish, German, Russian and Czech

Proficy Historian provides best-in-class industrial time-series and Alarm & Events data collection for onpremise and cloud-based storage and analysis. Updates in the new version 8.1 include Remote Collector Management for large, enterprise-distributed system management and reduced costs with Historian ETL (Extract, Transfer, Load) for sophisticated file-oriented data transmission for Enterprise Historian. Additionally, GE Digital released Proficy Historian for Linux Version 2.3 for improved data collection at edge devices, delivering distributed data management to support IoT.

Proficy CSense improves asset and process performance by uniquely providing five analytics capabilities in one closed-loop software solution: analysis, monitoring, prediction, simulation, and optimization and control of setpoints. Used around the world, this industrial analytics software turns raw data into realtime value with a Process Digital Twin. Proficy CSense provides AI and machine learning to enable process engineers to combine data across industrial data sources and rapidly identify problems, discover root causes, predict future performance, and automate actions to continuously improve quality, utilization, productivity, and delivery. The new version 7.0 allows engineers to analyze larger datasets with increased memory limitations, and features improved connectivity, model predictive control, interoperability, and security

GE Digital’s industrial plant software solutions are generally available. More information can be found here.

JENBACH, AUSTRIA—GE Power & Water’s Distributed Power business (NYSE: GE) today announced Clarke Energy, GE’s Jenbacher gas engine authorized distributor for Australia, has been selected to supply Australia Pacific LNG with 19 new Jenbacher J620 gas engines for two on-site power projects in rural Queensland. The 3-megawatt (MW) gas engines will be used to generate a total of 57 MW of reliable electricity at two coal seam gas (CSG) processing facilities currently under construction. Australia Pacific LNG is an incorporated joint venture between Origin Energy, ConocoPhillips and Sinopec.

The first project at the Reedy Creek coal seam gas processing facility is an expansion of an existing 30 MW on-site power station installed in 2013 with 10 additional high-efficiency Jenbacher J620 gas engines, doubling the size of the plant to 20 units (60 MW). For the second project, Clarke Energy will supply the remaining nine Jenbacher J620 units for a temporary, 27-MW on-site power plant that will generate reliable electricity for the Eurombah Creek coal seam gas processing facility. Both projects will be owned, operated and maintained by Clarke Energy, with further support available from Clarke Energy’s network of field service technicians and staff already located at nearby sites.

After the two new power projects are completed, Australia Pacific LNG will have an installed fleet of 29 Jenbacher gas engines capable of producing a total of about 87 MW of power to support coal seam gas processing activities.

Clarke Energy was awarded the Eurombah Creek and Reedy Creek projects under a temporary power services agreement. The rental agreement calls for Clarke Energy to design and construct a fully operational temporary power station featuring the nine Jenbacher gas engines that will generate 27 MW at Eurombah Creek and 10 units generating 30 MW at Reedy Creek. The agreement is designed to provide the facilities with a constant power supply, using locally extracted coal seam gas, until permanent electrical infrastructure can be installed.

“Our on-site power plant projects showcase an important growth segment for Distributed Power as the country continues to develop its coal seam gas and offshore natural gas reserves to become an important alternative LNG supplier for Asia and other regions of the world,” said Lorraine Bolsinger, president and CEO of GE’s Distributed Power business. “Clarke Energy is playing a central role in driving GE’s strategic growth in this region by rapidly developing new business opportunities while offering excellent life cycle services for our customers.”

Bolsinger noted that in addition to gas engines, GE also is seeing a strong demand for other power, water filtration and oil and gas production technologies and services in Australia as the country further develops its land-based and offshore energy infrastructure.

“Clarke Energy is delighted to be working on the Reedy Creek and Eurombah Creek on-site power plant projects. With the deployment of this additional 57 MW of gas engine-generated electricity, we are supporting the development of coal seam gas processing facilities in Queensland,” Clarke Energy Managing Director Greg Columbus said.

Both new power facilities will use Clarke Energy’s modular power station concept in which each gas engine generation set is housed in an individual enclosure. This concept, which has been proven to be successful at 12 other sites in Australia since 2006, incorporates many features to facilitate safer operation and maintenance. It also demonstrates a reliable performance under Australian outback conditions, including incorporation of Australian Standards, local legislation requirements and oil and gas industry best practices.

Clarke Energy has extensive experience in the engineering, installation and maintenance of gas generation facilities operating on coal seam gas and other gases derived from new and developing coal mines, including existing waste coal mine gas. Currently more than 120 Jenbacher gas engines have been installed to operate on coal seam and coal mine gas to generate a combined 280 MW of on-site power.

GE Power & Water’s Distributed Power is a leading provider of power equipment, engines and services, focused on power generation at or near the point of use. Distributed Power’s product portfolio includes GE’s aeroderivative gas turbines and Jenbacher and Waukesha gas engines, which generate 100 kilowatts to 100 MW of power for numerous industries globally. Headquartered in Cincinnati, Ohio, Distributed Power employs about 5,000 people around the world.

About Clarke Energy
Clarke Energy is a leader in the engineering design, installation and long-term maintenance of gas engine-based power plants. The company is the authorised distributor and service provider for GE’s Jenbacher gas engines in 16 countries. Clarke Energy employs over 900 staff and has over 3,800 MW of Jenbacher generation equipment installed in its operational areas.

Connect with Clarke Energy
www.clarke-energy.com
www.linkedin.com/company/clarke-energy
www.twitter.com/ClarkeEnergy
www.facebook.com/ClarkeEnergy

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

MERIDA, MEXICO —GE’s Distributed Power business (NYSE: GE) announced today that its channel partner in Mexico, Smith Power Mexico S de RL de CV, will provide its gas engine technology to engineering, procurement and construction (EPC) contractor SEISA for Enerkin SAPI de C.V.’s (Enerkin) new combined heat-and-power (CHP) plant in Mexico. Enerkin is the first independent power producer in the state of Yucatan, and its new CHP plant in Merida, will help meet the Mexican government’s initiative for efficient cogeneration.

Enerkin is a special purpose company formed by Proteinas y Oleicos S.A. de C.V. (Proteinas y Oleicos) and other companies based in Merida. The new CHP project will use three of GE’s Jenbacher two-stage turbocharged J624 gas engine generator sets to produce 13.125 megawatts (MW) of electric power and 13,800 pounds per hour of saturated steam from the exhaust of the units. The electric power produced will be used to power the existing plants of the shareholders with the surplus energy being wheeled to the Federal Electricity Commission’s (CFE) grid. The CFE is the Mexican state-owned electric utility. The saturated steam produced from the engine exhaust will be used as process steam in the Proteinas y Oleicos manufacturing plant.

By integrating GE’s advanced gas engine technology into the Enerkin CHP plant, it will allow the stakeholders to displace purchased power from CFE and to realize significant savings through the high-cycle efficiency of the plant.

Enerkin’s new plant is the first CHP project in Mexico to feature GE’s Jenbacher J624 gas engines, and it also is the first EPC agreement between Enerkin and SEISA, a major international energy projects developer based in Monterrey.

“This project strengthens our position as a leading gas engine supplier for CHP and distributed power projects throughout the world,” said Gerardo Villavicencio, business leader, Mexico for GE’s Distributed Power business. “By integrating our high-efficiency gas engines into a CHP application, Enerkin will be able to better meet its immediate power and steam requirements.”

The plant is scheduled to begin commercial operation in May 2015. With the success of the initial phase, the potential exists for the CHP plant to be expanded with additional units.

GE Power & Water’s Distributed Power business is a leading provider of power equipment, engines and services, focused on power generation at or near the point of use. Distributed Power’s product portfolio includes GE’s aeroderivative gas turbines and reciprocating engines, which generate 100 kilowatts to 100 MW of power for numerous industries globally. Headquartered in Cincinnati, Ohio, Distributed Power employs about 5,000 people around the world.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

BILBAO, SPAIN — GE’s Digital Energy business (NYSE: GE) today announced a milestone deal with Terna Rete Italia, Italy’s transmission system operator, to help it deliver more reliable power to businesses and residences across the country and to more efficiently integrating renewable energy. With 63,500 kilometers of high-voltage power lines, Terna was looking for a solution that could help it easily gather real-time data from the power grid to detect potential faults or disturbances on the grid and to take corrective actions to prevent outages.

Terna will integrate GE’s synchrophasor in its wide area monitoring system (the largest in Europe), in order to be able to get a more holistic and accurate view of how their power grid and other local or remote devices are performing. By continually collecting real-time data from the grid, Terna will be able to test advanced monitoring applications and feed its dynamic rating system. Using phasor measurement unit information, Terna is able to monitor the system stability and keep an eye on possible grid oscillations and transients. Moreover, in last few years, Terna has developed an overhead line mean temperature estimation tool for dynamic line rating purposes. The solution is based on current and voltage synchophasors measured at line terminals. For such kinds of applications, accuracy in phasor calculation and synchronization is essential.

Using GE’s MultilinTM N60 Network Stability and Synchrophasor Measurement System and MultilinTM P30 Phasor Data Concentrator, Terna can utilize advanced communications capabilities to gather data from across its vast grid infrastructure and balance power between all of its transmission sources, including renewable power generation. The complete solution also will complement Terna’s existing protection and control protocols by sharing power and utilization information.

“Grid modernization is a priority for energy providers across Europe,” said Luiz Perez, EMEA regional general manager for GE’s Digital Energy business. “Our synchrophasor technology provides these utilities with the technology required to deliver more reliable power to their customers. It enables them to develop technology roadmaps that can help reduce grid congestion, integrate renewables and increase grid reliability.”

The implementation of GE’s synchrophasor solutions on Terna’s grid has begun and the complete roll out is expected to be completed by the end of 2015.

GE’s Digital Energy business is a global leader in transmission and distribution solutions that manage and move power from the power plant to the consumer. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to delivering analytic tools to help manage the power grid, GE’s Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com/.

About Terna Rete Italia
Terna is a leading electricity transmission grid operator headed by Matteo Del Fante, CEO, and chaired by Catia Bastioli, Chairwoman. Terna is the first independent operator in Europe and sixth in the world for kilometers of electricity lines managed. The Group structure is formed by the holding, Terna Spa, that heads two fully owned companies: Terna Rete Italia and Terna Plus, each one with its own Board of Directors. The service performed by Terna in Italy is essential for the operation of the entire electricity system and for guaranteeing electricity to all citizens and businesses. For more information, visit http://www.ternareteitalia.it/.

About GE
GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

GE Hitachi Nuclear Energy (GEH), Global Nuclear Fuel (GNF), Holtec International and SMR Inventec, LLC (SMR, LLC), today announced a collaboration to advance the SMR‐160, a single loop, 160 MWe pressurized light water reactor based on existing light water technologies.

In a Memorandum of Understanding, the companies have agreed to enter into a procompetitive collaboration to progress the SMR-160 which SMR, LLC intends to develop, design, license, commercialize, deploy and service globally. The cooperation will initially include nuclear fuel development supported by GNF and control rod drive mechanisms designed by GEH, and may later extend to other areas.

“We are excited to leverage the experience and capabilities of world class nuclear companies like GEH and GNF as we bring our game changing SMR-160 technology to global markets,” said Holtec President and CEO Dr. Kris Singh. “SMR-160 has prioritized safety in its design, to produce a right-sized, passively safe and cost-effective solution for carbon-free energy. This collaboration will ensure the SMR-160 supply chain, to deliver and fabricate critical SMR-160 technologies and components, including at our new Advanced Manufacturing Division in Camden, New Jersey.”

“With more than half a century of experience and a solid global track record in the nuclear power business we look forward to providing engineering expertise and technical capability to help advance the development of the SMR-160,” GEH President and CEO Jay Wileman said. “Our combined strengths allow us to accelerate commercialization of this technology.”

On January 31, SMR, LCC submitted a proposal to the U.S. Department of Energy with support from GEH and GNF, among others, in response to funding opportunity announcement DE-FOA-0001817. The “Integral and Separate Effects Test Program for the Investigation and Validation of Passive Safety System Performance of SMRs” project would yield a uniquely configurable set of testing platforms to demonstrate passive safety system performance, accelerate the SMR-160 and other small modular reactor designs to market and help license these designs with the U.S. Nuclear Regulatory Commission and international regulators. GEH and GNF will support phenomena assessments, scaling analyses, safety analysis system code assessment and benchmarking and identification of recommended experimental tests.

“We believe that our experience with boiling water reactor fuel lends itself quite well to the design features of the SMR-160,” said Amir Vexler, CEO of GNF. “We’ve been manufacturing boiling water reactor fuel at our Wilmington, North Carolina facility for nearly 50 years and we look forward to the possibility of making SMR-160 fuel here too.”

About GE Hitachi Nuclear Energy
Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on LinkedIn and Twitter.

About GNF
Global Nuclear Fuel (GNF) is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

About Holtec International, Inc.
Holtec International, headquartered Jupiter, FL, is a world leader in nuclear technologies with ongoing projects in the United States, United Kingdom, Spain, Ukraine, China, Korea, Belgium, Sweden and Switzerland. The Company is carrying out some of the most challenging nuclear projects around the world including the defueling of Chernobyl’s shuttered reactors. The equipment and systems supplied by Holtec to its worldwide clients are largely based on the Company’s own patents and proprietary technologies. The Company is the largest exporter of capital nuclear equipment in the US and is recognized as the operator of manufacturing plants in three states with an excellent record of safety. Please visit www.holtecinternational.com for more information.

About SMR, LLC
Based in Camden, NJ, SMR, LLC, is a wholly owned subsidiary of Holtec International. SMR, LLC’s mission includes establishing business alliances and securing regulatory acceptance of operating SMR-160 small modular reactors in global power markets, with existing and expanding corporate manufacturing facilities – and with associated direct benefit to US and local economies. As its name implies, the SMR-160 is a small modular reactor with 160 MW(e) net electric output that will provide safe, dependable, carbon-free power to US and world energy markets, while creating thousands of well-paying U.S. engineering and manufacturing jobs, growing this nation’s economy. SMR-160 offers safe, secure, clean power to energy consumers, through a product solution optimized for safety and security, minimum land use, and affordability. Planned for operation by 2026, SMR-160 offers unique and innovative solutions for achieving real enhancements in safety, operations, and performance compared to existing power plant options.

March 13, 2017— GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts LLC (ARC Nuclear) have agreed to collaborate in the development and licensing of an advanced small modular reactor (aSMR) based on mature Generation IV sodium-cooled reactor technology.

In a Memorandum of Understanding, the two companies have agreed to enter into a procompetitive collaboration to progress a joint aSMR design for global power generation with initial deployment in Canada. The companies will pursue a preliminary regulatory review by the Canadian Nuclear Safety Commission through its Vendor Design Review process, building on earlier technology licensing success in the United States. This collaborative commercialization program also includes the near-term goals of confirming projected construction and operating costs, as well as the identification of a lead-plant owner/operator for the joint aSMR.

GEH and ARC Nuclear have each developed advanced reactor designs based on the EBR-II, an integral sodium-cooled fast reactor prototype which was developed by Argonne National Laboratory and operated successfully for more than 30 years at Idaho Falls, Idaho. No U.S. fast spectrum reactor technology has more test data, design maturity, programmatic information, or operational experience.

These two reactor designs — GEH’s PRISM and ARC Nuclear’s ARC-100 — have been focused on different objectives. The ARC-100 is a 100 MWe aSMR designed for efficient and flexible electricity generation, while operating for up to 20 years without the need for refueling. In comparison, PRISM, which is designed to refuel every 12 to 24 months, has primarily been focused on closing the fuel cycle by, among other things, consuming transuranics. Both these aSMR designs nevertheless share fundamental features, such as high energy neutrons, liquid sodium cooling and metallic fuel, which together deliver inherent safety performance and more economically competitive plant architecture compared to traditional water-cooled reactors. The operational flexibility of this advanced reactor technology enables true load following to complement the intermittent generation of renewable energy technologies now being deployed.

“GEH has broad engineering experience, deep technical capability and significant investment in its sodium fast reactor technology program that builds on a 60-year history as an original equipment manufacturer of more than 60 boiling water reactors worldwide,” said Jay Wileman, President and CEO, GEH. “The ARC Nuclear team brings decades of sodium fast reactor experience to this collaboration and, by working together, we can accelerate commercialization of this technology.”

“ARC Nuclear has a heritage of sodium fast reactor experience that includes key senior scientists and engineers from the EBR-II prototype program – technical leaders involved in developing and demonstrating the fast reactor foundational technology within the U.S. Department of Energy,” said Don Wolf, Chairman and CEO, ARC Nuclear. “We are confident that this collaboration with GEH will more rapidly bring affordable carbon free, utility-scale nuclear power to the evolving energy market landscape.”

While there are more than 90 advanced nuclear technology and small modular reactor designs under various stages of development, GEH and ARC Nuclear view sodium fast reactors as being the most mature advanced reactor technology with decades of real operating experience from more than 20 previous reactors.

About GE Hitachi Nuclear Energy
Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on LinkedIn and Twitter @gehnuclear.

About Advanced Reactor Concepts LLC (ARC)
Founded in 2006, Advanced Reactor Concepts, LLC. (ARC Nuclear) is a privately held Delaware company formed with many of the pioneers who played key roles in the EBR-II program and are today regarded as leading authorities in small fast reactor technology. ARC Nuclear’s mission is to commercialize the ARC-100 and produce safe, economically competitive, carbon-free energy for the global energy market, with a design that can also offer a viable solution to the problem of nuclear waste.

DUBA, SAUDI ARABIA — Saudi Electricity Company (SEC) has selected its long-time partner GE (NYSE:GE) for a project that marks Saudi Arabia’s first integration of a solar field with a combined-cycle plant and the first introduction of condensate as a gas turbine fuel.

The landmark project, the ‘Green Duba’ Integrated Solar Combined Cycle Plant, will be built in the northwestern part of Saudi Arabia, along the Red Sea coast, and has the capacity to generate the equivalent power needed to supply approximately 600,000 Saudi Arabia homes for a year.

“This part of Saudi Arabia is a developing region with limited grid interconnection, so the additional power generated by the Green Duba project will be tremendously important in supporting growth,” said Eng. Ziyad M. Alshiha, president and CEO of SEC. “We expect the plant to provide cost-efficiencies over its life cycle, along with the fuel flexibility and solar capabilities needed to support the Kingdom’s fuel conservation and renewable technology initiatives.”

The project is designed to generate up to 550 megawatts (MW) from the combined-cycle plant; the solar field will supply steam for an additional 50 MW. GE will supply the engineering equipment package for the combined-cycle plant, including two highly efficient, reliable F-class gas turbines, a 7F.05 and a 7F.03; steam turbine; generators; heat recovery steam generators (HRSG); condenser; boiler feed pumps; Mark VIe distributed control system and a long-term service agreement. SEC will tender separately the remaining balance of plant, solar field, civil works, erection, commissioning and testing.

In terms of fuel flexibility, GE has supplied the 7F.05 gas turbine to operate on condensate and the 7F.03 to operate on natural gas, with Arabian Super Light (ASL) crude oil as backup. GE’s F-class gas turbines are the first to offer customers the ability to operate on ASL.

“The contract is another testament to our committed partnership with SEC to further enhance the efficiency and flexibility of its plants. The integration of solar power and the introduction of condensate fuel at the Green Duba project is a true milestone for the Kingdom and supports the government’s vision to promote energy sector efficiency with a focus on renewables,” said Hisham Albahkali, GE president & CEO for Saudi Arabia and Bahrain.

Recently, the first four 7F.05 gas turbines in the field successfully reached full commercial baseload operation at SEC Power Plant (PP) 12 in Riyadh. By early 2015, all eight units at PP12 will be operating in combined cycle and add nearly 2,000 MW.

Today, GE assists in the generation of more than half of the Kingdom’s power supply and has over 500 gas turbines installed in the Kingdom. GE equipment operates in approximately 40 SEC power plants—a partnership that spans over four decades.

With nearly 80 years of experience and 1,000 employees in Saudi Arabia, GE is expanding its energy presence in the Kingdom through knowledge-sharing initiatives and increased investments for technology centers that provide service, repair support and customer training in the power, water and oil and gas sectors.

Join the conversation at our GE Hewar blog: http://middleeast.geblogs.com/

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

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 accessible locations, using a logistics-friendly model of standard shipping methods and on-site assembly.

“The space frame tower helps our customers go taller in new locations, further enabling the growth of wind energy,” said Cliff Harris, general manager of GE’s renewable energy business in Europe. “This next innovation in wind turbine technology is a stepping stone towards towers taller than 150 meters in Europe. GE will continue to drive innovation and advanced technology for the wind industry in the coming years.”

The space frame tower is being introduced with GE’s new 2.75-120 wind turbine and was demonstrated in a full-scale turbine at GE’s prototype site in Tehachapi, Calif. The lattice tower is assembled at wind farm locations and then wrapped in an architectural fabric to provide familiar solid structural aesthetics. The tower improves serviceability with increased space down-tower, maintenance-free bolting system and custom methods and fixtures for efficient installation and dismantling.

The space frame tower features a wide base supported by five legs that provide more room at the base of the tower than a traditional tubular tower. The additional down-tower space allows for storage within the turbine for ease in maintenance, site organization and balance of plant. Parts manufacturing can be automated with the space frame tower to optimize quality control of the structure. The fabric casing is durable, weather resistant and does not need to be replaced during turbine life.

The space frame tower is a product of GE’s technology evolution and investment. GE has invested more than $2 billion into renewable energy research and development to continually provide customers with the most advanced wind technology available and position wind as a mainstream energy source.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

This news is courtesy of www.ge.com

MEXICO CITY—GE (NYSE: GE) today marked the launch of its new Distributed Power business in the Latin America region. Meeting the growing demand for on-site power systems that are efficient, reliable and sustainable, GE’s Distributed Power business is investing US$1.4 billion over four years globally and has three key product lines—aeroderivative gas turbines, Jenbacher gas engines and Waukesha gas engines. All three product ranges are qualified under GE’s ecomagination program, which is the company’s innovative technology platform to increase customer productivity and drive cleaner energy solutions.

GE’s Distributed Power business sees a $100 billion opportunity spanning a variety of applications and will specifically address the increased demand for on-site power from oil and gas majors and heavy industries in Latin America. The industrial sector accounts for a significant part of the power consumed in the region today, with overall demand for electricity projected to grow at an average of seven percent over the next 10 years. Increasingly, industries are relying on on-site power systems to meet their needs and accelerate operational efficiency.

The product lines from GE’s Distributed Power bring the dual advantage of assured and reliable power supply onsite as well as off-grid solutions and the ability to work with renewable energy solutions, a focus area in several countries including Brazil, Mexico and Argentina, among others.

Lorraine Bolsinger, president and CEO of GE’s Distributed Power business, announced the launch of Latin America’s new business. She said: “GE has been a trusted partner in the progress of the region. Today, in line with the growth in the manufacturing sector and increasing demand for on-site power, delivering new power generation solutions is of critical importance to improve regional energy security. GE’s Distributed Power solutions enable power generation at or near the point of use, providing our customers more flexibility and control.

“We are honored to launch our Distributed Power business in Latin America, which now includes our Engineering Center in Queretaro and our Service Center in Petropolis, Brazil, for localized service for the aeroderivative and oil and gas sectors. Distributed Power is all about creating local power using local fuels for faster, flexible, scalable and secure power generation. GE’s aeroderivative gas turbines and Waukesha and Jenbacher gas engines can be installed in weeks and generate power in as little as five minutes. GE’s on-site power generation solutions will enable industries to take the pressure off the national grids, freeing more power for meeting peak load requirements. They also reduce energy losses from transmission and distribution, thus delivering both economic and environmental benefits.”

Distributed power has become increasingly popular in countries that are seeking more reliable, efficient energy options near the point of use—on or off the grid. According to a report by GE, distributed power will grow 40 percent faster than global electricity demand between now and 2020. More communities and businesses are installing distributed power technologies to improve access to electricity in remote areas with poor or non-existent electric grids.

In both developing and developed economies, industry is using distributed power to improve industrial and residential energy efficiency and ensure they have emergency power in the event of natural disasters and other unplanned outages. At the same time, the oil and gas industry relies heavily on on-site power to provide electricity to remote operations as well as mechanical power to pump and compress gas.

Strong regional footprint

GE’s Distributed Power solutions already are being deployed across several key industries and oil and gas majors in Latin America and are helping GE meet the needs of its growing aeroderivative gas turbine and gas engines customer base in the region.

GE’s Brazil Service Center is located in the city of Petropolis, in the state of Rio de Janeiro, on 1.9 acres of land and services natural gas, liquid fuel, biofuels and sugarcane-based ethanol-fired machines. The 2,044 square-meter building provides the following benefits:

Services and logistics processes;
In-country shop and component repair capabilities as applicable (LM2500/LM6000);
Complex assembly support;
Will have the capacity for more than 100 units in five years; and
Addresses customer localization requirements—engine and component repairs and future localized equipment content.
GE’s Center for Advanced Engineering (GEIQ), located in Queretaro, Mexico, is one of the GE’s most complex research and technological development centers in the world. GEIQ is developing products and solutions for the aviation, power generation and oil and gas industries. In 2013, GE invested more than US$20 million in the expansion of its facilities to increase its capacity to a total of 2,200 engineers.

GEIQ, one of the largest engineering centers in Mexico, is responsible for developing solutions for the future by:

In the power generation industry, developing capacities for the design of aeroderivative marine packages, which use aviation technology to generate electrical power;
Providing customers with regional support for the gas and steam turbine industry; and
Addressing customer applications and requisitions requirements in the region.
About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE ecomagination
With cumulative R&D spend of US$6 billion targeting US$10 billion by 2015, GE’s ecomagination portfolio has exceeded targets, reaching US$25 billion in revenue from ecomagination products in 2012. Exceeding its environmental footprint targets of 25 percent, GE has reduced greenhouse gas emissions and water use by 32 percent and 46 percent respectively. Annually, GE invests over US$10 billion to launch new products and build global capability. Today, the company has over 1,000 clean technology patents and 105,000 patents overall.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

This news is courtesy of www.ge.com

AMSTERDAM— —With Europe and other key regions of the world undergoing a major shift in how electricity is produced by an increasingly diverse array of sources—from natural gas to renewables—this transformation toward a lower carbon environment is posing significant challenges for countries seeking to balance energy security and competitiveness. However, the shift also is creating opportunities for investing in innovative energy technologies that can help bring about more sustainable economic growth and a higher standard of living.

GE’s (NYSE: GE) portfolio of advanced energy technologies is expected to play a vital role in supporting the investment goals of the World Economic Forum’s “Future of Electricity” initiative. A January 2015 report issued by the World Economic Forum estimates that members of the Organization for Economic Cooperation and Development (OECD) will need to invest more than $7.6 trillion over the next 25 years to meet their energy policy goals, further reduce emissions and create a more sustainable system for producing electricity from renewables and cleaner fuels such as natural gas.

GE is participating in this week’s POWER-GEN Europe 2015 trade conference in Amsterdam to showcase several reference projects that illustrate how utilities and industrial facilities can use GE’s high-efficiency power generation systems and software solutions to help meet their production targets while achieving their respective national and regional energy policy goals.

“The electricity sector is undergoing significant changes, driven by technological developments and the need to decarbonize energy production,” said Roland Teixeira, Region Executive & Country CEO, GE Benelux. “The projects we are highlighting at POWER-GEN Europe demonstrate how our customers can get the fastest return on their investments by upgrading the energy efficiency of their existing facilities. This includes installing our high-efficiency generation equipment and harnessing the power of Big Data to give operators greater real-time visibility into the condition of their equipment, allowing them to reduce their costs and environmental footprints.”

Case in point: a 1 percent efficiency improvement in the global gas-fired power plant fleet could yield $66 billion in savings in fuel consumption.

GE’s projects being announced POWER-GEN Europe include:

The world’s first deployment of GE’s Reliability Excellence software solution at the Whitegate Power Station, a 445-megawatt gas combined-cycle power plant in County Cork, Ireland. Reliability Excellence is GE Power Generation Service’s new advanced software solution that taps into industrial-scale data analytics to predictively identify operational issues before they occur.
GE’s Distributed Power business is formally introducing its myPlant* 2.0 Beta platform powered by Predix*, an asset performance management solution from GE. The introduction of myPlant 2.0 expands the choice of Industrial Internet technologies that can help industrial operators improve the real-time remote monitoring of their production facilities.
GE’s Distributed Power also is announcing that Prominent Growers Association, a leading commercial tomato greenhouse growers collective in the Netherlands, will serve as the pilot customer to showcase how GE’s myPlant* 2.0 solution can increase the performance and efficiency of 50 Jenbacher gas engine units installed at 36 high-tech greenhouse facilities.
French utility ENGIE recently turned to GE’s Power Generation Services business to increase the responsiveness and availability of its Montoir de Bretagne combined cycle power plant in western France to become more responsive to changing grid demands and boost competitiveness. GE’s team installed its OpFlex Steam Turbine Agility software solution to reduce the plant’s startup times.
GE’s Power Generation Services business was recently awarded a 16-year contractual service agreement (CSA) by Russian energy company OJSC “Generating Company” for the new Kazanskaya CHP-2 combined-cycle gas power plant in Kazan in the Russian region of Tatarstan. GE was awarded the CSA to help ensure the long-term availability of the power plant’s GE-supplied gas turbines to meet the industrialized area’s strong energy demands.

“By making forward-thinking energy technology investments in their existing facilities to make them more energy efficient and reliable, our utility and industrial customers are able to create more sustainable power and products for their customers and support their region,” said Teixeira.

About GE
GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Salzbergen, – GE Renewable Energy today announced it was awarded a Full Maintenance contract for the Alsleben wind farm in Germany by Dortmunder Energie- und Wasserversorgung (DEW21), a subsidiary of the municipal utility of the city of Dortmund in North Rhine-Westphalia, who currently operates the site and its 36 turbines.
The agreement includes the implementation of remote monitoring and regular maintenance intervals as well as the preventive maintenance and replacement of large components when needed. GE Renewable Energy will be responsible for the full maintenance of the facilities over a period of nine years. The agreement was tendered by DEW21 in the framework of a European procurement procedure.
The Alsleben wind farm is located in in Saxony-Anhalt and has a total power output capacity of 54MW. The site comprises 36 of GE’s 1.5sl wind turbines and is the largest wind installment with GE turbines in Germany.
Matthias von der Malsburg, Head of Sales for GE’s Onshore Wind Services in Germany said “We are proud to provide servicing for the Alsleben wind farm. GE has more than 20 years of expertise building and servicing onshore wind turbines in Europe and we are determined to use the knowledge collected as the OEM along the way to best serve DEW21 with preventive maintenance and replacement of large components.
Maik Löhr, Head of Renewable Energies at DEW21 said “In the long-standing partnership since 2010, GE has proven to be a reliable and competent partner for us and once again won the best price / performance ratio in the current tender. We look forward to continuing our cooperation.”
GE Renewable Energy recently introduced its 4.8-158 onshore wind turbine with a rotor diameter of 158 meters. With GE’s largest rotor and innovative blade design, the 4.8-158 is expected to significantly improve annual energy yield and will reduce the cost of electricity to customers at low to medium wind speeds.

About GE Renewable Energy
GE Renewable Energy is a 10 billion Dollar start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar powerand more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With mora than 22,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.
Follow us @GERenewables and www.gerenewableenergy.com.

Paris – GE Renewable Energy announced today that it has been selected to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the industry. The 4.6MW community based project in Red Lake Falls, Minnesota, developed by Juhl Energy, will use two 2.3-116 wind turbines from GE Renewable Energy’s Onshore Wind business supported by 1MW of solar power conversion equipment provided by GE’s Current business. The project is expected to enter commercial operation in August, 2017.

The project will use GE’s Wind Integrated Solar Energy (WiSE) technology platform – developed through GE’s Global Research Center – to integrate the solar panels through the wind turbine’s converter directly so both wind and solar share all the same balance of plant, increasing system net capacity by 3-4% and annual energy production by up to 10%. The hybrid design gives the project the ability to produce power when it is most needed. Basically, the solar provides summer peak energy, and the wind provides winter peak energy.

Pete McCabe, President & CEO, Onshore Wind, GE Renewable Energy, said, “By leveraging the complementary nature of wind and solar, this unique project shows how GE is driving technology innovation that will help customers deliver more renewable energy in an even more efficient manner.”
Dan Juhl, CEO of Juhl Energy, said, “Most energy experts agree that distributed generation will play a major role in the implementation of renewable energy in the US electrical market in the years to come. Juhl Energy’s package design, with the GE hybrid technology, can economically blend clean, renewable energy into the grid at lower cost, plus add reliability to the system.”

The global market for Hybrid Solar Wind projects could reach USD $1.47 billion by 2024, according to a report by Global Market Insights, Inc. U.S. hybrid solar wind market size was valued at USD $195 million in 2015 and is estimated to reach over USD $300 million by 2024.

GE Renewable Energy has installed more than 57,000 megawatts (MW) of wind power capacity by supplying more than 30,000 GE wind turbines in more than 35 different countries. This new contract demonstrates GE’s ability to provide a full range of technology solutions that help balance the intermittent nature of both wind and solar power.
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About GE Renewable Energy
GE Renewable Energy is a 10 billion dollar start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With 13,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.
Follow us @GErenewables and www.gerenewableenergy.com.

About Juhl Energy, Inc.
Juhl Energy is an established leader and pioneer in the renewable energy industry with a focus on competitive, clean energy solutions, including wind, solar and hybrid power project development and management, throughout the United States and Canada. Juhl Energy has completed 24 wind farms, accounting for 400 MW’s of wind power, and services every aspect of development from general consultation, construction and management, to system operations and maintenance. Juhl Energy is headquartered in Chanhassen, MN., and has other offices in Chicago, Minneapolis, and Milwaukee. Additional information on the Company is available at www.juhlenergy.com or by calling +1 (218) 684-5814.

Sydney, Australia – GE Renewable Energy announced today that it has been selected by investors Partners Group and CWP as the wind turbine supplier for the 244 MW Bango wind farm near Yass, New South Wales. The project, which will use 46 of GE’s Cypress onshore wind platform, is a significant milestone for GE and represents the company’s first Cypress-equipped wind farm in Australia and the largest globally to date.

The construction of the project will commence shortly and will be fully commissioned and operational by 2021. The construction phase will create up to 120 regional jobs and once complete the wind farm will deliver five full time jobs. The proposed project capacity is approximately 244 MW, which would generate enough energy for over 100,000 homes* and would save over 600,000 tonnes of greenhouse gas emissions every year.

The Cypress onshore wind platform enables significant Annual Energy Production (AEP) improvements, increased efficiency in serviceability, improved logistics and siting potential, and ultimately more value for customers. The two-piece blade design enables blades to be manufactured at even longer lengths and improving logistics to drive costs down and offer more siting options, in locations that were previously inaccessible.

Steve Oswald, Country Leader GE Renewable Energy Onshore Wind in Australia, commented: “With 1 GW of installed wind capacity and another 600 MW under construction here, GE remains deeply committed to Australia’s energy future, and with the Cypress platform we’re ensuring that we are bringing the very latest technology to this market. This new platform will help lower the cost of energy for Australian households and businesses and will create a significant number of regional jobs throughout the construction phase.”

Announced last year by GE Renewable Energy, the Cypress is the most powerful and efficient wind turbine in operation. So far, the platform has been embraced around the world with orders confirmed in Germany, Turkey and Australia. As the largest order of the platform globally, the Bango wind farm shows clear demand in Australia for the latest and best in wind technology and GE anticipates further interest in the Cypress platform in the market.

* Based on an average NSW household electricity consumption of 7.3 MWh annually

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About GE Renewable Energy
GE Renewable Energy is a $15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.

Istanbul, Turkey – GE Renewable Energy announces today that it has been selected by Türkerler and RT Enerji to supply equipment for the five Kirazli, Meryem, Sile, Pamukova and Mahmut Sevket onshore wind farms. Forty-nine of GE’s 3 MW onshore wind turbines will be installed in Izmir, Bilecik, Sakarya and Istanbul Turkey. With a total capacity of 158 MW, the project will provide renewable energy to the region, powering the equivalent of 183,000 homes. The scope also includes a 10-year servicing agreement.

RT Enerji and Türkerler said: “GE, RT Enerji and Türkerler have built a strong relationship, and we are very happy to be working together again. We have been heavily engaged in helping Turkey work toward its sustainable energy targets, and this wind farms are yet another step in the right direction. Turkey is ranked among the richest countries in the world in terms of the renewable energy resources — also called the clean energy. As GE, RT Enerji and Türkerler, we invest in clean energy, meaning nature. We are pleased and proud of this investment in order to meet the energy needs of future generations and to minimize the damage to the environment”.

As a part of the agreement, LM Wind Power will produce the 147 blades for the wind turbines at the Bergama site, Izmir, Turkey, where GE has more than 450 employees. The site, which began operations in July 2017, became the fifteenth LM Wind Power factory and the first opened after the company became a GE Renewable Energy business. The site aims to help meet the requirements of the rapidly-growing Turkish wind industry. Towers and generators will also be produced in the country.

Manar al-Moneef, GE Renewable Energy’s Onshore Wind regional leader for MENAT, says: “GE has been one of the early investors in Turkey and continue commitment to create jobs and contribute to the development of high technology in the energy industry. We are delighted to be partnering with Türkerler and RT Enerji again and working on this exciting project. GE’s high-tech 3 MW platform turbines are well suited to Turkey’s wind speeds and landscape. And, with a more than 1.200 MW installed base in the country, GE is proud to be bringing additional renewable, sustainable energy to the region. We look forward to additional opportunities to work with Türkerler and RT Enerji in the future.”

About GE Renewable Energy
GE Renewable Energy is a $15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.
Follow us at www.ge.com/renewableenergy, on www.linkedin.com/company/gerenewableenergy, or on www.twitter.com/GErenewables

NISKAYUNA, NY – With digging abilities that might make a groundhog jealous, a multidisciplinary team at GE Research, the central technology development arm of the General Electric Company (GE), has been awarded a 15- month, $2.5 million project through the Defense Advanced Research Projects Agency’s (DARPA) Underminer program, to demonstrate the feasibility of a robot that can rapidly and efficiently bore tactical tunnels in support of critical military operations. Click here to see a video demonstration.

The principal objective of DARPA Underminer program is to enable the rapid construction of underground tunnels in support of various military battlefield operations. These operations could include supporting rescue missions or rapidly resupplying critical munitions to the front lines. GE’s project is one of three new projects the program is funding to demonstrate the feasibility of new capabilities with robotics, sensing and other component technologies that exceed current commercial drilling capabilities.

The inspiration for GE’s approach actually has its roots in the graduate and doctoral research of project leader Deepak Trivedi in the mechanical engineering program at Penn State University. Trivedi’s doctoral work, one of the earliest in soft robotics, was to create and demonstrate a robot inspired by biological examples of soft structures such as octopus arms and elephant trunks. The idea was creating a robot that had the dexterity to make sharp turns, squeeze through confined or small spaces and adaptability to pick up and move objects of vastly different sizes and shapes. Trivedi, a mechanical engineer, says the earthworm-like design integrates some of these characteristics with a great ability to dig and move quickly underground.

“It turns out earthworms are probably the most prolific tunnel makers on the planet,” Trivedi said. Tree roots can penetrate through highly compacted soils and soft rock by generating high pressures through tissue growth. “We have designed a prototype that is several feet long, with hydraulic artificial muscles that mimics the agility of earthworms moving through soil and with the force of tree roots penetrating through soft rock.”

Trivedi explains that earthworms rely on muscular structure filled with fluid, called the “hydrostatic skeleton.” When they move, some sections of their structure radially expand to enlarge the tunnel while anchoring the worm, while others become longer to create movement and penetrate further into the soil.

What Trivedi and the GE Robotics Team have designed is a robot using powerful artificial muscles that moves in the same fashion. The robot is capable of adaptively changing its gait depending on soil conditions, making it versatile. Another advantage of this approach is that the robot can create tunnels without the need for bringing any material to the surface, giving it advantages of efficiency and stealth. But Trivedi says that designing a powerful robot that moves with force is only one part of the challenge. The other is enabling it to autonomously and knowingly navigate its way around obstacles to reach the desired target location without the benefit of GPS.

Trivedi said, “Because these tunneling systems are underground, we need to be able to build in autonomous and sensing capabilities that enable our robot to move and tunnel in the right places. Fortunately, we’re able to pull in controls, AI and sensing experts from across the Lab to help us integrate these new capabilities.”

The GE Research team already has designed a prototype and performed some initial lab scale demonstrations of the robot tunneling through dirt. The goal of the project is to demonstrate a robot that can move at a speed of 10 cm/sec and dig a tunnel that is 500 meters in length and at least 10 cm in diameter.

Trivedi says the technologies being developed on this project will not only help advance tunneling technologies, but also advanced inspection and repair capabilities using robots.

“The soft robot design we’re creating will have many more degrees of freedom in movement than conventional robots with joints, Trivedi says. “One of the reasons, octopuses, for example, can squeeze through such small spaces is that they have no bones. The same thing applies for soft robots, which can be very advantageous when you want to reach small places like the inside of a jet engine or power turbine to inspect and make intricate repairs.”

GE has developed and field-tested new snake-like robots for jet engine inspection and repair. These highly flexible robots allow access to confined and cluttered environments at different length scales – from millimeters up to several meters, thereby enabling many maintenance operations to be performed in-situ, without requiring expensive teardown and reassembly of industrial assets.

About GE Research
GE Research is GE’s innovation powerhouse where research meets reality. We are a world-class team of scientific, engineering and marketing minds working at the intersection of physics and markets, physical and digital technologies, and across a broad set of industries to deliver world-changing innovations and capabilities for our customers. To learn more, visit our website at https://www.ge.com/research/.

ASTANA, Kazakhstan, June 21, 2017 — Following the opening last week of Expo-2017 in Kazakhstan’s capital of Astana, also known as the world’s fair, over 100 top officials, senior business executives, and global thought leaders came together for an interactive discussion at Moving Forward, Fueling the Future. The GE-hosted forum focused on emerging trends and technologies in the energy and transportation industries, including the digital revolution that is radically reshaping the industrial world.

In the transportation industry, the discussion centered on the forward outlook of the region as an increasingly important trade hub connecting Europe and Asia, as well as the critical importance of digital in transforming the rail industry. At the event, the country’s national railway company KTZ signed an agreement to leverage GE Transportation’s digital solutions including Trip Optimizer and Smart Intermodal Terminal to lower fuel costs, optimize power distribution, and increase terminal productivity.

“GE’s long-standing relationship with Kazakhstan Temir Zholy is a testament to our commitment and innovation within the rail space,” said Jamie Miller, President & CEO, GE Transportation. “We are excited to expand our relationship and are confident in the value our digital solutions provide and excited to bring the most advanced digital rail solutions to the CIS region.”

In the oil & gas industry, senior business and government leaders joined a panel to discuss the country’s critical role in ensuring Eurasian energy security and the potential for new virtual pipeline and LNG technology to better leverage Kazakhstan’s abundant gas resources to support sustainable development.

“Rich in resources and a key trade corridor, Kazakhstan and the broader Central Asia region are hugely important to the global oil and gas industry, said Lorenzo Simonelli, President & CEO, GE Oil & Gas. ”This is the perfect place for a global discussion and we welcome the opportunity to continue collaborating with our partners in the region.”
As a global sponsor of the USA Pavilion, over 20,000 visitors over the past two weeks have had the opportunity for a hands-on experience at GE’s booth, which features an interactive electricity value network demonstration with a focus on the growing importance of renewables in the global energy mix. On the sidelines of the event, GE, Eni S.p.A., and Kazakhstan’s Ministry of Energy signed an agreement to cooperate in developing renewable energy projects, in particular to evaluate the possibility of building a 50MW wind farm, as well as other potential projects aimed at helping the country achieve its strategic goals of sustainable development.

Following the conference’s conclusion, guests were invited on a tour of Lokomotiv Kurastyru Zauyty (LKZ), a GE joint venture in Astana that manufactures high-efficiency, heavy-haul Evolution-series locomotives customized for the 1520mm-guage CIS market. The facility has produced 300 TE33A locomotives to-date, with dozens of units exported to neighboring Azerbaijan, Kyrgyzstan, Tajikistan, Turkmenistan, and Ukraine.

“GE has been contributing to infrastructure development in Central Asia for 70 years. We’re happy to be supporting Kazakhstan as the host of Expo 2017 by providing a platform for open dialogue with our local partners about some of the most pressing challenges in the industrial world. Together, we’re taking concrete steps to reboot industrial productivity and help support the region’s long-term growth,” said Ron Pollett, Vice President, GE, and President & CEO, GE Russia/CIS.

Today’s announcements reaffirm GE’s long-term commitment to helping tackle some of the most challenging energy and transportation projects in Kazakhstan, as well as supporting the country as it embarks on the journey of digital transformation laid out in a 2017 address by President Nursultan Nazarbayev to harness the power of the Industrial Internet as an engine to accelerate growth.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Russia/CIS
GE has been working in Russia for nearly 100 years, bringing global expertise and localizing advanced technology with our strategic partners across power, oil & gas, transportation, and healthcare to solve some of the region’s biggest infrastructure challenges and improve people’s lives. Over 1,600 GE employees are working in Russia/CIS, with regional headquarters in Moscow. For more information, visit the company’s official website – www.ge.ru

YEKATERINBURG, RUSSSIA GE (NYSE: GE) today announced that it has signed a supply agreement with GreenTech Energy Company (GTE), one of GE’s authorized Channel Partners for Jenbacher* gas engines in Russia, for 21 Jenbacher gas engines—10 J320 units, 10 J420 units and one J316 unit—with a total capacity of 26 megawatts (MW) to be delivered by year-end 2018. To date, it is one of the largest GE contracts to supply Jenbacher engines for the Russian market. The contract was signed during the customer technical seminar organized together with GTE on April 10 and 11 in Yekaterinburg, Russia’s Ural.

Packages branded “GreenTechPower” will be manufactured by GTE at a new facility in St. Petersburg. Combined heat and power (CHP) units with single capacity going from 1 MW to 1.5 MW on the base of GE’s Jenbacher gas engines will be used to help increase cleaner power generation at or near the point of use in the food and beverage, glass, agriculture and chemical processes industries.

CHP provides thermal power and electrical generation in a single systems. Efficiencies with GE’s Jenbacher CHP solutions can reach 90 percent or more with CHP. That’s more than 40 percent higher than with thermal energy alone. These systems help commercial and industrial businesses, municipalities and a wide range of energy-intensive institutions get the most out of their facilities. GTE’s CHP packages based on GE’s Jenbacher gas engines are space effective and do not require construction of a separate building, which is accelerating the plant’s commissioning.

GTE has recently received the “Distributed Power Generation – Great Achievements” award in the category of “Best Distributed Power 5 MW and above Project” from the Distributed Power Association of Russia for GTE’s installation of a CHP plant for a greenhouse owned by UMMC-Agro in the Sverdlovsk district (Russia’s Ural Region).

With digital transformation at its core, GE’s Distributed Power business gives companies and communities around the world the ability to focus on cleaner power generation and gas compression at or near the point of use, anytime and on or off the grid. GE offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 200 kilowatts to 10 MW of power for numerous industries globally. GE’s highly efficient gas engines feature advanced fuel-flexibility capabilities that can run on multiple types of gases. Today, more than 48,000 of GE’s gas engines have been delivered around the world, with a total power capacity of more than 64 gigawatts (GW). About 700 gas engines are deploying 1.1 GW of power in Russia.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Russia/CIS
GE has been working in Russia for nearly 100 years, bringing global expertise and localizing advanced technology with its strategic partners across power, oil and gas, transportation and healthcare to solve some of the region’s biggest infrastructure challenges and improve people’s lives. More than 1,900 GE employees work in Russia/CIS, which has regional headquarters in Moscow. For more information, visit the company’s official website – www.ge.ru.

About GreenTech Energy
“GreenTech Energy” (GTE) has been implementing integrated power projects based on GE’s Jenbacher gas engines for more than six years. By now, the company has installed in Russia more than 70 engines with a total capacity of more than 200 MW. Installed solutions allow our customers to reduce the energy cost and thereby improve competitiveness and business profitability. GTE is currently serving more than 100 engines in various regions of Russia. Our team is providing support at all construction stages—from expert advice and project design to commissioning and after-sales service—that ensure the plant’s reliability throughout the equipment’s life cycle. www.gte.su

JOHOR, MALAYSIA—GE’s Power Services business (NYSE: GE) today announced it signed a multiyear agreement (MYA) with Southern Power Generation Sdn Bhd (SPG) for its new Track 4A plant, a 1,440-megawatt (MW) combined-cycle power plant in Pasir Gudang, Johor, Malaysia. Under the terms of the 21-year agreement, GE will provide services solutions for the first two GE 9HA.02 gas turbines to be installed in the country and deploy its Predix* Asset Performance Management (APM) software to help improve asset visibility, reliability and availability of SPG’s plant, contributing to long-term energy security needs in the country.

GE will utilize its Fleet360* platform of gas plant solutions. Under the terms of the agreement, GE will provide a full spectrum of digital solutions and plant improvement services, major inspections on the 9HA.02 gas turbines, along with technical advisory services.

“With the largest base of installed gas turbines in Malaysia, GE has grown hand in hand with the country’s power development needs,” said Ramesh Singaram, president of GE Power APAC. “We have been doing business in the country for more than 40 years and will continue to help drive improved efficiencies and business outcomes for our customers like Southern Power Generation. I am pleased that our combined services and digital capabilities will help support long-term maintenance and performance for the first HA-based power plant in the country, ensuring more reliable and flexible power generation for the country. We thank Southern Power Generation for their trust in GE.”

The agreement also includes GE’s Predix APM suite of digital solutions. APM improves asset visibility, reliability and availability and reduces operating and maintenance costs: data processed by the APM solution can help balance maintenance costs, improve inspection intervals and provide invaluable insights into operational risks. Data collected from sensors throughout the facility will be monitored 24/7 at GE’s Monitoring & Diagnostics (M&D) Center in Kuala Lumpur.

The services deal follows the success of achieving the financial closure for the engineering, procurement and construction (EPC) contract with SPG in October 2017, marking the growing fleet of GE’s largest gas turbine platform to a total of over 70 units of the HA-platform gas turbines ordered to date. This plant will be jointly constructed through the collaboration with a Taiwanese EPC partner, CTCI Corporation. It will consist of two generating blocks, each equipped with a 9HA.02 gas turbine, generator and heat recovery steam generator from GE. GE has invested almost $2 billion in the development of HA technology. HA power plants provide a combination of high efficiency and superior operational flexibility, leading the industry in total life cycle value. Globally, a total of more than 20 units of HA are running in the field, clocking in more than 70,000 operating hours with an average combined-cycle net efficiency of greater than 62 percent at ISO conditions.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power
GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. We are transforming the electricity industry by uniting all the resources and scale of the world’s first Digital Industrial company. Our customers operate in more than 150 countries, and together we power more than a third of the world to illuminate cities, build economies and connect the world.

For more information, visit the company’s website at www.gepower.com. Follow GE Power on Twitter @GE_Power and on LinkedIn at GE Power.

About GE’s Power Services Business
GE’s Power Services business, headquartered in Baden, Switzerland, delivers world-class solutions for our customers across total plant assets and their operational lifetimes. This organization supports 2,800+ customers worldwide with an installed base of 28,000+ power generation assets, which includes other OEMs, and taps into the Industrial Internet to improve the performance of our solutions over the entire life cycle through the power of software and big data analytics.

SCHENECTADY, N.Y.— GE (NYSE: GE) today announced that it has signed a purchase agreement to acquire Metem Corporation, a U.S.-based provider of precision cooling hole manufacturing technologies that enable turbine engines to function more efficiently, saving costs, increasing operation time and reducing emissions.

Heavy-duty gas turbines are subject to very high temperatures during operations, making metals weaker. With heavy-duty gas turbine blades operating under high temperatures and experiencing significant centrifugal stresses, turbine blade cooling is an important component of GE’s next generation of advanced gas turbines. To realize supply chain efficiencies and reduce costs, GE made the decision to bring cooling hole-drilling capability in-house by acquiring Metem.

GE and Metem have had a very strong relationship since the 1970s, driven by Metem’s record of innovation and technology development and the strength of its world-class workforce. As a result, GE is Metem’s largest customer today. This acquisition is very strategic for GE Power, as demand for advanced manufacturing technologies significantly increases as products evolve. GE envisions building out the capabilities and capacity of the Metem network.

Until the transaction closes, the two companies will continue to operate as separate businesses, and Metem will continue to be managed by the existing leadership team. GE and Metem expect the deal to close in the first quarter of 2016.

“Gas turbines coupled with services are the core of GE Power. Our acquisition of Alstom’s power business has significantly improved our competitiveness, particularly in our technology leadership position and global presence. But we have not stopped there,” said Mike Chanatry, VP of Gas Power Systems Supply Chain. “In addition to adding to the GE Store capabilities, acquiring Metem would help achieve synergies by improving the overall cost base of products.”

About Metem
Metem Corporation is a specialized global supplier of turbine super-alloy component machining for leading companies in the power generation and aerospace industries. Over the past 50 years, Metem has grown into one of the largest machining companies in the world by emphasizing innovation, advanced technologies, operational excellence, and continuous focus on strategic, long-term relationships with customers.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power
GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

PAKISTAN, Karachi, August 28, 2017: GE recently signed an agreement with Tricon Boston Consulting Private Limited (TBCPL), a Special Purpose Vehicle (SPV) set up by Sapphire Textile Mills Limited, for the provision and installation of the largest 150 MW wind project in Jhimpir, Pakistan. Under this agreement, GE will provide 87 GE 1.7-103 wind turbines to the engineering, procurement and construction (EPC) contractor, Power China, for implementation in the Gharo-Keti Bandar Wind Corridor in Jhimpir, Sindh. GE will also provide 10 years of operations and maintenance services as part of the contract.

GE’s 1.7-103 high-performing wind turbine may provide up to a 30 percent increase in annual energy production (AEP) compared to its predecessor, with an increase in blade swept area that allows for greater energy capture and improved project economics for wind developers and operators. GE has been providing advanced wind turbines for the development of wind power plants in the Jhimpir corridor in Thatta district, adding more power to the national grid. The new wind farm further underlines the tremendous potential of Pakistan in leveraging wind power.
Dr. Manar Al Moneef, CEO of Renewable Energy at GE Middle East, North Africa and Turkey, said: “GE is committed to supporting the Pakistani government in meeting its goals of providing reliable power to improve the lives of the people of Pakistan. We want to increase and sustain Pakistan’s installed renewable energy capacity and annual wind additions. Wind power generation is an affordable & environmental-friendly solution, benefiting from a short implementation cycle delivering quick returns for the investment.”

The U.S. Agency for International Development and the National Renewable Energy Laboratory estimates Pakistan has over 132 gigawatts (GW) of wind energy capacity. The generation of clean wind energy also contributes to the goal of the Government of Pakistan under Vision 2025 to increase the percentage of indigenous sources of power generation to over 50 percent.

Nadeem Abdullah, CEO of Sapphire Wind Power Company Limited, said: “We are setting up the largest wind project which will feed the Pakistani national grid benefiting all sections of the community – households, cities, villages and industries. Pakistan has tremendous potential for wind energy, which is competitive with other generation technologies while having zero emissions. We are proud to be partnering with GE, a world leader in power generation technologies that continues to be a solid partner for us in our Group’s existing thermal and wind generation projects.”

GE Renewable Energy is one of the world’s leading wind turbine suppliers, with more than 30,000 wind turbines installed globally. A long-term partner in supporting Pakistan’s socio-economic growth, GE technologies today generate more than 25 percent of the country’s electricity.

Sarim Sheikh, President & CEO of GE Pakistan, Iran & Afghanistan, said: “The demand for energy is increasing in Pakistan and is expected to grow in the coming years. Wind energy is a clean and low cost renewable resource available in the country and the potential, for the use of alternative technologies, is yet to be fully explored. Wind power provides an opportunity to reduce dependence on imported fossil fuel and, with wind output highest during summer months, provides the perfect complement to Pakistan’s energy needs when there is peak demand in the grid.”

About GE Renewable Energy:
GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 60 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.

TALCAHUANO, CHILE—March 1, 2018—GE’s Marine Solutions (NYSE: GE) was chosen by ASMAR Shipyards to provide the complete scope of an integrated marine propulsion system for the Chilean Navy’s new Antarctic icebreaking Polar Class vessel. It will replace the retired icebreaker to continue the navy’s Antarctic expedition for search and rescue missions, scientific research, logistic support and resupplying bases in the Chilean Antarctic Territory.

The 110-meter long vessel will have GE’s full marine propulsion system to power and propel the vessel, including diesel electric propulsion, GE’s International Maritime Organization’s (IMO) Tier 3-compliant diesel engine, a complete propulsion shaft line and propeller, a tunnel thruster, SeaStream* Dynamic Positioning (DP) and vessel automation system.

The vessel has received Lloyd’s Register PC 5 polar class notation, reflecting the strong icebreaking capability of the vessel. In fact, with an installed power of 14.5 megawatts, it will be capable of breaking 1 meter of ice at 3 knots.

“The ice-going capabilities require the machinery onboard the vessel, such as the main propulsion, to be highly robust to ensure the safety and the survivability of the vessel. That is not all. Given the vessel’s specific mission profile, we are also looking for clean propulsion technology that will meet the requirement of the highly stringent environment regulations in the Antarctic area. GE’s one-stop solution is the answer to all these challenges,” said Lieutenant Commander Jorge Maldonado, project manager for the Chilean Navy.

GE’s marine IMO Tier 3 diesel engine reduces key emissions up to 70 percent and enables in-engine compliance with IMO Tier 3 emissions standards. It also provides a significantly less complex solution compared to urea-based selective catalytic reduction (SCR) systems, as it does not require any additional on-board SCR equipment or storage provisions for urea as well as no dockside support infrastructure for urea storage and processing.

Moreover, GE’s mariner-friendly Ecomagination* qualified SeaStream DP system, in the “Energy-Efficiency” mode, can generate fuel savings up to 10 percent or more, with an associated nitrous oxide reduction up to 20 percent, depending on environmental factors and the operational profile.

“This project is a prime example that demonstrates the value of a full-system solution. GE will be responsible for manufacturing and procuring all equipment and integrating it into a system to achieve improved reliability, de-risking the project. Our cutting-edge clean technology also stands out as a key differentiator to enable a cleaner marine environment, building a vessel that is fit for its mission,” said Andy McKeran, general manager, GE’s Marine Solutions.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. To learn more, please visit www.ge.com.

About GE’s Marine Solutions
GE’s Marine Solutions is dedicated to power and propulsion systems for customers in the workboat, merchant, offshore and naval industries. Smart engineering coupled with software analytics, we provide customers with data-driven efficiency. Connecting the physical and digital worlds, GE helps power, propel, position and predict the marine industry for operational excellence. www.gemarinesolutions.com

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 intact from GE’s advanced construction facility in Avenza, Italy, to an artificial island located 50 miles offshore of Abu Dhabi. Each module will weigh more than 1,500 tons and be 44 meters long, 20 meters wide and 24 meters high. These six “mega structures” will serve as the housing in which a turbogenerator train is located that will provide electric power to ZADCO’s oil production facilities, including pumps and gas compressors, also on the island.

The advanced module design was most recently deployed during the construction of five massive systems developed for Australia’s Gorgon field, one of the largest and most complex gas fields in the world. Like those made for Gorgon, these modules will be assembled, commissioned and tested ahead of shipment to the Emirates so that once they arrive on location they can be simply and quickly installed and ready for operation. The module design and enhanced testing is advantageous to customers as it reduces the total footprint of operations as well as reduces the amount of time between equipment delivery and startup of operation, minimizing execution risks at site.

The modules, which integrate core equipment with all relevant auxiliary systems in an engineered solution, are delivered to the customer fully connected and wired. These six power generation modules, in turn, each feature a 43-megawatt, rugged and reliable GE 6B gas turbine and electric generators that are fully engineered, equipped, packaged and tested. World-class reliability and availability make the 6B gas turbine a popular choice for industrial and oil and gas customers seeking cost-effective, highly reliable power. More than 1,200 6B gas turbines are installed worldwide, with 65 million operating hours in a wide range of applications.

“Whether it’s GE’s unique expertise in the development of these massive plug-and-play modules, our advanced LNG technologies or our work in subsea fields, GE is actively supporting some of the world’s largest natural gas projects,” said Rafael Santana, CEO and president, Turbomachinery Solutions for GE Oil & Gas. “This latest contract marks a critically important achievement for our industrial modules Power Generation business by showcasing how advanced plug-and-play solutions are solving some of the world’s most complex energy challenges in remote locations. The new work also underscores our commitment to investing in our advanced Module Construction Yard located in Avenza, Italy—the same yard where the Gorgon modules were born and built.”

To support the ZADCO project, GE is expanding the Avenza yard by adding more assembly and testing capabilities. When this more than $12 million investment is completed at the end of 2014, the GE Module Construction Yard will cover 140,000 square meters—having grown by almost four times its original 40,000-sqm size in 2011. The finished yard will have enough platform foundations to assemble 10 modules at the same time, underscoring GE’s commitment to providing industrial module solutions for the oil and gas industry.

The contract award is between GE and Petrofac Emirates, the EPC contractor selected by ZADCO for the Upper Zakum UZ750 field development in Abu Dhabi. ZADCO is an Abu Dhabi National Oil Company subsidiary in which ExxonMobil and Japan Oil Development Company also are shareholders.

“Since 1985, we have designed, constructed and delivered more than 40 modules and pre-assembled units of various sizes to customers around the world,” said Davide Iannucci, Turbomachinery Solutions Project Operations general manager. “To accomplish this—and to create modular units of this large size—we have invested significant resources in the research, development and engineering of these solutions. The result is increased efficiency and reliability for our turnkey solutions, whether it’s for small projects or ones involving immense scale such as ZADCO’s.”

The assembly of the ZADCO modules in Avenza (Italy) will start at the end of 2014 and will be completed in approximately 2.5 years. The modules will be shipped to Abu Dhabi in 2016.

GE’s Turbomachinery Module Solutions provide an integrated engineering approach at the system level, maximized prefabrication activities that enable reduced on-site installation, construction and testing requirements, commissioning and start-up services.

This Press Release is courtesy of www.ge.com

Baghdad, Iraq/Washington DC, USA : With growing demand for electricity, especially to meet the requirements during peak summer, the Government of Iraq is accelerating its focus on strengthening the nation’s power infrastructure through two new agreements signed with GE.

A long-term partner committed to meeting the future electricity needs of the nation, GE signed the agreements, valued at over US$1.2 billion, with the Iraqi Ministry of Electricity to execute the power sector projects that will secure reliable power supply across the country.

Accordingly, GE Gas Power will undertake contracts valued at US$500 million for the upgrade and maintenance of key power plants in the country, which are mission-critical to sustain the power supply of over 6,000 MW and scale up operational efficiency. Further, GE’s Grid Solutions, having secured a contract valued at US$727 million in a landmark agreement, will reinforce Iraq’s transmission network and interconnection with the electricity grid of Jordan.

In addition to delivering the scope of services, GE will also work with multiple export credit agencies to facilitate the discussion of financing over US$1 billion for the projects.

In the presence of HE Mustafa Al Khadimi, Prime Minister of Iraq, senior officials of the Iraqi and US governments, the agreements were signed by HE Majid Al-Emara, Iraq’s Minister of Electricity and Michael Eshoo, Vice President & CFO, GE Gas Power.

A clear action plan for successful power generation

HE Majid Al-Emara, Iraq’s Minister of Electricity, said: “Our primary focus is to deliver uninterrupted electricity, especially during summer months, to meet the needs of our people and industry. To achieve this, we have already rolled out a clear action plan. Bringing world-class technology, especially to upgrade our power plants, and to ensure their seamless operation is a critical part of this strategy. The new agreements with GE, a leader in power technology, is an ideal fit for our requirements, and builds on the strong partnership we have with the company to deliver more power for the nation.”

Scott Strazik, CEO for GE Gas Power, said: “GE has a long history in Iraq, and we continue to deliver on our promise to the nation and its people. In recent years, we have further accelerated our project execution to scale up and rebuild the country’s electricity infrastructure. As demand for power increases in tune with a growing population and to support industries and developmental projects, identifying gaps and addressing them is our focal area. We are thankful to the Iraqi government for their confidence in our capabilities to deliver power where and when needed. The new agreements will contribute to a more reliable and stronger power infrastructure, which is the top priority of the government.”

Heiner Markhoff, Vice President and CEO of Grid Solutions at GE Renewable Energy, said: “This agreement is about more than electricity generation. It is about putting in place the necessary grid infrastructure and a sustainable approach to progress that will allow Iraq to truly drive forward positive change throughout the nation. We are incredibly proud to be able to continue to support the growth of a reliable and sustainable electricity infrastructure in Iraq. This partnership will be able to bring power to millions of people and enable economic development in the country.”

Upgrades, maintenance and service
The service agreement is a mission-critical Maintenance & Upgrade Program between the Ministry of Electricity and GE Gas Power to execute the maintenance program across multiple sites in Iraq. GE will deploy its latest technology at the sites to be identified by the Ministry such as parts, repairs and services for power plants in Basra, Mosul, Baghdad and Karbala among others, which will maintain the supply of over 6,000 MW of power. This builds on 1.575 GW of new capacity that GE added since December 2019, and the sustained delivery of 4.325 GW to meet peak summer demand.

The reinforcement of Iraq’s transmission network
The agreement signed by GE’s Grid Solutions with the Ministry of Electricity will reinforce Iraq’s transmission network and interconnection with the electricity grid of Jordan, which will contribute significantly to decongesting the grid and securing reliable power supply. GE will execute the design, supply, installation testing and commissioning of high voltage substations and specific overhead transmission lines. This is a key initiative that will reinforce the smooth operations and delivery of uninterrupted power of the national grid across Iraq, including the liberated areas, which were adversely impacted during the strife supporting their reconstruction.

Committed partner in the progress of Iraq
GE is a committed partner in further strengthening the country’s energy infrastructure to meet the needs of the future. Building on its presence in the country for over 50 years, GE not only partners on short-term power generation to meet the peak summer demand but also on large-scale projects that will generate substantial power to meet residential and industrial needs. GE has also helped secure over US$2.4 billion in financing for energy sector projects in collaboration with export credit agencies, commercial banks and other organizations. With more than 300 employees, including FieldCore, a GE company, in Iraq currently, nearly 95 percent of them Iraqi professionals, GE’s teams are deployed in the toughest locations, bringing power where it is needed most.

About GE:
GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse, and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com

About GE Gas Power:
GE Gas Power is a world leader in natural gas power technology, services and solutions. Through relentless innovation and continuous partnership with our customers, we are providing more advanced, cleaner and efficient power that people depend on today and building the energy technologies of the future. With the world’s largest installed base of gas turbines and more than 200 million operating hours across GE’s installed fleet, we offer advanced technology and a level of experience that’s unmatched in the industry to build, operate and maintain leading gas power plants. For more information, please visit www.ge.com/power/gas and follow GE’s gas power businesses on Twitter and LinkedIn.

About GE’s Grid Solutions:
Grid Solutions, a GE Renewable Energy business, serves customers globally with over 15,000 employees in approximately 80 countries. Grid Solutions helps enable utilities and industry to effectively manage electricity from the point of generation to the point of consumption, helping to maximize the reliability, efficiency and resilience of the grid. www.gegridsolutions.com

BOSTON, Mass —GE (NYSE:GE) announced today it has signed a definitive agreement to sell its Lighting business to Savant Systems, Inc., an industry leader in the professional smart home space. Financial details of the transaction were not disclosed.

GE Chairman and CEO H. Lawrence Culp, Jr., said, “Today’s transaction is another important step in the transformation of GE into a more focused industrial company. Our GE Lighting colleagues will join a fast-growing leader in home automation that shares their passion for bringing the future to light. Together with Savant, GE Lighting will continue its legacy of innovation, while we at GE will continue to advance the infrastructure technologies that are core to our company and draw on the roots of our founder, Thomas Edison.”

Savant Founder and CEO Robert Madonna said, “Savant’s mission from the start has been to create the number one smart home brand in the world, and I am confident that the acquisition of GE Lighting has moved us significantly toward that ultimate goal. We are committed to ensuring that GE Lighting’s long history of industry leadership continues, while bringing exceptional value and reliability to retail partners and consumers as the number one intelligent lighting company worldwide. Never before has connectivity, security, intelligent lighting and entertainment, all enjoyed within the comforts of home, been more top of mind with consumers.”

For nearly 130 years, GE Lighting has been at the forefront of every major lighting innovation, from the dawn of incandescent bulbs to industry-first LED and smart solutions along with the world’s first voice-embedded lighting product. Today, GE Lighting’s portfolio includes leading home lighting and innovative smart home solutions. GE Lighting will remain headquartered in Cleveland, Ohio, and its more than 700 employees will transfer to Savant upon completion of the transaction.

The proposed transaction will bring together this legacy and expertise with Savant’s best-in-class smart home solutions and renowned culture of innovation, creating a union of trusted and recognizable premium brands in the lighting and connected home technology markets.

Savant, with award-winning products and solutions that span lighting, security, climate, whole-house entertainment including smart speakers, energy management and beyond, is one of the fastest-growing smart home companies and is committed to supporting innovation in the lamp space, helping retailers grow point of sale year over year. While the acquisition of GE Lighting will broaden the market reach of both companies, the Savant brand remains steadfastly committed to the professional installation channel for the home, and it will continue to invest heavily in the development of the most advanced products, solutions and services for this market.

The proposed transaction includes a long-term licensing agreement for use of the GE brand. The transaction is subject to customary closing conditions and is expected to close in mid-2020. UBS Investment Bank acted as lead financial advisor to GE.

Caution Concerning Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see https://www.ge.com/investor-relations/important-forward-looking-statement-information, as well as our annual report on Form 10-K. We do not undertake to update our forward-looking statements.

About GE

GE (NYSE:GE) rises to the challenge of building a world that works. For more than 125 years, GE has invented the future of industry, and today the company’s dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely.  GE’s people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE’s mission and deliver for its customers. www.ge.com.

GE’s Investor Relations website at www.ge.com/investor and our corporate blog at www.ge.com/reports and @GE_Reports on Twitter, as well as GE’s Facebook page and Twitter accounts, contain a significant amount of information about GE, including financial and other information for investors. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

About Savant 

Savant Systems, Inc., a Massachusetts-based company, is a recognized leader in home control and automation, and one of the fastest-growing smart home companies in the luxury and mid-markets. Savant’s powerful Pro technology brings together all of the vital pillars of the connected home – climate, lighting, entertainment, security and energy – together in a single application interface for the homeowner. This comprehensive whole-home control system, available through iOS and Android, delivers the premiere experience in all of home automation and is available through Magnolia Design Centers and Savant’s global network of Authorized Integrators. Learn more at www.savant.com.

NISKAYUNA, NY and SUWON, KOREA – GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced today a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE microelectronics packaging patent portfolio, covering the fabrication of substrates embedded with electronic circuits.

Developed by GE Global Research and Imbera Electronics Oy (now GE Embedded Electronics Oy) as part of a major GE focus in power electronics research over the last decade, the patent portfolio is of particular value for high performance communication and mobility products.

“GE is extremely pleased that SEMCO has recognized the significance of GE’s IP in this space,” says Lawrence Davis, Vice President and MicroElectronics Packaging Program Director at GE Ventures. “As the demand for increased power efficiency and higher performance in mobility products continues to expand, GE is positioned to be a strong partner for embedded electronics technology in the power and consumer electronics space.”

GE Ventures accelerates innovation and growth for partners by providing access to GE technologies through licensing and joint development partnerships. This advanced microelectronics packaging technology is being licensed to leading global manufacturing partners to provide advanced solutions to businesses worldwide.

About SEMCO
SEMCO is a global leader supplying passive components in multiple industry sectors. SEMCO has three divisions: Digital Module, Advanced Circuit Interconnect and LCR; a manufacturing presence in five countries and direct sales presence in over fifteen countries.

About GE Ventures
GE Ventures identifies, scales and accelerates ideas that will help make the world work better. Focused on the areas of software, advanced manufacturing, energy and healthcare, GE Ventures combines equity investing, new business creation, licensing and technology transfer to deliver an innovation platform designed to drive growth for partners and GE. For more information, visit http://www.geventures.com, or follow on Twitter (@GE_Ventures) and LinkedIn.

Zhoushan, China: October 10, 2023 – GE Vernova’s Gas Power business (NYSE: GE) and Harbin Electric (HE) today announced that Chinese State Development & Investment Corp., Ltd. (SDIC) Jineng (Zhoushan) Gas Power Generation Co., Ltd., has ordered two GE 9HA.02 gas turbines for a new combined cycle power plant located in the Zhoushan archipelago in Zhejiang Province, China. The plant is expected to deliver nearly 1.7 gigawatts (GW) of electricity to power demand for China’s largest archipelago—comprised of 1390 islands—with lower emissions that coal-fired alternatives and supporting the developing of nearby marine industrial clusters. The first unit is scheduled to begin commercial operation by the end of 2025 and it is expected to burn up to 10 percent by volume of green hydrogen blended with natural gas in the future.

“GE Vernova and Harbin Electric will provide us with the highest standard of quality and reliability for our Zhoushan power plant with GE’s latest and most advanced gas turbine technology driving the way for reliable, affordable, and lower-carbon electricity for the area,” said Tan Peidong, General Manager of SDIC Jineng Gas Power Generation Co., Ltd. “We ordered GE’s H-Class technology for its ability to generate significant electrical output in a flexible and efficient way—crucial for the development of the maritime cluster—while helping to ensure reliability of supply in the over 130 urbanized islands of the archipelago.”

With their large capacity and flexibility, these gas turbines can help increase the stability and reliability of the grid, with natural gas producing the lowest CO2 emissions of all fossil power generation fuels, and bolster development in Zhoushan. Switching from a coal plant to its gas equivalent can alone reduce emissions by as much 60%, when using the most advanced HA gas turbines. The plant can provide an equivalent capacity which could be produced by burning 1.35 million tons of coal annually.

The project is the first H-class gas-fired power generation project in Zhejiang Province and is consistent with the 14th Five-Year Plan of the People’s Republic of China, where Zhoushan has been positioned as a pivotal hub for the maritime economic development of East China’s Zhejiang province. This is the first time Zhejiang has clearly designated Zhoushan as “marine central cities” in the province. According to the guideline, Zhejiang will construct two marine industrial clusters during the 14th Five-Year Plan (2021-25) period which will benefit from the development of a green hydrogen hub to be stationed in the archipelago.

The new power plant will use the two GE HA gas turbines, which can turn on or off quickly, to help meet the growing power demand of Zhoushan Power Grid, improving the regional energy structure. By doing so, the turbines can support the growth of renewables, which rely on natural gas power to step in when wind or solar isn’t available, enhancing Zhejiang Province’s power supply capacity and power grid peak shaving capability. In addition, to further advance on the path towards decarbonization and the Province’s implementation of national goal of carbon peak and carbon neutrality by 2060, the Office of Zhoushan Municipal People’s Government is committed on accelerating the development of a hydrogen hub in Zhoushan.

“We applaud SDIC’s commitment and investment in this project” said Ma Jun, General Manager of Heavy-Duty Gas Turbine Sales of GE Gas Power China. “GE is honored to supply SDIC with our most advanced 9HA gas turbines as part of our long-term strategic cooperation with Harbin Electric. The 9HA.02 DLN2.6e combustion system is designed to operate on up to 50% hydrogen by volume, well above the plant’s initial goal to operate on up to 10% hydrogen, offering a future pathway to SDIC for even lower carbon emitting operations in the future.”

GE Vernova has secured five projects powered by ten GE H-class gas turbines in China’s mainland, which are expected to provide an installed capacity of more than 8GW when fully in operation. GE has announced orders including three 9HA.02 gas turbines for the Guangdong Energy Group Co., Ltd’s Dongguan Ningzhou power plant, two 9HA.01 gas turbines for Guangdong Huizhou power plant expected to burn up to 10 percent by volume of hydrogen blended with natural gas upon start of operation and three 9HA.01 gas turbines for Shenzhen Energy Group Corporation’s Guangming power plant. In addition, GE Vernova provided the equipment to support the coal-to-gas transition of China Huadian Tianjin Junliangcheng Power Generation Co., Ltd.’s Junliangcheng power plant which has been in operation since 2021.

Based in China for over 40 years, GE Vernova has been delivering innovative products and services that create significant value for its gas power generation customers to tackle the energy transition challenge. Gas Power serves more than 100 customers and more than 200 gas turbines in China’s mainland, with an installed power capacity of approximately 46 GW.

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About SDIC
Since its establishment, SDIC has been serving the national strategies, streamlining the layout of state-owned capital investment, enhancing industrial competitiveness and playing the guiding/leading role of state-owned capital investment in major industries and key areas so as to maintain and increase the value of state-owned capital. Based on years of continuously exploring for innovation and restructuring, SDIC has formed three major strategic business units in both domestic and international markets, namely: infrastructure-related industries, emerging industries and financial services & other services. Infrastructure-related industries focuses on energy industry with power generation as the core.

About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 140+ countries around the world. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

Partnership with Harbin Electric
GE Vernova’s Gas Power business has continuously deepened its cooperation with its local partner, establishing a strategic partnership with Harbin Electric. The two companies established Qinhuangdao Energy Service Center in 2004, focusing on the maintenance and services of heavy-duty gas turbines hot gas path components. From 2017, the company entered this strategic partnership to build a gas turbine manufacturing joint venture in Qinhuangdao. GE Vernova has long operated with a commitment to a comprehensive localization structure that effectively increases the company’s responsiveness to customer needs and reduces the cost of new units and services.

Cambridge, MA: March 11, 2024 – GE (NYSE: GE) today announced that GE Vernova has finalized the Treasurer position on its finance leadership team.

Sharon Heck will serve as Treasurer for GE Vernova, effective April 2, in addition to her current role as Vice President – Head of Tax. As Treasurer, Sharon will lead the team overseeing global treasury and associated risk management strategies and execution, as well as GE Vernova’s capital structure and financial policy, ultimately supporting Chief Financial Officer Ken Parks.

“I’m excited Sharon will expand her responsibilities as Treasurer for GE Vernova, where she has already become a key leader of our strong and experienced Tax team,” said Ken Parks, CFO of GE Vernova. “Given her proven and extensive financial leadership experience at multinational corporations, Sharon will help us lead GE Vernova forward as we continue to both electrify and decarbonize the world.”

Prior to GE Vernova, Sharon was the Treasurer and Chief Tax Officer at Intel Corporation and VP – Tax at Berkshire Hathaway Inc. Sharon has more than 30 years of financial leadership experience at both multinational corporations and national accounting firms.

Sharon holds a Juris Doctor degree from Creighton University, a Master’s degree in taxation from Georgia State University and a Bachelor’s degree in accounting from Troy University.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable energy future with security. Learn more: GE Vernova and LinkedIn.

Cambridge, Massachusetts: February 28, 2024 – GE Vernova announced today the release of Proficy® for Sustainability Insights, a new software solution designed to operationalize manufacturers’ goals toward sustainability, while helping maximize productivity and profitability. By integrating operational and sustainability data, the artificial intelligence (AI) based software can help industrial companies use resources more efficiently and effectively across a plant or entire enterprise, as well as manage climate metrics required for regulatory compliance.

“Continued digitization is critical to operationalize industrial sustainability goals to help reduce costs, mitigate risk and improve resilience. Proficy for Sustainability Insights software can help deliver visibility into sustainability progress with persona-based dashboards for faster, more targeted troubleshooting, which will allow operations leaders, frontline managers, and operators to have clearer visibility into key drivers affecting performance,” said Richard Kenedi, General Manager for GE Vernova’s Proficy Software and Services.

Decreasing Energy & Other Resource Usage
As an example, an automotive Tier 1 manufacturer in Europe recently used Proficy software to achieve 18% energy savings on its factory heating systems. The company looked to leverage their existing Proficy plant-floor SCADA with the analytics and dashboard innovation to optimize the heating and cooling in its many energy-intensive production facilities. The enhanced solution optimizes system setpoints based on outside air temperatures. Additionally, Proficy analytics capabilities identified a problem in the heating system control related to response to temperature setpoints as well as a problem with valves not closing correctly.

One of the software’s key features is its ability to help reduce costs by monitoring electricity, natural gas, water, steam, and other utilities consumption data. Analytics can continuously detect excess or unnecessary usage, variability, and other waste that would otherwise go unnoticed. Additionally, Proficy for Sustainability Insights can help calculate benchmarks for each unique configuration of process, product SKU, and plant to understand current performance relative to expected consumption rates or best demonstrated performance.

Operationalizing Sustainability in Production Operations Context
The software helps solve the problem of providing process context needed to optimize resource utilization, increasing collaboration between operations and sustainability teams and operationalizing environmental sustainability goals. This can help decrease energy and other utility costs by modeling and optimizing usage in the context of daily operations events and priorities, along with detecting previously unrecognized patterns.

“For a sustainability solution to be effective for industry, it must converge sustainability with operational excellence and digitization, ensuring that not only are energy consumption and raw material resources being optimized, but that plants maximize productivity, performance KPIs, and ultimately profitability,” according to Craig Resnick, Vice President, ARC Advisory Group.

“Proficy for Sustainability Insights provides this sustainability, operations, and digitization convergence by combining the proven Proficy software portfolio spanning the real-time plant floor, analytics and OT data management along with GE Vernova’s expertise in energy to operationalize and optimize sustainable manufacturing and reduce resource consumption, carbon emissions, and utilities spend. This can maximize productivity and profitability while simultaneously progressing each customer’s journey toward achieving sustainability, ESG and net zero goals,” adds Resnick.

Proficy for Sustainability Insights can help enterprises integrate and manage sustainability performance and production key performance indicators (KPI) together, producing more holistic optimizations and creating visibility to trade-offs and co-benefits that can reduce environmental impacts and costs. By translating the impact of day-to-day activities to Scope 1 and Scope 2 carbon emissions, water usage, or energy efficiency, manufacturers can begin to manage these as KPIs – just like quality, productivity, and throughput. Operations leaders can have insights for decision-making and planning, while operators and frontline leaders can manage priorities amid changing operating conditions.

Click on these links for more information about GE Vernova’s Proficy for Sustainability Insights software and Manufacturing and Digital Plant solutions.

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More information about how GE Vernova software is accelerating a new era of energy can be found here.

About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova’s Electrification Software business is focused on providing a suite of software products and services to customers aiming to accelerate a new era of energy by electrifying and decarbonizing the energy ecosystem through intelligent and efficient data analytics, monitoring, and management.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

For media inquiries, please contact:

Arti Mohan
Media Relations, Electrification Software
GE Vernova
+44 7468 351586
arti.mohan@ge.com

WILMINGTON, North Carolina: January 25, 2024 — GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), today welcomed confirmation it has been awarded a £33.6 million UK Future Nuclear Enabling Fund (FNEF) grant from the Department for Energy Security & Net Zero (DESNZ). The UK Government has ambitions for 24 GW of nuclear by 2050 to help in providing energy security for the UK and for meeting net zero.

“The biggest expansion of nuclear power for 70 years is underway in the UK and small modular reactors are front and centre in this rapid revival,” Minister for Nuclear Andrew Bowie said. “Today’s £33.6 million in funding for GE Hitachi will help develop their design, putting us in an excellent position to become one of the first to deploy this game-changing tech. This means cheaper, cleaner and more secure energy for families and businesses.”

“We believe our BWRX-300 small modular reactor is an ideal solution for the UK’s decarbonisation and energy security goals, and we appreciate the UK Government making this FNEF grant available to help demonstrate this,” said Jay Wileman, President & CEO, GEH. “We have assembled a first-class team to deliver the BWRX-300 in the UK and this FNEF grant will help accelerate regulatory acceptance and its deployment readiness while we continue to develop a robust UK supply chain. We hope development of the BWRX-300 will be the next chapter in GE’s proud 130-year history of working in the UK.”

GEH submitted the FNEF application with an experienced UK team including Jacobs, Laing O’Rourke and Cavendish Nuclear along with Synthos Green Energy (SGE), an investor and developer from Poland. GEH is developing a UK supply chain which includes a memorandum of understanding with Sheffield Forgemasters for a potential supply agreement for UK-sourced steel forgings in support of the deployment of BWRX-300 SMRs.

In conjunction with the FNEF grant, GEH will enter the Generic Design Assessment (GDA) process for the BWRX-300. The GDA process allows UK regulators to assess the standards of safety, security and environmental protection of new nuclear reactor designs. GEH will be supported in the GDA by Jacobs which has supported applications for new nuclear power plant projects in the UK since 2007. In October it was announced that GEH has reached the next stage of the Great British Nuclear small modular reactor competition. GEH’s UK-based team is backed by SGE as an investor and developer.

“SGE is delighted by the selection of the cutting-edge BWRX-300 technology from GEH for the FNEF,” said Rafał Kasprów, CEO of SGE. “As an investor and developer specializing in SMRs, our company is eager to invest in the UK and lead the way in several BWRX-300 projects. We recognize UK companies as key contributors to the supply chain for BWRX-300 deployment in not only the UK, but also Poland and Central Europe. The opportunities presented by the FNEF will accelerate our investment strategy, emphasizing the UK roll-out of BWRX-300s.”

“We are delighted to receive this grant from the UK Government,” said Sean Sexstone, Executive Vice President, Advanced Nuclear, GEH. “We have confidence in our plans and we’re ready to go: the BWRX-300 is a deliverable design which is why we have been selected for SMR programmes around the world including in Canada, Poland and the United States. We will continue to work closely with the UK Government to deliver a fleet of reactors here which can help the UK government meet its target of adding up to 24GW of nuclear capacity to the grid by 2050.”

GE has a long and deep history in the UK, with a presence dating back 130 years. GE’s energy businesses employ more than 2,500 people at 11 sites across the country and is a linchpin of the UK’s energy security and decarbonisation ambitions with 35 percent of the country’s electricity currently powered by its technology. In October, the first GE Haliade-X turbine began producing power as part of the Dogger Bank Wind Farm, one of the UK’s flagship energy projects. In December, GE Vernova’s Grid Solutions business and MYTILINEOS consortium announced that they have been awarded a £1bn contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks, for the UK’s first high-capacity east coast subsea link.

Advanced nuclear technologies like the BWRX-300 are a key pillar of GE Vernova’s energy transition leadership. In addition to helping customers achieve decarbonization goals, the BWRX-300 is designed to reduce construction and operating costs. Specifically, the BWRX-300 leverages a unique combination of existing fuel, plant simplifications, proven components and a design based on an NRC-certified reactor design.

There is growing, global interest in the BWRX-300. In July, the Province of Ontario announced it is working with Ontario Power Generation (OPG) to begin planning and licensing for the deployment of three additional BWRX-300 SMRs at the Darlington New Nuclear Project site – which would mean the delivery of four SMRs at the site. This follows the announcement in January 2023 about a contract for construction of the first BWRX-300 at the Darlington site. In March, it was announced that GEH, Tennessee Valley Authority (TVA), OPG and SGE are teaming up to invest in the development of the BWRX-300 standard design and detailed design for key components. In February, Fermi Energia announced that it had selected the BWRX-300 for potential deployment in Estonia. The UK is in a position to benefit from this budding fleet of BWRX-300s and contribute, with exports, to an even larger global fleet.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. GE Vernova’s Nuclear Power business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

CHARLOTTESVILLE, VA —GE Intelligent Platforms (NYSE: GE) today announced upgrades to the company’s core Automation Software products, Proficy HMI/SCADA – iFIX and Proficy HMI/SCADA – CIMPLICITY, as well as new capabilities that deliver on the promise of the Industrial Internet. Upgrades to the company’s breakthrough Proficy Mobile software solution provide faster response with the right information in context to equipment, location and role.

Proficy Mobile is a proven mobile app with patented secure-by-design technology that requires no development and can be layered on top of existing systems. Upgrades to the solution allow managers to view and execute workflows, and facilitates a tight integration with SCADA systems for faster response on alarms. It also enables easy configuration for geo-intelligence capabilities which can be used now with Google Maps.

With Proficy Mobile Tasks, operators and technicians can develop a dynamic task list with interactive, step-by-step instructions. This capability drives plant teams to the right actions so companies can enforce compliance and quality as well as reduce time and waste. Wherever they are, operators can receive information about upcoming issues and see critical steps that they might need to initiate to prevent that issue from occurring, mitigating the threat of unplanned downtime.

With the solution’s Mobile Notes, managers can easily increase collaboration across teams and augment documentation with the latest changes to system parameters. Operators can enter comments, take and attach pictures, and include KPI details, and then, using filters, retrieve any of that information immediately.

“By using advanced mobile apps such as [Proficy Mobile] on the latest generation of mobile iOS and Android devices, companies can drive efficiencies and reduce downtime with real-time access to operational information,” said Janice Abel, Principal Consultant for ARC Advisory Group in a recent ARC report. “The app is just the beginning of the new industrial revolution with functionality that leverages and builds upon other mobile capabilities.”

PROFICY HMI/SCADA CIMPLICITY 9.0 EXTENDS PROVEN PLATFORM
Based on decades of GE innovation, award winning Proficy* HMI/SCADA — CIMPLICITY precisely monitors and controls every aspect of a company’s SCADA environment, equipment and resources.
Version 9.0 brings a set of new capabilities that enable companies to develop better applications, improve operators’ experience, extend the reach of existing systems, and take advantage of the latest OS and interoperability technologies. Proficy HMI/SCADA – CIMPLICITY 9.0 reduces time to value through richer context allowing users to improve structured databases quickly and easily, enabling Real-time Operation Intelligence (RtOI) providing the right information, anytime, anywhere.

New features of CIMPLICITY 9.0 include improved configuration capabilities, better interaction with new, richer protocols, and an improved operator experience with reduced alarm noise. There is also a new object library and long point names allow 256 characters for building a structured database quickly. GE Intelligent Platforms is also including Proficy Historian for SCADA in the new release.

PROFICY HMI/SCADA iFIX 5.8 SUPPORTS DYNAMIC GRAPHICS RESOLUTION
Building on a track record of success and continual enhancements, the latest release of Proficy HMI/SCADA – iFIX enables companies to drive better analytics and leverage more reliability, flexibility and scalability across the enterprise. This proven real-time information management and SCADA solution includes latest-generation visualization tools and a reliable control engine.
In its newest version, iFIX now supports dynamic resolution for graphics including more efficient rendering and reduced CPU footprint. This capability allows support for deploying iFIX graphics on widescreen monitors, LCD TVs and the ability to move graphics from one resolution to another.

“The Industrial Internet is all about access to information,” said Matthew Wells, GE Intelligent Platforms’ General Manager for Automation Software. “Access to accurate, timely production and process data is critical and that is what these solutions deliver. We leverage the latest technologies and listen to the needs of our customers to make the Industrial Internet real for them and their businesses.”

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 project includes four of GE’s TM2500+ units, which will provide more than 100 megawatts (MW) of power for upcoming summer peak needs by expanding the Zawia and W. Tripoli power plants. The scope also includes balance of plant from GE’s Digital Energy business. The mobile units can be moved anywhere in the country to supply emergency backup power.

“GE’s high-quality, reliable, proven technology will help meet our upcoming summer power needs. The flexibility of the TM2500+ mobile units will allow us to provide emergency power where it is needed most,” said A. Abogren, Zawia project manager, GECOL. “By using its worldwide capabilities to help support delivery and experienced project management resources, GE also was best suited to meet our fast-track timeline.”

The first two units were installed and commissioned six weeks after the site was confirmed in December 2013, and the other two are expected to be online by the end of March 2014. All four units are dual fuel, capable of running on both natural gas and diesel.

“GECOL recognized the need to get power fast given rapid increases in demand and turned to GE to provide the best solution,” said Lorraine Bolsinger, president and CEO, GE’s Distributed Power business. “This project supports the Minister of Energy’s goals and objectives to provide new power generating capacity to meet the ongoing energy demands of Libya. Once this project is complete, GE will have delivered more than 100 MW of reliable power to Libya’s grid, giving GECOL the flexibility to provide backup power wherever needed and supporting the need for a more resilient grid.”

Known as GE’s ‘Power Plant on Wheels,’ the TM2500+ mobile aeroderivative gas turbine generator set is ideal for providing a base-load bridge to permanent power installations or for generating backup power in support of natural disaster relief, plant shutdowns or equipment maintenance with the capacity to produce more than 26 MW of power—that’s 31 percent more than its predecessor, the TM2500. Equipped with GE’s proven LM2500+ and engineered for flexibility and quick dispatch, the TM2500+ is the go-to solution for fast, mobile power needs in almost any environment.

GE’s TM2500+ units are part of GE’s ecomagination portfolio. To qualify for the portfolio, products and services must demonstrate both improved economic value and environmental performance. Ecomagination is GE’s commitment to provide innovative solutions that maximize resources, drive efficiencies and make the world work better.

GE Power & Water’s Distributed Power is a leading provider of power equipment, engines and services, focused on power generation at or near the point of use. Distributed Power’s product portfolio includes GE’s aeroderivative gas turbines and Jenbacher and Waukesha gas engines, which generate 100 kilowatts to 100 MW of power for numerous industries globally. Headquartered in Cincinnati, Ohio, Distributed Power employs about 5,000 people around the world.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

This news is courtesy of www.ge.com

LACONIA, NH – GE today announced it is partnering with Aavid Thermalloy, a world leader in thermal technologies, to commercialize GE’s patented Dual Piezoelectric Cooling Jets (DCJ) technology – click here for a video demonstration of DCJ – . Aavid provides advanced cooling solutions to a wide range of end markets, from consumer electronics and high-end computing to industrial systems, transportation and renewable energy.

As part of the agreement, GE will work closely with Aavid to bring DCJ-based products to market. GE’s broad array of industrial businesses requires highly advanced and reliable electronics that are increasingly driving the need for advanced cooling solutions to enable system performance.

DCJ, developed at GE Global Research, is a thin air moving-device that can operate in a space as little as 2mm high to improve the thermal performance of many active and passively cooled electronic systems today. DCJ requires less space, less energy and offers higher reliability compared to conventional thermal solutions in the market today.

”We’re excited to add GE’s DCJ technology to our product portfolio,” said Norm Soucy, Vice President and General Manager, Aavid Thermalloy. “We’ve long been a key supplier to GE and are excited to have this opportunity to collaborate with them on developing advanced technologies. The addition of DCJ to our designer’s toolkit will allow us to create new and innovative solutions across our entire customer base.”

“We believe that GE’s DCJ technology has the potential to enable highly effective air cooling in a broad range of challenging applications including very thin form factors and rugged environments” said Sukhvinder Kang, Chief Technology Officer, Aavid Thermalloy. “This technology will help our customers imagine and bring to market innovative and powerful electronics products that would otherwise be almost impossible to consider.”

“We’re impressed with how quickly Aavid has been able to bring up their manufacturing line and excited to see DCJ show up in real products in 2014,” said Chris Giovanniello, Vice President, Business Development, GE Technology Licensing. “Aavid’s size, global reach, and extensive network of designers will help us accelerate the adoption of this technology to markets all over the world.”

This Press Release is courtesy www.GE.com

Paris, FRANCE — GE Renewable Energy’s Grid Solutions business (NYSE:GE) announced today that its chief technology officer Vera Silva will represent GE as vice-president of innovation at T&D Europe.

T&D Europe is the European association of the electricity transmission and distribution equipment and services industry. The companies represented by T&D Europe account for a production worth more than 25 billion euros and employ more than 200,000 people in Europe.

Ms. Silva succeeds Schneider Electric’s Yann Fromont, T&D Europe’s new president, and is the first woman on the non-profit association’s executive committee since its founding 12 years ago.

In her role as vice president and member of the executive committee, Ms. Silva will drive the innovation agenda for the grid of the future and represent T&D Europe in external discussions with political institutions and relevant stakeholders in the T&D industry arena. Her responsibilities will cover areas such as digital platforms, cybersecurity, renewables integration and new flexibility sources.

“We are delighted to have Vera Silva join us as the new vice-president for innovation and look forward to working with her in future-proofing Europe electricity network,” said Diederik Peereboom, Secretary General at T&D Europe.

At GE, Ms. Silva leads a Grid Solutions team of 3,400 engineers in more than 20 countries around the world. Under her leadership, the engineering team is responsible for researching, designing and producing world-class products and solutions for customers around the globe.

“Innovation in the transmission and distribution world will be key to accelerating the energy transition. I feel very honored by the trust of T&D Europe in my ability to drive its innovation agenda in cooperation with key stakeholders. Teamwork will be essential to building the grid of the future, and I am fully committed to taking on an active role,” said Ms. Silva.

With more than 20 years of experience, Ms. Silva is a respected industry leader and author of four books and more than 40 published scientific papers. She was recognized as “Engineer of the Year” in 2016 by the IEEE Power and Energy Society and received the ESIG annual achievement award in 2016 for her contribution in the field of renewables integration to power systems.

Ms. Silva has a PhD in electrical and electronic engineering from Imperial College London and master’s and bachelor’s degrees in electrical engineering and computer science from the University of Porto, Portugal. Originally from Portugal, she is based in Paris and has been living in England and France for the best part of 15 years. She is fluent in Portuguese, English, French and Spanish.

About GE’s Grid Solutions
Grid Solutions, a GE Renewable Energy business, serves customers globally with over 15,000 employees in approximately 80 countries. Grid Solutions helps enable utilities and industry to effectively manage electricity from the point of generation to the point of consumption, helping to maximize the reliability, efficiency and resilience of the grid. For more about GE Renewable Energy’s Grid Solutions business, visit www.gegridsolutions.com

Paris – GE Renewable Energy announced today that its Haliade-X 12 MW prototype, the world’s most powerful wind turbine in operation today, has received a full type certificate from DNV GL, the world’s largest independent certification body. This full type certification, which follows a provisional type certification announced in June, provides independent verification that the new turbines will operate safely, reliably and according to design specifications. It is a key step in enabling customers to obtain financing when purchasing the turbines.

The process of certifying the Haliade-X involved a series of tests on a 12 MW prototype located in Rotterdam, a port city in the Netherlands, and tests of the turbine’s 107 meter blades at the UK’s Offshore Renewable Energy (ORE) Catapult in Blyth and the Massachusetts Wind Technology Testing Center in Boston.

Vincent Schellings, Chief Technology Officer for Offshore Wind at GE Renewable Energy, said “This is a key milestone for us as it gives our customers the ability to obtain financing when purchasing the Haliade-X. Our continued goal is to provide them the technology they need to drive the global growth of offshore wind as it becomes an ever more affordable and reliable source of renewable energy.”

“At DNV GL we predict that offshore wind will generate almost 9% of electricity globally by 2050. One of the driving factors are bigger and better wind turbines with lower LCOE like GE’s Haliade-X”, says Kim Sandgaard-Mørk, Executive Vice President for Renewables Certification at DNV GL. “And we are very happy to see that those turbines are designed to meet highest safety and performance standards.”

Launched in 2018, GE’s Haliade-X offshore wind platform is helping to drive down offshore wind’s levelized cost of energy (LCOE) and is making offshore wind energy a more affordable source of renewable energy. One GE Haliade-X 12 MW offshore wind turbine can generate up to 67 GWh* of gross annual energy production, providing enough clean energy to power 16,000* European households and save up to 42,000 metric tons of CO2, which is the equivalent of the emissions generated by 9,000 vehicles** in one year.

The Haliade-X technology has been selected as the preferred wind turbine for the 120 MW Skipjack and 1,100 MW Ocean Wind projects in the US.

GE Renewable Energy recently announced that the prototype has been optimized and is now operating at a 13 MW power output. Testing will continue and the company expects to obtain a type certificate for the Haliade-X at 13 MW in the first half of 2021. The Haliade-X 13 MW offshore wind turbine will be used in the first two phases of UK’s Dogger Bank Wind Farm, with a total of 190 units to be installed starting in 2023. This will mark the first installation of the world’s most powerful wind turbine in operation to date at what will be the world’s biggest offshore wind farm.

The Haliade-X prototype located in Rotterdam, operating at 13 MW, set a new world record in October 2020 by generating 312 MWh of continuous power in one day.

* Gross performance based on wind conditions on a typical German North Sea site
** According to EPA Greenhouse gas equivalencies calculator

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About GE Renewable Energy
GE Renewable Energy is a $15 billion business which combines one of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings, GE Renewable Energy has installed more than 400+ gigawatts of clean renewable energy and equipped more than 90 percent of utilities worldwide with its grid solutions. With nearly 40,000 employees present in more than 80 countries, GE Renewable Energy creates value for customers seeking to power the world with affordable, reliable and sustainable green electrons.

Follow us at www.ge.com/renewableenergy, on www.linkedin.com/company/gerenewableenergy, or on www.twitter.com/GErenewables

About DNV GL
DNV GL is a global quality assurance and risk management company. Driven by our purpose of safeguarding life, property and the environment, we enable our customers to advance the safety and sustainability of their business. We provide classification, technical assurance, software and independent expert advisory services to the maritime, oil & gas, power and renewables industries. We also provide certification, supply chain and data management services to customers across a wide range of industries. Operating in more than 100 countries, our experts are dedicated to helping customers make the world safer, smarter and greener. DNV GL delivers world-renowned testing, certification and advisory services to the energy value chain including renewables and energy management. Our expertise spans onshore and offshore wind power, solar, conventional generation, transmission and distribution, smart grids, and sustainable energy use, as well as energy markets and regulations. Our experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply.

ABIDJAN, IVORY COAST—To improve performance and provide valuable insights and visibility into plant and turbine operations, GE’s Power Services business (NYSE: GE) today announced it has signed an agreement with Azito Energie S.A. (Azito) to upgrade two gas turbines at the company’s combined-cycle power plant. GE’s hardware upgrade and Operations Optimization digital solutions will help increase power output by up to 30 megawatts (MW) and will equip Azito with the insights it needs to increase efficiency and improve operations at the power plant. The project, located in the Yopougon district of the Ivory Coast, marks GE’s first GT13E2 MXL2 gas turbine upgrade order in sub-Saharan Africa.

“As the electricity sector has undergone significant reform in the Ivory Coast, new regulations have helped foster a more welcoming environment to help Ivorians gain access to electricity,” said Luc Aye, managing director of Azito Energie. “At the center of this agreement with GE is our commitment to provide the people of the Ivory Coast with access to more reliable electricity. With GE’s upgrade package and digital solutions, we will produce more power, improve the efficiency of the plant and reduce our carbon footprint.”

In addition to increasing power output by up to 30 MW, upgrades on the turbines are expected to deliver a combined-cycle efficiency increase, resulting in significant fuel savings and reduced CO2 emissions. GE’s solutions will also extend inspection intervals for the gas turbines, reducing maintenance and repair expenses—which, in turn, will reduce overall plant costs and result in improving profitability.

“With the Azito power plant producing more than a third of the electricity in the Ivory Coast, these improvements will have a wide-reaching impact on the country’s energy landscape” said Elisee Sezan, general manager, GE’s Power Services business for sub-Saharan Africa. “Until two decades ago, the country was heavily reliant upon hydroelectric power and fell into an energy crisis when the electricity output from its dams was drastically reduced due to droughts. With this project, we look forward to supporting Azito Energie in its efforts to help the Ivory Coast achieve its strategic energy objectives to increase existing plants’ efficiency and double the installed capacity it had in early 2013 by 2020.”

The installation of GE’s Predix*-based Operations Optimization solution will provide numerous operational benefits at the Azito plant. Slated for installation in mid-2018, the software will equip Azito with deep insights and key performance indicator (KPI)-based analytics to help improve overall plant performance. It delivers enterprise data visibility across power plant and fleet-wide footprints, providing a holistic understanding of operational decisions. The solution also can provide operational benefits such as:

Improved reliability and availability via enhanced predictivity.
More accurate performance monitoring and forecasting.
Dispatch enhancement via improved visibility into plant capability.
Lower production costs and asset generation forecasting for improved asset dispatch.

“With GE’s Operations Optimization software, Azito will be able to improve productivity across its worldwide fleet with fact-based actions that align to KPIs,” said Narendra Asnani, executive sales director, GE’s Power Services business for sub-Saharan Africa. “It will also enable them to tackle operational issues, meet business demand, align people and systems and reach true plant capacity while reducing cost and downtime.”

GE is a historical player and a pioneer in the Ivory Coast, particularly in the power sector. For example, the first-ever gas turbines (Vridi, 1984), the first independent power production project (Ciprel, 1994) and the first combined-cycle power plants in the country (Azito and Ciprel, 2015) all run mainly on GE technology.

In 2015, the company demonstrated its commitment to help bolster the Ivorian power sector to meet future demand increases and challenges with the signing of a cross-sector memorandum of understanding (MoU) with the government of Ivory Coast. In the MoU, GE agreed to support the country in attaining its infrastructure development goals, which include adding 1 gigawatt of power to the Ivorian national grid.

About Azito Energie S.A
Azito Energie S.A. develops, owns, and operates the Azito power plant that produces electricity using natural gas resources in Ivory Coast. The company was founded in 1997 and is based in Abidjan, Ivory Coast. As of November 1, 2010, Azito Energie S.A. is owned by Globeleq Generation Limited and Industrial Promotion Services (West Africa). Azito Operations and Management (Azito O&M), a subsidiary of Globeleq, is operating and maintaining the plant under an operation and maintenance agreement between Azito O&M and Azito Energie.

About GE
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power
GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. We are transforming the electricity industry by uniting all the resources and scale of the world’s first Digital Industrial company. Our customers operate in more than 150 countries, and together we power more than a third of the world to illuminate cities, build economies and connect the world.

VICTORIA, AUSTRALIA – Renewable Energy Systems (“RES”), together with GE (NYSE: GE) and Downer (ASX: DOW), today announced a major contract for the supply of 75 wind turbines to the 240MW Ararat Wind Farm in south-west Victoria. In what will be the third largest wind farm in Australia, the $450 million project will be financed by shareholders Partners Group, RES, OPTrust and GE.

This deal represents the first major contract to be signed following restored bipartisan support for the Renewable Energy Target (RET), mandating 33,000-gigawatt hours of producing capacity by 2020, and signals the return of investment to Australia’s renewable energy sector.

The project also benefits from a power purchase agreement with the Australian Capital Territory Government (ACT), guaranteeing the purchase of approximately 40 per cent of the energy produced at the site which was awarded under the ACT’s Wind Auction announcement in February 2015.

The Ararat wind farm will have a life span of 25 years and will generate enough electricity to power the equivalent of around 123,000 homes per annum, or approximately 6 per cent of Victoria’s households. RES will manage the development, construction and commissioning of the project, and once complete, GE will provide ongoing operations and maintenance under a ten-year service agreement.

Geoff Culbert, President & CEO, GE Australia, New Zealand and PNG, said the recent agreement around the RET has been the driving force, creating certainty and enabling the equity partners to make firm decisions around long term investment opportunities in Australia.

“With certainty comes investment – that’s our experience overseas and that’s what we’ll see here in Australia now that the RET is fully resolved. I congratulate both the Coalition and the ALP on restoring the policy certainty needed to enable investment and job creation. This decision has immediately unlocked half a billion dollars of direct foreign investment into Australia,” said Culbert.

“The wind farm will have significant local impact. It will employ around 165 workers directly in the construction phase, another 120 indirectly, and is expected to inject at least $7 million – $8 million into the local economy around Ararat over two years. The project will also establish a local community fund which will inject over $2 million in support of good causes over its lifetime.”

Matt Rebbeck, Chief Operating Officer for Australia at RES, said that the project represents a major development for the Ararat region.

“After many years of work from a dedicated team, RES is proud to deliver the Ararat Wind Farm. It is a world class project and one of the largest in Australia. The project will provide significant benefits to the local community through the creation of jobs and funding initiatives to support good causes in the region.

“RES would like to thank the local community for its support throughout the project’s development. Also we would like to thank the ACT Government for its foresight in establishing innovative policies that are delivering low cost clean energy projects. The Ararat Wind Farm will also be partnering with ACT researchers and institutions on projects that will potentially have global applications and support the ACT as a positive place for renewable energy companies to invest plus a positive model for other states to follow in unlocking the potential of clean energy projects in Australia.”
Benjamin Haan, Managing Director and Head of Private Infrastructure, Asia-Pacific, Partners Group, said that the project will have a considerable impact on the future of renewable energy in Australia.

“The Ararat Wind Farm is a well-structured project with high-quality counterparties and a strong wind resource. The timing of our investment aligns with increased certainty around Australia’s Renewable Energy Target, which will require a substantial build-out of renewables in the coming years. The wind farm will make a great contribution not only to the local community in Ararat, in the form of employment, education and investment, but also to the future of renewable energy in Australia.”

Stan Kolenc, Managing Director, OPTrust said: “OPTrust has considerable interest and experience in the renewable energy sector, in Australia and abroad. And as a Canadian pension fund, we have dedicated staff in Australia because we believe the country, and region, provides compelling investment opportunities. We are excited to participate in this project, working alongside trusted partners, to expand renewable energy production in Australia.”

“We commend Parliament for reinforcing the regulatory stability that underpins this industry and look forward to starting construction.”

Construction of the Ararat Wind Farm is expected to span two years, with power delivered to the grid from April 2017.

About GE
GE (NYSE: GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com.

About Renewable Energy Systems Ltd.
RES (Renewable Energy Systems Ltd) is one of the world’s leading independent renewable energy companies. At the forefront of renewable energy development for over 30 years, RES has developed and/or built more than 9,000MW of renewable energy capacity worldwide. RES core activities are onshore wind, offshore wind and solar, and technologies that will be enablers to a low carbon future – Energy Storage, Demand Side Management and Transmission. RES is headquartered in the United Kingdom and operates across the globe, including from Sydney, Australia. For more information, visit www.res-group.com and www.res-australia.com.

About Downer
Downer EDI Limited (Downer) is a leading provider of services to customers in markets including Transportation, Mining, Energy and Industrial Engineering, Utilities, Communications and Facilities. Downer employs about 20,000 people, mostly in Australia and New Zealand but also in the Asia-Pacific region, South America and Southern Africa.

About Partners Group
Partners Group is a global private markets investment management firm with over EUR 37 billion (over USD 45 billion) in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, Houston, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Shanghai, Seoul, Tokyo and Sydney. The firm employs over 750 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a major ownership by its partners and employees.

About OPTrust
With assets of $17.5 billion, the OPSEU Pension Trust (OPTrust) invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with over 86,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets, through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.

San Diego, CA – GE Healthcare (NYSE:GE) showcased new molecular imaging technologies at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2016 that will enable clinicians to deliver personalized, quantitative results to patients. The Discovery MI system and Discovery NM/CT 670 CZT will help clinicians guide treatment, support patients with sensitive care and create an environment for compelling research. Both systems feature state-of-the-art, groundbreaking digital detectors that represent the next generation of molecular imaging systems. XelerisTM 4.0 is the new nuclear medicine workstation supporting Discovery NM/CT 670 CZT and other nuclear medicine systems; its quantitative applications help clinicians achieve greater confidence in customizable, easy-to-read reports across multiple care areas.

Discovery MI was created to help clinicians continue efforts to diagnose and stage disease earlier and better guide treatment strategies while also enabling more compelling research with more novel, faster decaying tracers. Discovery MI is the industry’s only PET/CT system that brings together the sensitivity of digital detection, with the most innovative reconstruction technology available: the combination of Time-of-Flight (TOF) and Q.Clear. The result is outstanding resolution to improve the detection of small lesions.

This system will enable clinicians to conduct more compelling research, such as quantitative brain studies, facilitated by an expanded field-of-view (FOV). Discovery MI may also expand clinicians’ diagnostic service offerings by enhancing their clinical excellence in oncology or by pushing the boundaries of PET in neurology, cardiology and beyond. These expanded capabilities are enabled by the ability to increase low-yield tracer capability with protocols that reduce dose by up to 50 percent; this will allow clinicians to pursue groundbreaking research without impacting image quality.

Discovery MI’s new LightBurst Digital Detector represents the next-generation for GE Healthcare’s vision for a digital future for PET. With this new detector, the system delivers up to two times improvement in volumetric resolution[ii] enabling small lesion detectability and has the highest NEMA sensitivity of any TOF/PET system in the industry. This system also features the latest diagnostic CT innovations with 100 percent better spatial resolution, with no increase in image noise with ASiR-VTM[v]. And Smart Metal Artifact Reduction (MAR) virtually eliminates streaks and shadows from metal artifacts, saving valuable time previously spent correcting images, increasing the number of successful scans for patients.

Discovery NM/CT 670 CZT was engineered to deliver improvements in lesion detection[iv], image quality and patient comfort and combined with advanced quantitative applications provided through Xeleris 4.0, it can help clinicians better diagnose and monitor diseases earlier. The new SPECT/CT is the world’s first general purpose SPECT/CT imaging system with a new digital detector powered by cadmium zinc telluride (CZT) technology. This enables direct conversion of photons into a digital signal that eliminates the signal loss and noise inherent in conventional SPECT/CT detection technology, therefore making the technology more efficient. Until now, CZT technology has been limited to organ-dedicated devices, whereas Discovery NM/CT 670 CZT is the first to allow doctors to perform exams on every organ, including whole-body exams.

This system is intended to help improve the clinicians’ confidence and patient experience. The combined capabilities will allow clinicians to detect smaller lesions[iv] and quantify them more accurately[iii] due to the increased spatial and contrast resolution. This may have a significant role in assessing and monitoring responses to therapies. Having the ability to complete multiple scans in a single visit and reduce the injected dose or the scan time by 50 percent[vi] will improve patient experience. Optimizing the duration of the exams or the injected dose represents not only an improvement for the patient experience, but also could provide economic and clinical benefits.

Researchers have identified clinical scenarios where the combination of multiple SPECT tracers could aid physicians in diagnosing and giving much better and more specific reports in difficult patient conditions. However, performing such multi-isotope exams is quite challenging on conventional cameras. Multiple isotope exams could offer a greater insight into the diagnosis and monitoring responses to treatments. With GE’s new Discovery NM/CT 670 CZT, clinicians will be able to simultaneously visualize and analyse multiple physiological processes in a patient, gaining insights into multiple dimensions of the patient’s anatomy and physiology at the same time.

The Discovery NM/CT 670 CZT is powered by the new Xeleris 4.0 workstation. In the past, Xeleris led the way with mobilized applications that gave you accessible, easy-to-use tools to enhance productivity. Now, Xeleris 4.0 is leading the way with modern, quantitative applications for nuclear medicine. For example, Q.Brain can accurately diagnose neurodegenerative diseases, Q.Lung enables the diagnosis of pulmonary embolism by identifying V/Q mismatch, Q.Lung can also confidently classify patients eligible for lung resection surgeries, and Q.Metrix can quantify tracer uptake across any lesion or organ.

[i]Discovery MI is 510(k) pending at FDA. Not available for sale in the United States. Not yet CE marked. Cannot be placed on the market or put into service until it has been made to comply with CE Marking or otherwise obtained all required regulatory authorizations.

[ii]Improved detectability as demonstrated in phantom testing.

[iii]In clinical practice, the use of Discovery NM/CT 670 CZT may improve quantification of lesions larger than 5.5mL, depending on the clinical task, patient size, anatomical location and clinical practice. A consultation with a radiologist and a physicist should be made to determine the appropriate dose or scan time to obtain the claimed quantification accuracy for the particular clinical task.

[iv]In clinical practice, the use of Discovery NM/CT 670 CZT may improve lesions detectability depending on the clinical task, patient size, anatomical location and clinical practice. A consultation with a radiologist and a physicist should be made to determine the appropriate dose or scan time to obtain diagnostic image quality for the particular clinical task.

[v]In clinical practice, the use of ASiR-V may reduce CT patient dose depending on the clinical task, patient size, anatomical location, and clinical practice. A consultation with a radiologist and a physicist should be made to determine the appropriate dose to obtain diagnostic image quality for the particular clinical task. Low Contrast Detectability (LCD), Image Noise, Spatial Resolution and Artifact were assessed using reference factory protocols comparing ASiR-V and FBP. The LCD measured in 0.625 mm slices and tested for both head and body modes using the MITA CT IQ Phantom (CCT183, The Phantom Laboratory), using model observer method.

[vi]Together with Evolution technology*.
*In clinical practice, Evolution options6a (Evolution for Bone, Evolution for Cardiac, Evolution for Bone Planar) and Evolution Toolkit6b are recommended for use following consultation of a Nuclear Medicine physician, physicist and/or application specialist to determine the appropriate dose or scan time reduction to obtain diagnostic image quality for a particular clinical task, depending on the protocol adopted by the clinical site.

6aEvolution Options – Evolution claims are supported by simulation of count statistics using default factory protocols and imaging of 99mTc based radiotracers with LEHR collimator on anthropomorphic phantom or realistic NCAT – SIMSET phantom followed by quantitative and qualitative images comparison.

6bEvolution Toolkit – Evolution Toolkit claims are supported by simulation of full count statistics using lesion simulation phantom images based on various radiotracers and collimators and by showing that SPECT image quality reconstructed with Evolution Toolkit provide equivalent clinical information but have better signal-to-noise, contrast, and lesion resolution compare to the images reconstructed with FBP / OSEM.

PARIS, — Managing historic urban growth to create inclusive, sustainable communities is a priority for cities around the globe, and this week’s ‘Greater Paris’ regional planning efforts provided a “learning laboratory” for 100 municipal leaders from 20 countries.

The four-day Global Lab on Metropolitan Strategic Planning, or MetroLab, event was co-organized by the World Bank Group and ADVANCITY of Greater Paris. The Paris region MetroLab is the fifth in a series, preceded by Dar Es Salaam, Seoul, Mumbai, and New York.

“MetroLab is unique in that it brings together cities in all stages of development,” said Ede Ijjasz-Vasquez, Senior Director for the World Bank’s Social, Urban, Rural, and Resilience Global Practice. “It provides a platform for solutions to managing growth in a way that is not only inclusive and sustainable, but also serves to alleviate poverty and share prosperity. That’s not an easy task, and MetroLab offers support and thought leadership on urban growth to cities around the world.”

The Greater Paris venue provided mayors, urban planners, and technical experts the opportunity to learn about the region’s urban planning efforts, including site visits to École des Ponts Paris Tech to see how micro and nano-technology can be used to manage cities, a trip to the innovative and sustainable Coriolis building, and a look at sustainable urban logistics on the Seine.

“Innovation doesn’t only mean technology, although it is decisive,” said Jean-Louis Marchand, ADVANCITY Paris Region President. “Innovation can also be found in behavior changes and new services. By connecting global cities together, MetroLab enables sharing of best practices so efficient and effective urban planning tips can diffuse faster. This is exactly ADVANCITY Paris Region’s motto.”

The focus of the Paris MetroLab is how to address climate change in urban planning, aligned with topics relevant to the United Nation’s Conference of the Parties on Climate Change (COP 21), which begins in Paris on November 30th. Cities, which consume nearly two-thirds of the world’s energy and generate more than 70 percent of greenhouse gas emissions, are critical to efforts to stabilize global warming at less than 2 degrees Celsius. As cities develop, their exposure to climate and disaster risk also increases. Almost a half billion urban residents live in coastal areas, increasing their vulnerability to storm surges and sea level rise.

“Every city has unique solutions, but there are common challenges on a global scale,” said author and architect Peter Calthorpe, who delivered a keynote address on “Urbanism in the Age of Climate Change”.

In addition to discussions on climate mitigation and adaptation, participants heard from municipal leaders representing Dar es Salaam, Surabaya, Mumbai, Rio de Janerio, Amsterdam, and Kigali on innovations in urban flood, air quality, and solid waste management, as well as metropolitan perspectives on transport, land use, and urban sprawl.

The need for strategic regional planning is particularly acute in Africa. With more than 450 million urban dwellers expected by 2040, urbanization is the single most important transformation taking place on the continent.

“African cities have a unique opportunity to learn from the positive lessons and mistakes made by cities around the world,” said Ijjasz-Vasquez. “Decisions made today will define and lock the growth path of African cities. They are at a stage where they can get it right as they solve the enormous infrastructure, services, and social inclusion challenges they face.”

SOMERVILLE, Mass., Oct. 21, 2021 /PRNewswire/ — Greentown Labs, the largest climatetech startup incubator in North America, Saint-Gobain, a multinational manufacturer and distributor of high-performance materials, and the Massachusetts Clean Energy Center (MassCEC), an economic development agency dedicated to accelerating the clean energy sector across the state, have selected five startups for the Healthy Buildings Challenge that are developing technologies that advance building sustainability and wellbeing for building occupants. The latest iteration of the Greentown Launch corporate partnerships accelerator, the Healthy Buildings Challenge is focused on solutions that optimize for the health of people and the climate and aims to foster collaboration between Saint-Gobain and the participating startups, with support from MassCEC.

The Healthy Buildings Challenge received 99 applications from 15 countries, representing a range of innovations in building materials, coatings, and envelope systems, as well as digital platforms, monitoring, and supplemental technologies. After a highly competitive judging and selection process, five companies were chosen:

The Healthy Buildings Challenge is focused on solutions that optimize for the health of people and the climate

AeroShield (Boston, MA) develops super-insulating, transparent inserts for windows, bringing state-of-the-art thermal comfort and energy savings into buildings at an affordable price.
Alkemy Environmental (Somerville, MA) recycles industrial waste streams into structural-grade lightweight concrete aggregates.
Enerbrain (Torino, Italy) develops a Plug&Play IoT solution ready for the market that monitors and controls heating, cooling, and ventilation systems in buildings to make them smarter, healthier, and more sustainable thanks to AI and IoT technologies.
InventWood (College Park, MD) creates advanced wood material innovations, including strong yet light ‘super wood’ I-joists that can replace steel I-beams in buildings.
Zero (Cambridge, MA) develops automation software that enables hassle-free home retrofits to improve comfort and eliminate emissions.
“When we opened the Healthy Buildings Challenge, we wanted to recognize the significant role healthy buildings will play in improving the sustainability of the built environment and promoting occupant wellbeing,” said Minas Apelian, Vice President, External and Internal Venturing, Saint-Gobain. “We are energized by the five finalists and believe their technologies will enhance the performance of buildings and the health of people and the climate, together.”

Over the next six months, the Healthy Buildings Challenge will provide the five participating startups engagement opportunities with Saint-Gobain, opportunities to explore potential partnership outcomes, and unique visibility to Saint-Gobain’s top leadership team. The startups will gain membership and access to the mentor, corporate partner, and investor network of Greentown Labs, and a $25,000 non-dilutive grant to cover the cost of potential proof of concept projects.

“We know the built environment is one of the hardest to decarbonize sectors and we’re thrilled to be working with Saint-Gobain and MassCEC to support these amazing startups tackling various challenges across the built environment value chain,” said Greentown Labs CEO Dr. Emily Reichert. “Congratulations to the startups on their selection to the program—we can’t wait to see the positive milestones they’ll achieve throughout the Healthy Buildings Challenge!”

Eligible Massachusetts-based startups will also learn more about and be encouraged to apply for MassCEC’s Investments and Technology Development grant programs at the end of the Healthy Buildings Challenge. MassCEC provides demonstration grant funding and direct equity investments in Massachusetts-based cleantech companies through its InnovateMass, Equity, and Seed Investments programs.

“In order to meet the Commonwealth’s ambitious climate goals, which include net zero emissions by 2050, we will need to find innovative and cost-effective ways to decarbonize our existing buildings,” said MassCEC Interim CEO Jennifer Daloisio. “The startups participating in the Healthy Buildings Challenge are poised to make tremendous progress in improving both the comfort and the efficiency of the buildings where we live and work. MassCEC is proud to partner with Saint-Gobain and Greentown Labs in driving innovation in this critical space.”

Greentown Labs, Saint-Gobain, and MassCEC hosted a kickoff for The Healthy Buildings Challenge on Oct. 6, 2021; a recording of the event can be viewed here.

About Greentown Labs
Greentown Labs is a community of climate action pioneers working to design a more sustainable world. As the largest climatetech startup incubator in North America, Greentown Labs brings together startups, corporates, investors, policymakers, and many others with a focus on scaling climate solutions. Driven by the mission of providing startups the resources, knowledge, connections, and equipment they need to thrive, Greentown Labs offers lab space, shared office space, a machine shop, an electronics lab, software and business resources, and a large network of corporate customers, investors, and more. With its headquarters in Somerville, Mass. and a recently opened incubator in Houston, TX, Greentown Labs is home to more than 180 startups and has supported more than 400 startups since the incubator’s founding in 2011. These startups have collectively created more than 7,800 direct jobs and have raised more than $1.5 billion in funding. For more information, please visit www.greentownlabs.com or Twitter, Facebook, and LinkedIn.

Greentown Labs Media Contact:
Julia Travaglini
VP of Marketing & Communications
julia@greentownlabs.com
603-867-3657

About Saint-Gobain
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, “MAKING THE WORLD A BETTER HOME,” which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in. For more information about Saint-Gobain, visit www.saint-gobain.com or Twitter at @saintgobain.

€38.1 billion in sales in 2020
More than 167, 000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050

Saint-Gobain Media Contact
Lauren Howe
lauren@empHoweredPR.com
978-400-3036

About MassCEC
MassCEC is a publicly-funded agency dedicated to accelerating the success of clean energy technologies, companies and projects in the Commonwealth—while creating high-quality jobs and long-term economic growth for the people of Massachusetts. Since it began operating in 2009, MassCEC has helped clean energy companies grow, supported municipal clean energy projects and invested in residential and commercial renewable energy installations, creating a robust marketplace for innovative clean technology companies and service providers.

MassCEC Media Contact
Robert Fitzpatrick
Director of Government Affairs
rfitzpatrick@masscec.com
617-315-9352

SOURCE Greentown Labs

Related Links
www.greentownlabs.org

NACKA STRAND, Sweden, April 1, 2021 — Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of CADLM SAS, a pioneer in powering computer-aided engineering (CAE) with artificial intelligence (AI) and machine learning to revolutionise the impact of simulation in product development processes and lifecycles.

Founded in 1989, France-based CADLM has years of experience developing computational design and optimisation methods for industrial products and processes, and since 2014 has been developing AI and machine learning solutions. Its ODYSSEE software platform applies AI and machine learning to real-world sensor data and physics-based simulation data to produce accurate, predictive models of a product at efficient computing power levels. The combination enables faster, more efficient simulations of dynamic, multi-physics phenomena – such as automotive crash and safety – that fully characterise and understand real-world product behaviour. This insight enables engineers to explore the design space more extensively and interactively and improve next-generation products without prohibitive computing cost or time.

Furthermore, the pervasive use of the digital twin beyond the early design phase enables manufacturers to leverage image recognition, predictive simulation and fault prediction to address challenges such as downtime, throughput, quality and flexibility throughout the manufacturing process.

“The convergence of CAE with advances in data management, AI, machine-learning and an increasingly connected manufacturing lifecycle is transforming the industry’s ability to address increasingly complex design challenges with rapid innovation and increased productivity,” says Hexagon President and CEO Ola Rollén. “CADLM’s AI knowledge and technology further strengthen our Smart Manufacturing solutions portfolio, putting data to work beyond the early design phase to improve product design innovation, manufacturing productivity, product quality and environmental sustainability through reductions in material waste.”

CADLM will operate as part of Hexagon’s Manufacturing Intelligence division. The acquisition has no significant impact on Hexagon’s earnings. Completion of the transaction (closing) is subject to normal closing conditions.

For further information, please contact:

Maria Luthström

Head of Sustainability and Investor Relations

Hexagon AB

+46 8 601 26 27

ir@hexagon.com