SINGAPORE : General Electric’s turbine manufacturing unit said on Wednesday it had agreed with Japan’s IHI Corp to develop gas turbines operating on ammonia to reduce carbon dioxide emissions. GE and IHI would work to develop technology that would allow some of GE’s existing gas turbine products to safely burn 100% ammonia by 2030, the […]
GE cuts full-year earnings forecast on troubles at renewable energy business
General Electric Co on Tuesday trimmed its full-year profit forecast after reporting a decline in third-quarter earnings, primarily due to higher warranty and related reserves at its renewable energy business. The company, however, reported much higher-than-expected free cash flow. Its quarterly revenue also topped Wall Street’s estimates. GE’s shares were down about 1.8% at $72.02 […]
GE to triple its solar and battery energy storage Power Electronics capacity in 2022 – EQ Mag Pro
Paris, France : GE is tripling its solar and battery energy storage Power Electronics Systems manufacturing capacity by the end of 2022 to 9 GW per annum, linked to strong growth in backlog over the past few months and a robust demand outlook. The systems are manufactured at GE’s newly launched Renewable Hybrids factory. Earlier […]
GE to launch new Renewable Energy Digital suite – EQ Mag Pro
GE launches Lifespan, a new digital product portfolio enabling our customers to optimize renewable asset performance and operations across their fleet Developed in consultation with operators to solve their biggest challenges Will help connect operators with the information and insights required to seamlessly drive action across all aspects of their organization San Antonio : Today […]
GE Plans to Form Three Public Companies Focused on Growth Sectors of Aviation, Healthcare, and Energy – EQ Mag Pro
GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital businesses to become three industry-leading, global, investment-grade public companies GE intends to execute tax-free spin-offs of Healthcare in early 2023 and of the Renewable Energy and Power company in early 2024 Builds on significant momentum from strengthened financial position and […]
GE to Build First Desalination Plant Using Clean Energy in Saudi Arabia
Located 140 km west of Madinah, near the town of Ar Rayyis on the Red Sea coast of the Kingdom, Yanbu-4 will utilize reverse osmosis technology to supply potable water. JEDDAH: GE Renewable Energy’s Grid Solutions has won a deal from Doosan Heavy Industries and Construction Co. Ltd. to build a turnkey substation that will […]
GE joins with Powermax to expand solar panel business
GE Korea has signed a memorandum of understanding with Powermax, Korea’s mid-sized heavy electric equipment maker, to expand solar panel business in Korea to ride on government-led Green New Deal promoting renewables. Source: pulsenews
GE alleges Siemens Energy used stolen trade secrets to rig contract bids
Dominion is a Virginia power utility that provides electricity to about 4 million customers on the east coast NEW YORK: General Electric Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totaling more than […]
GE toasts 27MW Vietnamese turbine deal
GE Renewable Energy has secured a 27MW turbine deal in Vietnam for the Phuoc Minh wind farm in the Ninh Thuan region of the country. The contract is for the supply of eight 3MW-137 machines. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will provide full engineering, procurement and construction services […]
World’s Biggest Offshore Wind Farm Will Boast World’s Largest Installed Turbines
On the day it walks away from coal, GE bags a huge 2.4-gigawatt turbine order for the U.K.‘s Dogger Bank project. The world’s largest planned offshore wind farm will use the world’s largest installed offshore wind turbines when it starts spinning in British waters. SSE Renewables and Equinor are developing the 3.6-gigawatt Dogger Bank project […]
