Home Tag "GE"

GE Steam Power bags $32 mn order from CPRI

Two sets of 2,500 MVA short circuit generators will be tested and the scope of the project includes supply, installation and commissioning of these generators. GE Steam Power India today said it has bagged a USD 32 million (about Rs 230 crore) order for supplying two short circuit generator systems of 2,500 MVA to Central […]

GE Sells Solar-Business Stake to BlackRock

General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere. A fund managed by BlackRock’s Real Assets unit will own 80% of Distributed Solar Development, a new company created from GE Solar, […]

Chinese Manufacturers Could Rule the Offshore Wind Market Without Ever Leaving Home

China dominates the world’s solar and onshore wind markets. Offshore wind is not far behind. China’s offshore wind manufacturers could become the world’s leading suppliers, even if they fail to break out of their own domestic market. The potential size of China’s surging offshore wind market means that, despite having less advanced technology than their […]