For GlobalData’s free bi-weekly Covid-19 report on the latest information your industry needs to know. GE Renewable Energy has secured a contract from Wykes to deliver 25MW of energy storage systems to its solar plant in the UK. The Chelveston Renewable Energy Park solar photovoltaic (PV) plant will use these storage systems alongside its existing […]
Siemens Gamesa Launches 14MW Offshore Wind Turbine, World’s Largest
The new machine can be dialed up to 15 megawatts, and an even larger version is in the works, says Siemens Gamesa’s head of offshore technology. Siemens Gamesa on Tuesday launched the largest wind turbine ever publicly announced, a 14-megawatt model with a 222-meter rotor diameter meant for offshore wind farms. Morten Pilgaard Rasmussen, head […]
GOODWE PARTNERSHIP WITH GE
GoodWe granted exclusive licensing contract for global sales SUZHOU, CHINA:Following a rigid and thorough selection process, GoodWe has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. It was with great enthusiasm and determination that GoodWe agreed to this collaboration, which is a true recognition of the quality and reliability, […]
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 Stake in 800MW Portfolio of US Wind Farms
General Electric continues to shed renewables projects under new CEO Larry Culp. General Electric has made supplying clean-energy equipment a central pillar of its future business, but in the meantime the company continues to shed renewables projects under new CEO Larry Culp. On Tuesday, asset manager Harbert Management Corp. announced the acquisition of an 80 […]
One More Time, With Feeling: GE’s Latest Approach to Energy Storage
After a long evolution, GE now sees integrating batteries with renewables or gas turbines as its best place to add value. Century-old electric technology company GE kicked off 2019 with yet another reorg. The workhorse Power division was split up, to start. Though still a top supplier of the world’s natural-gas turbines, the division had […]
NCLAT allows GE to sell stake in Baker Hughes with riders
A three-member bench headed by Chairperson Justice S J Mukhopadhaya also said that such sales should not affect the business of Triveni Turbine Ltd and its JV firm GE Triveni Ltd (GETL). New Delhi: The National Company Law Appellate Tribunal (NCLAT) Tuesday allowed General Electric (GE) to sell a controlling stake in its step-down subsidiary […]
Wind Developer Targets ‘Countercyclical’ Opportunity With Post-PTC Projects
Scout Clean Energy is making hay under the PTC while investing in a longer-term wind project pipeline. The U.S. wind market’s overwhelming focus is on the next few years, when the federal Production Tax Credit remains at or near its full value. Quietly, however, some developers have begun investing beyond the PTC horizon. “We see […]
US Wind Boom Faces New Threat From Proposed Tower Tariffs
A push for new import tariffs on wind turbine towers could put some projects underwater as the PTC phases down, according to a Wood Mackenzie analysis. There’s never a good time for import tariffs when it comes to keeping costs down for renewables projects. But for the U.S. wind market, the timing of newly proposed […]
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, […]