Tag: GE
GE Energy Financial tops $15 billion in global renewable energy investments
Financial investments span wind, solar, other renewable technologies across 17 countries GE Energy Financial Services announced it has exceeded $15 billion in renewable energy investment commitments in wind, solar, and other renewable energy projects globally, according to a press release. Over the past three years, GE Energy Financial Services has committed to invest approximately $5 […]
SCE, GE new battery storage systems unveiled at California gas plants
SCE battery system will help decrease GHGs Southern California Edison along with General Electric unveiled the world’s first battery-gas turbine hybrid system at the SCE natural gas peaking plant in Norwalk and Rancho Cucamonga, California. The companies say the system will accommodate the changing electricity needs in California while reducing greenhouse gas emissions. Installed at two separate […]
Go big or go home: GE and Baker Hughes merge – Wood Mackenzie
Industry is undergoing shift from exploration to development and now asset optimization Just days after speculation began, GE announced its intention to merge its oil and gas business with oilfield services giant Baker Hughes, according to Wood Mackenzie. This merger will join the two companies’ complementary strengths, and GE and Baker Hughes cite an estimated […]
GE unveils world’s first battery storage & gas turbine hybrid
Gas turbine hybrid system expected to be installed, operational by the end of 2016 BOSTON – GE and Southern California Edison announced a plan to install the world’s first battery storage and gas turbine hybrid, according to a GE press release. The two-project solution first calls for installation of a battery energy storage system from Current, powered by […]
GE announces 1.4 gigawatts of Dec. wind turbine orders
Lincoln Clean Energy/Starwood selected GE’s new 2.3-116 turbines for Horse Creek wind farm, a 230 MW project in northern Texas GE Renewable Energy, a division of industrial giant GE and the world’s largest renewable energy equipment manufacturer, says it secured 1.4 gigawatts of firm and unconditional wind turbine supply orders in the month of Dec. The agreements […]
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