VANCOUVER, BC -- August 9, 2010 --- Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that their Toba Montrose General Partnership ("TMGP") has commenced selling electricity to BC Hydro under an Electricity Purchase Agreement ("EPA") from power generated by the East Toba River and Montrose Creek generation facilities. TMGP has received confirmation from BC Hydro that the project has met its guaranteed commercial operations date commitment under the EPA.
New Power Plants to Benefit from Operational Flexibility of GE Gas Turbines
SASKATOON, SASKATCHEWAN---August 4, 2010---Supporting the diverse and growing energy needs of Saskatchewan, Canada, GE has signed two contracts at a total value of approximately $87 million with Northland Power, an independent power producer based in Toronto, to supply power generation equipment and commissioning services for two natural-gas-fired power plants.
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Petroleum Industry Vet Keith Triginer to Oversee GE's Commercial Initiatives in Canada's Energy Sector
TORONTO, ONTARIO---August 4, 2010---GE today announced it has appointed former federal government and petroleum industry veteran Keith Triginer as GE Energy's new country executive in Canada to oversee the company's commercial initiatives in the region.
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Energy Control Systems (ECS) Adds Advanced Grid Management and Control System to GE's Portfolio-Bolstering Quest to Build a Grid for 21st Century Power Realities
ATLANTA, GA.---August 2, 2010---GE (NYSE: GE) made a major step forward with its worldwide commitment to improve the ways we make, move and consume electricity with the acquisition of SNC-Lavalin's Energy Control Systems (ECS) business and its network management and control software. ECS software is already improving the reliability, efficiency and carbon profile for 300 million people on six continents.
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GE announced second-quarter 2010 earnings from continuing operations (attributable to GE) of $3.3 billion, with EPS of $0.30 per share up 15% from the second quarter of 2009.
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Corporate Communications
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- "GE ecomagination Challenge: Powering the Grid" seeks best ideas to transform the way we create, connect and use power
- Joint investment with venture capital partners Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and RockPort Capital
- Challenge is one of largest ever
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New CO2 capture technology under development could reduce CO2 emissions from the production of synthetic crude oil from the Oil Sands by up to 25%
NISKAYUNA, New York, June 30, 2010 -- In the quest to develop more cost-effective ways to reduce carbon emissions from fossil fuels, GE (NYSE: GE) is partnering with the University of Alberta (UA) and Alberta Innovates Technology Futures (AITF) on a $4 million CO2 capture project supported by the Climate Change and Emissions Management (CCEMC) Corporation.
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CALGARY, CANADA - May 20, 2010 - PII Pipeline Solutions, a GE Oil & Gas and Al Shaheen joint venture, today marked the official opening of a new state-of-the-art services facility in Calgary. The facility will support North America's oil and gas infrastructure with advanced pipeline inspection technology and services, and will become a global centre of excellence for pipeline crack analysis, serving Canadian, U.S. and European pipeline operators.