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Press Release

SEC, Alfanar Construction, and GE Vernova switch PP10 from running on liquid fuels to natural gas; step towards meeting Saudi Arabia's carbon emissions reduction goals

December 06, 2023
  • 20 GE Vernova 7E gas turbines planned to be converted from liquid to gas fuel operation
  • By running on natural gas instead of liquid fuel, the 20 units are expected to reduce up to 1.7 million fewer tons of carbon dioxide emissions per year for the same amount of power generated
  • Project is aligned to SEC and Saudi Arabia’s carbon emissions reduction goals

Riyadh, Saudi Arabia: December 6, 2023 ‒ GE Vernova’s Gas Power business (NYSE: GE) today announced it has begun the execution of the fuel conversion project for <

For media inquiries, please contact:

Laura Aresi
Public Relations Leader, Gas Power
GE Vernova
[email protected]
Abeer Masood
Communications Director, Middle East & Africa
GE Vernova
[email protected]
Jiju T John
Marketing Services Manager
Alfanar Projects
[email protected]
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ENEC and GE Hitachi sign MoU for potential investment and deployment of Small Modular Technology as part of ENEC ADVANCE Program

Submitted by Simon Langford on

ENEC and GE Hitachi sign MoU for potential investment and deployment of Small Modular Technology as part of ENEC ADVANCE Program

The Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with GE Hitachi Nuclear Energy (GE Hitachi). The MoU will identify opportunities for future investment in Small Modular Reactor (SMR) technology development to further consolidate the UAE’s position as a pioneering leader in nuclear innovation, and nuclear energy technology deployment globally.

Press Release

GE’s industry-leading Flexible AC Transmission System (FACTS) portfolio helps customers meet complex grid challenges

April 27, 2023
  • GE Grid Solutions wins five Flexible AC Transmission (FACTS) projects in recent months
  • Wins include a Fixed Series Compensation (FSC) project for Public Service Company of New Mexico and a Static Synchronous Compensator (STATCOM) project in Saudi Arabia, Grid Solutions third such project in the Kingdom in the last two years
  • With nearly 450 FSC and STATCOM systems installed globally, GE Grid Solutions is one of the leading FACTS players in the world

Paris, France — April 27, 2023 —GE

For media inquiries, please contact:

Allison J. Cohen
External Communications, Grid Solutions
GE Vernova
+972 54 7299742
[email protected]
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Press Release

HRH Prince Abdulaziz Bin Salman Inaugurates GE MENA Decarbonization COE & Commemorates New Initiatives to Power Saudi Arabia Forward

May 19, 2022

Dammam, Saudi Arabia; 19th May, 2022: Held under the patronage of HRH Prince Abdulaziz Bin Salman, Saudi Minister of Energy, GE Gas Power (NYSE: GE) hosted the exclusive ‘Powering Saudi Arabia Forward' event at the GE Manufacturing & Technology Center (GEMTEC) campus in Dammam, Saudi Arabia.

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Karolinska Institutet & MedTechLabs Kickoff The World’s First Clinical Evaluation of GE Healthcare’s Photon Counting CT Technology with Deep Silicon Detectors

November 17, 2021
  • Photon counting CT has the promise to further expand the capabilities of traditional CT
  • Karolinska Institutet and MedTechLabs’ pilot study represents the first of its kind to test pure silicon CT detector technology for photon counting CT in a clinical setting
  • The project is the result of close collaborations between healthcare, academia and business

Chicago, November 17, 2021: Karolinska Institutet and MedTechLabs recently started testing the world’s fir

For media inquiries, please contact:

Margaret Steinhafel
1 608 381 8829
[email protected]
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GE White Paper Highlights Pathways to Faster Decarbonization in the GCC’s Power Sector

October 19, 2021

The GCC can accelerate its transition to a more reliable, affordable, and sustainable energy future through the strategic deployment of renewables and gas power, while transitioning away from liquid fuels.

 

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GE Healthcare Pioneers Photon Counting CT with Prismatic Sensors Acquisition

November 20, 2020

GE Healthcare invests in a unique approach to cutting-edge CT technology and acquires Prismatic Sensors AB, a leader in Deep Silicon detector technology for photon counting computed tomography (PCCT)

For media inquiries, please contact:

Margaret Steinhafel
GE Healthcare
+1 608 381 8829
[email protected]
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Press Release

SEC Awards 5 Stars to Waad Al Shamal Power Plant Project for Environment, Health & Safety Standards

June 23, 2020

Waad Al Shamal becomes one of the Saudi power plants under construction awarded a 5-star rating for EHS performance by SEC

 

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GE Announces Second Quarter 2019 Results

July 31, 2019
  • Total orders of $28.7 billion, down 4%; organic orders up 4%; total revenues (GAAP) of $28.8 billion, down 1%; Industrial segment organic revenues (non-GAAP) of $27.7 billion, up 7% 
  • GE Industrial profit margin (GAAP) of (1.3)%; adjusted GE Industrial profit margin (non-GAAP) of 7.6% 
  • Continuing EPS (GAAP) of $(0.03); adjusted EPS (non-GAAP) of $0.17, including $0.06 benefit from tax audit resolution 
  • Non-cash goodwill impairment charge of $744 million pre-tax related to Grid Solutions equipment and services, resulting in $(0.09) impact to
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Press Release

GE Power to supply 4 nuclear turbine islands for El Dabaa, Egypt's first nuclear plant

October 09, 2018
  • GE Power’s technology will support Egypt’s energy plan to diversify and secure its energy supply and be a stable, reliable source of electricity for its growing demand
  • With 4.8GW of CO2 free energy, the GE Power’s Arabelle TM steam turbines will deliver enough CO2 free electricity to power more than 4 million homes
  • GE Power’s Arabelle half speed steam turbine has a reliability rate of 99.96%, demonstrated in France, and is today providing more than 20 GW of power in nuclear power plants around the world

 

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