GE announced strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009.
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GENERAL Electric (GE) has extended its technical leadership in power generation gas engines with the unveiling of the multi-million-dollar product development within Jenbacher that allows the global player to better address the large engine space.
The J920 engine is an innovation that pioneers gas engine technology addresses customer needs for decentralised, independent power in remote hot or high-altitude regions. In considering South Africa the technology is particularly relevant for power grid stabilisation.
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Third Quarter Earnings
GE announced third-quarter 2010 earnings from continuing operations (attributable to GE) of $3.2 billion, with EPS of $0.29 per share up 32% from the third quarter of 2009.
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GE Joining High Level Partnership to Develop the Country's Renewable Energy Potential
JAKARTA, INDONESIA -- 29 Sept 2010 -- GE (NYSE:GE), and Indonesia's Agency for the Assessment and Application of Technology (BPPT) have signed a memorandum of understanding for the joint development of renewable energy utilization, cleaner coal, and energy efficiency projects to help meet Indonesia's growing power and environmental needs.
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GE congratulates Maker Faire Africa inventors for creativity
Global leader in innovation and main sponsor of the 2010 Maker Faire Africa symposium, General Electric (GE) commended this year's inventors and innovators from all corners of Africa including Kenya, Uganda, Zambia, Malawi, South Africa and Ghana, for their innovative contributions.
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GE announces 'mentorship prize' for innovators and inventors
In recognition of the invaluable contribution entrepreneurship plays in economic development, General Electric (GE) joined hands with Maker Faire Africa 2010 as the lead sponsor for this year's event to be held at the University of Nairobi on the 27th and 28th of August 2010.
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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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Generators ensure reliable power supply to meet South Africa's fuel needs
GE South Africa Technologies (Pty) Limited (GESAT) today announced an agreement to provide Transnet Limited with 10 medium speed, diesel-powered generators for Transnet's new multi-product pipeline currently being constructed between Durban and Johannesburg. GESAT is GE Transportation's South African subsidiary in partnership with the Mineworkers Investment Company (MIC).