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Press Release

GE to Hold 2016 Shareowners Meeting in Jacksonville, Florida

January 21, 2016

FAIRFIELD, Conn. - January 21, 2016 - GE (NYSE: GE) announced today that it will hold its 2016 Annual Meeting of Shareowners on Wednesday, April 27, 2016 at the Prime F. Osborn III Convention Center in Jacksonville, Florida.  GE holds its shareowners meeting in a different city each year to illustrate the diversity of the company’s businesses and the strength of its portfolio.  


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GE Announces 1.4 Gigawatts of December Wind Orders

January 20, 2016
  • Flurry of recent onshore wind deals highlight continued global expansion of GE Renewable Energy
  • Contracts include more than 20 wind farms across seven different countries
  • Orders signal strong adoption of GE’s Digital Wind Farm technology, available on new 2 and 3 MW wind turbine platforms

 


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GE Launches New Industrial PC for Demanding Transportation Applications

January 13, 2016
  • New RXi-XR Industrial PC Combines Rugged Design and High Performance  
  • Industrial PC Meets EN51055 Industry Standard for Electromagnetic Capabilities, Temperature, Shock and Vibration

 


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GE Energy Management Names Two New Commercial Leaders

January 12, 2016
  • 23-Year GE Veteran and Company Officer Darryl L. Wilson to Serve as Energy Management Vice President and Chief Commercial Officer
  • Agostino Renna, Former GE Lighting President and CEO for Europe, the Middle East and Africa, Joins Industrial Solutions as Chief Commercial Officer
  • New Leaders to Focus on Delivering Cross-Portfolio Solutions to Address Customer and Industry Challenges

 


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Global Nuclear Fuel Awarded Fuels Contract by Energy Northwest

January 06, 2016

GNF to Continue Fueling Columbia Generating Station thru 2027

 

WILMINGTON, NC-January 6, 2016- Global Nuclear Fuel (GNF), a joint venture majority owned by GE, today announced that it has been selected by Energy Northwest to continue to provide fuel reloads for the Columbia Generating Station near Richland, Washington.

A new fuel supply contract awarded to GNF runs from 2019 through 2027 and includes five reloads for the 1,190 megawatt boiling water reactor. The total value of the contract is approximately $90 million.   


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Canadian Solar Subsidiary Recurrent Energy Closes Financing for 75 Megawatt Astoria 2 Solar Power Project

January 05, 2016

GUELPH, Ontario, Canada, January 5, 2016 - Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that its wholly owned subsidiary, Recurrent Energy, one of North America’s largest solar project developers, closed on a tax equity investment commitment with GE (NYSE: GE) unit GE Energy Financial Services for the 75 megawatt (MWac) Astoria 2 solar power project.


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Optimism Builds for Recreational Vehicle Industry In Latest Commercial Distribution Finance Survey

December 28, 2015

CHICAGO, Dec. 28, 2015 - Optimism among dealers and other industry participants in the outlook for the recreational vehicle (RV) industry continued to increase from prior years, according to annual survey results released today by Commercial Distribution Finance (CDF), a business of GE Capital. Almost half (48 percent) of survey respondents said they expect sales to rise 5 percent to 10 percent next year, up from 41 percent who foresaw that rise in sales twelve months ago. Additionally, 31 percent of respondents expected RV sales to grow more than 10 percent.
 


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GE to Acquire Metem Corporation in Move to Simplify Operations and Increase Supply Chain Efficiency

December 28, 2015
  • Purchase Would Expand GE in-House Capabilities to Provide Exceptionally Engineered, Fully Integrated, Comprehensive Machining Solutions
  • Metem Expertise Would Allow GE to Grow Cooling Hole-Drilling Work

SCHENECTADY, N.Y.-December 28, 2015-GE (NYSE: GE) today announced that it has signed a purchase agreement to acquire Metem Corporation, a U.S.-based provider of precision cooling hole manufacturing technologies that enable turbine engines to function more efficiently, saving costs, increasing operation time and reducing emissions. 


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BeiGene selects GE's FlexFactory™ biomanufacturing platform for pilot cGMP production facility in China

December 17, 2015
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From Bhikki to Balloki: GE and Harbin to Deliver Second High-Efficiency HA Gas Power Plant for Pakistan

December 16, 2015
  • Federal Government of Pakistan Cites Project as a “Game Changer in the Energy Sector, Setting a Benchmark in Lowest Prices and Highest Efficiency”
  • The Plant will be able to Generate the Equivalent Power Needed to Supply More Than 6 Million Pakistani Homes
  • Balloki Combined-Cycle Power Plant Marks the 24th and 25th HA Gas Turbine Orders Worldwide

SCHENECTADY, N.Y.-December 16, 2015-With Pakistan facing a projected 5 gigawatt (GW) energy shortfall, the Federal Government of Pakistan is moving forward with plans to avoid blackouts and


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