SERPA, Portugal--(BUSINESS WIRE)--June 6, 2006--GE Energy Financial Services, PowerLight Corporation and Catavento Lda broke ground today on the world's largest solar photovoltaic power project. The 11-megawatt solar power plant, comprising 52,000 photovoltaic modules, is under construction in Serpa, Portugal, 200 kilometers (124 miles) southeast of Lisbon in one of Europe's sunniest areas.
SAN FRANCISCO--(BUSINESS WIRE)--June 6, 2006--At the Society for Information Display (SID) exhibition here at Moscone Center from Jun. 4-9, GE Plastics and GE Advanced Materials are showcasing their portfolio of proprietary breakthrough materials solutions for the global electronics industry, including high-performance plastic resins, sheet, and films, as well as silicones and quartz products.
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FLORENCE, ITALY - June 6, 2006 :- GE's Oil & Gas business will supply two gas turbine-driven turbocompressor units to Enagas, the operator of Spain's gas transportation system, for a new pipeline compression station at Navarra in northern Spain.
The new station will help to increase the flow of the Lacq-Calahorra pipeline and its interconnection with the Ebro axis. The pipeline, which carries natural gas from France to Spain, crosses the French border near the Spanish village of Larrau.
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FLORENCE, ITALY - June 6, 2006 :- Brazilian petrochemical firm Petroquímica União S. A. (PQU) has selected GE steam turbine-driven compressor trains for the expansion of an ethylene production plant in São Paulo state, Brazil.
PQU, located in the city of Santo André, is the first basic petrochemical producer in Brazil. It currently produces 500,000 tons per year of ethylene. When the expansion is completed in April of 2008, the output will increase to 700,000 tons per year.
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GE is preparing to ship its 1,000th Evolution® Series locomotive.
GE is preparing to ship its 1,000th Evolution® Series locomotive.
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ATLANTA--(BUSINESS WIRE)--June 5, 2006--As part of its ambitious program to supply 20 percent of the electricity for the city of Los Angeles from renewable sources by 2010, the Los Angeles Department of Water and Power (LADWP) is moving forward with a project that will utilize GE Energy's wind turbine technology to produce up to 120 megawatts of wind power.
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CHALFONT ST GILES, England--(BUSINESS WIRE)--June 5, 2006--GE Healthcare, a division of the General Electric Company (NYSE:GE), announced today that it has initiated a first-in-man clinical study designed to validate information provided by a molecular imaging agent in evaluating the extent and nature of cancer. Specifically, this proprietary positron emission tomography (PET) agent has a biological mechanism to track the process of angiogenesis, the formation of new blood vessels in the body.
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MUNICH, Germany--(BUSINESS WIRE)--June 5, 2006--Insurers and reinsurers are facing major changes this year to catastrophe models and a recalibration of rating agency capital requirements, which "will have dramatic implications on insurers and reinsurers that write business in catastrophe-prone areas," according to an article in the latest issue of EXPOSURE, which is published by GE Insurance Solutions.