DUBLIN, Ireland, 25 February 2014 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland's wind power market by acquiring two wind farm construction projects that will be powered by the GE's flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element Power and now under construction, will help Ireland meet its renewable energy generation targets, produce power for thousands of homes, and reduce electricity costs for Irish consumers.
Decentralization is a growing, global trend. The organization of resources and people is moving away from centralized systems toward integrated networks that include both distributed and centralized elements.
Distributed power technologies, which have been around since Thomas Edison built the first power plant in 1882, are increasingly used today to provide electrical and mechanical power at or near the point of use.
SHANNON, Ireland, February 25, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a leased Airbus A320 to the Spanish start-up airline Evelop Airlines.
Evelop Airlines is owned by the Spanish leisure travel group Barceló and currently operates three aircraft from destinations in Europe to the Canary and Balearic Islands and serves outbound passengers from Spain to the Caribbean.
GECAS News
In the movie Fitzcarraldo, a music-obsessed Irishman played by Klaus Kinski successfully lifts a 300-ton steamboat across a Peruvian mountain range to build an opera house in the jungle. A Peruvian gas company recently completed a similar feat in the reverse direction, albeit with much less whimsy and a lot more planning.
Artificial muscles that drive the powerful limbs or subtle facial expressions of robots can be made using nothing more than fishing line and sewing thread, researchers say. Such components work essentially the same way as toy airplanes powered by rubber bands.
