New Product Enhances Grid Reliability, a Key Factor in the Solar Industry's Continuing Growth
LOS ANGELES--12 October 2010-- GE (NYSE: GE) today introduced a one-megawatt (MW) solar inverter at Solar Power International 2010. The new inverter, the largest in GE's portfolio, is available in both 50- and 60-hertz versions, making it suitable for applications worldwide.
LIMA, Peru & FLORENCE, Italy--12 October 2010-- GE Oil & Gas has been awarded a $32 million contract by PlusPetrol Peru Corporation S.A. to supply compression and reinjection upgrade equipment to boost the output of the Malvinas Natural Gas Liquid (NGL) processing plant, located 400 kilometers from Lima at the southern section of the Peruvian Amazon Rainforest.
Company Offers Highly Differentiated Thin Film Solar Solutions with Grid Stability Features and Total System Design
LOS ANGELES--12 October 2010-- GE (NYSE: GE) today announced several additions to its growing portfolio of technologically advanced solar products and services. New solar thin film panel, system and inverter products will enhance GE's ability to provide a complete range of offerings for use in multi-megawatt (MW) projects globally.
Funds acquisition of four BURGER KING units and debt refinancing
SCOTTSDALE, Ariz.--12 October 2010-- GE Capital, Franchise Finance provided $9.3 million in financing to Georgia Texas Operating Company, a BURGER KING® and Taco Bell franchisee. The funds were used to acquire four BURGER KING fast food restaurants in the greater Atlanta area as well as to refinance existing debt. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
