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Press Release

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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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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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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GE Reveals the Value of the "Connected Utility" with the Rapidly Advancing Predix-Enabled Digital Power Plant

December 10, 2015
  • GE Power Signs 15 Predix Customers to its “Digital Power Plant” Suite of Software Solutions in Past 90 days
  • Software and Data Analytics Technologies Improving Total Plant Operations

LAS VEGAS-December 10, 2015-GE (NYSE: GE) today revealed that its Power business’s Digital Power Plant has led to the signing of 15 Predix customers over the past 90 days with a software-related bookings of $100 million. GE attributes higher growth rate of digital in the Power business to three factors: market need for higher productivity and improved profitability; as

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GE's SCADA Edge Industrial PC Turns Data into Results in Brilliant Machines

December 09, 2015
  • GE’s Rugged Industrial PC Now Available with Advanced Proficy Automation Software Preinstalled
  • Combining Hardware and Software in Integrated Offering Simplifies Processes and Reduces Total Cost of Ownership

CHARLOTTESVILLE, Va. - Dec.

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Two US Power Plants Turn to GE's Power Services Business to Upgrade Steam Turbines, Boosting Performance and Revenue

December 09, 2015

 

  • GE’s Enhanced Steam Path (ESP) Upgrade for RISE will Potentially Increase the Average Electrical Revenue by More than $4 Million per Year over the Next Five Years
  • RISE Project Represents GE’s First-Ever ESP Upgrade
  • Solution for Elk Hills Power’s Facility in California to Add Power and Increase Efficiency
  • Payback Period Estimated at between 2 to 3 Years for Both Projects

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Exelon Chooses GE's Advanced Aeroderivative Technology for Efficient, Cleaner Power at West Medway Generating Station Near Boston

December 08, 2015
  • LMS100PA+ Aeroderivative Gas Turbines to Provide Fast, Highly Efficient Power
  • GE Units Provide Flexibility, Quick Ramp Up to Meet Peak Demands and Multi-Fuel Needs
  • New Project Adds to GE-Exelon Collaboration on HA Technology and Software Solutions

Schenectady, NY-December 8, 2015-Fifty years ago, the East Coast was literally stopped in its tracks by a series of power failures. The November 1965 blackout lasted for hours, halting subways and trains and delaying air traffic.

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Minnesota's Black Dog Power Plant Moves Toward Cleaner Energy: Xcel Energy Chooses GE's 7F.05 Gas Turbine

December 08, 2015
  • 7F.05 Gas Turbine to Be Installed at Black Dog Power Plant in Burnsville, Minn.
  • Project Designed to Reduce Emissions While Helping Xcel Energy Meet Future Capacity Needs

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GE Receives 22nd and 23rd Orders for Largest, Most Efficient HA Turbines; Caithness Moxie Freedom Project Marks First Project Financing for HA

December 08, 2015
  • The Caithness Moxie Freedom Project to Use Two 7HA.02 Units at Pennsylvania site
  • GE, BNP, Citigroup and MUFG Co-Lead Financing for $592 Million Credit Facility
  • 1,029 Megawatt Caithness Moxie Freedom Project Continues Shift to Cleaner Power in PJM Region 

Schenectady, NY-December 8, 2015-Leadership takes moxie.

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