- GE’s Fleet360* Total Plant Solutions Embrace Hardware and Digital Solutions to Help Plants Increase Output and Flexibility, Lower Emissions and Balance the Growing Role of Renewables
- Arizona Public Service Expected to Garner 6 Percent Output Improvement and 2 Percent Decrease in Heat Rate to Boost Flexibility at Redhawk Power Plant in Arizona
- Performance Improvements at Veolia’s Kendall Cogeneration Plant Will Help One of the Largest US Energy Systems, Which Includes 1,700+ Hospital Beds and 250+ Buildings <
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WILMINGTON, North Carolina-December 10, 2018-GE Hitachi Nuclear Energy (GEH) announced today its intent to acquire the business and certain assets of REI Nuclear, LLC (REI Nuclear), a Columbia, South Carolina-based decommissioning technology and tooling design company. The acquisition is expected to close by the end of 2018.
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- Bank of America Commits to Long-Term REC Purchases from the Project
- GE’s Wind Integrated Solar Energy (WiSE) Technology Platform used to Maximize Energy Production
- Venture Illustrates Potential of Hybrid Solutions to Accelerate Penetration of Renewable Energy
Chanhassen, Minnesota, November 20, 2018 - Juhl Energy announced today that it has selected GE Renewable Energy (GE:NYSE) to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the U.S.
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- Deal Includes Five-Year Vendor Finance Program Agreement
- Acquisition and Program Agreement Strengthen TIAA’s Services for Healthcare Institutions
Jacksonville, Fla., November 16, 2018 - TIAA Bank announced today the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans from GE Capital’s Healthcare Equipment Finance (HEF) business.
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WILMINGTON, North Carolina-November 13, 2018-GE Hitachi Nuclear Energy (GEH) and its PRISM technology have been selected by Battelle Energy Alliance (BEA) to support the U.S. Department of Energy’s Versatile Test Reactor (VTR) program which seeks to utilize fast neutron spectrum technology to support accelerated development of fuels and materials for U.S. advanced reactors.
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Joint initiative aimed to facilitate the increasing adoption of renewable generation while maintaining focus on grid safety and reliability
San Ramon, California, November 13, 2018 - PPL Electric Utilities and GE Power Digital announced a joint initiative to develop and test software to manage and control electricity from renewable and stored energy sources.
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- Company set to hire up to 100 new employees by 2021
- Facility will drive research to make wind turbine blades lighter and more cost effective
- Center is part of NASA Michoud Campus, bringing world-class technical and logistical resources
November 8, 2018, New Orleans, LA - LM Wind Power, a unit of GE Renewable Energy (NYSE: GE), today announced the inauguration of a new Technology Center Americas facility to develop and test new techniques for designing and building wind turbine blades at its facility on the NASA Michoud campus outsid
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- 3Q’18 GAAP continuing EPS of ($2.63); 3Q’18 adjusted EPS (non-GAAP) of $0.14
- GE CFOA (GAAP) of $(3.4) billion; adjusted GE Industrial free cash flows (non-GAAP) of $1.1 billion-a)
- Recorded non-cash goodwill impairment charge of $22 billion, before tax, related to GE Power
- GE plans to reduce quarterly dividend to $0.01 per share beginning with next declaration, expected in December 2018
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- Clarke Energy to Provide Two of GE’s Natural Gas-Fueled Jenbacher Gas Engines in a Customized Prefabricated and Modular Enclosure for Sebewaing Light & Water (SL&W)
- Project Helps Mitigate Effects of Increased Variability in MISO’s Wholesale Electricity Segment
- SL&W Project’s Savings in the Region of $1.4 Million and a Reduction of up to 15,000 Tons of Carbon Dioxide per Year Compared to Status Quo
- Hot Water Recovered from the Engines Will be Available to SL&W’s Leading Industrial Customer
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BOSTON, MA, October 16, 2018 - Today, Avitas Systems, a GE venture, announced that it received Federal Aviation Administration (FAA) approval to fly an unmanned aerial system (UAS) beyond visual line of sight (BVLOS) in Loving County, Texas. The permission authorizes Avitas Systems to fly a UAS over 55 pounds at low altitudes without a visual observer for industrial inspection; it is the first FAA-approved civil use of BVLOS with radar.