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Press Release

GE Signs Digital Power Plant Agreements with Pakistan's Halmore and Orient Power to Maximize System Efficiency

May 25, 2016
  • Marks the fourth and fifth adoption of GE Power’s Digital Power Plant solutions to drive operational efficiency and productivity of power assets in Pakistan to support Vision 2025
  • Software solutions at Halmore’s power plant in Bhikki and Orient’s power plant in Balloki to enhance plant performance

Islamabad, Pakistan; May 25, 2016: GE (NYSE: GE) has signed contracts with Halmore Power Generation Company Limited and Orient Power Company Ltd to provide its Predix-enabled Digital Power Plant solutions.


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GE Power and Partners Convened Future of Electricity Summit in New Delhi, India

May 11, 2016
  • Summit Brought Together Leaders from Business and Government to Accelerate Progress and Continued Investment in India’s 21st Century Energy Agenda
  • Digital Solutions Could Pave the Way for More Efficient and Accessible Energy to Meet India’s Soaring Demand Required over the Next Several Decades

NEW DELHI-May 11, 2016-GE (NYSE: GE), in partnership with Mint and Hindustan Times, yesterday convened distinguished members from the government of India, policy leaders and industry experts to discuss the country’s evolving electricity landscape a


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GE Power Opens First Advanced Manufacturing Facility, a $400 Million Digital Industrial Investment for South Carolina

April 22, 2016
  • New Facility Will Deploy Best-in-Class Technologies to Accelerate Improvements in Every Aspect of the Manufacturing Process Including Design, Engineering, Product Development, Production, Supply Chain, Distribution and Service and Will Unlock New Productivity and Growth across GE’s Power Portfolio
  • GE Has Invested $73 Million to Date and Will Invest an Additional $327 Million across the GE Power Greenville, S.C., Campus to Boost Innovation and Accelerate the Commercialization of  Development of Best-in-Class Technologies for Customers across the Globe
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Eyeing Digital Trends in Power, GE and IHS to Co-Host Digital Transformation of Power Summit in Silicon Valley

February 24, 2016

HOUSTON-February 24, 2016-GE (NYSE: GE) and business information provider IHS (NYSE: IHS) today announced they will co-host a digital summit in Silicon Valley that will explore the digital transformation taking place in the power sector. The digital summit, slated for spring 2016, will host the power and utility industry, academia, corporate, tech sector and government leaders who will examine the impact of digitization across the energy value chain from the generation, transmission, distribution and consumption.


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Digital Transformation of Energy Accelerating GE's Digital Plans for Power Industry

February 24, 2016
  • GE’s Digital Power Plant is One of the Fastest Growing Parts of GE’s Digital Portfolio with 15 Customers Since Launch in October 2015
  • GE’s Predix* Platform for the Industrial Internet Announces Its Digital Alliances Program to Grow Digital Industrial Ecosystem

HOUSTON-February 24, 2016-Showcasing GE’s (NYSE: GE) transformation into the world’s leading digital industrial company, GE Power today highlighted the latest steps it is taking to deploy its portfolio of digital solutions to help utility and industrial customers boost their productivity whil


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GE Wins Nearly $1 Billion Contract to build SEC's 1390 MW Waad Al Shamal combined cycle power plant

December 31, 2015
  • Landmark project to be delivered in 48 months; to support phosphate mining plant in the locality driving industrialization and job creation for Saudis
  • Plant to feature GE’s latest F-class heavy duty gas turbines, one of them to be ‘Made in Saudi’ at GE Manufacturing Technology Center in Dammam
  • Features solar innovation technology that adds value to Saudi Electricity Company 

Riyadh, Saudi Arabia; December 31, 2015: GE (NYSE: GE) has been awarded a landmark contract valued at nearly US$1 billion for the engineering


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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 Power & Water Unveils the Digital Power Plant; a Revolutionary Energy Innovation to Meet Increasing Global Demand for Fast, Data-Driven, Secure Power Solutions

September 29, 2015
  • First-of-Its Kind “Digital Power Plant” Platform Will Enable Greater Efficiency and Output, More Flexibility for Renewables Integration and Help Grid Stability
  • Secure, Data-Driven Power Generation Estimated to Deliver $75 Billion in Savings across Power Industry Today
  • Delivering ~$230 Million per New Plant or ~$50 Million for Existing Combined-Cycle Gas-Powered Plant in Savings
  • Exelon Generation and GE are Announcing an Agreement for Enterprise-Wide Software Technologies across Three Fuel Sources-Nuclear, Gas and Wind

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Super Collaboration: GE and Cascade Apply New Technologies and Super-Computer Capabilities to Improve Gas Turbine Combustion

June 22, 2015
  • Joint Development Agreement Formalizes Multi-Year Collaboration
  • New Technologies to Give GE and Cascade a “Look Inside” Gas Turbine Combustion Process
  • Enhanced Visualization Capabilities Designed to Advance New Product Introduction

Schenectady, NY -June 22, 2015- Building on several years of work with Cascade Technologies, Inc., GE (NYSE:GE) has announced a multi-year joint development agreement with this Palo Alto-based company.


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Industrial Internet could add €2.2 Trillion to European GDP by 2030, says GE report*

June 19, 2013

GE publishes new report entitled "The Industrial Internet - Pushing the Boundaries of Minds and Machines: A European Perspective", revealing the potential business and economic impact of the Industrial Internet in Europe. Key findings of the report include:

 


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