Marafiq Honors GE for Technology Contributions Helping to Build the World's Largest Independent Water and Power Plant
JEDDAH, SAUDI ARABIA---November 3, 2008---GE Energy, which is supplying advanced technology solutions for the world's largest independent water and power plant, today received the inaugural Power and Utility Company for Jubail and Yanbu (Marafiq) Award for Sustainability from Marafiq, a Saudi Arabian integrated utility company.
LOUISVILLE, Ky.--(BUSINESS WIRE)--GE Consumer & Industrial announced today that it is introducing a program that will provide the next step in home energy cost savings for consumers while helping utility companies better manage the demand for energy during peak energy usage times.
Unveils plans for first HFC-free household refrigerator to be built and sold in the U.S.; Submits hydrocarbon refrigerant for EPA approval
LOUISVILLE, Ky.--(BUSINESS WIRE)--GE today takes a first step to a future where U.S. families might enjoy cleaner refrigeration in their homes, empowering citizens to reduce their greenhouse gas emissions while still earning performance benefits from a centerpiece in the U.S. home.
Plant Supports Japan's Renewable Energy Goals, Serves as Regional Model
KUALA LUMPUR, MALAYSIA---October 23, 2008---Japan's most powerful wood gas-to-energy power plant, powered by two of GE Energy's Jenbacher gas engines, has won the Gold Award for the Best Renewable Energy Power Plant of the Year, conferred by Asian Power magazine. The innovative project generates power from an abundant, renewable biomass resource that would otherwise be treated as rubbish, demonstrating opportunities for future waste-to-energy initiatives in Japan.
NISKAYUNA, N.Y.--22 October 2008-- GE (NYSE: GE) is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123's $102 million Series E financing, making it the battery manufacturer's largest single cash investor -- at 9 percent ownership. The investments were made by GE Commercial Finance - Equity and GE Energy Financial Services, bringing GE's combined total investment in A123Systems to $55 million.
* Annual Cleaner R&D Grows to $1.4 Billion
* Total Energy Savings to Company of $100 Million
FAIRFIELD, Conn.--21 October 2008-- GE today affirmed that, amidst global economic turbulence, revenues from its range of energy efficient and environmentally advantageous products and services will surge 21% to $17 billion in 2008, while GE's annual investment in cleaner research and development will pass $1.4 billion.
Residential SunPower Systems Available to HP Employees At Preferred Rates
SAN DIEGO, Calif. -- Oct. 13, 2008 -- SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels, and solar systems, and GE (NYSE: GE) announced today the completion of a 1.1-megawatt solar-electric power system on the roof of HP's printing technology research and development facility in San Diego. The companies are jointly dedicating the system today at the HP site.
