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Press Release

World's biggest offshore wind turbine heading to the UK for testing

June 25, 2019
  • GE's Haliade-X 12 MW nacelle and 107-meter long blade will be shipped to the UK as part of an advanced technology testing program
  • Both components will be tested at the Offshore Renewable Energy (ORE) Catapult's site in Blyth
  • GE is investing close to £15 million in R&D and testing activities for Haliade-X

London, June 25th 2019 – GE Renewable Energy has confirmed that the Haliade-X 12 MW nacelle and 107-metre long blade will be shipped to the UK as part of an advanced technology testing program that will focus on enhancing t

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GE Renewable Energy and Enerfín team up in Valencia to construct 50 MW Cofrentes wind farm

June 24, 2019
  • Cofrentes is the first project between GE Renewable Energy and Enerfín 
  • The 50 MW wind farm is the first one to be built in the Valencian Community after eight years
  • The scope of the projects highlights GE Renewable Energy's capabilities in Spain with operations, manufacturing of blades, services and digital monitoring to be done in country

Paris, June 24, 2019 – Enerfín announced today the start of the construction of the 50 MW Cofrentes wind farm, which will be powered by 13 of GE Renewable Energy's onshore wind turbines

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GE facilitates €90MM project financing for phase II construction of Ukrainian wind farm

June 24, 2019
  • German banking consortium to provide debt financing to fund the project
  • German and Spanish export credit agencies team up to support the debt financing
  • GE Renewable Energy to supply 26 3.8-137-110HH turbines for phase II 

KIEV, UKRAINE – JUNE 24, 2019 – GE Capital’s Global Capital Advisory (GCA) business, a unit of GE (NYSE: GE), has reached another project milestone for DTEK Renewables B.V.

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GE Board Of Directors Authorizes Regular Quarterly Dividend

June 21, 2019

BOSTON, Mass. – June 21, 2019 - The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable July 25, 2019 to shareowners of record at the close of business on July 1, 2019. The ex-dividend date is June 28, 2019.

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GE names Michael Keroullé President & CEO of Steam Power

June 13, 2019

Baden, Switzerland, June 13, 2019: GE today announced Michael Keroullé will become President & CEO of the $5 billion business on July 1,2019. Keroullé succeeds Andreas Lusch who will step down after a successful 32-year career in the industry as part of a thoughtfully planned transition process. Michael Keroullé was most recently Steam Power’s Chief Commercial Officer and has been with the company for 19 years.

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GE Introduces New Analytics to Advance Electric Grid Operations

June 11, 2019

Predictive analytics utilize data to combat complex pressures on the power industry

San Ramon, California, June 11, 2019 – GE (NYSE: GE) today announced the availability of three new grid analytics that combine domain expertise with artificial intelligence (AI) and machine learning (ML) to tackle pressing challenges in electric grid operations. The analytics use data from across transmission and distribution networks to help achieve goals for operational efficiency. The portfolio includes:

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GE Digital & Wabtec Collaborate to Advance Digital Evolution in Mining Industry

June 07, 2019

SAN RAMON, CALIF. – June 7, 2019 – GE Digital (NYSE: GE) and Wabtec (NYSE: WAB) today announced a multiyear agreement to continue commercialization of value-add applications such as Predix Operations Performance Management (OPM) and Predix Asset Performance Management (APM

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GE Healthcare Increases Multi-Vendor Parts Inventory on its Online Site to Expand Offerings

June 07, 2019

MILWAUKEE – June 7, 2019 - By 2022, hospitals and healthcare systems in North America will purchase 14.5% of their service parts, devices, accessories and supplies online1. To meet this growing demand, GE Healthcare has increased its inventory of multi-vendor parts available on GE Healthcare Service Shop, which will be on display at AAMI Exchange 2019.

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GE Upgrades Hydro Quebec's Montagnais Substation to Meet Growing Transmission Needs

June 05, 2019
  • Hydro Quebec calls on GE to upgrade a competitor’s Fixed Series Compensation (FSC) FACTS installation
  • GE’s FSC solution allows electrical service providers to increase the power transfer capability of their power lines while reducing line losses and improving overall grid stability
  • FSC is a particularly effective solution for utilities like Hydro Quebec that must move electricity vast distances from generation facilities to end-user customers

Quebec, CANADA – June 5, 2019 – GE's Grid Solutions business [NYSE:GE] was awarded a c

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GE Renewable Energy Signs Three Year Agreement with Enel Green Power to Improve Visibility and Performance on up to 3.2 GW of Hydro Plants

June 04, 2019
  • Goal is to advance O&M activities by centralizing data collection and boosting quality of plant information
  • Predictive analytics, remote monitoring services from hydro experts and on-site sensor assessment are included in the scope of the agreement

Boulogne Billancourt, France, June 4, 2019 – GE Renewable Energy (NYSE: GE) announced today it signed with the Enel Group's renewable business line Enel Green Power (EGP) a three-year agreement to provide predictive Operation and Maintenance (O&M) capabilities to the group's hydro plan

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