DUBLIN, Ireland, 25 February 2014 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland's wind power market by acquiring two wind farm construction projects that will be powered by the GE's flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element Power and now under construction, will help Ireland meet its renewable energy generation targets, produce power for thousands of homes, and reduce electricity costs for Irish consumers.
- Company will invest $10B additional in cleaner technology R&D by 2020
- New projects to reduce flare gas & research alternatives to water in shale development
Washington, DC. February 24, 2014 -- GE announced today the renewal of its ecomagination initiative, including new commitments and partnerships, as the company initiative reaches its ninth anniversary.
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- Aim is to Identify Concept Distribution Architectures for Multiple Platforms and Common Building Blocks for Equipment
- System Shows Great Promise as the Distribution Medium for Future Full-Electric Ships
RUGBY, UNITED KINGDOM---February 13, 2014---GE's Power Conversion business (NYSE: GE) has been awarded a development contract to further explore the opportunities presented by adopting DC distribution technology in Royal Navy ships.
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- Companies Combine Advanced Technologies to Provide Utilities with Proactive Approach to Distribution Management
- Meridium Software Incorporates Criticality and Asset Health Information to Provide Actionable Data
- Meridium's Data Collection and Management Capability Strengthens GE's Smallworld(TM) Offering
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SAN ANTONIO---January 28, 2014---With utilities looking for alternate ways to modernize their grids, many have turned to cloud-based technology like GE's (NYSE: GE) Grid IQ(TM)Solutions as a Service (SaaS) platform, which provides all of the benefits of a modern grid at a fraction of what it would cost a utility to completely overhaul its existing infrastructure. Today, GE's Digital Energy business announced it has made a minority investment in Power Generation Services, Inc.
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