* Little Raith Wind Farm Project Designed to Help Scotland Achieve Its Goals to Produce All of Its Electricity from Renewable Sources by 2020
* GE's Powerful 2.75 Megawatt Wind Turbine is the Latest in GE's Portfolio of Multi-Megawatt Wind Turbines Developed to Suit a Variety of Local Wind Regimes
Cost reductions would bring residential and commercial solar closer to parity with retail electricity costs, reduce the need for outside subsidies
GE investing hundreds of millions of dollars to increase solar power across the grid from the utility to homes and commercial properties
DENVER, CO, Oct. 13, 2011 -- Expanding their Rocky Mountain oil and gas reserves footprint, PRE Resources, Inc. is teaming up with GE Energy Financial Services, a unit of GE (NYSE: GE), to buy more than 100 producing wells and undeveloped acreage across 29 fields in Wyoming and Colorado.
NEW DELHI, INDIA, Oct. 10, 2011 -- Expanding GE's footprint in India and connection with one of the country's fastest growing clean energy developers, GE Energy Financial Services and Indian-based Greenko Group plc (AIM: GKO.L) have agreed to invest in a new venture to develop wind energy projects across India. The GE unit will invest US$50 million -- its first renewable energy investment in India -- to support the development of 500 megawatts of wind projects out of Greenko's planned development of one gigawatt of wind projects in India.
