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.
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Powering the Lucky Country
Since its launch in 2005, ecomagination products have generated more than $130 billion in revenue, reduced GE’s GHG emissions by 34 per cent and freshwater use by 47 per cent.
- 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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Rise of Africa's Petro-States
Electrifying the Globe: 2014 and Beyond
How the lights came back on in Christchurch
“The place was full of emergency services people, civil defence, army, you name it,” he recalls. “They all went running for the door but I said to my boss ‘look, there’s no point going anywhere because the airport will be closed’.”