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Press Release

GE Energy Consulting Signs Software License Agreement with China Electric Power Research Institute

March 06, 2014

SCHENECTADY, N.Y.---March 6, 2014---Building on a long-standing business relationship, GE Energy Consulting and the renewable energy department of China Electric Power Research Institute (CEPRI) have agreed to a three-year license arrangement allowing CEPRI to use GE's Multi-Area Production Simulation (MAPS) software. The renewable energy department of CEPRI (a subsidiary of State Grid Corporation of China) provides key technical support for the growth of renewables in the country.


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Press Release

GE Power Conversion Enables DC in Remote Power Networks, Cutting Cost of Offshore Wind Electricity by 15 Percent

March 04, 2014
Press Release

GE Reaches Agreement with Shinsei Bank on Japan "Grey Zone" Claims

February 26, 2014

$1.7B buyout agreement ends exposure for GE
related to 2008 sale of Japanese consumer loan business

FAIRFIELD, Conn. -- February 26, 2014 -- GE announced today an agreement with Shinsei Bank to end GE's obligation to reimburse Shinsei Bank for refunds of interest paid in excess of the statutory interest rate by customers of the Japanese consumer finance business that General Electric Capital Corporation (GECC) sold to Shinsei in 2008.


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GE Supports Need for Distributed Power in Indonesia with Announcement of Key Projects

February 25, 2014
Press Release

GE Power Conversion Researching DC Distribution Architecture for Royal Navy

February 13, 2014

  • 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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BP Challenger Engineers Learn about GE's Pipeline Solutions

February 11, 2014

NEWCASTLE, ENGLAND---February 11, 2014---On January 9, delegates from BP's Challenger programme visited GE Oil & Gas' Newcastle (Wellstream Flexibles) and Cramlington (PII Pipeline Solutions) facilities to learn more about local pipeline solutions delivered to global customers.


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Wayne to Supply CNG Dispensers at Sochi 2014 Olympic Winter Games

February 10, 2014

Wayne Global Star™ CNG X11-11 fuel Dispenser Displayed at Sochi, Russia Pilot Fueling Site

AUSTIN, TEXAS and SOCHI, RUSSIA ---February 10, 2013---Wayne, A GE Business (NYSE: GE) and a global innovator of fuel dispensers and forecourt technologies, today announced it has been selected to supply compressed natural gas (CNG) fuel dispensers for the first fuel retail site at the 2014 Olympic Winter Games in Sochi, Russia.


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GE Oil & Gas Introduces Cofely Fabricom as First Authorized Services Provider in Europe

February 04, 2014
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