GE expands presence in fast-growing Russian energy market
Technology to help meet Russia's growing need for cogeneration
JV with Russian partners INTER RAO UES and UEC
Rybinsk facility to start producing gas turbines in Q2'2014
Rybinsk, Russia -- October 31, 2012 -- GE (NYSE: GE) and two Russian joint venture partners, INTER RAO UES and United Engine Corporation, today held a groundbreaking ceremony for the Russian Gas Turbines LLC Manufacturing Facility.
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Sydney, 19 March 2012: Australia is the only G20 country that has gone backwards on its low-carbon competitiveness since 1995 according to the Global Climate Leadership Review 2012 released today by The Climate Institute.
In an innovative index from The Climate Institute and GE that measures a country's ability to prosper in the emerging global low carbon economy, Australia rates the worst of any advanced economy. Ranked 16th among the G20 nations, Australia is the only country which has a current score lower than it had in 1995.
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LONDON Sept. 15, 2011 -- Launching a North Sea oil and gas development lending program, GE Energy Financial Services, a unit of GE (NYSE: GE), joined an existing group of financial institutions in a loan facility for Sterling Resources Ltd. (TSX-V:SLG). Of the GBP 105 million senior secured loan, GE Energy Financial Services has committed GBP 26.1 million.
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Funded by Verve Energy, GE Energy Financial Services and WA Government, 10-megawatt project will use First Solar PV modules
Geraldton, Western Australia, Aug. 31, 2011 --- First Solar, Inc. (Nasdaq: FSLR), Verve Energy and GE (NYSE: GE) unit GE Energy Financial Services announced today that Australia's first utility-scale solar power project is under way. Output from the 10-megawatt AC project on 80 hectares of cleared land 50km southeast of Geraldton will contribute to offsetting the energy requirements of the Southern Seawater Desalination Plant.
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VANCOUVER, BC -- August 9, 2010 --- Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that their Toba Montrose General Partnership ("TMGP") has commenced selling electricity to BC Hydro under an Electricity Purchase Agreement ("EPA") from power generated by the East Toba River and Montrose Creek generation facilities. TMGP has received confirmation from BC Hydro that the project has met its guaranteed commercial operations date commitment under the EPA.