General Electric

Columbus, Ohio – Ohio Governor Ted Strickland, Ohio Department of Development Director Lisa Patt-McDaniel, Ohio Board of Regents Chancellor Eric Fingerhut, and regional and local leaders today joined GE Aviation President and CEO David Joyce for an announcement of a $161 million investment at the company’s global headquarters in Evendale near Cincinnati.

The project will revitalize the headquarters and is expected to retain more than 5,000 Ohio jobs.    » read more »

Makes Loan to Indonesia’s Biggest Geothermal Power Plant

JAKARTA, Indonesia--Wednesday, November 04, 2009-- Tapping into growth in Asia and in renewable energy, GE (NYSE: GE) unit GE Energy Financial Services announced today it has loaned US $50 million to Indonesia’s biggest geothermal power producer, a 220-megawatt emissions-free plant set in a volcanic region of tea and quinine plantations.

The loan for the Wayang Windu plant -- near the town of Pangalengan, 200 kms southeast of Jakarta – represents the first geothermal power investment by GE Energy Financial Services outside the United States, as well as the continued execution of its global growth strategy.    » read more »

GE to Showcase Jenbacher Biogas Engines that are Helping U.S. Dairy Farmers Generate Renewable Electricity from Cow Manure Methane

SYRACUSE, N.Y.--Thursday, October 29, 2009--With the country working to develop cleaner, alternative energy sources, the U.S. dairy industry with sponsorship from GE Energy is convening the New York Dairy Power Summit in Syracuse, N.Y., this week.

The summit brings together experts in dairy production, engineering, environmental science, financing, legislation and policy, and green energy business to accelerate opportunities for U.S. dairy farmers to use cow manure methane biogas to generate reliable, cost-effective renewable electricity.    » read more »

FAIRFIELD, Conn. – Oct. 16, 2009 – GE announced today third-quarter 2009 earnings from continuing operations (attributable to GE) of $2.5 billion, or .22 per share, including the effect of .05 in restructuring and other charges, down 51% from the third quarter of 2008. Industrial segment profit grew 4% in the quarter compared to the year-ago period.

Cash generated from GE Industrial operating activities totaled $4.4 billion in the quarter and $11.5 billion year to date, up 1%. Total company backlog of equipment and services grew 2% to $174 billion over the prior quarter.    » read more »

14 October 2009 -- NISKAYUNA, New York and Herzliya, Israel, October 14, 2009 – SolarEdge, whose technology increases solar power systems’ output by up to 25 percent, announced today that GE (NYSE: GE) unit GE Energy Financial Services has joined a US$23 million funding round to support growth in residential and large-scale photovoltaic sites.

SolarEdge’s other investors are US venture capital leaders Opus Capital and Walden International, the Israeli funds Genesis Partners and Vertex Venture Capital, and the Singaporean fund JP Capital Asia.    » read more »

GE’s Jenbacher CHP Units to Support European Union Energy Efficiency Goals, Help Eliminate up to 40 Percent of a Plant’s Annual CO2 Emissions

PLOIESTI, Romania--Wednesday, October 07, 2009-- In line with a major initiative by the European Union (EU) to reduce emissions, GE Energy, the Coca-Cola Hellenic Bottling Company S.A. and the energy development company ContourGlobal today celebrated the opening of a new cogeneration plant at Coca-Cola Hellenic’s Ploiesti bottling facility near Bucharest.

The Romania natural gas-fueled cogeneration plant represents the first of a planned group of 15 combined heat and power (CHP) plants that will be installed at Coca-Cola Hellenic’s facilities in 12 European countries.    » read more »

GE’s CHP Units Help Mine Reduce Environmental Impact by Saving 1.3 Million Tons of CO2 per Year

29 September 2009 -- NORTH QUEENSLAND, AUSTRALIA -- Queensland Minister for Mines and Energy Stephen Robertson today formally opened one of Australia‘s most powerful onsite power plants fueled by waste coal mine gas (WCMG). Today’s event highlights the mining industry’s efforts to reduce the environmental impact of its activities while ensuring that coal remains an important national export and global energy source.    » read more »

Innovative energy systems produces 60 megawatts of usable energy from landfill gas with ge fanuc intelligent platforms hardware and software

CHARLOTTESVILLE, Va.--30 June 2009-- In the true spirit of environmental consciousness, GE Fanuc Intelligent Platforms’ customer Innovative Energy Systems (IES) has developed a clean energy solution that recovers methane gas from landfills and converts it into electricity as an alternative energy source.

The solution uses GE Fanuc Intelligent Platforms’ controllers, HMI/SCADA software and operator interface equipment to facilitate the processing of the gas and keep the system running efficiently and effectively, providing Innovative Energy with a sustainable and competitive advantage.    » read more »

GE Energy and Mitsubishi Heavy Industries Sign Final Agreements to Co-Develop World’s Most Advanced New Steam Turbine for Combined-Cycle Power Plants

SCHENECTADY, N.Y.--23 June 2009-- GE Energy and Mitsubishi Heavy Industries, Ltd. (MHI) have signed final agreements to co-develop a “next generation” steam turbine for use in gas turbine combined-cycle power plants.

The co-development effort will focus on the design of a new, advanced steam turbine, leaving each of the parties to separately manufacture and sell the co-developed steam turbine in support of its natural gas-fired, combined-cycle power generation products.    » read more »

International Team of Engineers to Develop Next Generation of Energy, Environmental Solutions

BELFORT, France--23 June 2009-- GE Energy today opened a new Technology Center in Belfort, the company’s European headquarters for the past 10 years and its international center of excellence for the manufacturing of medium-sized gas turbines.

The new Technology Center will house up to 400 engineers from 15 different countries, who will work to develop the most advanced technology to help customers address environmental and energy challenges.

Covering 12,000 m2, the center will be fully operational by September2009 and represents GE Energy and Sempat’s (Société patrimoniale du Territoire de Belfort) joint investment of approximately € 25 million.    » read more »

GEnx launch, Mubadala agreement, engine sales and services are show highlights

LE BOURGET, France — June 18 2009 – With its unveiling of the fastest selling large jet engine in GE history – the GEnx – and its strategic agreement with Mubadala Development Company, GE (NYSE: GE) and its joint ventures, CFM* and Engine Alliance+, announced more than $8 billion in orders at this week’s Paris Air Show, which is held at Paris’ Le Bourget airport.    » read more »

GE Hitachi Nuclear Energy Encourages Congress to Support Development of Recycling Technology to Turn Used Nuclear Fuel into an Asset

WILMINGTON, N.C.--18 June 2009-- As the White House and U.S. Congress create a new national strategy for managing used nuclear fuel, GE Hitachi Nuclear Energy (GEH) is encouraging lawmakers to support the research and development necessary for recycling nuclear fuel.

Testifying before the U.S. House of Representatives’ Science & Technology Committee on Wednesday, Lisa Price, a GEH senior vice president, briefed lawmakers on GEH’s proposed Advanced Recycling Center (ARC). The concept offers a timely solution to the industry’s most significant public policy and environmental challenges by turning used nuclear fuel into an asset.    » read more »

First designation for a company in India will cut red tape and increase flow of high-technology trade between the two countries

June 17, 2009 -- WASHINGTON—Secretary of Commerce Gary Locke today announced an important step forward in the strategic partnership between the United States and India during remarks to the U.S.-India Business Council’s 34th Anniversary “Synergies Summit.”

General Electric India (GE India) has been tapped as the first Indian company to qualify as a validated end-user (VEU) in India, allowing the company to enter a pre-approved, export express lane as a trusted end user.    » read more »

17 June 2009 -- CALGARY, Alberta - WestJet today announced it has signed an exclusive 12-year OnPoint* solution agreement valued at more than $850 million (USD) over the life of the contract with GE Aviation for the maintenance, repair and overhaul of its fleet of CFM56-7+ engines that power 79 Boeing Next-Generation 737 aircraft.

As part of the agreement, maintenance, repair and overhaul of WestJet’s engines will be performed at the StandardAero plant in Winnipeg, which has just undergone a major expansion, resulting in additional employment for Manitobans.    » read more »

Independent researchers conduct fuel test of GE and EMD model locomotives

Erie, Pa. (June 17, 2009) - GE Transportation announced today the results of a head-to-head fuel test between GE’s Evolution® ES44AC and EMD’s SD70ACe Tier 2 emissions-compliant locomotives. According to an independent research study GE’s locomotives are over 6% more fuel-efficient compared to their EMD counterparts.    » read more »