Construction of Old Mill Wind Farm has been completed, thanks to Natural Power‘s owner’s engineer services and GE’s wind turbines. The wind farm, located in County Monaghan, Ireland, and comprises of six GE 2.85-103 turbines with an installed capacity of 17.1 MW. Owned by Belgian company, Storm, the site was energized at the beginning of…
GE and Eni partner to develop multiple renewable energy projects
Eni has signed an agreement with General Electric (GE) to develop renewable energy projects and hybrid solutions with a focus on energy efficiency. Through this agreement, Eni and GE intend to jointly identify and develop large-scale power generation projects from renewable energy sources. The agreement covers a wide range of innovative technologies, including onshore and…
Enel Green Power and GE to create 50/50 joint venture
Enel S.p.A., through its U.S.-based renewables subsidiary Enel Green Power North America (EGPNA), has signed a letter agreement with GE Energy Financial Services in which EGPNA would sell a 1% stake in EGPNA Renewable Energy Partners LLC (EGPNA REP) to GE to create a 50/50 joint venture Following the transaction, EGPNA will reduce its stake…
Exelon to deploy GE’s Predix software across its entire energy generation fleet
GE announced an enterprise-wide software agreement with Exelon, a Fortune 100 energy company. This agreement includes integration and deployment of GE’s entire suite of Predix* software applications across Exelon Generation’s fleet of wind, solar, hydroelectric, nuclear, and natural gas facilities. The digital technology will be used to improve power plant reliability and performance. The software agreement is also a…
Germany building the world’s first wind turbines with built-in hydroelectric capability
At full capacity, it should produce 13.6 megawatts, along with another 16 megawatts from the hydroelectric plant.
Clean Line Energy partners with GE on massive Plains & Eastern transmission project
GE Energy Connections and Clean Line Energy announced their collaboration for the development of America’s largest clean-energy infrastructure project, the Plains & Eastern Clean Line. The transmission project will be the first overhead high-voltage direct-current (HVDC) project in the U.S. in more than 20 years. GE has been selected as the exclusive provider of the HVDC converter stations, paving…
GE to provide 5-MW converters to support China’s offshore wind market
Driven by energy security, decarburization and industrial benefit, the Chinese government has set up an ambitious plan to achieve 30-GW installations by 2020 in the offshore wind industry. China’s offshore industry has seen robust growth over the past few years. GE’s Power Conversion business, a sub-business of GE Energy Connections, is set to provide its proven…
GE Energy and Citi provide tax equity financing to Deepwater Wind
GE Energy Financial Services and Citi announced the closing of tax equity financing on Deepwater Wind’s Block Island Wind Farm, the first offshore wind farm in the United States. Deepwater Wind completed construction on the 30-MW Block Island Wind Farm in August, and commercial operations are expected to begin in November. “An innovative project takes thoughtful…
Four trends shaping the service industry for renewable energy
Investors are looking more into service agreements to ensure a project’s bankability.
GE’s goal is to electrify the world
Abundant energy drives today’s economic and social progress. Global energy investment in 2015 accounted for nearly 2.4% of global GDP—electricity, including networks, accounted for 37% of this investment[1], serving worldwide energy demand and providing critical energy access to millions.
GE plans to acquire LM Wind Power in $1.65 billion cash deal
GE has announced its intent to purchase LM Wind Power, a Denmark-based manufacturer and supplier of rotor blades, for $1.65 billion.Since 2001, LM Wind Power has been owned by Doughty Hanson, a leading London-based private equity firm. The deal in-sources turbine blade design and manufacturing for GE’s Renewable Energy business, with the intent to improve the…
GE and Max Bögl to install world’s tallest wind turbine — integrated with pumped storage
General Electric Company (GE), through its GE Renewable Energy business, has signed a turbine supply agreement with Max Bögl Wind AG to deliver and commission the world’s tallest wind turbine — and first ever turbine integrated with pumped storage hydro-electric power. The full scope of the Gaildorf project, located in Germany’s Swabian-Franconian Forest on the…
GE supplies wind turbines for first phase of 200 MW digital wind farm in India
GE’s Renewable Energy business announced that it has completed construction of the first of a three-phase wind project in southeast India, namely 30 units of GE’s 1.7-103 turbines.
Falvez Energy gets GE financing for 163-MW Texas wind farm
Falvez Energy has closed the financing of the 163-MW Falvez Astra Wind Project in Texas, its first utility-scale wind project. GE Energy Financial Services provided the construction financing, and together with BNP Paribas SA will each provide 50% of the long-term tax equity for the project. The project is located in Randall, Castro, and Deaf Smith…
GE and MIT Energy Initiative to develop advanced tech for transforming global energy systems
GE has announced it will be joining with the MIT Energy Initiative (MITEI) to fund advanced technology solutions to help transform global energy systems.
GE to provide static frequency converter to pump-storage power plant for electricity generating authority of Thailand
The government of Thailand has outlined an energy plan in which the country anticipates achieving more than 2 gigawatts (GW) of newly added pump-storage hydropower capacity by 2036.
GE blog: Improving power quality to meet future energy demands
To achieve this growth and power quality in a fast and cost-effective way, the 21st century’s major energy challenge is delivering electricity as efficiently as possible.
GE’s Digital Wind Farm unlocks higher production for two aging wind plants in Japan
GE Renewable Energy has secured a five-year Digital Wind Farm services contracts for two aging wind farms in central Japan. Kinden Corporation’s 30-MW Shirama wind farm, a 7-year-old project near Osaka, will use the digital solution to increase the site’s annual energy production (AEP) by up to 5%. Additionally, a second contract has been signed with Kandenko…
GE Haliade 150-6MW turbines soon to arrive at Block Island Wind
America’s first offshore wind farm off the shores of Rhode Island is one step closer to completion. Only one tower section remains to be mounted on the Block Island Wind project before final cabling is finished. National Grid completed the installation of the sea2shore submarine cable connection in June. The GE Haliade 150-6MW turbines are…
GE Reports provides stunning images of wind turbines, install ship getting ready to shove off in France
The boxy, 132-meter-long, 39-meter-wide wind turbine installation vessel framed by four soaring steel columns is carrying five massive nacelles for Deepwater Wind’s Block Island Wind Farm.