General Electric

GE’s Advanced Technology is Key to Innovative Project at CONSOL Energy Coal Mine

04 March 2010 -- OAKWOOD, Va.--Thursday, March 04, 2010-- A new water treatment system, the first to be used in a North American coal mine, is being implemented by CONSOL Energy Inc. in one of the nation’s largest coal mines. The Buchanan No. 1 coal mine in Oakwood, Va., will receive GE’s (NYSE: GE) advanced filtration membranes and thermal water treatment technology to treat the mine water, enabling about 99 percent of the water to be reused in part at the company’s preparation plant facility.    » read more »

RIO DE JANEIRO, BRAZIL -- January 19, 2010 -- As further evidence of their commitment to renewable energies, GE (NYSE: GE) and Brazil’s federal energy company, Petrobras, today celebrated the world’s first use of sugarcane-based ethanol in a gas turbine system to produce electricity on a full commercial scale. The operation, at the Juiz de Fora Power Plant, is a significant milestone for Brazil.

Ethanol derived from sugarcane in Brazil is one of the most efficient biofuels in terms of energy balance and carbon emissions. The benefits of this alternative fuel are substantial: it is a renewable energy source and its combustion reduces atmospheric emissions, especially NOX.    » read more »

Canadian Government Revenues From Wind Farms More Than Offset Federal Financial Incentive, GE Study Estimates

OTTAWA, Canada, Jan. 14, 2010 – GE Energy Financial Services, a unit of GE (NYSE: GE), unveiled today a study estimating that renewing a Canadian federal financial incentive that has now allocated virtually all of its funding for wind energy projects would more than pay for itself through tax revenues from the projects’ income, vendors’ profits and individual workers’ wages.

The study estimated that injecting an additional $1.5 billion CDN into Canada’s ecoENERGY for Renewable Power program could spawn 5.2 gigawatts of new wind projects and carry a net present value benefit to Canada’s governments of $287 million CDN.    » read more »

GE Foundation commits 100% match of employee donations

14 January 2010 -- FAIRFIELD, Conn. -- In response to the recent tragedy in Haiti, GE announced a company-wide US$2.5 million commitment to support relief and recovery efforts in the region. To date, grants from the GE Foundation have been made to the American Red Cross for US $1 million and to the U.S. Fund for UNICEF for US$500,000.

GE's contributions to both organizations will provide immediate support to emergency response efforts and bring needed relief to the millions of impacted Haitians.

To ensure the highest quality of impact, GE will work with its partners on the ground to assess response efforts and determine next steps to help restore infrastructure and services to the impacted areas.    » read more »

LOUISVILLE, KY – January 15, 2009 – Sears, a retailer for energy-efficient and ENERGY STAR® qualified appliances, has made it even more convenient for consumers to save significant money on their electric bills and lessen household carbon emissions by making available the GE® Hybrid Water Heater. Providing significant savings for consumers, the GE Hybrid Water Heater is up to 62 percent more efficient than a traditional electric water heater and can save as much as $320 annually.**    » read more »

Forms GE Lighting Solutions

15 January 2010 -- CLEVELAND -- GE Lighting, a unit of GE Appliances & Lighting, continues a reshaping effort designed to better serve customers and enable profitable growth with the establishment of GE Lighting Solutions, a combination of its light-emitting diode (LED) systems operation, Lumination, based at GE Lighting’s world headquarters in Cleveland, and its commercial and industrial fixture group, GE Lighting Systems in Hendersonville, North Carolina.    » read more »

December 14, 2009 -- Mississippi Governor Haley Barbour announced today that GE Aviation is expanding its operation in Batesville. The company's Batesville plant produces composite components for the GEnx jet engine, which will power Boeing's new 787 and 747-8 aircraft. The GEnx engine is the world's only jet engine with composite fan blades, composite fan platforms and a composite fan case.

With the expansion, GE Aviation will add an additional 350 jobs over the next few years. The facility currently employs more than 100 employees.    » read more »

Kentucky Governor Beshear, Mayor Abramson Announce GE to Bring a Second New Production Line to Louisville’s Appliance Park

December 14, 2009 -- LOUISVILLE, Ky. – In his fight to create new jobs for the Commonwealth of Kentucky, Kentucky Governor Steve Beshear today joined Louisville Mayor Jerry Abramson and company officials at General Electric (GE) to announce the company’s plans to implement high-end, energy-efficient front load washer and dryer manufacturing at the Louisville Appliance Park. More than 430 new jobs would be created and an investment of over $80 million would be made by GE to bring the new product line to Kentucky.    » read more »

Electricity Systems Now Talking to Each Other Thanks to Smart Grid Technology

LINDEN, N.J. -- December 08, 2009 -- Two major Northeastern US power grids, in New Jersey and New York City, are now talking to each other and dispatching energy more efficiently and reliably using breakthrough GE smart grid technology and capital, the company announced today.

Three massive “variable frequency transformers” are converting up to 315 megawatts of electricity – enough for up to 300,000 homes – from the power system in New Jersey and feeding it to New York City.    » read more »

Using Wind Expertise and Proven Technology, GE Makes Solar More Reliable

SCHENECTADY, N.Y. -- December 09, 2009 -- Technology used in GE’s (NYSE:GE) wind turbines, known for proven performance and reliability, is now bringing similar benefits to large-scale solar photovoltaic (PV) systems. Building on a platform of power electronics, monitoring and controls that enhance wind energy grid integration, GE has developed a 600 kW solar inverter, which includes grid-friendly features to deliver performance in large-scale solar installations similar to conventional power plants.    » read more »

December 3, 2009 -- Washington, DC - Congressman Maurice Hinchey (D-NY), who is the founder and chairman of Congress' Future of American Media Caucus, today released the following statement regarding Comcast's deal to acquire NBC Universal from General Electric.

"Comcast's acquisition of NBC Universal would have a devastating impact on the already decreasing ability of the American people to receive unfiltered access to news, information, and entertainment programming from a wide array of sources. Given that we've already seen Comcast try to censor the Internet when it sought to undermine network neutrality several years ago, the American people should have no faith that Comcast would allow them to have access to a wide array of television programming.    » read more »

Eight 2.5xl Units Begin Service at New Wind Farm North of Paris, Contributing to Renewable Energy Development in the Picardy Region

PARIS, FRANCE—December 2, 2009—GE (NYSE: GE), French developer and energy producer Valorem SAS, as well as BL Finance have officially opened a new wind farm in the Picardy Region, north of Paris, on November 27, 2009, marking the first project in France to feature GE’s most advanced wind turbine technology.

The installation will help the co-operators, Valorem and Sofivent Développement, a BL Finance subsidiary, to efficiently produce renewable energy for local power needs.    » read more »

NBCU Businesses Valued at $30 Billion, Comcast to Contribute Businesses Valued at $7.25 Billion; Comcast To Own 51%, GE 49% Interest in NBCU

PHILADELPHIA, PA and FAIRFIELD, CT – Dec. 3, 2009 – Comcast (NASDAQ: CMCSA, CMCSK) and General Electric (NYSE: GE) announced today that they have signed a definitive agreement to form a joint venture that will be 51 percent owned by Comcast, 49 percent owned by GE and managed by Comcast.

The joint venture, which will consist of the NBC Universal (NBCU) businesses and Comcast’s cable networks, regional sports networks and certain digital properties and certain unconsolidated investments, will be well positioned to compete in an increasingly dynamic and competitive media and digital environment.    » read more »

TREVOSE, Pa.—December 3, 2009—GE (NYSE: GE) is honoring Cogentrix Energy, LLC today with a GE ecomagination Leadership Award for achievements in water reuse. Cogentrix’s 120-megawatt power plant in Battleboro, N.C. has implemented a solution to conserve an estimated 3 million gallons of water annually, or the equivalent to approximately 22 percent of its current water usage, greatly reducing its dependence on municipal freshwater sources impacted by a historic drought that ended earlier this year.    » read more »

First Offshore Deployment of GE 10-1 Dual Fuel Turbine Underpins Adriatic LNG’s GBS Mega-Project

FLORENCE, Italy--Tuesday, November 24, 2009-- In a pioneering application for the global liquid natural gas (LNG) industry, GE Oil & Gas technology is powering the world’s first gravity-based offshore LNG terminal located 17 kilometers offshore from the town of Rovigo, near Venice, on Italy’s north east coast.    » read more »