Although GE may deliver 14 percent fewer wind turbines worldwide in 2009, deliveries to China are up. GE says that its Chinese deliveries will double for the next two years as China’s wind market expands by leaps and bounds. From AIndianews.com, here are more details and comments from GE leadership:
… Read the restShipments will jump to 320 this year from 159 in 2008, and double again to 600 in 2010, Steve Fludder, head of GE’s environmental
General Electric is considering building a wind farm in the Mirkovo region of Bulgaria. Recently, country’s Economy and Energy Minister met with GM’s Project Manager of GE Infrastructure-Energy to discuss the region’s suitability for wind power generation.
… Read the restGE experts have visited Bulgaria twice in 2008 to conduct preliminary research of the area. The results revealed the possibility of building a wind park with power between 150 and 500 MW. The research is
Bloomberg has a report out on the companies that are most likely to benefit from the economic stimulus bill. The bill includes both spending and tax breaks for new transmission lines, wind farms and smart meters.
GE has a diversified portfolio of renewable energy initiatives and is expected to benefit from the funding for wind energy, energy efficiency and smart meters. Vestas Wind Systems is also expected to get a large piece of the stimulus … Read the rest
There’s a good piece over at Portfolio.com about Google’s green energy initiatives and collaboration with GE. Google’s goal is to make every home energy efficient so that appliances know when to power up and down while heating and cooling respond automatically to the prices in energy. Before that can happen big time upgrades must happen in the transmission lines which are horribly outdated and inefficient.
Google aims to do with energy what it’s done for … Read the rest
A-Power announced yesterday that it has signed a deal for a joint venture with GE Drivetrain Technologies.Under the terms of the agreement, the companies will work together to create a wind turbine gearbox assembly business. GE Drivetrain will own the majority of the business.
The companies also entered into a supply agreement, under which GE will provide more than 900 2.7 MW gearboxes to A-Power, starting in 2010.
… Read the restThe companies said
With the Obama administration just weeks away from move in day, there are quite a few articles out there being written about ways to play the coming infrastructure and green energy boom. Much has been made of Obama’s plan to decrease our dependence on foreign oil and to a lesser degree, plans to spend big on infrastructure. Certainly infrastructure and green energy will be two big themes over the next 4 years and possibly beyond, … Read the rest
GE has teamed up with EPURON Pte. Ltd. Singapore, a subsidiary of Conergy, to form the first renewable energy trust in the Asia Pacific region. The joint venture, to be called The Renewable Energy Trust Asia, or RETA for short, will invest in various types on renewable energy in the Asia Pacific market. Here are some more details about how the venture will work:
… Read the rest“RETA”) is an investment vehicle focused on the US$7 billion
Just months ago, the Pickens Plan was all the rage as oil soared to the stratosphere and the credit crisis was just beginning to unravel in a big way. T Boone Pickens had grand plans of a wind farm filled with $2 billion in wind turbines courtesy of General Electric (GE). Now those plans seem to be on hold but delivery isn’t expected until 2010.
The NY Times is reporting that Pickens told reporters at … Read the rest
SunPower and GE worked together on a project to provide a solar power system for HP’s printing technology research facility in San Diego, California. SunPower installed one of its SunPower(R) T10 Solar Roof Tile commercial roof systems at the HP building, which will reduce HP’s emission by more than 60 million pounds over the next 30 years. Instead of purchasing the system itself, HP is buying the energy from GE Energy Financial Services, which sells … Read the rest
Despite a difficult market for new homes, GE reports that its Ecomagination homebuilding program is going strong. The program helps designers and builders create homes that are energy efficient without being Spartan. Ecomagination homes use GE’s SmartCommand Enviro Monitor to help homeowners monitor energy and water consumption and set the thermostat for the home’s heating and cooling system.
According to Patrick McElhaney, manager of the Ecomagination homebuilding program, "Currently, builders and developers have committed to … Read the rest