GE announced its fourth quarter and full-year 2017 results this week, and its renewable energy division GE Renewable Energy highlighted its own performance, including a total of $10.4 billion worth of orders and $10.3 billion of sales.
From buying and selling electricity to raising capital for new ventures to securing the grid and valuing decarbonization directly, innumerable innovators from tiny startups to the largest technology firms and governments in the world are exploring how blockchain technologies can transform.
GE announced on Wednesday that it had received its largest renewable energy order in Thailand to build the three 90 megawatt clusters for the Theparak Wind farm in Central Thailand.
We have seen the fall of coal. The Dow Jones Coal Index, which stood at over 723 at its high in 2008, was down over 94% to 41.36 on December 8. Just as telling, all of the companies that were its components in 2008 have disappeared. There is now only one company in the index, and it is new, cobbled together out of the wreckage of those that once were.
General Electric says it will cut 12,000 jobs worldwide in its power generation division, as demand for gas turbines has dropped dramatically as the demand for renewable energy rises.
GE Renewable Energy announced on Tuesday that it has now installed more than 60 gigawatts worth of onshore wind energy capacity across the globe, made up of over 35,000 wind turbines in 36 countries.
A total of 11,570.9 megawatts worth of wind turbine orders were announced through the first half of 2017, a nearly 2 gigawatt decline on the same time a year ago and over 3 gigawatts on the second half of 2016, and was led once again by Vestas.
GE Renewable Energy and the Green Investment Group have this week announced they will be working to deliver the 650 MW Markbygden ETT wind farm in Sweden which, upon completion, will be the largest single-site onshore wind farm in Europe.
GE Renewable Energy recorded yet another strong quarter with $3 billion in orders and double the growth in its international onshore wind orders, according to figures pulled out of GE’s larger third-quarter earnings report published last week.
EV charging infrastructure was largely limited to normal electricity outlets a decade ago. The market for electric car charging stations has grown tremendously as the market has, and it’s at a critical transition point again now as long-range affordable electric cars start arriving on the market. If you live in the USA, there are several large charging networks/companies, but there’s one company in particular that jumps out when you think of EV charging stations. Even if its name wasn’t in the title, I’m sure you’d be picturing the orange logo and station styling right now.
