GE Energy Financial Services is aggressively expanding its presence in solar power markets across the world. The company’s latest investment has been announced just weeks after an investment was made in the largest solar power project in India. GE Energy Financial Services has announced that it will invest in a 32 … [continued]
General Electric has announced its first major investment in the Indian solar energy sector. The beneficiary is the largest operational solar power plant in India. The American major has invested $24 million in 151 MW solar photovoltaic power project owned by Welspun Energy. The plant was commissioned in February this … [continued]
Following up on my post about GE’s new PowerUp technology for wind turbines, below is a little more background on “the Industrial Internet,” the broader screenplay in which PowerUp is just one scene. (Full disclosure: GE funded and organized my trip to the GE Minds + Machines 2013 in Chicago. … [continued]
The top commercial solar users in the US have been revealed by the Solar Energy Industries Association (SEIA) and Vote Solar. They were revealed yesterday at Solar Power International 2012 in Orlando. The companies are simply ranked by ranked by cumulative solar energy capacity. I’m a much bigger fan of relative … [continued]
Belectric, a world market leader in photovoltaic system integration, has integrated the world’s first 1500-volt operation into the grid. The open-space solar power plant is the first to utilize the full power bandwidth defined by the European Union’s Low Voltage Directive, and could result in […]
Due to the falling prices of solar panels around the world, General Electric has put its 400 MW cadmium-telluride solar factory in Aurora, Colorado, on hold. This project has been in development for over a year, and was already announced when GE purchased PrimeStar Solar in April 2011. Even … [continued]
GE is one of the largest companies in the world. It’s the sixth largest corporation in the U.S. and, as Chris Varrone noted last year, it has its hands in nearly every energy sector (perhaps every energy sector) and numerous non-energy sectors, as well. Now, the good news is … [continued]
When one of the largest companies in the world is doubling down on investments in a specific technology or industry, you know there’s movement afoot. GE, the 6th largest U.S. company and the 14th most profitable in 2011, announced yesterday that it had doubled its solar energy investments in … [continued]
Folks out in Denver, Colorado applauded an announcement Thursday night from Gov. John Hickenlooper that GE had chosen Colorado, more specifically the Denver suburb of Aurora, as the site for a new thin-film solar manufacturing plant. GE anticipates investing as much as $600 million in the plant, which is expected to employ 400 workers involved in manufacturing as much as 400-megawatts (MW) worth of thin-film solar panels, enough to power 80,000 homes a year.
Paul Browning, Vice President at General Electric, came out this past week saying that a move to natural gas and renewable energy will be the global long-term trend.
At one level, this is a rather uncontroversial statement. The major options for electricity generation include coal, natural gas, nuclear and renewable energy options like wind, solar, hydro and biomass.
