General Electric

GE Vernova Invests $50 Million To Develop 6.1 MW Turbines

As wind energy progresses in North America, GE Vernova is going to invest $50 million at its Schenectady facility in New York as the site will assemble three key components for GE Vernova’s 6.1 MW turbine.  In addition, GE Vernova said it would hire 200 new skilled union operators, manufacturing engineers, and front-line leadership to […]

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GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat

General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […]

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GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems

American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […]

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Alternative Reality Ripe for Enterprise Adoption: GlobalData

The rising number of enterprises is leveraging immersive technologies such as augmented reality (AR) and virtual reality (VR) in order to improve their operational efficiency, lower costs and overcome skilled labour shortage, said the data and analytics company. Commenting on the matter, Venkata Naveen, Disruptive Tech Analyst at GlobalData, said that “by combining the virtual […]

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GoodWe, GE Ink Global Licensing Deal

GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […]

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IEEFA Report on GE Misread the Energy Transition: A Cautionary Tale

According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The report by IEEFA, ‘General Electric Misread the Energy Transition: A Cautionary Tale’, highlights GE and its primary shareholders as a case […]

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General Electric Wants to Install Solar Panels in New York

The company is seeking site plan approval to install 2,300 panels at the research center campus off River Road, with the first phase consisting of 700 panels. General Electric Co. one of the leading power companies in the world wants to install solar panels at its Global Research Center in Niskayuna, New York. According to […]

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What’s Stored in the Solar Storage

The war of storage is no novice in the generation of digital transformation. Perhaps, the word storage can be framed with human evolution as we dignified civilization and society further to individual home, hence imagining a home is also a fact of storage where it composites humans and their endeared beholdings. Now, the fact of […]

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