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Deere Announces Agreement to Acquire Monosem the European Market Leader in Precision Planters

MOLINE, Illinois, November 2, 2015 – Deere & Company said today it has signed a definitive agreement to acquire Monosem, the European market leader in precision planters. The purchase includes the company’s four facilities in France and two in the United States. “Through this action, we continue to build on our leadership position in precision […]

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USDA Awards Nearly $2.3 Billion in Loans for 77 Rural Electric Infrastructure Projects

WASHINGTON,– Agriculture Secretary Tom Vilsack today announced nearly $2.3 billion in loans to build and improve rural electric infrastructure in 31 states. “Improving our rural electric utility systems will help us continue to provide reliable and affordable electricity to rural customers,” Vilsack said. “By financing these improvements, USDA helps increase efficiencies, reduce carbon emissions and […]

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Caterpillar Announces New Organizational Structure for Mining and Customer and Dealer-Facing Divisions

PEORIA, Ill. – Building on its 90-year history of providing unmatched product support around the world, Caterpillar Inc. (NYSE: CAT) today announced a reorganization in its dealer and customer support divisions. These changes are designed to improve and speed the delivery of customer support while simplifying the way Caterpillar interacts with its global dealer network. […]

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Increasing Solar Access for All Americans – Whitehouse Initiative to Increase Access to Low- and Moderate-income Communities

Last year, the United States brought online as much solar energy every three weeks as it did in all of 2008, and the solar industry added jobs 10 times faster than the rest of the economy. And since the beginning of 2010, the average cost of a solar electric system has dropped by 50 percent. […]

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Global Consortium To Deliver Australia’s Third Largest Wind Farm, Valued At $450 Million

VICTORIA, AUSTRALIA – Renewable Energy Systems (“RES”), together with GE (NYSE: GE) and Downer (ASX: DOW), today announced a major contract for the supply of 75 wind turbines to the 240MW Ararat Wind Farm in south-west Victoria. In what will be the third largest wind farm in Australia, the $450 million project will be financed […]

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GE and Cascade Apply New Technologies and Super-Computer Capabilities to Improve Gas Turbine Combustion

Schenectady, NY — Building on several years of work with Cascade Technologies, Inc., GE (NYSE:GE) has announced a multi-year joint development agreement with this Palo Alto-based company. The collaboration will focus on applying and improving simulation software that enables engineers to virtually look inside a gas turbine as it operates and gain a better understanding […]

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IKEA Group and IKEA Foundation commit a total of EUR 1 billion for climate action

In this critical year for climate action, IKEA Group and IKEA Foundation are making bold new commitments to accelerate the transition to a low-carbon economy and to support the communities most at risk. Announced today, the EUR 1 billion total is made up of an IKEA Group commitment of EUR 600 million for investment in […]

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Asian Countries Are among Top Achievers on Sustainable Energy Progress

Manila – Asian countries are making a vital contribution to achieving global sustainable energy goals, a new World Bank report finds. But while the region performs strongly on ensuring electricity access for people and using more modern renewable energy, there is room for further improvement on energy efficiency and access to clean, smoke-free cooking. The […]

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Greater Paris becomes “Learning Laboratory” during Global Conference on Regional Metropolitan Planning

PARIS, — Managing historic urban growth to create inclusive, sustainable communities is a priority for cities around the globe, and this week’s ‘Greater Paris’ regional planning efforts provided a “learning laboratory” for 100 municipal leaders from 20 countries. The four-day Global Lab on Metropolitan Strategic Planning, or MetroLab, event was co-organized by the World Bank […]

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GE Playing Vital Role in Ensuring Europe’s ‘Future of Electricity’

AMSTERDAM— —With Europe and other key regions of the world undergoing a major shift in how electricity is produced by an increasingly diverse array of sources—from natural gas to renewables—this transformation toward a lower carbon environment is posing significant challenges for countries seeking to balance energy security and competitiveness. However, the shift also is creating […]

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