March 13, 2017— GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts LLC (ARC Nuclear) have agreed to collaborate in the development and licensing of an advanced small modular reactor (aSMR) based on mature Generation IV sodium-cooled reactor technology. In a Memorandum of Understanding, the two companies have agreed to enter into a procompetitive collaboration […]
Commenting on today’s announcement, Ian Marchant, the Chairman of Wood Group said: “The Combination represents a transformational transaction for Wood Group, which accelerates our strategy and creates a global leader in project, engineering and technical services delivery across a range of industrial sectors. The Combination extends the scale and scope of our services, deepens our […]
Paris – GE Renewable Energy announced today that it has been selected to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the industry. The 4.6MW community based project in Red Lake Falls, Minnesota, developed by Juhl Energy, will use two 2.3-116 wind turbines from GE Renewable Energy’s Onshore Wind business […]
ISTANBUL- GE (NYSE: GE) and Gama Energy (Gama) signed an agreement to operate the first digital power plant in Turkey. This deal marks the first use of industrial cloud software applications in a power plant in Turkey to improve efficiency and productivity. GE will install GAMA’s 840 megawatt İç Anadolu Natural Gas Combined Cycle Power […]
NISKAYUNA, NY and SUWON, KOREA – GE Ventures and Samsung Electro-Mechanics (SEMCO), a world leader in electronic components, announced today a multi-year, worldwide patent license agreement. With this partnership, SEMCO will license GE microelectronics packaging patent portfolio, covering the fabrication of substrates embedded with electronic circuits. Developed by GE Global Research and Imbera Electronics Oy […]
SCHENECTADY, N.Y.—— GE (NYSE: GE) today announced a collaboration with Power Costs, Inc. (PCI), a privately-owned independent software company, to connect plant asset and operational generation data from GE’s Digital Power Plant solutions with PCI’s energy planning and trading tools for more accurate and profitable energy trading and scheduling. GE will offer PCI’s suite of […]
MINNEAPOLIS, – Honeywell (NYSE: HON) announced a $15 million smart grid project with Connexus Energy, Minnesota’s largest customer-owned electric cooperative, to deploy advanced smart grid technology to improve electricity service and reliability, and help the utility’s 130,000 members better manage their energy consumption. Under the project, Honeywell will install more than 138,000 of its EnergyAxis® […]
Palo Alto, Calif., and Suwon, South Korea, — HP Inc. (NYSE: HPQ), the world leader in printing, today announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s (005930.KS) printer business in a deal valued at $1.05 billion. The acquisition positions HP to disrupt and reinvent the $55 billion copier industry, a segment that hasn’t […]
ATLANTA — The records of this year’s Rio 2016 Olympic Games will be measured by how fast, how high or how long, with the difference between a Gold medal and a Silver medal often marked in fractions of seconds or inches. GE (NYSE: GE) is using its own set of metrics — sometimes measured in […]
SAN MATEO, Calif. – SolarCity (NASDAQ: SCTY), best known as the nation’s number one provider of rooftop solar to consumers and businesses, today announced a collaboration with Pacific Gas and Electric Company (PG&E) to demonstrate how the coordinated use of solar smart inverters and behind the meter energy storage could provide enhanced benefits to the […]
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