
GE, Schneider Electric part of group developing smart grid solution
The Electric Power Research Institute (EPRI) plans to develop a distributed energy resource management system (DERMS).
The Electric Power Research Institute (EPRI) plans to develop a distributed energy resource management system (DERMS).
GE Renewable Energy’s Grid Solutions business has been awarded the contract to supply its 110 kV F35 gas insulated switchgear (GIS) for the Arctic LNG 2 project
USA, Boston: On 6 October, GE announced Jennifer VanBelle to become the new Chief Executive Officer of GE Capital.
The switchgear monitoring system market is projected to reach $2 B by 2023 from an estimated $1.4 B in 2018, at a CAGR of 7.83%.
Generator Circuit Breaker market is valued at $270 million in 2018 and is expected to reach $300 million by the end of 2025, growing at a CAGR of 1.4%.
USA, Massachusetts: General Electric announced its headquarters will move to the Seaport District of Boston along Necco Street, reports Electric Light & Power.
UK, London: Over the next two years General Electric plans to cut up to 6,500 jobs in energy units the company bought from Alstom.
USA, New Hampshire: Aclara Technologies LLC, St. Louis-based supplier of smart infrastructure technologies to electric, water and gas utilities, has announced that its affiliate has signed a definitive agreement to acquire the electricity meters business currently operating within GE Energy Management’s Grid Solutions subdivision, along with the General Electric plant in Somersworth, New Hampshire.
France, Paris: With the completed acquisition of Alstom’s power and grid businesses, GE Digital Energy and Alstom Grid have combined to form Grid Solutions, a GE and Alstom joint venture.
Belgium, Brussels: General Electric (GE) has announced the appointment of Mark Hutchinson as President & CEO of GE’s European region.
Belgium, Brussels: General Electric has won EU approval for its €12.4 billion ($13.9 billion) acquisition of Alstom’s power business after agreeing to sell some of the French company’s turbine assets to Italian rival Ansaldo Energia.
General Electric Co (GE.N) Chief Executive Jeff Immelt declined on Friday to consider alternatives to the U.S. conglomerate’s planned purchase of Alstom’s (ALSO.PA) power business despite resistance from European antitrust regulators.
USA, Georgia: General Electric’s Power Generation Services will take over 3,000 square metres of the former GE medium transformer plant on Redmond Circle in Rome, Georgia later this month.
USA, New York: General Electric unit GE Energy Financial Services has announced that it will auction 315 MW of bi-directional electricity transfer capacity across its Linden Variable Frequency Transformer (VFT) smart grid project.
USA, Connecticut: General Electric (GE) announced a deal with Georgia Power, a subsidiary of Southern Company, to deliver more reliable power to the state.
USA, Connecticut: GE’s Digital Energy business has introduced Safe-NET Network Transformers with a patented tank design.
India: General Electric (GE)’s acquisition of Alstom is likely to benefit Indian BHEL and Bharat Forge, according to the analysts.
France, Levallois-Perret: The GE and Alstom CEOs have visited Belfort, a main turbine manufacturing centre of Alstom, to celebrate the $ 16.9 billion deal.
Japan, Tokyo: Toshiba has abandoned the idea of trying to get a piece of Alstom from General Electric (GE), chosen by Alstom as a partner for its energy industry.
France, Levallois-Perret: Alstom has apparently decided to choose General Electric (GE) bid over the others.
France, Levallois-Perret: General Electric (GE) announced a revised $ 13.5 billion bid for the Alstom energy business aimed at the French government.
France, Levallois-Perret: Yesterday Siemens and Mitsubishi Heavy Industries (MHI) presented a joint offer to Alstom which included $ 9.5 billion in cash, challenging a bid by General Electric.
France, Levallois-Perret: Siemens and Mitsubishi Heavy Industries are, according to the reports, preparing to make a joint offer that could pressure General Electric to improve its bid for Alstom power business.
Germany, Munich: Next Sunday, Siemens will decide on the way forward regarding the acquisition of the energy division of Alstom.