Price ultimate driver of greener energy use: GE

According to Reuters, “Pricing systems that encourage households to use energy more efficiently are the best way to help consumers to protect the environment, a senior General Electric Co executive said on Tuesday.
Bob Gilligan, GE’s vice president of transmission and distribution, said the development of appliances that adjust their own energy use in response to [...]

GE, Petrobras Using Sugarcane-Based Ethanol to Produce Electricity

According to Press Release, “As further evidence of their commitment to renewable energies, GE (NYSE: GE) and Brazil’s federal energy company, Petrobras, today celebrated the world’s first use of sugarcane-based ethanol in a gas turbine system to produce electricity on a full commercial scale. The operation, at the Juiz de Fora Power Plant, is a [...]

General Electric joins the $23 million in funding round for Solaredge

According to the Press Release, “SolarEdge, whose technology increases solar power systems’ output by up to 25 percent, announced today that GE, unit GE Energy Financial Services has joined a US$23 million funding round to support growth in residential and large-scale photovoltaic sites. SolarEdge’s other investors are US venture capital leaders Opus Capital and Walden [...]

“Green” economy needs targets, free trade: GE

According to Reuters, “The world needs tougher targets to boost low-carbon energy, both nationally and in global climate change talks, the head of General Electric Co’s energy business John Krenicki said on Wednesday.
‘If you really want it to take off, governments have got to set the framework,’ he told Reuters.
‘What we can’t have is a [...]

Smart Grid System in Wailea (Hawaii)

As power developers are drawing plans for wind farms in unpredictable currents and goals of 70% clean energy must be met state wide by 2030, General Electric (GE) is planning to test its Smart Grid system in Wailea – a resort community on Maui. Currently the state of Hawaii generates 90% of power from fossil [...]