GE


Hundreds of millions of federal dollars from a flagship clean energy grant program were awarded to projects that were well under way before Barack Obama was inaugurated, despite the aim of the 1603 grant program to “primarily” stimulate new projects.

“When the financial crisis hit many developers found that they didn’t have the tax liability that would allow them to claim the credits, so the program was developed to offer an alternative way to continue to incentivize renewable energy development,” a Treasury spokeswoman said. “So, the 1603 program was primarily meant to incentivize new renewable energy projects, but it also supported some existing investments.” Keep reading →


China’s success in building a domestic wind industry has turned it into a victim of its own success. Domestic and global oversupply has pushed Chinese companies into an aggressive price war that extends the shadow of Solyndra to the wind sector.

Companies from China and other Asian countries such as Japan’s Mitsubishi and South Korea’s Samsung are now reaching previously untapped markets such as Bulgaria, Belarus and Macedonia as well as debt-laden European countries such as Ireland and Greece. Keep reading →


A wind rush is sweeping the world, with record installations planned for this year and next. This June, worldwide wind capacity reached 215 GW, a rise from 17.4 GW in just a decade.

“It’s come a long way in terms of installed capacity, geographic diversity, the maturity of the technology, and the size of the turbines. Growth has been dramatic, with scope for further growth on- and offshore,” says Brian Smith of the National Wind Technology Center at the National Renewable Energy Laboratory, and former chair of the International Energy Agency executive agency on wind. Keep reading →


The GEnx is GE’s latest addition to its growing selection of energy efficient motors, engines and gas turbines.

Made specifically for commercial jets such as the Boeing 747-8 and Boeing 787, the engine promises 15% higher fuel efficiency than previous GE engine models, such as the GE90 and CF6. It will be used first by a Japan Airlines 787 later this year. Watch it in action in this video. Keep reading →


Energy nerds may be calculating emissions every time they turn on their cars, but they may not realize that some motors are burning far more energy, 24 hours a day, seven days a week.

Industrial motor systems burn far more energy and emit much more CO2 than the average person realizes, several GE executives told Breaking Energy in a recent phone conversation (in total these systems account for roughly 25-30% of the United States’ total energy consumption.) They said that if industrial facility operators in the US adopted high-efficiency motors like the ones GE sells, those industries could save $3-5 billion annually in electric bills and could reduce CO2 emissions by 15-26 million metric tons per year, about the same as taking 3-5 million passenger vehicles off the road. Keep reading →


What is the single dumbest electrical component? It’s the load panel (the circuit breakers) in your home or office, which typically has a digital quotient of exactly zero. Even door locks are going digital more quickly.

An Israeli company wants to change that, and they’ve come a long way already. Computerized Electricity Systems (CES) stuffs the following functionality into its CES Smart Distribution Panel: Keep reading →


Although manufacturers might be slashing costs left and right amidst a weak recovery, they readily acknowledge that’s not much of a long-term solution. Ninety percent of manufacturing executives say that innovation, not cost-cutting, is the key to long-term growth in the manufacturing industry, according to a new report. The report, which surveyed 360 manufacturing executives and was released on Tuesday by its sponsor General Electric, found that although 62 percent of manufacturing executives say that cost-cutting would help in the near term, nearly all of them say innovation is crucial to long-term success. Overall, 61 percent of manufacturing executives said that ensuring a higher quality of production was the strongest safeguard against competition from emerging markets such as China. This article is a linkout, to see the original go to: http://www.huffingtonpost.com/2011/10/18/manufacturing-innovation_n_1018086.html


The sagging US economy and its energy sector will soon be getting a boost, as well as some help in competing with China.

On September 30, the board of directors of the US Export-Import Bank approved $3.4 billion in financing to support US exports in a wide range of industries, including aerospace, oil and gas, locomotives and solar. The hope is that the financing will create over 20,000 news American jobs and help in efforts put the country’s economy back on its feet. For energy companies struggling to compete with a heavily subsidized Chinese energy market, the financing could be a major game changer. Keep reading →


GE and Shell have been close partners in overseas development, particularly in gas and oil drilling.

In this video, Shell Nigeria Exploration and Production Company’s Donald Sabatini talks about how Shell is using GE equipment to move from shallow to deeper oil and gas reserves in Nigeria and how important that relationship has been for development. Keep reading →


Volatility in the overall financial markets have taken a heavy toll on clean tech companies with IPO ambitions, while valuations of publicly traded stocks had dropped dramatically by two thirds, investment bankers in the sector conceded this week.

Clean tech market sector capitalization was valued at $475 billion at the high point in 2007, said David Dolezal, head of the Americas Renewable Energy and Cleantech division at UBS, the largest trader of clean tech stocks. But that figure has now been slashed to $142 billion, the equivalent market capitalization of pharmaceutical giant Pfizer. Keep reading →

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