Latest news for GE Energy Financial Services GE Energy Financial Services news feed from Wind News Portal

GE to supply wind turbines to the largest wind farm in the world
(11/12/2009)

GE has received a $1.4 billion contract from independent power producer Caithness Energy to supply wind turbines and provide services for an 845-megawatt (MW) wind farm project to be located in Oregon. The wind farm, called Shepherds Flat, has received the majority of the necessary government permits to operate and is ready to be built. When completed it will be larger than any wind farm currently in operation around the globe. Stretching acr... [more]

GE Energy Financial Services invests in SolarEdge
(16/10/2009)

GE Energy Financial Services has joined a US$23 million SolarEdge 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 International, the Israeli funds Genesis Partners and Vertex Venture Capital, and the Singaporean fund JP Capital Asia. The funding, GE Energy Financial Services’ first investment in Israel, was announced at GE Glob... [more]

Southwest Windpower receives $10 million investment
(21/04/2009)

One month after the adoption of federal tax credits to propel small wind energy growth in the United States, GE is joining current investors to provide $10 million to the world’s largest manufacturer of small wind turbines, Southwest Windpower. Southwest Windpower, designer and producer of small wind turbines up to 3 kW, will use this new funding to accelerate its growth in new markets and products. Other current investors that participated a... [more]

Plutonic Power and GE submit bids for $4 billion hydroelectric power projects in Canada
(07/01/2009)

Plutonic Power Corporation has joined with GE Energy Financial Services, in submitting two bids for hydroelectric power projects costing more than $4 billion, which would be Canada’s largest single private sector hydroelectric generation investment. The submissions into BC Hydro’s 2008 Clean Power Call outline the development of approximately 1,200 megawatts of clean, run-of-river hydroelectric capacity (enough to power 330,000 homes) in the ... [more]

GE Energy Financial Services invests in Soliant Energy to generate electricity from the sunlight that shines on commercial rooftops
(27/10/2008)

GE Energy Financial Services has announced that it is investing $2.5 million and providing the power of GE’s ecomagination program to Soliant Energy. The Monrovia, CA-based company is developing what it intends to be the most efficient and lowest cost technology to generate electricity from the sunlight that shines on commercial rooftops, a market it estimates will reach $13.2 billion by 2010. GE estimates that commercial and industrial buildings... [more]

GE and Grupo Corporativo Landon invest in Spanish solar power project developer
(29/08/2008)

GE Energy Financial Services and Grupo Corporativo Landon have announced they will invest about US $350 million (€225 million) in Fotowatio, one of Spain’s largest solar power project developers. Fotowatio owns, operates and is developing almost 960 megawatts of solar projects in the fast-growing solar power markets of Spain, Italy and the United States. Existing investors in Fotowatio comprise investment fund Qualitas Venture Capital and Fotowat... [more]

GE Energy invests in Illinois and Texas wind farms
(09/04/2008)

GE Energy Financial Services is partnering for the third time with wind power developer Invenergy Wind LLC, by investing in Illinois and Texas wind farms that will produce emissions-free electricity equivalent to taking 96,000 average US cars off the road. Together, the two projects will produce nearly 250 megawatts of power. These investments build on GE’s and Invenergy’s growing collaboration on wind energy. Earlier this year, GE Energy Fina... [more]

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