Developer

General Electric Co

www.ge.com

Total capacity of implemented projects

1 - 5 GW

Countries of projects presence

8

General Electric Co, commonly known as GE, is a multinational conglomerate that operates in various sectors, including aviation, healthcare, power, renewable energy, and finance. The company was founded in 1892 and is headquartered in Boston, Massachusetts, United States. Over the years, GE has established itself as a global leader in innovation, technology, and engineering excellence.

GE's operations are divided into four main segments: Power, Renewable Energy, Aviation, and Healthcare. The Power segment provides products and services related to power generation, transmission, and distribution. The Renewable Energy segment focuses on developing and deploying renewable energy projects, including wind, solar, and hydroelectric power. The Aviation segment designs and manufactures aircraft engines, systems, and services. The Healthcare segment provides medical technologies and services to hospitals and clinics worldwide.

GE's commitment to renewable energy is evident in its investment in the Renewable Energy segment. The company is a leading developer of wind energy projects, with a portfolio of over 40 gigawatts of wind power installed worldwide. GE's wind turbines are among the most efficient and reliable in the industry, with a capacity factor of up to 60%. In addition to wind, GE is also involved in solar and hydroelectric power projects. The company's solar business designs and manufactures solar panels and inverters, while its hydroelectric business provides turbines and generators for hydroelectric power plants.

One of GE's most significant renewable energy projects is the Haliade-X offshore wind turbine. The Haliade-X is the world's most powerful offshore wind turbine, with a capacity of 12 megawatts. The turbine is designed to generate more energy and reduce the cost of electricity for offshore wind farms. GE has already installed the Haliade-X in several offshore wind farms worldwide, including the United States, the United Kingdom, and France.

Apart from renewable energy, GE is also involved in other sustainability initiatives. The company has set a goal to reduce its greenhouse gas emissions by 50% by 2030 and achieve carbon neutrality by 2050. GE is also committed to reducing its water consumption and waste generation. The company has implemented various initiatives to improve its energy efficiency, including the use of renewable energy sources and the adoption of energy-efficient technologies.

In addition to its sustainability initiatives, GE is also committed to innovation and technology. The company invests heavily in research and development to develop new products and services that can improve people's lives. GE's innovation efforts are focused on developing solutions for some of the world's most pressing challenges, such as healthcare, energy, and transportation.

GE's healthcare business is a prime example of the company's commitment to innovation. The Healthcare segment provides medical technologies and services that help improve patient outcomes and reduce healthcare costs. GE's healthcare products include medical imaging systems, patient monitoring systems, and healthcare IT solutions. The company's healthcare IT solutions help healthcare providers manage patient data and improve clinical decision-making.

GE's aviation business is also a leader in innovation. The Aviation segment designs and manufactures aircraft engines, systems, and services. GE's aircraft engines are among the most advanced and efficient in the industry, with a focus on reducing fuel consumption and emissions. The company's aviation services help airlines improve their operational efficiency and reduce maintenance costs.

GE's commitment to innovation and technology has earned the company numerous awards and recognition. In 2020, GE was named one of the world's most innovative companies by Forbes magazine. The company was also recognized for its leadership in sustainability by the Dow Jones Sustainability Index and the CDP Climate Change A List.

Overall, GE is a global leader in innovation, technology, and engineering excellence. The company's commitment to renewable energy, sustainability, and innovation has helped it stay ahead of the competition and remain relevant in a rapidly changing world. With its focus on developing solutions for some of the world's most pressing challenges, GE is well-positioned to continue driving innovation and progress in the years to come.