North America
Texas AG investigates ERCOT, utilities over deadly winter storm outages
Texas Attorney General Ken Paxton will investigate the state’s electricity system operator and other utilities in the wake of last week’s deep freeze and resulting power outages.
Renewables
GE announces plan to be carbon-neutral by 2030
General Electric has announced its plan to become carbon-neutral across its facilities and operations by 2030.
Coal Fired
GE commits to exiting the coal-fired new-build business
General Electric, one of coal power’s historic leaders and manufacturers, said it will exit the new-build market as soon as possible.
Energy Storage
Legal & General invests in EV charger Pod Point
The investment arm of insurer Legal & General has taken a 13 per cent stake in UK electric vehicle charge point operator Pod Point.
Decentralized Energy
Prospective buyers line up for GE Distributed Power business
Wartsila and Cummins are among the suitors for the impending sale of General Electric’s distributed power business.
Equipment
Interested parties queue up to buy GE distributed generation business
Wartsila and Cummins are among the suitors for the impending sale of General Electric’s distributed power business.
Coal Fired
GE profits up but power group continues to lag
General Electric posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits.
Latin America
GE to supply wind turbines for Engie Brazilian project
The renewables arm of General Electric Co (NYSE:GE) has announced sighing a deal to supply turbines for a 360-MW portion of Engie SA’s (EPA:ENGI) Umburanas wind project in Brazil.
Equipment
General Electric warns of continued difficulties for power division into 2018
General Electric’s management has warned that its beleaguered GE Power division will continue to encounter difficulties in the coming year, as the impact of the clean energy revolution persists.
Big Data
GE provides total plant solution for key Mexican power station
General Electric (GE) has signed a long-term agreement to provide a total plant solution for the Norte III gas-fired power plant in Mexico, in a deal recognised through winning the “2017 LatAm Power Deal of the Year” prize awarded by Thomson Reuters’ Project Finance International.
