Solar Power World

Largest project financing closes on CPV Sentinel plant

Complementing GE Energy Financial Services’ backing of the CPV Sentinel plant, GE Energy signed an agreement to supply eight gas-fired LMS100 turbine-generators capable of reaching full load in 10 minutes.Competitive Power Ventures, Inc. (CPV), GE Energy Financial Services and Diamond Generating Corporation (DGC), co-owners of the planned $900 million CPV Sentinel power plant,  have closed the largest project financing in the U.S. thermal power industry this year,... Read More

A pretty cool power plant from GE

GE has developed what it calls a “first-of-its-kind” power plant. By rapidly ramping up and down in response to fluctuations in wind and solar power, the technology will enable the integration of more renewable resources into the power grid. The FlexEfficiency 50 Combined Cycle Power Plant is rated at 510 MW and offers fuel efficiency greater than 61%. The plant is the result of an investment of more than $500 million in research and development by the company. GE... Read More

General Electirc’s R&D To Focus On Thin-Film PV Technology

With the race on in earnest to have the most efficient, low-cost solar module on the market, GE announced it is focusing its research and development efforts on thin film photovoltaic (PV) technology in conjunction with PrimeStar Solar  Inc., the startup firm in which GE is a majority investor. Working closely with PrimeStar technology experts, the company is bringing to bear the full scale of its four Global Research operations to address each of the challenges required to bring... Read More

GE Opens Its $45M Renewable Energy Headquarters

General Electric recently dedicated its $45 million Renewable Energy Global Headquarters in Schenectady, N.Y. The event also marked the installation of GE’s 13,500th wind turbine globally, demonstrating the growth of GE’s renewable energy business. GE is the largest supplier of wind turbines in North America, and the company’s 1.5-megawatt wind turbine is the most widely used wind turbine in the world. GE’s global installed fleet ... Read More