General Electric introduced a one-megawatt (MW) solar inverter at Solar Power International 2010 on October 18th 2010. The new product, based on the proven power converter technology, is the largest in GE’s portfolio, making it suitable for applications worldwide. Read the full article (in German): http://bit.ly/aUvxCB var addthis_config = {“data_track_clickback”:false,”data_track_addressbar”:false,”data_track_textcopy”:false,”ui_atversion”:”300″}; var addthis_product = ‘wpp-3.0.5′;

GE has furthered the expansion of its $40 billion technology portfolio with the addition of Dresser Inc, the provider of High Technology Compression Gas Engines, Flow Technologies and Measurement and Distribution Solutions. The $3 billion deal was announced last week as GE seeks to continue the growth of its energy business which has delivered record [...]

GE recently announced that it has acquired the assets of Calentix Power Solutions, thus further expanding its waste-to-power generating capabilities. CPS, a Florida based group, is responsible for the development of innovative technology for small-scale, waste heat to power, a technique that is becoming a growing trend in the global power industry as it offers [...]

On October 7, 2010, Jeffrey Bartash, Journalist for MARKETWATCH reported that John Rice, vice chairman of GE (GE, US), said that Western governments were creating too many obstacles that prevent companies from innovating and creating jobs, adding that It was a known fact that barriers that slow down innovation need to disapear.  This is a reality that affect [...]