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GE Renewable Energy

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Article Genealogy
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GE Renewable Energy
NameGE Renewable Energy
TypeSubsidiary
IndustryRenewable energy
Founded2015
FounderGeneral Electric
HeadquartersParis, France
Key peopleJérôme Pécresse, Pierre Dupuy

GE Renewable Energy is a subsidiary of General Electric that operates in the renewable energy sector, providing a range of solar energy, wind energy, and hydro energy solutions. The company was formed in 2015, as part of General Electric's efforts to expand its presence in the renewable energy market, and is headquartered in Paris, France, with operations in Europe, North America, South America, Asia, and Australia. Jérôme Pécresse, the CEO of GE Renewable Energy, has played a key role in shaping the company's strategy, which includes partnerships with Vestas, Siemens Gamesa, and Orsted. The company's products and services are used by a range of customers, including Enel Green Power, Iberdrola, and EDF Renewables.

Overview

GE Renewable Energy is a leading provider of renewable energy solutions, with a portfolio that includes onshore wind turbines, offshore wind turbines, hydroelectric power, and solar energy systems. The company's products and services are designed to help customers reduce their carbon footprint and meet their renewable energy targets, in line with the goals of the Paris Agreement and the United Nations' Sustainable Development Goals. GE Renewable Energy has partnered with a range of companies, including Microsoft, Amazon, and Google, to provide renewable energy solutions for their operations. The company's technology is also used by utilities such as Exelon, Duke Energy, and Southern Company.

History

The history of GE Renewable Energy dates back to 2015, when General Electric announced plans to create a new subsidiary focused on renewable energy. The company was formed through the combination of General Electric's renewable energy businesses, including its wind energy and hydro energy divisions. Since its formation, GE Renewable Energy has made a number of significant acquisitions, including the purchase of Alstom's renewable energy business and the acquisition of LM Wind Power. The company has also partnered with a range of other companies, including Vestas, Siemens Gamesa, and Orsted, to expand its presence in the renewable energy market. GE Renewable Energy has also worked with governments and institutions such as the European Union, International Renewable Energy Agency, and the World Bank to promote the development of renewable energy.

Products_and_Services

GE Renewable Energy offers a range of products and services, including onshore wind turbines, offshore wind turbines, hydroelectric power systems, and solar energy systems. The company's onshore wind turbines are designed to provide high efficiency and reliability, and are used by customers such as NextEra Energy, Enel Green Power, and Iberdrola. The company's offshore wind turbines are designed to provide high energy output and low maintenance costs, and are used by customers such as Orsted, Vattenfall, and Equinor. GE Renewable Energy also provides a range of services, including maintenance and repair, operations and maintenance, and energy storage solutions, which are used by companies such as Tesla, Sonnen, and LG Chem. The company's products and services are also used by research institutions such as the National Renewable Energy Laboratory, University of California, Berkeley, and Massachusetts Institute of Technology.

Operations

GE Renewable Energy operates in a range of countries around the world, including United States, China, India, Brazil, and South Africa. The company has a significant presence in Europe, where it operates in countries such as Germany, France, and United Kingdom. GE Renewable Energy also has a significant presence in North America, where it operates in countries such as United States and Canada. The company's operations are supported by a range of partnerships and collaborations with other companies, including Vestas, Siemens Gamesa, and Orsted. The company has also worked with organizations such as the International Energy Agency, World Wildlife Fund, and the Nature Conservancy to promote the development of renewable energy.

Sustainability_Efforts

GE Renewable Energy is committed to reducing its carbon footprint and promoting sustainability in its operations. The company has set a range of sustainability targets, including a goal to reduce its greenhouse gas emissions by 50% by 2025. GE Renewable Energy has also launched a range of initiatives to promote sustainability in its supply chain, including a program to source 100% of its renewable energy from renewable sources. The company has partnered with a range of organizations to promote sustainability, including the World Wildlife Fund, The Nature Conservancy, and the United Nations Environment Programme. The company has also worked with governments and institutions such as the European Commission, United States Department of Energy, and the International Renewable Energy Agency to promote the development of renewable energy and reduce greenhouse gas emissions. Category:Renewable energy companies