GE-Prolec Transformers, Inc., (together with its affiliates, “Prolec GE”), a subsidiary of a 50/50 joint venture between GE (NYSE:GE) and Xignux, a Mexico-based private company, today announced it has signed a definitive agreement with SPX Corporation (NYSE: SPXC) to acquire its SPX Transformer Solutions business (SPXT) for a cash purchase price of $645 million subject to customary net working capital and similar adjustments at closing.

Contract signed with BIM Wind JSC, a joint venture company between Philippines AC Energy and Vietnam BIM Energy Holding for an 88 MW wind farm.

GE Renewable Energy today unveiled its new solution to perform underwater hydropower turbine inspection.

GE Renewable Energy announced today that it has been selected by VERBUND – Austria’s largest electricity producer - to supply and commission one 45 MW generator for the extension of the Reisseck II Pumped Hydro Storage Power Plant in Carinthia/Austria, located 2300 meters above sea level.

GE researchers unveiled details of an ongoing two-year, $4 MM project through the ARPA-E’s ATLANTIS (Aerodynamic Turbines Lighter and Afloat with Nautical Technologies and Integrated Servo-control) program to design and develop advanced controls to support a 12 MW Floating Offshore Wind Turbine.

GE has completed testing of its first XA100 adaptive cycle engine, ushering in a new era of combat propulsion.

Home to one of the nation’s first cross-industry 5G testbeds on it research campus in Upstate New York, GE Research, the technology development arm of the General Electric Company (GE), officially launched two projects as part of the U.S. Department of Defense’s (DOD) recently announced $600 million 5G initiative.

GE Renewable Energy’s Grid Solutions business (NYSE: GE) and Hitachi ABB Power Grids Ltd. announced today a non-exclusive, cross-licensing agreement related to the use of an alternative gas to sulfur hexafluoride (SF₆) used in high voltage equipment. This fluoronitrile-based gas mixture has a significantly reduced impact on the environment compared to SF₆.

GE Renewable Energy announced today that it has been selected by Convergent Energy + Power (Convergent) to provide an integrated solar inverter and energy storage package that will use a DC-Coupled system, for a 123 MWh hybrid solar plus storage project across three sites in Upstate New York.

A team of engineers in the Electrical Systems group at GE Research have achieved one of the world’s firsts in the power conversion sector, demonstrating a MW-scale modular, multi-level wind power converter in its lab in Upstate New York.