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GE Renewable Energy

GE Renewable Energy's headquarters in Boulogne-Billancourt pictured in 2016
Company type	Division
Industry	Renewable energy
Founded	2015; 9 years ago (2015)
Defunct	April 2, 2024; 8 months ago (2024-04-02)
Fate	Spun off from General Electric to form GE Vernova
Successor	GE Vernova
Headquarters	Boulogne-Billancourt, France
Key people	Jérôme Pécresse (CEO)
Products	Wind turbines
Revenue	$15.7 billion (2021)
Number of employees	38,000 (2021)
Parent	General Electric
Divisions	GE Wind Energy (GE Onshore Wind and GE Offshore Wind) GM Grid Solutions Equipment and Services GM Hydro Solutions GM Hybrids Solutions GM Steam Power
Website	GE Renewable Energy

GE Renewable Energy was a manufacturing and services division of the American company General Electric. It is headquartered in Boulogne-Billancourt, near Paris, France and focuses on the production of energy systems that use renewable sources. Its products include wind (onshore and offshore), hydroelectric and solar (concentrated and photovoltaic) power generating facilities.

In 2024, GE Renewable Energy and GE Power merged to create GE Vernova, a company completely independent of General Electric, which ceases to exist as a conglomerate (refocusing on aerospace as GE Aerospace).

History

GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris, France, part of conditions for the Alstom purchase.

In 2021 plan to splitting GE into three new public companies: GE Vernova, GE HealthCare and GE Aerospace was announced. GE Renewable Energy, along with GE Digital, GE Power, and GE Energy Financial Services will come together as GE Vernova.

In 2023, GE announces planned spin-off date for beginning of second quarter of 2024.

Subdivisions

Wind

GE Wind was formed out of the assets of Enron Wind purchased in 2002, and subsequently expanded with the purchase of ScanWind in 2009. GE Wind expanded into offshore wind energy with the purchase of Alstom's energy generation assets (GE Offshore Wind, formerly Alstom Wind) in 2015.

GE Wind subsidiaries :

• GE Vernova's Onshore Wind Business, headquartered in Schenectady, New York
• GE Offshore Wind, headquartered in Nantes, France
• LM Wind Power, headquartered in Kolding, Denmark

Hydro

The GE Renewable Energy Hydro, a sub-division of GE Renewable Energy, is involved in hydroelectricity generation. This includes the design, manufacture, and installation of equipment for both gravity fed and pumped-storage power plants, and as upgrades to existing hydroelectric plants.

GE Renewable Energy Hydro has developed aerating turbines designed to increase the amount of oxygen in water passing through the turbines, to benefit the aquatic life downstream.

GE Renewable Energy Hydro's headquarters are in Grenoble, France.

Grid Solutions

GE Grid Solutions business encompasses the high-voltage power grid equipment and engineering activities of Alstom's former subsidiary, Alstom Grid, which itself was spun off from the transmission business of Areva T&D, a former subsidiary of the French multinational Areva.

GE Grid Solutions's headquarters are in Boulogne-Billancourt, France.

See also

• General Electric
• GE Offshore Wind (former Alstom Wind)
• GE Wind Energy
• LM Wind Power
• Alstom

References

1. "GE 2021 Annual Report" (PDF). GE. Retrieved 27 April 2022.
2. "GE Renewable Energy About Us". GE Renewable Energy. GE. Retrieved 29 January 2019.
3. Cornell, Joe. "General Electric To Split Into Two On April 2". Forbes. Retrieved March 28, 2024.
4. Rulison, Larry (18 November 2015). "GE moves renewable energy headquarters from Schenectady to Paris". Times Union. Retrieved 24 May 2018.
5. "GE Digital becomes part of GE Vernova". 14 December 2023. Retrieved 2024-01-23.
6. "GE Announces Planned Spin-Off Timing Beginning of Second Quarter of 2024; Selects Listing Exchanges and Ticker Symbols for Future Independent GE Vernova and GE Aerospace | GE News". www.ge.com. Retrieved 2024-01-23.
7. "G.E. to Buy Enron Wind-Turbine Assets". New York Times. 12 April 2002. Retrieved 25 May 2018.
8. "GE boosts offshore wind with acquisition". CNET. 2009-09-14. Retrieved 2018-03-14.
9. De Clercq, Geert (1 March 2018). "GE to develop world's largest wind turbine in France". Reuters. Retrieved 25 May 2018.
10. Harris, Michael (20 November 2015). "GE to manufacture turbine-generators for Mexico's 240-MW Chicoasen 2 hydropower plant". Hydro World.
11. Harris, Michael (30 March 2017). "GE to equip China's 3,000-MW Liang He Kou hydroelectric project". Hydro World. Archived from the original on 16 June 2018. Retrieved 24 May 2018.
12. Hill, Joshua S (10 August 2017). "GE To Build 344 Megawatt Kokhav Hayarden Hydro Pumped Storage Station In Israel". cleantechnica.com. Clean Technica. Retrieved 24 May 2018.
13. Harris, Michael (30 June 2017). "GE Renewable Energy to upgrade pair of units at OPG's 205-MW Little Long hydroelectric plant". Hydro World. Archived from the original on 28 April 2019. Retrieved 24 May 2018.
14. Harris, Michael (12 February 2018). "GE awarded contract for Kyrgyzstan's Toktogul rehab". Hydro World. Archived from the original on 2 June 2019. Retrieved 24 May 2018.
15. Harris, Michael (14 October 2016). "GE awarded contract to upgrade generators at Switzerland's 69-MW Mottec hydroelectric plant". Hydro World. Archived from the original on 16 June 2018. Retrieved 24 May 2018.
16. Harris, Michael (30 June 2017). "Cube Hydro to upgrade High Rock project with GE aerating turbines". Hydro World. Archived from the original on 16 June 2018. Retrieved 24 May 2018.
17. ^ "GE en France". www.ge.com. 2021-04-13. Retrieved 2022-08-21.

External links

• Official website

v t e General Electric
Successor companies*	GE Aerospace (legal successor of GE) GE HealthCare GE Vernova
Former subsidiaries and divisions	Australian Guarantee Corporation Canadian General Electric Compagnia Generale di Elettricità Current, powered by GE Electric Bond and Share Company GE Additive GE Aerospace (1960s) GE Americom GE Appliances GE Automation & Controls GE Aviation GE Aviation Systems GE Betz GE Capital GE Capital Aviation Services GE Capital IT Solutions GE Capital Rail Services GE Commercial Finance GE Digital GE Energy GE Equipment Services GE HealthCare GE Home & Business Solutions GE Industrial GE Infrastructure GE Jenbacher GE Lighting GE Measurement & Control GE Oil & Gas GE Power GE Renewable Energy GE Research LM Wind Power GE Security GE Transportation GE Waukesha GE Wind GE Venture Capital GE Ventures GECIS GEIS Genesis Lease Genpact Genworth Financial Montgomery Ward Synchrony Financial Tungsram United Nuclear Corporation Utah Construction Company Whatman
Joint ventures/ shareholdings	Current** Baker Hughes (30%) CFM International (50%) Engine Alliance (50%) GE Hitachi Nuclear Energy (60%) GE Honda Aero Engines (50%) ProlecGE (49.99%) TBS GB Former Alco-GE (1940–53) NBC (1926–30, 1986–2004) NBCUniversal (2004–13) Penske Truck Leasing (15.5%) Wabtec
Products and brands	Aircraft engines General Comprehensive Operating System GEnie Locomotives Mazda Reciprocating engines Trivection oven Tungsram
People	Founders Charles A. Coffin Thomas Edison Edwin J. Houston J. P. Morgan Elihu Thomson Executives Jeff Immelt Jack Welch Bob Wright Outside directors James Cash Jr. John L. Flannery Ann M. Fudge Susan Hockfield Andrea Jung Rochelle Lazarus Sam Nunn Roger Penske Vera Silva Douglas A. Warner III
Places and facilities	GE Building (30 Rockefeller Plaza) GE Building (570 Lexington Avenue) Nela Park Realty Plot Research Laboratory River Works Specialty Control Plant Switchgear Plant Welch Technology Centre
Sponsorship	Carousel of Progress (1964–65, 1967–73, 1975–85) Horizons at Epcot (1983–93)
Other	GE True The General Electric Concert General Electric EdgeLab General Electric Theater General Imaging KGEI Litigation Diamond v. Chakrabarty United States v. General Electric Co. Phoebus cartel Thomson-Houston Electric Company Timeline "We Bring Good Things to Life"
* Following corporate split-up from 2023 to 2024 ** Joint ventures before corporate split-up from 2023 to 2024 GE Aerospace template Category Commons

• General Electric subsidiaries