GE lands wind, water, natural gas deals

Summary:GE Energy has landed $3 billion in deals focused on everything from natural gas to wind turbines to water treatment.

GE Energy has landed $3 billion in deals focused on everything from natural gas to wind turbines to water treatment.

Overall, GE is looking to secure energy deals across multiple industries. For instance, GE will partner with Anheuser-Busch (AB) InBev to save water and brew beer in a more energy efficient way. This energy efficiency collaboration will be tested in greenfield facilities in China. AB InBev is looking to cut its water-to-beer ratio as well as decrease CO2 usage.

Among the other key deals for GE Energy:

  • The company landed $800 million in new deals to provide wind and gas turbines in Brazil. The Brazil projects will produce 1.4 gigawatts of electricity. In addition, GE was awarded another $230 million for a subsea and surface contract from OGX Petróleo e Gás Ltda.
  • GE also won a $300 million deal to supply gas turbines and services in Egypt.
  • In Australia, GE was selected as a supplier for a large Floating Liquefied Natural Gas platform (FLNG) project. GE has been increasingly targeting LNG projects.
  • GE won $1.5 billion in new commitments for its new 1.6-100 wind turbine. GE's has inked deals to sell 750 of its new turbines. GE said the turbines are being deployed in North America and South America.
  • GE also won a series of deals in Iraq for everything from oil recovery to gas turbines.
  • Other deals include a waste heat recovery project in Italy, an energy grid overhaul in Ecuador and a waste water effort in the Canada oil sands.

Related:

GE CEO Immelt's tenure so far marked by cleantech bets

This post was originally published on Smartplanet.com

Topics: Innovation

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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