GE, Dept. of Energy Enter Partnership

Friday, March 10, 2006
GE Global Research in Niskayuna announced it has entered into a $27 million partnership with the U.S. Department of Energy to design a next-generation offshore wind turbine. As part of this new project, GE and the Department of Energy will collaborate on research to develop a prototype of a 5-7 megawatt offshore wind turbine that would be nearly twice today's industry standard, GE said. The research for the new project will be conducted at GE's Global Research Center in Niskayuna during the next three or four years. Wind energy is a key component of GE's ecomagination initiative. GE announced ecomagination in May. The company spends $750 million a year now on what it calls "ecotechnology," an amount that is expected to double by 2010. Part of the plan includes introducing more ecologically friendly products each year, including some related to renewable sources such as wind and solar. Wind energy is the fastest growing sector in the energy market and could grow to as much as 15 percent of the overall global energy supply in the coming decades. (Source: Albany Business Review)
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

FMT Options for another Towboat from Eastern

Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland

Caterpillar: Q3 Results Show Improvement

Caterpillar Inc. today announced its third-quarter results, in which it reported profit per share of $1.63 for the third quarter of 2014, an increase from third-quarter 2013 profit per share of $1.

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

LNG

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

Russian Minister to Intervene with Gazprom on Slovakia Gas Flow

Russia's Energy Minister Alexander Novak will intervene with Gazprom to raise reduced gas shipments to Slovakia to contracted levels, Slovakia's economy ministry

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1442 sec (7 req/sec)