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.^[2]

GE Renewable Energy

GE Renewable Energy's headquarters in Boulogne-Billancourt pictured in 2016
Company type	Division
Industry	Renewable energy
Founded	2015; 10 years ago (2015)
Defunct	April 2, 2024; 12 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)[1]
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

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).^[3]

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.^[4] 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.^[5]

In 2023, GE announces planned spin-off date for beginning of second quarter of 2024.^[6]

Subdivisions

Wind

Main article: GE Wind

See also: GE Offshore Wind

GE Wind was formed out of the assets of Enron Wind purchased in 2002,^[7] and subsequently expanded with the purchase of ScanWind in 2009.^[8] GE Wind expanded into offshore wind energy with the purchase of Alstom's energy generation assets (GE Offshore Wind, formerly Alstom Wind) in 2015.^[9]

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^[10][11] and pumped-storage power plants,^[12] and as upgrades to existing hydroelectric plants.^[13][14][15]

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.^[16]

GE Renewable Energy Hydro's headquarters are in Grenoble, France.^[17]

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.^[17]

See also

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