GE Renewable Energy

Nozomi Networks Secures $100 Million Investment to Accelerate Mission to Defend the World's Critical Infrastructure from Cyber Threats

Retrieved on: 
Mittwoch, März 13, 2024
Organization, Schneider Electric, Original equipment manufacturer, Mitsubishi Heavy Industries, Internet of things, Risk, SAN, Electronics, Honeywell, Mitsubishi Electric, OEM, Samsung, Investment, ABB, OT, GE Renewable Energy, Lux Capital, Automation, General Electric, GE Power, Keysight, GGV Capital, Renewable energy

SAN FRANCISCO, March 13, 2024 /PRNewswire/ -- Nozomi Networks Inc., the worldwide leader in OT and IoT security, today announced a $100 million Series E funding round to help accelerate innovative cyber defenses and expand cost-efficient go-to-market expansion globally. This latest round includes investments from Mitsubishi Electric, a global leader in digital manufacturing, electronics and electrical equipment and Schneider Electric, a global leader in digital automation and energy management. They join a growing list of OT original equipment manufacturers (OEMs) who have invested in Nozomi Networks, including previous investors Honeywell and Johnson Controls.

Key Points: 
  • They join a growing list of OT original equipment manufacturers (OEMs) who have invested in Nozomi Networks, including previous investors Honeywell and Johnson Controls.
  • "This investment clearly underscores the need and support for OEM-agnostic security solutions in light of today's escalating attacks against critical infrastructure around the world."
  • The company will use this latest investment to help scale product development efforts as well as its go-to-market approach globally.
  • With criminal and nation-state cyber threats to industrial and critical infrastructure on the rise, the need for Nozomi Networks solutions has never been greater.

Nova Clean Energy Appoints Dylan Reeves as SVP of Commercial Operations

Retrieved on: 
Mittwoch, Februar 21, 2024
Alternative Energy, Energy, Utilities, Senior, GE Renewable Energy, Growth, Primary energy, United States Army, Acceleration, FID, United States service academies, Wind

Nova Clean Energy (‘Nova’ or ‘the Company’), today announced the appointment of Dylan Reeves as Senior Vice President of Commercial Operations.

Key Points: 
  • Nova Clean Energy (‘Nova’ or ‘the Company’), today announced the appointment of Dylan Reeves as Senior Vice President of Commercial Operations.
  • Dylan joins Nova from its controlling shareholder Bluestar Energy Capital where he has played a central role in BEC’s rapid growth as a member of the founding team, including its entry into the Australian market as well as the formation and growth of Nova Clean Energy.
  • Dylan Reeves joined BEC from its inception in March 2022 from GE Renewable Energy.
  • At GE Dylan was responsible for global sales, commercial operations along with product development for the renewables aftermarket business.

Middle East and Africa Onshore Wind Power Market - Regional and Country Level Analysis, 2023-2033

Retrieved on: 
Mittwoch, Januar 31, 2024
Collaboration, Research, Wind, Siemens Gamesa, Benchmarking, Country, Investment, Analysis, Commercial, MEA, GE Renewable Energy, End user, Renewable energy

DUBLIN, Jan. 31, 2024 /PRNewswire/ -- The "Middle East and Africa Onshore Wind Power Market - A Regional and Country Level Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 31, 2024 /PRNewswire/ -- The "Middle East and Africa Onshore Wind Power Market - A Regional and Country Level Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
  • The report segments the MEA onshore wind power market into End User, Grid Connectivity, Wind Capacity, Power Output, and Country.
  • The onshore wind power market in the Middle East and Africa draws attention for its investment opportunities, underscored by a range of strategic partnerships and technological innovations.
  • Collaboration and joint ventures stand as pivotal strategies for harnessing growth in the MEA onshore wind power market.

Bahri Line Recognized with 'Supplier Spirit of Alliance Award' at General Electric Onshore Wind Supplier Conference in Florida

Retrieved on: 
Dienstag, November 21, 2023
Safety, General Electric, Senior, GE Renewable Energy, Conference, Global sourcing, Transport, Renewable energy, Kingdom, Bahri

PENSACOLA, Fla., Nov. 21, 2023 /PRNewswire/ -- Bahri Line, a subsidiary of Bahri, the national shipping company of Saudi Arabia and a global leader in logistics and transportation, has bagged the prestigious 'Supplier Spirit of Alliance Award' at the 2023 General Electric Onshore Wind Supplier Conference and Awards. Held at the Hilton Pensacola Beach Hotel, Florida, USA, on the 14th and 15th of November, Bahri Line became the only shipping line to be awarded at the esteemed event.

Key Points: 
  • The Bahri subsidiary stands as the only shipping line to be awarded at the leading industry conference.
  • PENSACOLA, Fla., Nov. 21, 2023 /PRNewswire/ -- Bahri Line, a subsidiary of Bahri, the national shipping company of Saudi Arabia and a global leader in logistics and transportation, has bagged the prestigious 'Supplier Spirit of Alliance Award' at the 2023 General Electric Onshore Wind Supplier Conference and Awards.
  • Held at the Hilton Pensacola Beach Hotel, Florida, USA, on the 14th and 15th of November, Bahri Line became the only shipping line to be awarded at the esteemed event.
  • Rajith Aykkara, Vice President of Bahri Line, accepted the award in recognition of the company's operational excellence, efficiency, and reliability as General Electric's (GE) shipping partner.

Bahri Line Recognized with 'Supplier Spirit of Alliance Award' at General Electric Onshore Wind Supplier Conference in Florida

Retrieved on: 
Dienstag, November 21, 2023
Safety, General Electric, Senior, GE Renewable Energy, Multimedia, Conference, Global sourcing, Transport, Renewable energy, Kingdom, Bahri

PENSACOLA, Fla., Nov. 21, 2023 /PRNewswire/ -- Bahri Line, a subsidiary of Bahri, the national shipping company of Saudi Arabia and a global leader in logistics and transportation, has bagged the prestigious 'Supplier Spirit of Alliance Award' at the 2023 General Electric Onshore Wind Supplier Conference and Awards. Held at the Hilton Pensacola Beach Hotel, Florida, USA, on the 14th and 15th of November, Bahri Line became the only shipping line to be awarded at the esteemed event.

Key Points: 
  • The Bahri subsidiary stands as the only shipping line to be awarded at the leading industry conference.
  • PENSACOLA, Fla., Nov. 21, 2023 /PRNewswire/ -- Bahri Line, a subsidiary of Bahri, the national shipping company of Saudi Arabia and a global leader in logistics and transportation, has bagged the prestigious 'Supplier Spirit of Alliance Award' at the 2023 General Electric Onshore Wind Supplier Conference and Awards.
  • Held at the Hilton Pensacola Beach Hotel, Florida, USA, on the 14th and 15th of November, Bahri Line became the only shipping line to be awarded at the esteemed event.
  • Rajith Aykkara, Vice President of Bahri Line, accepted the award in recognition of the company's operational excellence, efficiency, and reliability as General Electric's (GE) shipping partner.

Global Wind Turbine Market to Reach $79.21 Billion by 2023: Offshore Segment Surges with Higher Power Output - ResearchAndMarkets.com

Retrieved on: 
Dienstag, Oktober 24, 2023
Alternative Energy, Energy, Natural Resources, Other Natural Resources, Hydrogen, Erosion, Shenzhen Kaifa Technology Co., Ltd., Farm, Siemens Gamesa, Wind, LCOE, Maintenance, Investment, Enercon, Vels Institute of Science, Technology & Advanced Studies, General Electric Company, Nordex, Envision Energy, Power, GE, COVID-19, GE Renewable Energy, Mingyang Wind Power, Vestas, Public, Corrosion, Pacific Ocean, Renewable energy

Increasing Investments: Growing investments in the wind energy sector, driven by environmental concerns and government support, are bolstering market growth.

Key Points: 
  • Increasing Investments: Growing investments in the wind energy sector, driven by environmental concerns and government support, are bolstering market growth.
  • Wind Turbine Financing: Availability of financing options and investments in wind energy projects are contributing to the market's expansion.
  • High Entry Barriers: The wind turbine market presents high entry barriers, including the need for substantial capital, regulatory compliance, and technical expertise.
  • The global wind turbine market features moderate concentration, with leading players implementing growth strategies such as mergers, acquisitions, collaborations, and agreements.

Technological Advancements and Larger Turbines Transform the Wind Turbine Market: Green Hydrogen Production on the Rise

Retrieved on: 
Donnerstag, Oktober 19, 2023
Hydrogen, Erosion, Shenzhen Kaifa Technology Co., Ltd., Farm, Siemens Gamesa, Wind, LCOE, Maintenance, Investment, Enercon, Vels Institute of Science, Technology & Advanced Studies, General Electric Company, Nordex, Envision Energy, Power, GE, COVID-19, Energy, GE Renewable Energy, Mingyang Wind Power, Vestas, Public, Corrosion, Pacific Ocean, Renewable energy

Wind Turbine Financing: Availability of financing options and investments in wind energy projects are contributing to the market's expansion.

Key Points: 
  • Wind Turbine Financing: Availability of financing options and investments in wind energy projects are contributing to the market's expansion.
  • Increasing Average Turbine Size: Larger offshore wind turbines are becoming more prevalent, offering higher energy production and efficiency.
  • Power To X and Green Hydrogen: Integration of wind energy into Power-to-X technologies and green hydrogen production is a growing trend, expanding the application of wind power.
  • Technological Advancements: Ongoing technological advancements are driving the efficiency and reliability of wind turbines.

voxeljet Selected for $14.9M Contract Alongside GE Research to Develop Advanced Manufacturing Technologies to Enable the U.S. Energy Transition

Retrieved on: 
Mittwoch, Oktober 11, 2023
Technology, Engineering, Chemicals, Plastics, Automotive Manufacturing, Other Energy, Aerospace, Manufacturing, Alternative Energy, Energy, Environment, Other Technology, Sustainability, Hardware, Climate Change, ORNL, Multimedia, United, Joe Biden, 3D, Education minister, ACC, Oak Ridge National Laboratory, Workforce, Doe, U.S. Department of Defense Strategy for Operating in Cyberspace, Research, GE Renewable Energy, General Electric, Voxeljet, GE, NNS, Curriculum, Clemson University, GE Offshore Wind, GE Research, 3D printing, Renewable energy

In addition to voxeljet, GE Research has also selected GE Hydro, GE Onshore Wind, GE Offshore Wind, Clemson University, Oak Ridge National Laboratory (ORNL), and Hodge Foundry as partners on the ACC project.

Key Points: 
  • In addition to voxeljet, GE Research has also selected GE Hydro, GE Onshore Wind, GE Offshore Wind, Clemson University, Oak Ridge National Laboratory (ORNL), and Hodge Foundry as partners on the ACC project.
  • The project aims to produce 3D-printed large scale sand molds to cast components for the nacelle of the GE Haliade-X Offshore Turbine.
  • This novel manufacturing technology has the potential to reduce overall hydropower costs by 20% and lead times by four months.
  • “The development and cost-efficient manufacturing of clean power-generation technologies is in high-demand because it is key to meeting and overcoming global climate challenges.

Rio Tinto appoints new Aluminium Chief Executive

Retrieved on: 
Dienstag, September 5, 2023
Natural Resources, Manufacturing, Steel, Other Natural Resources, Mining, Minerals, General Electric, Imerys, Electricity, GE, Carbon, Credit Suisse, Wind, Tinto, Acquisition, GE Renewable Energy, Alstom, Renewable energy, Rio Tinto, École polytechnique, Credit Suisse First Boston, Iron ore

Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella.

Key Points: 
  • Rio Tinto has appointed Jérôme Pécresse to lead its Aluminium business, succeeding Ivan Vella.
  • Jérôme, who was until recently President and CEO of General Electric (GE) Renewable Energy, will join Rio Tinto on 23 October 2023.
  • Rio Tinto Chief Executive Jakob Stausholm said: "Jérôme brings a wealth of experience across renewable energy, mining, business development and strategy, ideal for shaping our industry leading aluminium business for a low carbon future.
  • I look forward to welcoming Jérôme to Rio Tinto and to the diverse contribution I know he will make to our business at this critical moment for our industry.”
    Jérôme Pécresse said: “I am thrilled to be joining Rio Tinto to continue building a stronger and more sustainable global Aluminium business with our team around the globe.

voxeljet AG Reports Financial Results for the Second Quarter Ended June 30, 2023

Retrieved on: 
Donnerstag, August 17, 2023
Other Manufacturing, Technology, Engineering, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Aerospace, Manufacturing, Hardware, Operating cost, United, Maintenance, Communication, Samsung Galaxy Note (2011 smartphone), Capital expenditure, BofA Securities, System, 3D, Printing, Samsung Galaxy Note 7, Policy, Research, BMW, Sale, Government, Wind, Forecasting, Interest, EUR, EBITDA, Investment, Depreciation, GE Renewable Energy, Anzu, Capital, Nintendo of America, Inc. vs. Blockbuster LLC., Voxeljet, Keur Simbara, European Investment Bank, EIB, Adjustment, Conference, 3D printing, Clothing, Video game, Music, Pharmaceutical industry, Coal, Cryptocurrency, Real estate, Bank, Lithium, Reinsurance

Systems revenues represented 58.9% of total revenues in the second quarter of 2023 compared to 54.0% in last year’s second quarter.

Key Points: 
  • Systems revenues represented 58.9% of total revenues in the second quarter of 2023 compared to 54.0% in last year’s second quarter.
  • Cost of sales were kEUR 4,984 for the second quarter of 2023 compared to kEUR 4,600 for the second quarter of 2022.
  • Gross profit margin for this segment decreased to 22.8% in the second quarter of 2023 compared to 24.0% in the second quarter of 2022.
  • Selling expenses were kEUR 2,113 for the second quarter of 2023 compared to kEUR 1,888 in the second quarter of 2022.