General Electric Unveils Consolidated Renewable Energy Business

By [email protected] General Electric this week announced an expansion of GE Renewable Energy, in the latest iteration of the corporation’s energy business. The newly consolidated arm will house of GE’s renewable energy and grid assets — such as solar and storage, wind and hydropower — all in one place.

The company said the change “strategically positions” GE “to address the evolving needs of the power market, including the growth of renewable energy.” It comes on the heels of several, larger reorganizations in efforts to cut costs, including one in November 2017 and another in June of last year.

The news came just ahead

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