General Electric

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02 10 2020 | 08:54

General Electric abandons Lamu coal power plant deal in policy shift

American conglomerate General Electric (GE) will walk away from an agreement to build Lamu’s 1,050-megawatt coal-fired power plant as it shifts to renewable energy. The move marks the latest setback…

13 06 2019 | 13:11

GE lost billions by 'misjudging' renewables.

Investors in General Electric, once one of the world's most valuable companies, lost tens of billions of dollars after the Paris climate deal as it failed to adapt to the pace of the green energy…