GE Reports | Your source for what's happening at GE.

When the largest utility in Central Europe began building Europe’s largest onshore wind farm last year, GE was there, supplying 139 of its giant 2.5xl wind turbines. Now, with construction of the first phase well underway, GE Energy has inked a new deal to provide up to 101 additional turbines. When completed, the site will [...]

Earlier today, GE announced that it’s become one of the founding members of a new Japanese-government-led initiative designed to accelerate the development of new clean energy, environmental and healthcare technologies. GE will be one of 16 corporations — and the only U.S.-based company — to each invest $5.3 million in equity in the Innovation Network Corporation of Japan (INCJ), while the Japanese government will invest $872 million. The Japanese government is also providing $8.5 billion in loan guarantees, bringing the total available for investment to approximately $9.5 billion. The move underscores GE’s continued belief that Japan can be a key source of technology for GE’s businesses globally — and it’s part of GE’s ongoing strategy to continue investing in research and development during the economic downturn.

Thousands of government and industrial leaders are currently gathering at the Singapore International Water Week conference to focus on the urgent need for industrialized and developing countries to solve worldwide water scarcity challenges. It’s with these critical issues on tap that GE and the National University of Singapore officially launched the $100 million NUS-GE Singapore Water Technology Center.

GE and the government of Nigeria today signed an agreement that may soon pave the way for a host of new collaborative projects in areas such as railway infrastructure development, oil and gas processing, electric power generation, water treatment, healthcare, aviation and integrated safety and security systems.

As Vijay Govindarajan, GE’s chief innovation consultant, described in his GEreports post on Wednesday, the rise of emerging markets such as India and China mark a new phase of globalization. A key component of meeting this challenge is making products “scalable” — which is all about taking locally innovated products to other emerging markets as well as to developed ones. With its launch in the US in the second quarter of this year, GE Healthcare’s portable electrocardiogram, the MAC 800, is just such an example of scalability in action.