US conglomerate to merge fossil fuel, clean energy and digital software units into spinoff firm to focus effort to meet rising global competition in changing global power market.
General Electric Co. is betting that its next-gen offshore wind turbine—a giant at 12 MW, 260 meters high and with 107-m blades—will make offshore wind power more competitive and position the firm to win a fair share of the burgeoning energy market.
Boston-based Suffolk Construction has been selected as construction manager for development of GE’s $200 million global headquarters, the publicly traded company announced on Dec. 16.
The U.S. Environmental Protection Agency has rejected objections raised by General Electric Co. to a final cleanup plan, issued in February, for toxics in the Housatonic River in New England.
A day after releasing renderings for its new global headquarters in Boston’s Fort Point Channel on Monday, General Electric will present its plans to the public on Tuesday night. Designed by Gensler, the new 2.4-acre campus located at 6 Necco Court will include two rehabilitated historic brick buildings and a newly constructed 12-story building connected by a bridge and a pedestrian walkway.
More than 150 institutions have announced plans to boost U.S. water infrastructure in collaboration with the Obama administration’s efforts to address water challenges.
President Obama and the governors of Illinois, Michigan, Minnesota, New York and Pennsylvania have agreed to speed up the review and development of proposed offshore wind-power projects in the Great Lakes region.
