Ge sells solar photovoltaics

Does GE have a solar business?

Solar remains a tiny fraction of GE's overall renewables business; onshore wind accounted for nearly 90 percent of the Paris-based Renewable Energy segment's revenues last year, with hydro chipping in most of the rest.

Does GE offer a solar power station?

For the past fifteen years, GE has delivered Standalone Solar Inverters and Solar Power Stations for customers globally and has been the first to introduce the 1500 V technology to the industry in 2012 which has helped customers reduce the cost of energy through a more efficient farm layout.

Does GE still make solar inverters?

GE still makes solar inverters, switchgear and other solar-related equipment, and is heavily involved in financing and investing in large-scale wind power projects. GE is among the world's leading suppliers of onshore wind turbines and has big ambitions for the offshore market.

Who owns distributed solar development?

The new company, named Distributed Solar Development, will be 20 percent owned by GE Renewable Energy and 80 percent owned by a fund managed by BlackRock. The business, which has been incubated within GE since 2012, will focus on commercial, industrial and public-sector customers.

What hybrid products does GE offer?

GE offers several hybrids related products. The FLEX INVERTER is a key component of GE’s Renewable Hybrids FLEX portfolio that includes the FLEX RESERVOIR and the FLEX IQ technologies. The FLEX RESERVOIR is a systems integrated battery energy storage and power electronics solution for multiple configurations and market applications.

Is GE's under-the-radar solar business in for noisier days ahead?

With BlackRock as a partner and a new focus on project ownership, GE’s under-the-radar solar business may be in for noisier days ahead. Big investors are increasingly interested in distributed solar and storage assets.