GE eyes energy and green opportunities in China

Wed. September 17, 2008; Posted: 10:56 PM

TAIYUAN, Sep 17, 2008 (Xinhua via COMTEX) -- GE | Quote | Chart | News | PowerRating -- Exhibits and technology of General Electric Co. (GE) displayed at the on-going 2 China (Taiyuan) International Coal & Energy New Industry Expo in this capital city of Shanxi province are attracting flocks of visitors.

GE's exhibits and technology include Jenbacher gas engine, coal gasification technology and power plant optimization and control technology.

"Shanxi with abundant resources needs to make rational use of resources and protect its environment, and this is why we are optimistic about the market here", said Jack Wen, president of GE Energy China.

China's fast energy industrial development along with increasing environmental issues has aroused GE attention.

This poses not only grave challenges but also opportunities, especially in the areas of renewable energy, clean coal technology and environmental protection, said an official with GE.

In fact, GE Energy China is becoming a strong regional unit of GE. It has set up branches in many Chinese cities and recruited a large number of engineers, procurement and service professionals.

It has also formed a specialized R&D team in energy sector.

Up to now, GE Energy has provided China 240 gas turbine engines, 70 steam turbine engines, 307 water turbine engines, 300 wind turbines plus wind generation units with capacity reaching 750,000 kW.

The annual Taiyuan International Coal & Energy New Industry Expo, sponsored by Shanxi, provides a good platform for communication between local and foreign enterprises.

As a diversified international company, GE looks to expand cooperation with Shanxi in the future, said Wen.

For full details on General Electric Co (GE) click here. General Electric Co (GE) has Short Term PowerRatings of 6. Details on General Electric Co (GE) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

Tax Relief Bank Levy Wage Garnishment

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.