GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division.[4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris, France, part of conditions for the Alstom purchase.
In 2021 plan to splitting GE into three new public companies: GE Vernova, GE HealthCare and GE Aerospace was announced. GE Renewable Energy, along with GE Digital, GE Power, and GE Energy Financial Services will come together as GE Vernova.[5]
In 2023, GE announces planned spin-off date for beginning of second quarter of 2024.[6]
GE Wind was formed out of the assets of Enron Wind purchased in 2002,[7] and subsequently expanded with the purchase of ScanWind in 2009.[8] GE Wind expanded into offshore wind energy with the purchase of Alstom's energy generation assets (GE Offshore Wind, formerly Alstom Wind) in 2015.[9]
The GE Renewable Energy Hydro, a sub-division of GE Renewable Energy, is involved in hydroelectricity generation. This includes the design, manufacture, and installation of equipment for both gravity fed[10][11] and pumped-storage power plants,[12] and as upgrades to existing hydroelectric plants.[13][14][15]
GE Renewable Energy Hydro has developed aerating turbines designed to increase the amount of oxygen in water passing through the turbines, to benefit the aquatic life downstream.[16]
GE Grid Solutions business encompasses the high-voltage power grid equipment and engineering activities of Alstom's former subsidiary, Alstom Grid, which itself was spun off from the transmission business of Areva T&D, a former subsidiary of the French multinational Areva.
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