Share our Story
Learn about our Company
ABOUT General Electric (GE)
GE (NYSE: GE) is an advanced technology, services and finance company taking on the worlds toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the companys Web site at www.ge.com.
Citizenship at GEis more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
At the heart of GEs approach is a simple framework: make money, make it ethically and make a difference. GE is rigorous and deliberate about how it can help solve some of the worlds toughest problems. This approach is recalibrated often to address changing circumstances and challenges -- but the companys values consistently ground its views on whats important. For more information, visit the companys Citizenship Web site at www.gecitizenship.com.
General Electric to Develop 1,000 Megawatts in Kenya
General Electric Co. is partnering with Kenyan government and industry to develop 1,000 megawatts of power in the East African nation and is in talks with Kenya Power Ltd. (KPLL) about a power-purchase agreement.
The power projects will probably be developed over five to 10 years, Jay Ireland, president and chief executive officer for Africa said in a phone interview. He didn’t give a price for the partnership in which his company will provide technology and equipment.
“We are in the process of working with Kenya Power to develop a power purchase agreement shortly,” he said. GE, as the company is known, in May signed an agreement with the government to develop power, rail, health care, aviation and training projects, he said.
Kenya plans to spend as much as $50 billion over the next 20 years to meet a 14 percent annual increase in electricity demand, according to the country’s Energy Regulatory Commission. Kenya, east Africa’s biggest economy, will need 16,905 megawatts annually by 2031 from 1,520 megawatts this year, the regulator said.