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PARIS, FRANCE—May 25, 2011—GE (NYSE: GE), whose technology helps to deliver a quarter of the world’s electricity, today announced a first-of-its-kind power plant engineered to deliver an unprecedented combination of flexibility and efficiency. By rapidly ramping up and down in response to fluctuations in wind and solar power, the technology will enable the integration of more renewable resources into the power grid. The FlexEfficiency* 50 Combined Cycle[1] Power Plant is rated at 510 megawatts and offers fuel efficiency greater than 61 percent. The plant is the result of an investment of more than $500 million in research and development by GE and a key part of its ongoing work to create and manufacture technologies around the globe that deliver cleaner, more efficient energy.
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