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28 Apr
15:06

GE expects beefier grid to deal with renewable influx

Diversified US firm General Electric expects to benefit broadly from the on-going energy transition both in the US and abroad, according to the company’s most recent quarterly earnings call.  Cfo Carolina Dybeck Happe says orders grew by double-digits in all renewable categories, including onshore and offshore wind and grid infrastructure.  Revenue in the segment remained essentially flat on-year as the orders were offset by a decline in services.…
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