GE to stop supplying equipment for new coal-fired power plants

General Electric Co. plans to stop supplying equipment to new coal-fired power plants, exiting the market to focus on gas turbines and renewable energy equipment, which may include asset sales, site closings and job impacts.

“General Electric Co. plans to stop supplying equipment to new coal-fired power plants, exiting a market that relies on the dirtiest fossil fuel to focus on gas turbines and renewable energy equipment.”bloomberg.com

• 2 sources
• bloomberg.comGE to Stop Selling Equipment for New Coal-Fired Power Plants - BloombergRyan BeeneSep 21, 2020
• industrialinfo.comGE Ditching Coal-fired Plants After 100 YearsMartin LynchOct 2, 2020

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