GE CEO: Expects Clean-Technology Revenue Of $21 Billion This Year

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GE CEO: Expects Clean-Technology Revenue Of $21 Billion This Year

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Summary

General Electric is becoming more renowned for its clean technology as revenues from the resulting innovations greatly increase and the world places more focus on the importance of nuclear energy. Here, GE CEO, Jeff Immelt, discusses these topics in relation to GE.  

Monday, May 16, 2011 - 2:30pm

CONTENT: Blog

BOSTON -(Dow Jones)- General Electric Co. (GE) chief executive Jeff Immelt said Tuesday the company expects revenue from clean technology to total $21 billion this year.This figure is higher than the $5 billion in revenue from clean technology GE earned in 2005, Immelt said, amid applause from an energy-conscious audience at a Massachusetts Institute of Technology forum on clean energy innovation and green jobs. Speaking on the prospects of nuclear energy in the wake of the nuclear crisis in Japan, Immelt said, "Even before the crisis in Japan, the nuclear renaissance was stalled."

 
To continue reading GE CEO Jeff Immelt’s comments on nuclear energy and clean technology, click here.

 

About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s 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 company's Web site at www.ge.com.
 
Citizenship at GE is 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.
 
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Keywords: Energy | GE | Hitachi Ltd. | Massachusetts Institute of Technology | clean technology | jeff immelt | nuclear energy | revenue

CONTENT: Blog