GE Gas Engines to Power Green Waste Energy’s Global Alternative Energy Projects

  GE Gas Engines to Power Green Waste Energy’s Global Alternative Energy

  *GE to Supply Jenbacher J620 Engines to Power GWED’s Waste-to-Energy
  *GWED Planning Projects in the United States, the United Kingdom, Africa
    and Asia
  *GE’s Fuel-Flexible Distributed Power Solutions Promote Regional Energy

Business Wire

SCHENECTADY, N.Y. -- May 15, 2013

GE (NYSE: GE) and Greenwich, Conn.,-based Green Waste Energy (GWE) today
announced they have signed a frame agreement for GE to supply an undetermined
number of ecomagination^[1] qualified Jenbacher gas engines to power a series
of Advanced Recycling and Energy Conversion (AREC) plants that GWE’s
development subsidiary, Green Waste Energy Development (GWED), plans to build
around the world.

GWED uses C6 Technologies’ proprietary and patent-pending, non-burn
waste-advanced pyrolysis technology in its AREC projects. The C6 technology
can transform a wide range of wastes into “syngas,” which then can be used in
gas engines to generate cleaner electricity or produce “greener”
transportation fuels including diesel and jet fuel. C6T licenses its
technology to developers worldwide.

Under terms of the agreement, GE will provide GWED with Jenbacher J620 gas
engines, which will use the syngas produced at GWED’s waste-gasification
facilities to generate renewable electricity. Each installed gas engine will
generate nearly 2 megawatts (MW) of reliable on-site power. GE also will
provide technical support for GWED’s installed engine fleet.

GWED has committed to use GE’s Jenbacher gas engines worldwide, including for
pending projects in the United States, the United Kingdom, Africa and Asia.
The frame agreement will remain in place until December 2013 and can be
renewed if both parties agree. GWED has signed an agreement in partnership
with J.M. Clarke and Sons to build a waste-to-energy power facility at Pebble
Hall in Theddingworth, U.K. The facility will use up to six Jenbacher J620 gas
engines and provide approximately 8-MW per hour to the electrical grid.
Additional projects are nearing agreement.

“A medium-size AREC plant is able to convert 1,000 tons of municipal solid
waste into approximately 600 megawatt hours of cleaner electricity a day,
which is enough to power approximately 24,000 U.S. homes. GE is a leading
company in engine design and development for the renewable energy industry. We
value GE's knowledge, assistance and experience and know that their expertise
will help ensure our success. We look forward to developing many projects
using GE’s gas engines," said Green Waste Energy CEO James Burchetta.

GE’s agreement with GWED reflects the growing global demand for GE’s specialty
gas engine technology and other distributed power solutions to help meet the
world’s pressing local energy security, energy efficiency and environmental
policy priorities.

"This important agreement underscores our commitment to providing alternative
energy solutions to help meet global energy goals for renewable power
generation,” said Scott Nolen, product line leader of gas engines for power
generation—GE Power & Water. “Our gas engines are designed to meet our
customers’ needs for both high efficiency and reliability while maximizing
fuel flexibility. The Jenbacher J620 gas engine is well suited for GWED’s
process requirements.”

GE's gas engines set the industry standard for fuel flexibility, low emissions
and high efficiency and availability. Demonstrating impressive
fuel-flexibility, GE’s engines can operate not only on natural gas, but also
on a broad range of alternative gases including digester biogas, landfill gas,
coal mine gas and sewage gases.

GE's Jenbacher gas engines are part of GE’s ecomagination portfolio.
Ecomagination is GE’s commitment to provide innovative solutions that maximize
resources, drive efficiencies and make the world work better. To qualify for
the portfolio, products and services must demonstrate both improved economic
value and environmental performance.

GE’s Jenbacher engine technology is part of the company’s portfolio of
innovative distributed power solutions, designed to give businesses and
communities around the world the ability to generate more reliable and
efficient power using a variety of fuels in diverse locations on or off the
grid. GE’s distributed power portfolio also includes GE’s aeroderivative gas
turbines, Waukesha gas engines and Clean Cycle waste heat recovery solutions.

About GWE

GWE's wholly-owned subsidiary Green Waste Energy Development (GWED) is a
developer of waste to energy projects. GWED produces a high quality syngas by
using the patent pending C6 Technology to convert waste using a non-burn
thermal conversion technology. GWED is currently developing projects in North
America, the UK, Africa and Asia. For more information, visit the company’s
website at

About GE

GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in energy,
health and home, transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works. For more information,
visit the company's website at

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation,
energy delivery and water process technologies to solve their challenges
locally. Power & Water works in all areas of the energy industry including
renewable resources such as wind and solar, biogas and alternative fuels; and
coal, oil, natural gas and nuclear energy. The business also develops advanced
technologies to help solve the world’s most complex challenges related to
water availability and quality. Power & Water’s six business units include
Distributed Power, Nuclear Energy, Power Generation Services, Renewable
Energy, Thermal Products and Water & Process Technologies. Headquartered in
Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water on Twitter @GE_PowerWater.

^[1] Trademark of General Electric Company


GE Gas Engines
Martina Streiter, +43 5244 600 2470
Masto Public Relations
Gina DeRossi or Howard Masto
+1 518-786-6488
James Burchetta, +1 917-324-9000
Gramercy Communications (for GWE)
Tom Nardacci, +1 518-326-6400
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