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On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created. [9] On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States. [10] This was General Electric's last consumer business. [11]
GE Vernova Inc., [2] formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. [3]GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE Renewable Energy, GE Digital and GE Energy Financial Services.
GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. [4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris , France , part of conditions for the Alstom purchase.
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GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.
The 92-acre (370,000 m 2) campus is home to GE's Lighting & Electrical Institute, which was founded in 1933. Each December, Nela Park features a world-famous Christmas lighting display, which culminates in a miniature version of the National Christmas Tree in Washington, D.C. , designed by GE Lighting.
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Current Lighting Solutions, LLC (formerly Current, powered by GE and GE Current, a Daintree company), trading as Current, is a company that sells energy management systems. It is headquartered in Greenville, SC, U.S. The company appointed Steve Harris as its new Chief Executive Officer, succeeding interim CEO Bill Tolley on May 30, 2023.