GE to bolster China renewables business

Company to invest another $10 billion in projects worldwide

General Electric Co, a global diversified technology, services and manufacturing conglomerate, will further fuel its renewable energy business in China through consistent investment as the country is pushing hard for more shares of renewables in its overall energy mix.

GE, which has already invested $15 billion in research and development of cleaner technology globally since 2005, plans to add another $10 billion in the area in the next few years, according to the company.