GE no longer building gas-fired power plants, only solar for the future

Vistra Energy Corp and Dominion Energy Inc, which provide about 5.5 million people with electricity in over a dozen US states, both claim they are done building combined-cycle natural gas-fired power plants. Instead, the companies will invest in large solar plants, which offer plentiful and inexpensive electricity. At an investor conference on Wednesday, John Flannery, GEs chief executive, said that power profits will be flat this year after falling 53...
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