GE Energy completes record year in wind energy
Atlanta, GA— GE Energy delivered
1,346 wind turbines worldwide during 2005, completing the year
with revenue exceeding $2 billion - more than a 200% increase
over 2004’s total - the company reported at the 2006 European
Wind Energy Conference & Exhibition.
GE’s 2005 wind revenue
also was more than 400% higher than in 2002, GE’s first
year of wind operations, underscoring wind energy’s continued
growth in global popularity.
“We are seeing an incredible
growth in demand for wind turbines as more countries seek to expand
their renewable energy production to help reduce their greenhouse
gas emissions and improve their energy security,” said Robert
Gleitz, who was appointed general manager for GE’s wind
business in the spring of 2005.
“For example, in 2006 GE
is expanding its line of wind turbines by launching its new multi-megawatt
turbine platform in Europe, followed by a similar United States
and Asia commercial roll-out in 2008,” Gleitz said.
Some 2005 highlights for GE:
- GE received an order for 33
of its 1.5-megawatt turbines in Tébar, in central Spain.
The Las Lomillas wind project is owned by Tébar Eólica,
a joint partnership of GENESA (Hidrocantábrico) and Tébar
- GE Energy Financial Services
acquired several wind farms in Germany, marking GE’s formal
entrance into the country’s wind industry. One of the
sites, the Alsleben project, will consist of 37 of GE’s
1.5-megawatt units, making it one of Germany’s largest
- GE introduced its 1.5 xle wind
turbine, as well as the new 2.5 and 3.0-megawatt turbines, at
the HusumWind conference in Germany.
- In May, GE hosted a formal
inauguration for its Arklow Bank Wind Park in the Irish Sea,
the world’s first offshore wind project to commercially
deploy turbines over three megawatts. Arklow features 7 of GE’s
- Cefn Croes, the biggest operating wind farm
in England and Wales, officially opened. The site features 39
of GE’s 1.5-megawatt turbines and provides 20% of Wales’
- GE 1.5-megawatt turbines were selected for
six wind farm sites in the Massif Central region of southern
France. The 38 units will generate 57 megawatts, increasing
France’s installed wind capacity by nearly 15%.
- In the United States, GE delivered 1,005 wind
turbines as the industry enjoyed its most productive year. According
to the American Wind Energy Association, the United States industry
broke its annual installed capacity record by adding 2,431 megawatts
of turbines. GE’s turbines accounted for about 62 percent
of the United States total.
“The extension of the federal
wind-energy production tax credit in 2005 helped trigger the record-breaking
year and provided momentum that will carry over through 2007,”
said GE’s Gleitz, noting the company is already accepting
orders for 2008.
- In Canada, GE announced an
order for 66 of its 1.5-megawatt turbines for the Erie Shores
Wind Farm, one of the country’s largest wind power projects.
The project is located near the northern shore of Lake Erie
- In India, GE announced it was providing eight
1.5-megawatt turbines for a new project in the village of Radhapuram
in the state of Tamilnadu, South India. The wind farm is GE’s
second in India.
- And in Japan, GE Energy said it is supplying
34 of its 2.5-megawatt machines for three sites, adding 85 megawatts
to the country’s grid.