NewEnergyNews: $700 MIL: GE LANDS ANOTHER TURBINE DEAL

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

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YESTERDAY

  • ORIGINAL REPORTING: A UTILITY IN THE MAKING: THE MUNICIPALIZATION OF BOULDER, COLORADO
  • ORIGINAL REPORTING: WHAT HAPPENED TO THAT NATIONAL HIGH VOLTAGE TRANSMISSION SYSTEM?
  • THE DAY BEFORE

  • ORIGINAL REPORTING: THE STATE OF THE U.S. WIND INDUSTRY (AND WHAT IT MEANS FOR UTILITIES)
  • ORIGINAL REPORTING: HOW SACRAMENTO'S PUBLIC UTILITY IS GETTING IN THE RESIDENTIAL SOLAR BUSINESS
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    THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: HAS APS INVENTED A ROOFTOP SOLAR BUSINESS MODEL FOR UTILITIES?
  • ORIGINAL REPORTING: THE GRID NEEDS INDEPENDENT DISTRIBUTION SYSTEM OPERATORS
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: HOW SHOULD UTILITIES VALUE SOLAR?
  • ORIGINAL REPORTING: IS PUERTO RICO THE NEW POSTER CHILD FOR THE UTILITY DEATH SPIRAL?
  • AND THE DAY BEFORE THAT

  • Weekend Video: Reindeer Stresses
  • Weekend Video: Pink Fracking
  • Weekend Video: Fighting Duke For Solar
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: ARE NATURAL GAS AND RENEWABLES THE FUTURE OF TEXAS' POWER GRID?
  • ORIGINAL REPORTING: COULD FERC PUT A PRICE ON CARBON?
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Your intrepid reporter

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  • ---------------
  • Tuesday, March 04, 2008

    $700 MIL: GE LANDS ANOTHER TURBINE DEAL

    The rise of GE Energy in the turbine manufacturing sector is a huge U.S. success story. Production of turbines has grown 500% since 2004. GE sold more than $4.5 billion worth of turbines in 2007 alone. In the last 2 years GE has produced more than one-half of total U.S. wind energy capacity. Globally, there are more than 8,000 GE 1.5-megawatt turbines in use. It is the most widely used turbine in the world.

    There may be something to this ecomagination thing. (click to enlarge)

    Renewable Energy Systems taps GE Energy
    February 28, 2008 (Atlanta Business Chronicle)
    and
    GE Supplying Wind Turbines To Renewable Energy Systems…
    February 28, 2008 (GE press release)

    WHO
    GE/GE Energy, RES/RES Americas

    WHAT
    GE Energy has contracted with RES Americas to provide $700 million in new wind energy capacity, plus commissioning and operations services and maintenance support.

    Everybody else in the wind business is looking up at GE. (click to enlarge)

    WHEN
    - 2009/2010: Delivery and installation of contracted turbines.
    - 2007: GE Energy earned $4.5 billion in the wind energy business.

    WHERE
    - GE Energy is based in Atlanta, GA.
    - RES Americas is based in Austin, TX. It is part of UK-based Renewable Energy Systems.

    RES is a power in England; subsidiary RES Americas is a power in the U.S. (click to enlarge)

    WHY
    - RES/RES Americas has built 12% of U.S. wind energy capacity.
    - The purchase of GE’s field-proven 1.5-megawatt turbines will provide 500 megawatts of new wind energy capacity.

    QUOTES
    Victor Abate, vice president-renewables, GE Energy: "Throughout the United States we continue to witness strong interest in the production of cleaner, wind-generated electricity…We are pleased that RES has selected our well-proven, 1.5-megawatt technology to help the company reach its build-out goals for the years ahead."

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