NewEnergyNews: $700 MIL: GE LANDS ANOTHER TURBINE DEAL

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  • THE DAY BEFORE

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    THINGS-TO-THINK-ABOUT THURSDAY, August 25:

  • TTTA Thursday-Climate Change Could Cost Millenials Trillions
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  • TTTA Thursday-How Texas National Guard Could Go Green
  • TTTA Thursday-California Leads The Way To Cars With Plugs
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  • ORIGINAL REPORTING: Your Utility Wants An App For You
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  • TODAY’S STUDY: A Deeper Look At Utilities – Arizona Public Service
  • QUICK NEWS, August 23: The Climate Change Fight Will Boost The Economy; Solar Shingles Versus Solar Panels; How Very Much Oil & Gas Don't Need Their Tax Breaks
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  • TODAY’S STUDY: Wind Right Now
  • QUICK NEWS, August 22: Having Children In A Time Of Climate Change; Tips On Picking Solar Panels; 4 Things To Think About Before Buying An EV
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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)
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  • 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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  • TODAY AT NewEnergyNews, August 29:

  • TODAY’S STUDY: How Low Can The Cost Of Wind Go?
  • QUICK NEWS, August 29: The History Of Climate Change; To Buy Or To Finance Solar, That Is The Question; Wind Fits The National Power Mix

    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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