GE Announces 1.4 Gigawatts of December Wind Orders

Flurry of recent onshore wind deals highlight continued global expansion of GE Renewable Energy Contracts include more than 20 wind farms across seven different countries Orders signal strong adoption of GE’s Digital Wind Farm technology, available on new 2 and 3 MW wind turbine platforms

PARIS--(BUSINESS WIRE)--GE Renewable Energy (NYSE:GE) today announced it secured 1.4 gigawatts (GW) of firm and unconditional wind turbine supply orders in the month of December. The agreements call for GE's wind technology to supply more than 20 new wind projects across seven different countries. Approximately half of the planned 1.4 GW is scheduled to be installed outside the United States, in countries including Brazil, India, France, Germany, Turkey and the United Kingdom.

"We continue to focus on driving global growth for our business, and the international scope of these deals reflects that effort," said Anne McEntee, president and CEO of GE's onshore wind business. "We are pleased to see customers adopting our newest hardware and software turbine technologies, and we have built a strong backlog heading into 2016."

In the United States, Lincoln Clean Energy and Starwood have selected GE's new 2.3-116 turbines for the Horse Creek wind farm, a 230 MW project in northern Texas. In addition to utilizing GE's new 2 MW turbine platform, the site has also established a full services agreement and will benefit from GE's Digital Wind Farm capabilities.

In Europe, GE signed deals in France, Germany and the United Kingdom last month. The company recently announced its largest French onshore wind deal to date with Velocita Energies for two wind farms in the Franche-Comté region.

In Turkey, GE will supply turbines for Guris Insaat's 85 MW extension of the Dinar wind farm in Afyon, as well as for Dost Enerji's 70 MW Bergres wind farm in Izmir, on the Aegean coast.

The flurry of deal activity follows the recent launch of GE Renewable Energy, a new business unit the company introduced in November after completing its acquisition of Alstom's renewable energy group. The acquisition expanded GE's European wind turbine installed base by approximately 50 percent and grew its global wind footprint to more than 30,000 turbines worldwide.

About GE

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

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