Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Huaneng Selects GE's Brilliant 2.75-120 Wind Turbines for Chinese Wind Farm

GE

GE (NYSE: GE) today announced it will supply one of the world’s largest power generation companies—China’s Huaneng Corporation—with 55 units of GE 2.75-120 brilliant wind turbines, to be installed at the Huaneng Dali Longquan wind project in the Yunnan province of China. The project will provide 151 megawatts of power, making it GE’s largest wind order in China to date. The deal also includes a service agreement for two years of operations and maintenance.

“We chose GE based on its proven reliability in other parts of the world, and the technology behind GE’s 2.75-120 wind turbine is well-suited for our local land constraints and the high-altitude project site,” said Lin Gang, president of Huaneng Renewables. “We are excited to collaborate with GE to bring more renewable energy to China.”

According to the Global Wind Energy Council, China added more than 16 gigawatts (GW) of wind power in 2013, accounting for more than 45 percent of the world’s total wind energy installations. The country aims to increase its installations to 150 GW of total wind capacity by the end of 2017 as a step toward a larger target of producing at least fifteen percent of overall energy output from renewable sources by 2020.

“China has huge potential for wind energy, and we are excited to help customers like Huaneng expand their renewable energy presence,” said Anne McEntee, president and CEO of GE’s renewable energy business. “Our goal is to invest in the kind of renewable technology that will bring high-quality, reliable power to the region for many years to come, and the 2.75-120 is a great example of exactly that.”

The 2.75-120 is part of GE's brilliant wind turbine platform and utilizes the power of the Industrial Internet to analyze tens of thousands of data points every second, driving higher output, improving services productivity and creating new revenue streams for customers.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water and GE’s renewables business on Twitter @GE_PowerWater and @GErenewables.

GE Power & Water
Nikolas Noel, +1 518 385 6090
Nikolas.noel@ge.com



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today