General Electric is looking to build its global portfolio of wind power projects, and plans to have a presence in 35 countries next year.
GE is placing its faith on services such as data analytics to improve wind turbine performance, its renewable division CEO Anne McEntee said midweek.
She pointed to the importance of diversifying into different countries to take advantage of where energy demand and policy are encouraging.
“We have been putting a big focus on expanding our presence globally,” McEntee said in an interview as GE on Wednesday commemorated the installation of its 25,000th wind turbine. “As you look at policy around the world, you are going to have ups and downs in various countries.”
GE does not disclose revenue for its wind business, which is part of its Power & Water segment, whose other products include gas turbines and generators. Last year, GE ranked as the world’s fifth-biggest wind-turbine supplier, according to Navigant Research.
The company’s data analytics capability allows it to offer a product designed to help wind farm operators raise output by up to 5 per cent by optimizing performance based on environmental conditions.
“Our view is with technology advancements, the turbine that you buy today will run better tomorrow,” McEntee said.
McEntee added that she expected to reach a target of 3,000 wind turbine shipments by year-end.
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