GE Renewable Energy division debuts in Paris

General Electric (NYSE:GE) used the occasion of the annual European Wind Energy Association conference in Paris to introduce its newly enhanced Renewable Energy business, GE Renewable Energy.

It is now upgraded to a full business division following the Alstom deal from its previous status within GE Power & Water.
Anne McEntee of GE Onshore Wind
The company also simultaneously launched a new family of 3-MW onshore wind turbines.

The Alstom acquisition makes GE a major player in the European wind energy scene and expands the US conglomerate’s global renewables fleet to more than 30,000 turbines, enlarges its EU footprint by 50 per cent and grants a European offshore pipeline of 2 GW.

Anne McEntee, GE onshore wind executive, told a press conference at the event, “The Alstom deal helps us gain local experience in key growth regions.”

Introduced in Paris werethe 3.4-130 and 3.4-137 turbine models through which GE seeks to “address the complexities of European wind conditions”.

The new offerings are GE’s most powerful onshore turbines offered to date, with the 3.4-137 machine providing up to 24 per cent higher output than the 2.75-120 model.à‚ 

The expanded renewables business also features an offshore wind segment that counts Alstom’s 6-MW Haliade 150 turbine among its offerings.

GE’s new chief executive for offshore wind, Anders Soe-Jensen, neither ruled in or out the possibility for development of a full-scale offshore turbine factory in either the US or Europe, when fielding questions at the Pont de Versailles conference centre, saying only a solid pipeline would justify such a facility.

“If you are going to build a fully-fledged factory, to make that financially viable for anybody, you need a pipeline that covers, say, 100 units per year for a sizeable number of years before doing that investment. You need a longer or more viable pipeline.”

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