TITLE

Another $1B Wind Turbine Deal for GE

AUTHOR(S)
Moresco, Justin
PUB. DATE
March 2008
SOURCE
Red Herring;3/7/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article announces that GE Energy has secured its second contract to provide wind turbines for Invenergy. The contract is valued at over $1 billion. 750 megawatts of wind turbines will be supplied by GE Energy to Invenergy for its projects to be constructed in North America in 2010. The GE deals reflect the tremendous growth in the wind energy market in recent years. It is estimated that wind power could supply 16.5 percent of the world's electricity by 2020 and 34 percent by 2050, the Global Wind Energy Council says.
ACCESSION #
36876100

 

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