GE Wind Turbine Technology Selected for New Wind
Power Station in Japan; Second Project for GE Wind Energy in Japan This Year
ATLANTA--Oct. 1, 2003--GE Wind Energy is supplying 20 of its 1.5-megawatt wind turbines to Rokkasyomura Wind Development Co. Ltd., a subsidiary of Japan Wind Development (JWD) Co. Ltd., for its Rokkasho-mura Wind Project -- soon to become one of Japan's largest wind power installations.
The project is currently under construction in Rokkasho-mura, located in the eastern part of Aomori Prefecture, approximately 50 kilometers north of the city of Misawa. When the project is completed later this month, the power will be purchased by Tohoku Electric Power Company under a long-term power purchase agreement (PPA). The project will add 30 megawatts of clean, wind energy capacity to the Japaneseelectricity grid. Supported by Japan's Ministry of Economy, Trade and Industry, the project's engineering, procurement and construction services are being provided by Kandenko Co. Ltd. of Tokyo. Earlier this year, GE supplied 10 of its 1.5-megawatt wind turbines to a consortium including JWD for the Hibikinada Wind Project located on the coast of Hibikinada, Japan.
We are pleased that our 1.5-megawatt wind turbine technology again has been selected by JWD, a leading wind developer in Japan, said Alan Sides, country manager for GE Wind Energy. The 30-megawatt Rokkasho project supports Japan's renewable energy target which encourages the production of three gigawatts of new renewable energy for Japan by the year 2010.
Established in July 1999, JWD of Tokyo is an international wind project developer. In March of 2003, JWD was listed on the Tokyo Stock Exchange as the first wind business venture in Japan, and currently is expanding its market reach.
The GE 1.5-megawatt wind turbines being used for the Rokkasho project are among the most widely sold wind turbines in the megawatt class. Today, more than 1,600 of these machines are operating in Germany, Spain, the Netherlands, Ireland, Belgium, Sweden, Japan and the United States.
GE Wind Energy, a unit of GE Power Systems, is one of the world's leading wind power companies. With design, manufacturing and assembly facilities located in Germany, Spain, the Netherlands and the United States, the company designs and manufactures wind turbines with rated outputs that range from 900 to 3,600 kilowatts, and offers support services ranging from project development expertise to operation and maintenance. Worldwide, the company has developed and/or sold more than 6,000 wind turbines with a rated capacity exceeding 3,800 megawatts, and employs more than 1,700 people.
About GE Power Systems
GE Power Systems (www.gepower.com) is one of the world's leading suppliers of power generation technology, energy services and management systems with 2002 revenues of nearly $23 billion. Based in Atlanta, Georgia, GE Power Systems provides equipment, service and management solutions across the power generation, oil and gas, distributed power and energy rental industries.
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