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Press Release

GE Renewable Energy Launches Cypress Onshore Wind Platform, Designed to Grow, Adapt, Thrive and Lower the Cost of Electricity for Customers

September 24, 2018
  • Cypress advances proven technology from GE's 2 MW and 3 MW platforms
  • 5.3-158 produces over 20 GWh per year
  • Latest Cypress turbine - 5.3-158 - offers 50 percent increase in Annual Energy Production (AEP) over life of the turbine vs 3 MW platform
  • 5.3-158 can provide power for the equivalent of 5,200 European residential homes

HAMBURG, Germany - September 24, 2018 - GE Renewable Energy (NYSE:GE) today launched its new onshore turbine platform, named Cypress, and the next model from that platform, GE's 5.3-158 turbine.

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Renewables

Wind Turbines Of Change: This New Wind Turbine Platform Is Creating Fresh Opportunities For Renewables Around The World

September 24, 2018
The capriciousness of the elements is a perennial challenge for intermittent renewable energy sources. The wind doesn’t always blow, and the sun hides behind clouds. While engineers may not be able to command the weather, they’re getting better at harnessing as much wind as possible by bringing wind turbines to blustery places where logistically it could not have been done before. A profitable wind farm nestled in a Japanese mountain valley or rising from the slopes of rugged Greek hills is now possible because of the combination of new technologies and skilled service crews.
Press Release

Forestalia Cierra un Acuerdo con Mirova, GE y Engie para Construir los Primeros 300 MW Eólicos Libres de Primas en España

April 26, 2018

 

Este proyecto histórico es una de las inversiones más importantes de España en energías renovables en los últimos años y representa un gran paso hacia la construcción de un clúster de 1.500 MW en Aragón. Cuenta con el apoyo del BEI y del Plan de Inversiones para Europa, y con una financiación sindicada facilitada por BBVA, CaixaBank y Santander.

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Press Release

GE Renewable Energy and Fina Enerji to drive renewable energy development in Turkey

March 12, 2018
  • GE Renewable Energy and Fina Enerji sign an agreement to work on potential eight projects providing up to 410 MW by end of 2020
  • With the previous agreement signed in 2017 for Kızılcaterzi Wind Project, Fina Enerji is expected to add up to 425 MW to their installed base by 2020
  • This collaboration will contribute to Turkey’s target of 20 GW of Renewable Energy by 2023

ISTANBUL, Turkey - March 12, 2018 - GE Renewable Energy [NYSE: GE] and Fina Enerji today signed an agreement to work on potential eight wind projects in Turkey providing

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Press Release

Quinbrook Closes $268 Million Tax Equity and Construction Financing to Build 200 MW Wind Project in Oklahoma

January 16, 2018
  • Acquires 75% controlling stake in the two stage 365 MW Persimmon wind project in joint venture with Elawan Wind
  • GE provides wind turbines and tax equity
  • GE, CIT, MUFG and Rabobank provide construction financing

New York, NY - January 16, 2018 - Quinbrook Infrastructure Partners ("Quinbrook"), a global investment manager specializing in lower carbon and renewable energy infrastructure assets and GE (NYSE: GE) today announced that the Quinbrook Low Carbon Power Fund has closed construction and tax equity financing of the 200 Megawatt

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Press Release

Leeward Renewable Energy and GE Complete Repowering and Financing For Sweetwater 1 & 2 Wind Farms

January 11, 2018
  • New Technology and Equipment Enhance Performance, Increase Capacity

Dallas, TX -- January 11, 2018 -- Leeward Renewable Energy, LLC ("Leeward") and GE (NYSE: GE) today announced the successful completion of the repowering of the combined capacity 136 MW Sweetwater 1 & 2 wind farms in Nolan County, Texas. GE Renewable Energy is the wind turbine provider for the project and GE Energy Financial Services provided tax equity financing.

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Press Release

GE Renewable Energy scores Serbian date for 105 MW

November 29, 2017
  • 105MW Blacksmith "Kovačica" wind farm set to become Serbia's third largest
  • Will produce enough electricity to power the equivalent of 65,000 homes
  • Represents 1/5 of Serbia’s 500 MW wind energy targets for 2020

Amsterdam, November 29, 2017 - GE Renewable Energy announced today an agreement to provide 38 turbines for the Blacksmith "Kovačica" wind farm. The 105MW wind site is set to be built in the Vojvodina region North East of Serbia and will be operated by Enlight Renewable Energy.

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Press Release

GE und Green Investment Group liefern 650 MW Onshore-Wind nach Schweden

November 14, 2017
  • GE Renewable Energy liefert 179 seiner 3.6-137 Windenergieanlagen für den Windpark Markbygden ETT, die derzeit größte Onshore-Windinstallation an einem Standort in Europa
  • Die Green Investment Group und GE Energy Financial Services treten zusammen zu jeweils 50 Prozent als Kapitalgeber auf, um das Projekt von Svevind zu übernehmen und verbleibende Mittel am Fremdkapitalmarkt aufzunehmen
  • Landmark-Finanzierungsstruktur verbindet Europäische Investitionsbank (EIB), Exportkreditgarantien der Bundesrepublik Deutschland (Hermes-Deckung), NordLB, KfW
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Press Release

GE and Green Investment Group to Deliver 650 MW of Onshore Wind to Sweden

November 07, 2017
  • GE Renewable Energy to provide 179 of its 3.6-137 wind turbines to Markbygden ETT wind farm, currently the largest single site onshore wind installation to be delivered in Europe 
  • Green Investment Group and GE Energy Financial Services partner as 50/50 equity investors to acquire the project from Svevind and raise remaining capital from debt markets
  • Landmark project financing structure brings together European Investment Bank (EIB), Export Credit Guarantees of the Federal Republic of Germany (Hermes Cover), NordLB, KfW IPEX-Bank and HSH Nordbank
  • Nor
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Press Release

GE Renewable Energy presenta su mayor aerogenerador onshore

September 12, 2017
  • La turbina, de 4.8 MW, con un rotor de 158 metros, ha sido diseñada para alcanzar la tasa anual de producción de energía más alta de la industria onshore (eólica terrestre)
  • Concebida para emplazamientos de vientos bajos y medios, el aerogenerador es capaz de suministrar energía equivalente para abastecer 5.000 hogares europeos
  • GE entra así en el segmento onshore de 4MW

Madrid, 12 de septiembre de 2017 - GE Renewable Energy ha presentado hoy su nueva turbina eólica onshore 4.8-158, la mayor turbina de alta eficiencia de GE hasta la f

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