INNOVATION DRIVES GROWTH OF RENEWABLE ENERGY

“We saw an increase in orders and sales for the quarter and the year, reinforcing the potential of the Renewable Energy business to be a growth engine for GE. We will continue to invest in leading-edge technology – such as our Haliade-X and Cypress platform offerings – to drive down the cost of renewable energy and speed the clean energy transition.”

– Jérôme Pécresse, President & CEO of GE Renewable Energy

GE Renewable Energy 4th Quarter 2018 Highlights

 


Key Contracts and Milestones

ONSHORE WIND

GE's 3 MW Onshore Wind Platform
GE's 3 MW Onshore Wind Platform

LM WIND POWER

LM Wind Power blades
LM Wind Power blades

DIGITAL SERVICES

Wind turbine blade
Wind turbine blade

OFFSHORE WIND

Haliade 150-6MW offshore wind turbines at Merkur Offshore Wind farm
Haliade 150-6MW offshore wind turbines at Merkur Offshore Wind farm

HYDRO

  • Signed a contract to provide seven 60 MW Francis turbines for the new Nachtigal Hydro Power Company (NHPC)  in Cameroon, Africa.
     
“We had overall a good year and an excellent fourth quarter in which we booked large contracts in Asia, Africa and the US, reinforcing the global nature of demand for affordable, reliable, and dispatchable hydropower both in emerging and mature markets.”

- Pascal Radue, President & CEO of GE Renewable Energy’s Hydro business

Silvretta reservoir, Austria - (c) LaMiaFotografia, via Shutterstock
Silvretta reservoir, Austria - (c) LaMiaFotografia, via Shutterstock

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