22 September 2017 2017 11:00 AM GMT

GE Announces 600MW Projects; Surges Past 5GW Milestone Of Wind Energy In Brazil

GE has announced, from the Brazil Windpower conference, that it has reached 5,000 MW of installed wind capacity in the country, making it the first company to reach that milestone and confirming the company’s role in the expansion of wind energy in Brazil. By year end, the company will have installed more than 2,700 turbines and the company’s installed capacity represents more than 33% of all wind energy in the country. As part of that 5,000 MW GE’s Onshore Wind business, a unit of GE Renewable Energy, will commission another 600 MW by the end of September, in three projects previously announced.

They are the wind farm Ventos Araripe III, in partnership with Casa dos Ventos, in Chapada do Araripe (PI) will be equipped with 156 2.3-116/107 GE turbines; the Caldeirão I wind farm, developed with customer Queiroz Galvão, also in Chapada do Araripe (PI), will have 70 2.7-122 GE turbines and a project in Guaranhuns (PE), called PEC Expansion, that will add 22 turbines to the wind farm, being a new total of 75 operational turbines.

To maintain its level of excellence and service, GE Renewable Energy has developed a strong presence in Brazil, including several facilities dedicated to wind manufacturing and services.   Wind farms operating with GE turbines have been recognized by the Chamber of Electric Energy Commercialization (CCEE) as the most efficient in the country.

“Brazil is an important market for GE Renewable Energy.  We believe in the growth potential of wind and renewable energy, and we are committed to providing affordable, reliable, sustainable energy to customers across Brazil.  We are confident we can continue to grow by using the combined resources of GE – what we call the GE Store – to meet the needs of the wind power industry,” says Jean-Claude Robert, general manager for Onshore Wind in Latin America.

GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.

Photo: Courtesy of GE Renewable Energy

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

January 28th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 


 

   

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