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GE Contracts 1 GW of Wind Turbines Post-PTC Extension

After the extension of the Production Tax Credit on January 1, 2013, GE (NYSE: GE)'s renewable energy unit said it has signed 1 GW of U.S. wind turbine orders as of May 6. GE also debuted its newest wind turbine product during the American Wind Energy Association (AWEA)'s Windpower 2013 conference and exhibition in Chicago.

GE’s 1.7-100 meter wind turbine is the second brilliant turbine in its portfolio. The latest offering is an advance of its 1.6-100 turbine series that uses electrical system upgrades and the power of the industrial internet, which works to connect data points across the turbine’s ecosystem. It is made to provide 6 percent more power than the current model. Earlier in 2013, GE announced its 2.5-120 turbine, which helps manage wind’s variability by providing short-term power while communicating with neighboring turbines, operators and technicians. Invenergy will use three of the 2.5-120 turbines with integrated storage at a wind project in Mills County, Texas.

We will update this story with more information as it becomes available.

Lead image: Wind turbine via Shutterstock

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