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GE Wind Turbines Deliver over 1 Gigawatt of Additional U.S. Capacity in 2006


Alt Dot Energy
April 11, 2007


Reaffirming its position as the leading supplier of technology and services for the U.S. wind industry,
GE Energy (NYSE: GE) provided wind turbines representing over 45% of the
country's new wind capacity in 2006.

The American Wind Energy Association (AWEA) reported today that U.S. wind power
generating capacity increased by 27% in 2006 and is expected to increase an
additional 26% in 2007. The U.S. wind industry installed more than 2.4 gigawatts
of new wind capacity during the year, with GE wind turbines accounting for
nearly half of that total. GE supplied 764 of its 1.5-megawatt wind turbines for
U.S. projects in 2006.

This achievement reflects the tremendous strides wind power is making, as
power producers are increasingly turning to renewable energy solutions to
diversify and expand their generation portfolios, said Victor Abate, Vice
President-Renewables for GE Energy. “Our continued investment in wind energy
technology has positioned us well to compete in this growing industry. We are
confident that wind power an abundant, domestic and zero-carbon emissions
resource will be an integral part of the U.S. energy mix throughout the 21st century.

With some of the worlds best wind resources, the U.S. has the potential to
greatly increase its wind energy output in the years ahead, Abate added.
Since entering the wind business in 2002, GE Energy has continued to expand its
wind energy operations, increasing its wind engineering team threefold and
applying experience and expertise from other GE business units to advance its
wind turbine technology.

Today the company is the largest U.S. supplier of wind turbines by a wide margin
and among the largest in the world, with wind turbine manufacturing facilities
in the United States, Canada, Germany, Spain and China.

Randall Swisher, AWEA executive director, noted that the demand for clean,
cost-effective wind power is growing fast, and the U.S. wind energy industry has
turned in a record-breaking performance in 2006 to meet that demand. Our
association expects an even larger increase in new installations in 2007. Wind
power is now one of the largest sources of new power generation in the U.S., and
an essential element of the climate change solution.

At the end of 2006, the U.S. wind industry received a major boost with the
extension of the federal production tax credit.

GE Energys wind turbine technology is a key element of ecomagination, the GE
corporate-wide initiative to develop and market technologies that will help
customers address pressing environmental concerns.

About GE Energy

GE Energy (www.ge.com/energy) is one of the world’s leading suppliers of power
generation and energy delivery technologies, with 2006 revenue of $19 billion.
Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry
including coal, oil, natural gas and nuclear energy; renewable resources such as
water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy
products are certified under ecomagination, GEs corporate-wide initiative to
aggressively bring to market new technologies that will help customers meet
pressing environmental challenges.

With wind turbine design, manufacturing and assembly facilities in Germany,
Spain, China, Canada and the United States, GE Energy is among the leading
providers of wind energy products and support services ranging from commercial
wind turbines and grid integration products to project development assistance
and operation and maintenance. The company’s knowledge base includes the
development and/or installation of more than 7,500 wind turbines with a total
rated output of more than 9,800 megawatts.

 

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