Ceramic Industry News

GE Energy Signs $730 Million Agreement with EDP (posted 10/25/07)

GE Energy has signed an agreement with Energias de Portugal, SA (EDP) to supply wind turbines totaling more than 500 megawatts of new capacity.

GE Energy has signed a global frame agreement with the renewable area of Energias de Portugal, SA (EDP), the world’s fourth largest wind project developer, to supply wind turbines totaling more than 500 megawatts of new capacity for wind projects to be developed during 2008 and 2009 in Europe and the U.S. The total value of the agreement will be $730 million, bringing GE Energy’s recent wind turbine order announcements to more than $1 billion.

Under the frame agreement with EDP, GE will supply Neo Energia, the European renewable branch of EDP, with 80 2.5 x l wind turbines for new wind projects in Europe and provide Horizon Wind Energy LLC, EDP’s American branch, with 201 1.5-megawatt wind turbines for projects in the U.S. (sites yet to be determined). EDP, Portugal’s largest power group, purchased Houston, Texas-based Horizon earlier this month as part of an expansion into the North American wind energy industry.

“In the U.S. and around the world, we continue to see strong interest in the production of cleaner, wind-generated electricity,” said Victor Abate, vice president-Renewables for GE Energy. “In the U.S. alone, more than 2400 megawatts of new wind power was installed in 2006, while worldwide, more than 15,000 megawatts were installed, according to the Global Wind Energy Council. EDP is committed to expanding its wind energy portfolio to help to meet the growing global demand, and we are very pleased that our technology has been selected to support this effort.”

For additional details, visit www.ge.com/energy. EDP’s website is located at www.edp.pt.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI May 2015 cover

2015 May

Our May issue covers bulk batching, pneumatic conveyors, high-temperature furnaces and more! Be sure to check it out today.

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!