GE celebrates 10th anniversary of wind energy improvements
GE announced on June 4 that in 2012 it is celebrating 10 years of being an industry leader in wind energy.
Since the company's acquisition of Enron Wind in 2002, it has constructed 18,000 wind turbines and expanded its business from 500 megawatts to 28 gigawatts of capacity. By the end of 2012, the company expects to increase its installed base of wind turbines to surpass 20,000. GE produces enough clean energy annually to power New York City for one year, and in the last 10 years, about 50 percent of turbines that have been installed in the country have come from GE.
"Our 10th anniversary is a time to acknowledge our achievements of the past decade and recognize this is only the beginning of our journey in the alternative energy sector," said Vic Abate, vice president of renewable energy for GE. "Our $2 billion in innovation investments over the past decade have transformed the wind industry and helped make wind a reliable, competitive, renewable source of carbon-free energy."
The company also announced several new renewable energy projects, including wind farms in Michigan and Iowa.