GE wind power projects to add 132 MW of renewable energy in China

Schenectady, N.Y., January 13, 2010 — GE signed contracts to supply 88 wind turbines to HECIC New Energy Co., Ltd, one of China’s wind energy developers, for three new projects in Hebei and Shanxi Provinces.

The projects will support the growth of wind energy investments in China, which is the world’s fourth largest producer of wind power.

China’s plan to add 150 GW of installed wind power capacity by 2020 would require it to install about 11.5 GW of installed wind power capacity per year from 2009-2020.

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The new wind farms will add 132 MW of installed wind power capacity for China, which currently ranks fourth, behind the U.S., Germany and Spain in wind power generation.

According to the Global Wind Energy Council, China continued its rapid growth in wind energy in 2008 by doubling its installed capacity to 12.2 GW.

To date GE has committed to supply 895 units of 1.5-MW wind turbines to China, in support of the country’s aggressive renewable energy program.

China is aiming to increase power generation from renewable sources to 15 percent of the nation’s total by 2020. To achieve this, China will need to strengthen development on solar, wind and biomass energy.

GE’s 1.5-MW wind turbine is the most reliable and widely deployed wind turbine in the global wind industry today. More than 12,000 of these machines have been installed for projects worldwide.

In 2008, HECIC New Energy Co., Ltd purchased 66 of the machines for projects for which commissioning has been completed. The wind turbines for the HECIC New Energy projects will be equipped with Low Voltage Ride-Through and Wind Farm Management Systems, which are advanced and grid- friendly connection technologies, enhancing reliability and stability of the wind turbine.

GE started doing business in China as early as 1906 and currently runs 36 wholly owned or joint venture companies in China ranging from manufacturing, service, research and development, financial services and sourcing, with a total workforce of over 13,000.



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