TwinTrader.com announces the publication of “GE Energy Launches 2.5xl Wind Turbine, Expands European Operations; $100M Committed to Meet Europe’s Soaring Renewable Energy Demand.” The article discusses investments in wind energy and the resulting boost in jobs and the economy.
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In the article the author writes:
"GE Energy (NYSE:GE) announced October 1 it will make the company’s innovative 2.5xl wind turbine at its manufacturing facility in Salzbergen, Germany, to meet 18 months of contractual commitments from customers, totaling more than 1 gigawatt of power. One gigawatt of electricity represents enough power to service more than 1 million European households.”
GE’s has put considerable stake into its technology and its commitment to cleaner energy:
“’GE has invested more than $100 million in launching its 2.5xl wind technology, services and expanding its Salzbergen facility,’ Victor Abate, vice president-renewables for GE Energy stated in the press release. ‘As GE's European Renewable Energy Center of Excellence, the Salzbergen site is the base for the serial production of the 2.5xl wind turbine--a high reliability machine specifically designed to meet the immediate requirements of Europe, where the lack of available land can constrain the size of projects.’”
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