in News Departments > Products & Technologies
print the content item

GE Energy has signed a global frame agreement with Energias de Portugal SA (EDP) to supply wind turbines totaling more than 500 MW of new capacity for wind projects to be developed during 2008 and 2009 in Europe and the U.S. Total value of the agreement will be $730 million, bringing GE Energy's recent wind turbine order announcements to more than $1 billion, according to the company.

Under the agreement, GE will provide EDP's U.S. branch, Horizon Wind Energy LLC, with 201 1.5 MW wind turbines for projects in the U.S., at sites yet to be determined, and will supply Neo Energia, EDP's European renewable branch, with 80 2.5xl wind turbines for new wind projects in Europe.

All of the U.S. projects will be owned by EDP-owned Horizon Wind Energy or affiliates. Sixty-seven of the GE wind turbines for the U.S. projects and 30 turbines for the European projects are expected to be commissioned before the end of 2008.

"This frame agreement with GE nearly completes EDP's wind turbine needs until 2009, which is particularly important for the success of our upcoming projects, given the high demand for wind turbines in today's market," says EDP's CEO, Antonio Mexia.


Trachte Inc._id1770
Latest Top Stories

Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008
UnitedEquip_id1995