GE to invest USD 400 million in powerful offshore wind turbine

Signal of change / GE to invest USD 400 million in powerful offshore wind turbine

By Shola Powell / 06 Apr 2018

GE Renewable Energy plans to invest over $400 million (USD) over the next three to five years in order to deploy the largest and most powerful offshore wind turbine – the Haliade-X 12 MW. Designed and manufactured by LM Wind Power, the Haliade-X 12 will stand 260 meters above the sea, carry a 220-meter rotor, with 107-meter-long blades. GE Renewable Energy aims to supply its first nacelle for demonstration in 2019 and complete the first units in 2021.

So what?

The turbine is said to produce 45% more energy than any other offshore turbine currently available, generating up to 67 GWh annually. This is enough energy to provide clean power for up to 5,000 households per turbine, and a 750 MW wind farm could power up to 300,000 households in the US.

Large investments in wind power is enabling the technology to scale, making clean power more accessible and affordable. Meanwhile, the drive for divestment from fossil fuels is growing. 

How rapidly will GE make changes in its other divisions, such as Oil and Gas, Power and Water, and Energy Management, enabling clients to choose clean energy and resources? 

Sources

https://www.offshorewind.biz/2018/03/01/ge-unveils-operation-haliade-x-12-mw/

What might the implications of this be? What related signals of change have you seen?

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