NewEnergyNews More: GE MAKES MAJOR MOVES IN WIND

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  • Tuesday, November 24, 2015

    GE MAKES MAJOR MOVES IN WIND

    3 Ways General Electric Just Got Serious About Wind Energy; General Electric Company wants to win the wind war.

    Justin Loiseau, November 23, 2015 (Motley Fool)

    "General Electric Company is taking its wind energy growth strategy to the next level…After folding in recently acquired Alstom's power and grid business, General Electric Company just announced that it's officially creating its own renewable energy business unit…The move makes sense. Alstom brings with it a suite of complementary renewable resources, expanding both the scope and quality of General Electric's current offerings. Globally, Alstom laid claim to the world's largest installed renewable energy base (370,000 MW)…While ‘growth by acquisition’ of a $10.6 billion company and a business unit restructuring may not seem like major signals that General Electric Company is getting serious about wind energy, there are three reasons that this is actually a big deal. Click through the slideshow below for three ways these recent developments signal GE's seriousness…” click here for more

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