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December 11, 2007 – Vol. 12 No.38 GE Energy To Provide 333 Wind Turbines to Noble Environmental Power. The contract valued at approximately $650 million will add nearly 500 megawatts of wind power capacity to the renewable energy supply of the US. Noble Environmental Power will use the turbines for new and expansion projects in New York and Texas. The turbines ordered will be GE’s popular 1.5 megawatt model. More than 6,500 are installed or committed for projects worldwide. The new agreement is the fourth wind turbine supply contract that GE and Noble have signed over the past three years, adding up to 877 GE 1.5-megawatt wind turbines with a total value of more than $1.5 billion.
“We are pleased that Noble continues to show confidence in the reliability and availability of our technology,” said Victor Abate, vice president-renewables for GE Energy. “By again selecting our 1.5-megawatt wind turbines, Noble will be able to leverage spare parts, knowledge and experience across the entire fleet.” The wind turbines in this latest agreement will be shipped during 2009, with most of the projects expected to enter commercial operation by the end of that year. They will support the Renewable Portfolio Standards for the states where they are located. Noble Environmental Power, of Essex, Connecticut, has projects under development in ten states, including New York, Vermont, New Hampshire, Maine, Michigan, Wyoming and Texas. (12/11/07)
Links: GE Energy Noble Environmental Power
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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