General Electric To Supply Wind Turbines To Turkey

Dec 17, 2012 1:45 PM ET
Campaign: Energy at GE

Posted by Peter Smith

General Electric Company (NYSE:GE) said that it would supply 43 turbines to  Fina Enerji Holding AS for wind projects in Turkey.

The wind projects will generate 97 megawatts of power which will be able to light up about 27,000 homes in Turkey. GE will supply the Kizilcaterzi wind farm, the Karadere park, the Sadilli project and the Salman venture in the nation’s west, according to a GE statement.

Turkey has plans to generate 20,000 megawatts of power via wind energy by 2013 from its current capacity of 1,800 MW now.

The country’s energy demands are growing at 6 percent annually and the opportunity that this represents has attracted turbine manufacturers such as Sinovel Wind Group Co. and Siemens AG (SIE) with premium payments for low-carbon power.

Read more about GE and wind turbines in Turkey at Quest News.