GE (NYSE: GE) has signed contracts to supply 88 wind turbines to HECIC New Energy Co., Ltd, one of China’s wind energy developers, for three new projects in Hebei and Shanxi Provinces.
The new wind farms will add 132 megawatts (MW) of installed wind power
capacity for China, which currently ranks fourth, behind only the
United States, Germany and Spain in wind power production.
China’s plan to add 150 gigawatts of installed wind power capacity by 2020 would require it to install approximately 11.5 gigawatts of installed wind power capacity per year from 2009-2020.
To date GE has committed to supply 895 units of 1.5-MW wind turbines to China. China is aiming to increase power generation from renewable sources to 15% of the nation’s total by 2020. To achieve this, China will need to strengthen development on solar, wind and biomass energy
“The development of wind power is a key economic growth area for China and plays a critical role in achieving our national target to increase to 150 gigawatts of installed wind energy capacity by 2020,” said Dr. Cao Xin, General Manager of HECIC New Energy Co., Ltd. “As a corporate citizen of China, our strategy is to apply the most advanced and reliable technology and technological expertise for every project that will help China reach its goal of achieving clean energy.”
In 2008, HECIC New Energy Co., Ltd purchased 66 GE wind turbines for projects for which commissioning has been completed. The wind turbines for the HECIC New Energy projects will be equipped with Low Voltage Ride-Through and Wind Farm Management Systems, which GE says are advanced and grid- friendly connection technologies, enhancing reliability and stability of the wind turbine.
GE started doing business in China as early as 1906 and currently runs 36 wholly owned or joint venture companies in China ranging from manufacturing, service, research and development, financial services and sourcing, with a total workforce of over 13,000.
Earlier this week GE announced plans to hard-wire the city of Yangzhou in China’s Jiangsu province to serve as a demonstration for smart grid technologies.
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