GE to produce 228 wind turbines for 2 projects
General Electric Co. and Wind Capital Group said Monday that they reached a deal for 228 wind turbines along with operations and maintenance services for a pair of projects in Oklahoma and Kansas.
Financial terms were not disclosed.
Under the agreement, GE will supply 94 of its 1.6-100 wind turbines for the Oklahoma project and 134 of its 1.5-82.5 wind turbines for the Kansas project. The turbines for both projects are scheduled to be delivered in the first half of 2012.
The two new projects will provide more than 350 megawatts of power and increase Wind Capital Group's U.S. wind power footprint to more than half a gigawatt, GE said.
GE said that the 1.6-100 wind turbine to be used in the Oklahoma project is one of its most advanced. It features a 100-meter rotor diameter and offers a 47 percent increase in swept area, resulting in an 18 percent increase in annual energy production compared with previous models.
The 1.5-82.5 wind turbines to be used in the Kansas project are part of GE's line of 1.5 machines. More than 16,500 are installed worldwide.
In afternoon trading, GE shares fell 16 cents to $17.76.