March 26, 2010 4:46 a.m. EST
Brussels, Belgium (AHN) - General Electric is on an expansion mode. On Thursday the company announced it will develop or expand its wind turbine manufacturing, engineering and service facilities in four European nations.
As part of the expansion, GE will invest $453.7 billion (340 billion euros) to set up manufacturing plants in the United Kingdom, Norway, Sweden and Germany.
The plants will manufacture next generation four megawatt wind turbines designed for offshore deployment. It will use advanced drive train and control technologies GE got through its acquisition of ScanWInd. The technology – on a pilot test in Hundhammerfjellet in Norway – eliminate the need for expensive and difficult to maintain gearboxes.
There is no definite location for the plant in Britain, that once operational, the facility is expected to create about 2,000 jobs. The entry of GE in Britain would be welcome after a Vestas turbine manufacturer closed its plant at the Isle of Wight in August.
Ferdinando Beccalli-Falco, president and chief executive officers of GE International said in a statement, “Offshore wind will play a vital role in meeting the growing global demand for cleaner, renewable energy and has a bright future here in Europe.”
Beccalli-Falco added, “These investments will position us to help develop Europe’s vast, untapped offshore wind resources, while also creating new jobs for both GE and our suppliers.”
Source: http://www.allheadlinenews.com/articles/7018220415?GE%20To%20Build%20Offshore%20Wind%20Turbine%20Manufacturing%20Facilities%20In%204%20European%20Countries
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