GE has announced a joint venture with Harbin Electric Machinery Co., Ltd. (HEC), a subsidiary of Harbin Power Equipment Co., Ltd. (HPEC), to manufacture and supply wind turbines to its customers in China.
The new company will manufacture GE-designed wind turbines for near-shore and offshore applications in China. Under the new joint venture, HEC will own 51 per cent and GE 49 per cent of the company. As part of the overall wind partnership, HEC is purchasing a 49 per cent interest in the existing GE Shenyang Wind factory, which will continue to manufacture land-based wind turbines. GE will work with the new joint venture to develop wind turbines for offshore projects in China using direct drive technology. The joint venture will also provide customer and sales support, as well as commissioning and maintenance service.
The new company will manufacture GE-designed wind turbines for near-shore and offshore applications in China. Under the new joint venture, HEC will own 51 per cent and GE 49 per cent of the company. As part of the overall wind partnership, HEC is purchasing a 49 per cent interest in the existing GE Shenyang Wind factory, which will continue to manufacture land-based wind turbines. GE will work with the new joint venture to develop wind turbines for offshore projects in China using direct drive technology. The joint venture will also provide customer and sales support, as well as commissioning and maintenance service.