GE Energy’s wind unit expected to exceed US$ 2 billion in revenue

GE Energy has received orders and commitments for 2005 that total 2,400MW of new wind power capacity worldwide. These projects represent an anticipated increase in revenue of 300% over its first-year wind operations in 2002. From US$ 500 million in revenue in 2002, GE Energy expects its wind energy revenue to grow to more than US$ 2 billion this year. Supply orders calling for 1,600 wind turbines to be installed worldwide include 1,100 wind turbines (a total of 1,650MW) for the USA.