GE Energy Opens Wind Turbine Assembly Facility In China
GE Energy announced the official opening of its first wind turbine assembly plant in China. Located in Shenyang, the multi-million dollar facility will provide local support for the growing wind power industry in China and Asia.
The GE Energy (Shenyang) Co. Ltd. facility, wholly owned by GE, is designed to produce 1.5-megawatt wind turbines. The first wind turbine assembled at the Shenyang plant was completed in late March of this year, and the delivery of the first units is expected by July. The wind turbine assembly plant is located adjacent to two other GE joint venture facilities in Shenyang: GE Liming Gas Turbine Component Co., Ltd. and GE Shenyang Turbomachinery Technology Co., Ltd. The three facilities represent a GE investment of more than US$50 million in China's northeast region.
Wind power is expected to play a significant role in supporting China's national target to create 30 gigawatts of new, renewable energy capacity by 2020. With a potential wind power capacity of 250 gigawatts onshore and 750 gigawatts offshore, China holds the largest wind resource of any country in the world. Over the past two years, GE has committed a total of 700 megawatts of its advanced wind turbine technology for China, which can power approximately 700,000 Chinese homes – while preventing future carbon dioxide emissions of more than 1.4 million tons per year. These projects include a total of 173 units announced in 2005 for four new wind farms in Hebei, Xinjiang and Jiangsu provinces; and 24 units announced in 2004 and 2003 for the Chongming and Nanhui projects in Shanghai, and the Huitengxile wind project in Inner Mongolia.
In May of this year, GE signed a memorandum of understanding (MOU) with China's National Development and Reform Commission to expand cooperation in the development of advanced environmental technologies, including wind power. GE also will invest up to $50 million in ecology-related research and development funds at its China Technology Center in Shanghai over the next five years.