August 19, 2013
General Electrics continues its push to growth in the renewable markets. The U.S. Is growing but frankly international markets are advancing wind, solar, hydropower and more to manage CO2 and population demands. U.S. Companies with the ability to work beyond the domestic border have greater opportunity for growth in this developing market. The news that “GE Pushes Renewable Energy Abroad with This Move” is good move.
GE’s wind turbine investment and manufacturing is benefited by strong global demand. GE had pulled back its renewable market. The company up and down in energy can lead their domestic market head spinning.
Wall Street Cheat Sheet offered up GE announced it provided 18 wind turbines to power the Paldiski Wind Farm in Estonia, which opened this week to a ceremony attended by company officials and the country’s president. The opening of the wind farm will help the EU nation continue powering past its renewable energy goals.
“GE’s installation of 18 2.5-100 wind turbines at this Baltic location will provide Estonia with another source of power to keep the country’s renewable energy output on target. After nearing the 25-percent mark in 2010, the country pushed passed it in 2011 and seems poised to continue heading in that direction, per EU guidelines. GE is making the case for its own clean energy projects following the drop of a major solar project. Last week, GE announced it had abandoned plans to build the largest solar power plant in the U.S., a project that had a price tag of $300 million. Instead, the company regrouped and sold.”
Company’s hot-and-cold attitude in the renewable markets are like sending data packets triggering changes and perceptions to the market. The relationship of renewables to immediate profit s is a the missing link. Renewables are direct investment overtime dynamically influenced by economic and social indicators. GE’s investment can influence he market to invest or divest signaling across the supply chain as to a strong energy reality.
- Shhhh! New Low Noise Wind Turbine Blades Designed By GE (cleantechnica.com)
- GE Uses Supercomputer to Model More Efficient Wind Turbines (thegreenenergyblog.com)
- Wind ‘farms’ no success story: Fisherville letter (freewco.wordpress.com)