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GE Secures Orders for 110 Megawatts of GE's Brilliant 2.5-120 Wind Turbines in Germany

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Original Press Release

GE Secures Orders for 110 Megawatts of GE's Brilliant 2.5-120 Wind Turbines in Germany

Press release date: March 10, 2014

Orders Support Germany's 'Energiewende' Initiative to Increase Highly Effective, Cost-Efficient Decentralized Power Generation Capabilities in Low-Wind Regions
44 Highly Efficient 2.5-120 Turbines to be Installed at Multiple German Wind Farms
GE's Brilliant Turbines Harness the Power of the Industrial Internet

BARCELONA, SPAIN — Today, GE (NYSE: GE) announced 110 megawatts of orders to supply some of Germany's newest wind farms with its brilliant 2.5-120 wind turbines, further establishing the company as a leading supplier of renewable resources in the region. It will supply a total of 44 GE 2.5-120 wind turbines for eight new German wind farms.

"GE's 2.5-120 wind turbines are a good fit for Germany's low-wind speed regions. We chose these in particular because of their good cost-performance ratio, and we expect high reliability based on the long history and experience with former GE turbine types. In addition, the high ratio between rotor diameter and rated power enables us to produce a maximum of full load hours at low-wind speeds—a key factor for a successful energy transition in Germany," said Matthias Willenbacher, CEO, Juwi Group.

The high-capacity factor of GE's 2.5-120 wind turbine supports Germany's "Energiewende" directive, which is focused on delivering highly effective, reliable, cost-efficient decentralized power generation capabilities to low-wind speed sites in the middle and southern portions of the country. With the use of renewable energy sources such as wind turbines, Germany can reduce its reliance on foreign energy—currently more than 70 percent of German energy is imported—while at the same time strengthening its economy through localized wind farm ownership and energy production.

GE will provide the wind turbines to Juwi, Pfalzwerke, Max Bögl Wiesner and Abo-Wind. The majority of the orders are for framework agreements with Juwi and Pfalzwerke in southern Germany, with the first project, located at Juwi's Rehborn wind farm, currently under construction. Recent orders for GE's 2.5-120 wind turbines at German wind farms include:

Juwi's Gundersheim farm: six units.
Juwi's Offenbach farm: six units.
Juwi's Rehborn farm: 14 units.
Abo-Wind's Waechtersbach farm: three units.
Max Bögl Wiesner's Fuerth farm: three units.
Bögl's Kraefft farm: five units.
Pfalzwerke's Oberndorf's farm: two units.
Pfalzwerke's Goellheimer Wald farm: five units.

A large majority of the orders include long-term full service agreements, which maximize turbine operating performance and life by adding predictive condition monitoring services, unplanned maintenance coverage and advanced services as well as options for turbine performance and life extension enhancement.

"Our 2.5-120 wind turbines utilize the Industrial Internet and combine world-class efficiency and power output at low-wind speed sites, providing wind farm operators with greater returns on investment than previously obtainable," said Cliff Harris, general manager of GE's renewable energy business in Europe.

The 2.5-120 is GE's first brilliant wind turbine to utilize the power of the Industrial Internet, which analyzes tens of thousands of data points every second to drive higher output, improve services productivity and create new revenue streams for customers.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world's most complex challenges related to water availability and quality. Power & Water's six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE's largest industrial business.

Follow GE Power & Water and GE's renewables business on Twitter @GE_PowerWater and @GErenewables.

Media contacts:

Lindsay Theile
GE Power & Water
Phone: +518-385-3194
Email: lindsay.theile@ge.com

Laura Aresi
+39 02 67335622
GE Power & Water
Phone: +39 335 6978871
Email: laura.aresi@ge.com

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