GE plans $35m wind turbine plant in Brazil

General Electric (NYSE: GE) plans to build a $35m plant in the northeastern Brazilian state of Bahia to assemble wind turbines as the market for wind power surges in the South American country.

The plant will be built during the next six to 12 months, Reinaldo Garcia, head of the company's operations in Latin America, told reporters in Rio de Janeiro.

Reinaldo Garcia of GE

Today’s Energy Solutions online report that Brazil has seen interest in wind power projects take off over the past decade.

The Latin American nation has been adding about 2000 MW of new wind-power capacity every year as prices for wind power fall below the costs of other sources.

GE reportedly has secured about one-fifth of the supply contracts for those Brazilian wind farms.

For more wind power news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...