Bloomberg News

General Electric to Supply 22.8 Megawatts for Wind Farm in Italy

October 28, 2013

General Electric Co. (GE:US), the largest U.S. producer of wind turbines, agreed to supply 22.8 megawatts of systems to Toto Costruzioni SpA for a power plant in southern Italy.

The order is the first for the company’s 2.85-megawatt turbines in Italy, according to a statement today on Fairfield, Connecticut-based GE’s website. Terms weren’t disclosed. Italy plans to install 560 megawatts of wind power a year through 2020 to meet the European Union’s goal of generating 20 percent of its electricity from renewable sources.

The project in Italy’s Puglia region will generate enough power for about 15,000 homes, according to the statement.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net


Toyota's Hydrogen Man
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • GE
    (General Electric Co)
    • $25.62 USD
    • 0.48
    • 1.87%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus