Deals
GE May Revive Turkey Wind Turbine Production Plans
This article is for subscribers only.
General Electric Co., which aims to expand its Turkish energy business as the state sells power assets, may revive a plan developed before the 2008 credit crisis to build wind turbines in the country.
Local unit General Elektrik Ticaret & Servis AS may start manufacturing turbines and so-called nacelle casings, with half the output likely to be sold within Turkey as the government targets a 20-fold increase in wind capacity by 2020, said Mete Maltepe, head of GE’s local energy unit.