GE Wins $3.6 Billion of Agreements to Buy Higher-Output Turbine

General Electric Co. (GE) has agreed $3.6 billion of sales for a wind turbine model it began selling a year ago that generates higher-than-normal energy output.

GE expects to install more than 1,500 of the 1.6-100 model turbines by next year in countries including Brazil, Turkey, the U.S. and Canada, the Fairfield, Connecticut-based company said.

The model, with a rotor diameter of about 100 meters (330 feet), offers 19 percent higher annual energy production at wind speeds of 7.5 meters a second, GE said in an e-mailed statement.

Vestas Wind Systems A/S (VWS) and Siemens AG are among companies also developing turbines that cut the cost of generating power. Vestas said today it developed a turbine for high winds.

To contact the reporter responsible for this story: Sally Bakewell in London at

To contact the editor responsible for this story: Reed Landberg at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.