GE investing $5 billion in Turkey’s wind market, with turbine factory

http://english.sabah.com.tr/economy/2013/11/15/ge-to-invest-bigtime-in-wind-energy-in-turkey

The environmentalists trying to protect the birds might not be happy, but as Turkey continues to be the address for investments for some of the world’s largest mega companies, General Electric takes the lead in wind. The biggest maker of wind turbines in the US, says it will be making an over USD 5 billion investment in building a 3,000 megawatt wind power plant.

The scope of this investment, as the daily newspaper Sabah reported, will be larger than the current wind energy power plants in operation all over Turkey.

GE plans to establish a wind energy turbine factory in Turkey. The most critical factor in this agreement consists of the transfer of technology to Turkey.

Here’s the GE commercial in Turkish, about wind energy

Turkey, now experiencing the fastest rise in electricity consumption in the world, after China, will be doubling its electricity consumption by 2023.

In addition to its nuclear, hydro, solar power and domestic coal sources, a USD 30 billion investment is planned into Turkey’s future in order to produce 20,000 megawatts of power wind energy.

GE, on its website estimates that Turkey has 48,000 megawatts of potential wind power capacity.

The Danish company Vestas is also getting in on the Turkish wind business, most recently in the Sivas Provence, with a 44 MW turbine sale.

Read more on Turkey and wind power here:
Turkey’s Largest Wind Plant to Power 170,000 Homes
Local Wind Energy Industry Emerges In Turkey 
Hidden Costs of Constructing Wind Farms in Turkey … – Green Prophet
Turkey Blowing and Going on Wind Energy 
Tektuğ Elektrik Group Enters Turkey’s Expanding Wind Energy

Karin Kloosterman
Karin Kloostermanhttp://www.greenprophet.com
Karin Kloosterman is an award-winning journalist, innovation strategist, and founder of Green Prophet, one of the Middle East’s pioneering sustainability platforms. She has ranked in the Top 10 of Verizon innovation competitions, participated in NASA-linked challenges, and spoken worldwide on climate, food security, and future resilience. With an IoT technology patent, features in Canada’s National Post, and leadership inside teams building next-generation agricultural and planetary systems — including Mars-farming concepts — Karin operates at the intersection of storytelling, science, and systems change. She doesn’t report on the future – she helps design it. Reach out directly to [email protected]

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14 COMMENTS
  1. […] ¶   General Electric, the biggest maker of wind turbines in the US, says it will be making an investment of over $5 billion in building a 3,000 MW wind power plant in Turkey. The wind farm will more than double Turkey’s installed wind capacity. [Green Prophet] […]

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