American manufacturing giant General Electric is striking some big deals in the alternative energy field, especially wind power.
TransWorldNews.com reports deals in China and Oregon … with potentially more deals to come … are bolstering the company’s green energy sector:
General Electric announced they will provide 88 turbines for three projected wind projects in the Hebei and Shanxi Provinces of China. The new deal positions China to potentially surpass the U.S. as the global leader in wind energy by adding 132 megawatts of wind power capacity to the nation.
Thus far, GE has already arranged to provide 895 units of 1.5 megawatt wind turbines to the world’s most populated country. Over the next decade they plan to add an addition 150 gigawatts of winpower.
Just a month ago, GE inked a similar $1.4 billion contract with an Oregon wind farm and looks to capitalize on President Barack Obama’s $2.3 billion initiative to create 17,000 “green” jobs in U.S.