Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, October 18, 2016

GE Buys LM Wind Power For $1.6B For Bigger, Cheaper Wind Turbines


GE Buys LM Wind Power For $1.6B For Bigger, Cheaper Wind Turbines

By By Greentech Media,   /  Monday, October 17, 2016 10:00 AM
Germany Seeks Ambitious Goals For Renewable Energy
As wind power expands globally, GE makes a strategic blade acquisition to stay at the top of the game. General Electric is buying one of the world’s largest wind turbine blade manufacturers, LM Wind Power, for $1.65 billion. The acquisition will allow GE to bring wind turbine blade design in-house to drive down cost fasterhttp://breakingenergy.com/2016/10/17/ge-buys-lm-wind-power-for-1-6b-for-bigger-cheaper-wind-turbines/?utm_source=hs_email&utm_medium=email&utm_content=36014125&_hsenc=p2ANqtz-8jZRlNy-W32VqPamPb9JdALbDAX6Owrqfm5yf74MdVzAZx7hxANJgyIp_qC8ppnrM2BVDMiT1OfrYk1N1cavl9EP3OPw&_hsmi=36014125

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