Renewable Energy Stock News ; GE (NYSE: GE) Announces Major European Offshore Wind Expansion

.

Germany
A new engineering center in Hamburg will feature product development, application engineering and advanced technology. GE also plans to expand its resources at its existing wind turbine manufacturing facility in Salzbergen, as well as the GE Global Research Center in Munich. This will result in approximately 100 jobs and a €105 million investment related to GE’s offshore wind business in Germany by 2016.

United Kingdom
GE plans to establish its offshore wind turbine manufacturing in the United Kingdom. In addition, GE will locate application and service engineering resources in the country and will bring partners and suppliers of towers, blades, nacelles and other offshore wind components to the manufacturing facility. The plan will result in up to €110 million investment related to GE’s offshore wind business in the United Kingdom and could ultimately deliver nearly 2,000 jobs by 2020. This investment will follow the successful outcome of the U.K. government’s infrastructure competition, aimed at supporting the development of renewable energy in the United Kingdom.

About GE
GE is a diversified global infrastructure, finance and media company that’s built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With 60,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy—GE Power & Water, GE Energy Services and GE Oil & Gas—work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

For more information, visit the company’s Web site at www.ge.com. GE is imagination at work.
Contacts
GE Power & Water
Milissa Rocker, +1 518-385-2381
milissa.rocker@ge.com

____________________________________________
News and Stories Published at Clean Energy Stocks Blog.
for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.
Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010.
Join us today: http://www.investorideas.com/membership/

Affiliated Greentech Portals at Investorideas.com
Renewableenergystocks.com and Environmentstocks.com