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GE's Enhanced 2 MW-127 Turbine Selected for 2.9 Gigawatts of Projects in North America

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Schenectady, NY – February 7, 2018 – GE Renewable Energy (NYSE: GE) today announced it secured commitments for 2.9 gigawatts (GW) of its variably rated 2.2 MW to 2.5 MW onshore wind turbine with a 127-meter rotor in North America. Some of the largest commitments are for projects with Invenergy, Lincoln Clean Energy, and Avangrid Renewables.

Featuring the best-in-class capacity factor, the 2 MW-127 demonstrates the next step in turbine technology and efficiency. It also brings a significant improvement in Annual Energy Production (AEP) within the 2 MW range, reducing the cost of energy for customers with medium to low wind speed sites.

Pete McCabe, President & CEO of GE's Onshore Wind Business said, "We're delighted by the positive response from our customers to the GE 2 MW-127 and look forward to improving their project economics as we install this leading technology at wind farms across North America."

The 2 MW-127 builds on GE's 2 MW platform that has over 5.5 GW installed and operating today. It features the same proven performance and reliability with an even greater capacity factor while also increasing the AEP of GE's product offerings.

Today, GE's 2 MW platform wind turbines come digitally-equipped and ready to utilize GE's Predix core applications including its Asset Performance Management (APM), Cybersecurity, and Business Optimization (BO) solutions. The digital suite of apps enables improved business outcomes, including the lifecycle extension of the customers' wind farms and the improvement of overall farm economics through data driven insights and actions.

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About GE Renewable Energy
GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world's first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.
Follow us @GErenewables and www.gerenewableenergy.com