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© 2019, General Electric Company. Proprietary information. All rights reserved. GE RENEWABLE ENERGY JANUARY 2020 GE Renewable Energy

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Page 1: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

© 2019, General Electric Company. Proprietary information. All rights reserved.

GE RENEWABLE ENERGYJANUARY 2020

GE Renewable Energy

Page 2: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

© 2019, General Electric Company. Proprietary information. All rights reserved.

OU R P U RP OSE:

GE Renewable Energy harnesses the earth’s most abundant resources – the strength of the wind, the heat of the sun and the force of water; delivering green electrons to power the world’s biggest economies and the most remote communities.

With an innovative spirit and an entrepreneurial mindset, we engineer energy products, grid solutions and digital services that create industry-leading value for our customers around the world.

W H AT W E D O

One of the broadest portfolios in the renewable energy industry to provide end-to-end solutions for our customers demanding reliable and affordable green power. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as well as hybrid renewables and digital services offerings.

KEY T ECH NOLOGI ES

HydroLM Wind Power GridOffshore WindOnshore Wind Digital ServicesHybrid Solutions

GE Renewable Energy: Unleashing Limitless Energy

Page 3: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

© 2019 General Electric Company. Proprietary. All Rights Reserved. 3

400+GWINSTALLED BASE THE

WORLD’S LARGEST CLEAN ENERGY FOOTPRINT

25%+OF WORLD’S HYDRO

INSTALLED BASE

42,000+WIND TURBINES

INSTALLED GLOBALLY

40,000+GLOBAL EMPLOYEES

80+COUNTRIES

GE Renewable Energy

$15BREVENUE

90%OF UTILITIES WORLD-

WIDE EQUIPPED BY GE GRID SOLUTIONS

>20% OF GLOBAL RENEWABLE

ENERGY CAPACITY ISPROVIDED BY GE TURBINES

Page 4: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

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© 2019, General Electric Company. Proprietary information. All rights reserved.

ONSHORE WINDGE Renewable Energy

Page 5: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

© 2019 General Electric Company. Proprietary. All Rights Reserved.

Onshore WindOVERVIEWGE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site economics and performance over the life of your wind farm, making renewables the energy of choice for a cleaner future.

SERVICE OFFERINGS• Smart, modular turbines created for a variety of wind

environments and uniquely suited for the needs of a broad range of wind conditions.

• Featuring rated capacities from high to low wind speeds

PRODUCTSCypress Wind Turbine Platform, GE’s largest and newest onshore turbine platform, which includes the 4.8-158 and 5.3-158, suitable for low to medium wind sites

3 MW Wind Turbine Platform – Powerful and efficient turbines for a variety of wind regimes

2 MW Wind Turbine Platform – Proven performance, reliability and availability

*Trademark of General Electric Company

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Onshore WindWITH PRESENCE IN MORE THAN 35 COUNTRIES

TOTAL INSTALLED BASE OF 35,000+ WIND TURBINES

WITH OVER 62GW GLOBAL INSTALLED CAPACITY

Setting new standards for annual energy production and levelized cost of electricity (LCoE)

Page 6: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

WIND CLASS: IEC (S)

ENERGY YIELD: 20+ GWh/yr

POWER:

4.8 MW to 5.3 MW

50%GROWTH OVER TIME … INCREASE IN AEP OVER GE’S 3 MW

158 mADAPTS TO MEET YOUR NEEDS

GE Renewable Energy

Cypress Platform

Designed to Grow and Adapt

BUILT ON PROVEN TECHNOLOGY• Two-piece blade enables improved logistics and siting

potential, onsite assembly

• Drive train builds on 30,000+ unit experience with 2X and 3X platforms

• Proven doubly-fed induction generator (DFIG) technology

• Meets demanding grid integration requirements through intelligent control systems

• Flexibility to provide many noise reduced operation modes

• Condition-based and predictive services to ensure more reliability, uptime and production

Improving AEP, driving down LCOE

Innovative Carbon Two-Piece Blade Design by LM Wind Power

GE’s Largest, High Efficiency Onshore Turbine

© 2019 General Electric Company. Proprietary. All Rights Reserved.

Page 7: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

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© 2019, General Electric Company. Proprietary information. All rights reserved.

SUCCESS CASESGE Renewable Energy

Page 8: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

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Case Study: Björkvattnet wind farm, Sweden

175-MWONSHORE WIND FARM

CYPRESSPLATFORM

GE DIFFERENTIATORS

Developer:The project was developed by Vindparken and WindSpace, with

support from GE Renewable Energy, and sold to InfraVia Capital

Partners, a French infrastructure investor.

Wind Farm:• 33 5.3-158 CYPRESS turbines (175 MW)

• 25-years Full Services Agreement

• Located 470km north of Stockholm

• Enough to power over 175 000 homes in Sweden

• This project will play a significant role supporting the country’starget to become fossil fuel-free by 2040

GE additional differentiators:The Björkvattnet project demonstrates GE’s unique capability to work

across the value chain in onshore wind, complementing customer

needs and goals, with a broad skill set of project development,capital markets, value engineering, turbine application, andofftake solutions. GE provided the project with development

support, offtake solutions, technical and commercial optimization,

and equity syndication expertise through GE Energy Financial Services

Page 9: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

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Case Study: Lithuania

67.5-MWINSTALLED

24 * 2.5-120 / 110 HH(WF Silute)

3 * 2.5-120 / 120 HH (WF Anyksciai)

12% MARKET SHARE (#3)Jan 2020

MORE TO COME …CYPRESS PLATFORM

Page 10: GE RENEWABLE ENERGY · Onshore Wind OVERVIEW GE Renewable Onshore Wind is committed to our customers’ success. We offer a broad portfolio of products & services that enhance site

© 2019, General Electric Company. Proprietary information. All rights reserved.

GE RENEWABLE ENERGYJANUARY 2020

GE Renewable Energy