GE scores 235-turbine Texas deal

General Electric has won a contract to supply 235 of its 1.7-100 wind turbines for a Texas project being co-developed by a subsidiary of New Generation Power (NGP) and an unnamed partner, Recharge learns.

The unpublicized deal is among the largest for GE over the past year in the booming wind market in Texas, where it has also landed large supply contracts with project owners such as CPV Renewable Energy, EDF Renewable Energy, Invenergy and Starwood Energy.

An executive with knowledge of the deal says it was structured to help allow the asset owners to qualify for the federal production tax credit (PTC) that expired last 31 December.

Most projects that will qualify for the incentive will get built this year and 2015, benefitting from the provision that allows work of a Log in to read complete article.

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