GE positions the new $45m building as a signal of its commitment to cleaner, more efficient energy. Victor abate, vice president of renewable energy for GE Power & Water, says that commitment has already yielded tremendous growth.
“When we entered the wind energy industry in 2002, it was a $200 million business for us,” Abate says in a statement. ”Today it has grown significantly, with revenues topping $6 billion.”
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