GE’s extraordinary performance in December came as the US Congress passed a five-year extension to the wind production tax credit, giving project developers and turbine makers’ R&D teams more visibility in the US market than they’ve had in years.
Yet only half of the new capacity ordered up by GE’s customers last month came in the US. The other half was spread across six countries – Brazil, India, France, Germany, Turkey and the UK – reflecting GE’s intense efforts to diversify its wind business away from the US market, where it is the dominant supplier.
“We
