The US industrial giant will ship some 1,800 to 2,000 turbines through the remainder of 2012, says chief financial officer Keith Sherin during GE's second-quarter conference call.
Project developers in the US are scrambling to complete what may be a record number of new installations ahead of the 31 December deadline to qualify for the production tax credit (PTC). But the absence of the PTC is expected to cause a significant drop in business during 2013, and signs of the slowdown are emerging throughout the industry.
GE
