25 Nov '17, 11am

GE and Green Investment Partner on 650 MW Wind Farm in Sweden

The European Investment Bank signed a €180 million ($209 million) financing agreement to aid in the construction and operation of the wind farm. Of the EIB financing €100 million ($116 million) are backed by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe . GE Renewable Energy will supply 179 of its 3.6 MW turbines with 137 meter rotors, a turbine ideally suited for the project site's wind speeds and climate. The turbine blades will be equipped with an innovative ice mitigation system by LM Wind Power, ensuring a stable level of availability and reduced downtime. GE is also providing a 20-year Full Service Agreement, and through its Grid Solutions business, will provide the high voltage switchgear for two collector substations at the wind farm. European Commission Vice-President Jyrki Katainen , responsible for Jobs,...

Full article: https://www.renewableenergymagazine.com/wind/ge-and-green...

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