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Wind PowerGE will fund a wind farming project in Hawaii under its unit GE Energy Financial Services. GE maintains that renewable energy is an essential component of the "world energy mix." I stumbled across GE's in-house Global Research blog. According to a post written early this year, the company claimed that since obtaining "Enron's wind turbine assets in 2002, GE has presided over significant growth in this business." Around the same time, the independently-run EnergyBlog noted that "wind energy costs drop below conventional sources in some markets."

Ge will supply 14 of its 1.5-MW wind turbines which will be place at the south tip of the big island. Project managers estimate the farm will produce energy equivalent to power 10,000 homes.

GE begins Hawaiian wind farming originally appeared on BloggingStocks on Wed, 13 Sep 2006 17:21:00 EST. Please see our terms for use of feeds.

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