- GE to Provide 5-Megawatt Converters Based on the MV7000 Platform to XEMC Windpower Co. Ltd
- With This and Other Recent Deals in the Chinese Offshore Wind Segment, GE is on Its Way to Becoming a Key Player in the Region When It Comes to Providing Low-Voltage and Medium-Voltage Technologies
BEIJING—October 19, 2016—Driven by energy security, decarburization and industrial benefit, the Chinese government has set up an ambitious plan to achieve 30-gigawatt installations by 2020 in the offshore wind industry. China’s offshore wind industry has seen robust growth over the past few years. XEMC Windpower Co. Ltd, one of China’s leading offshore Wind OEMs, is capitalizing on the opportunity and collaborating with GE (NYSE: GE) to power the future offshore wind farms in China.
GE’s Power Conversion business, a sub-business of GE Energy Connections, is set to provide its proven 5-megawatt (MW) medium-voltage (MV) converter to XEMC Windpower Co. Ltd. based on the MV7000 product platform. In offshore wind farms, equipment reliability is one of the primary concerns for farm operators and owners. With prototypes of similar technologies already installed and operational for decades in Europe and China, GE’s 5-MW MV7000 converters are the ideal fit for the rapidly expanding Chinese offshore industry. MV solutions create less loss compared to their low-voltage counterparts, which is of utmost importance when the wind farms are located far away from the shores.
Thanks to its strong local presence, industry know-how, local manufacturing capability and years of on-site experience in China, GE is well-positioned to not only understand the demands of the regional players but also cater to their needs in a quicker and more efficient manner. All converters will be manufactured in GE’s factory located in Shanghai, which aptly demonstrates GE’s commitment of being “In China, For China.”
“With GE’s proven technology and a thorough understanding of the needs and requirements of the regional players in the industry, we are capable of providing the right solutions that meet our Chinese customers’ requirements,” said Francesco Falco, chief commercial officer, GE’s Power Conversion business. “We are confident that GE's local presence and reliable solution will provide our customers with considerable value.”
In addition to the deal, GE’s Grid Solutions business, a sub-business of GE Energy Connections, can offer an optimized solution for smooth grid integration. Together, GE Energy Connections is well-positioned to help meet local energy demands by managing electricity from generation to grid integration.
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com
About GE Energy Connections
GE Energy Connections designs and deploys industry-leading technologies that turn the world on. We transport, convert, automate and optimize energy to ensure we provide safe, efficient and reliable electrical power. Uniting all the resources and scale of the world’s first digital industrial company, we connect brilliant machines, grids, and systems to power utility, oil & gas, marine, mining and renewables customers, that keep our world running. For more information, please visit www.geenergyconnections.com.
About GE’s Power Conversion business
GE’s Power Conversion business, a business unit of GE Energy Connections, applies the science and systems of power conversion to help drive the electrification of the world’s energy infrastructure by designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future. Serving specialized sectors such as energy, marine, oil and gas, renewables and industry, through customized solutions and advanced technologies, GE Power Conversion partners with customers to maximize efficiency. To learn more, please visit: www.gepowerconversion.com