GE Announces Expanded Portfolio Of Highly Differentiated Solar Solutions
Washington DC (SPX) Oct 18, 2010 GE has announced several additions to its growing portfolio of technologically advanced solar products and services. New solar system, inverter and panel products will enhance GE's ability to provide a complete range of offerings for use in multi-megawatt projects globally. As one of the leading providers of Renewable Energy products and services, GE is committed to offering best-in-class technology at the lowest cost of electricity. Over the last decade, GE has established itself as a global leader in the wind industry, installing more than 21 gigawatts of wind turbines around the world. "The dramatic transformation and growth that has occurred in the wind industry has taught us a lot about what it takes to succeed in the Renewable Energy sector," said Victor Abate, vice-president of Renewable Energy for GE Power and Water. "Our strategy in wind and solar is to deliver best in class technology that drives performance and reliability improvements in order to offer our customers the best total value." GE has spent the last several years working to develop its solar portfolio. The company took a look at the biggest barrier for adoption of solar technology - cost - and built its portfolio around the goal of offering the lowest cost of electricity in the industry. GE's robust solutions for every part of the solar system are backed by GE's technical depth and are supported by GE's global service network. GE's solar product portfolio includes: + Thin Film Solutions: GE is announcing two commercially available thin film products. Working together with PrimeStar Solar, Inc., GE has made significant advancements in the commercial development of a Cadmium Telluride (CdTe) thin film product. Panels from PrimeStar's 30 MW manufacturing line in Arvada, Colorado will be commercially available in 2011, and plans are underway to ramp up capacity. The companies recently celebrated a milestone when cell efficiencies topped 15 percent on commercial glass. GE also announced that it has entered into a technical and commercial agreement with Solar Frontier, a subsidiary of leading Japanese energy business Showa Shell Sekiyu, K.K., whose 900 MW factory will come online in early 2011. GE is offering the thin film panels individually and as a part of GE's optimized system. In addition, GE is providing its power plant expertise to enhance Solar Frontier's CIGS technology for use in utility scale solar installations. + Brilliance Solar Inverters: Based on the proven power conversion unit employed in GE's 14,000 1.5 MW wind turbines world-wide, GE's 700 kilowatt (kW) and 1 megawatt (MW) solar inverters offer unparalleled reliability and proven performance. The Brilliance inverter comes enabled with SunIQ, GE's monitoring and controls platform of grid-friendly features that allow a large-scale solar system to operate similar to a conventional power plant. + Utility Scale Solar Plants: Including the Brilliance solar inverter technology, components matched for optimized installation and grid integration, and GE's thin film technology, GE's system solution offers the lowest cost of energy. GE's standard design is easily scalable, and is available in both 700 kW and 1 MW power blocks. "With these competitive solar solutions, GE is establishing itself as the global leader in the Renewable Energy space," said Abate. "In addition to offering leading technology, GE can also offer the unique bankability that comes with one of the world's leading brands." With over one billion dollars already invested, GE plans to continue to grow its portfolio of renewable energy products and services. GE is bringing together global resources and expertise to advance the research and development of next generation solar products that will further reduce total installed system costs.
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