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GE Teaming with Local Winslow Group to Develop its First Wind Project in Bulgaria /2011-04-14/

Project Reinforces GE’s Growing Role in Southeast Europe.

General Electric, working with local partner Winslow Group, is developing its first wind farm in Bulgaria, a project that will help the country move a step closer to its European Union commitment to produce 16% of its energy from renewable sources by 2020.

The project, which is expected to generate up to 69 megawatts of power using GE wind turbines, was announced today at the International Exhibition on Energy Efficiency and Renewable Energy for Southeast Europe, being held at the Inter Expo Center in Sofia.

The project will be located on agricultural land near the villages of Yagnilo, Stan and Pamoukchii in the Vetrino and Novi Pazar municipalities of northeastern Bulgaria.

“The Bulgarian government is in the process of redefining its renewable energy policy, and the approval of a new renewable energy standard (RES) is expected within a few months. Our project not only supports Bulgaria’s national clean energy goals, it also will create jobs in an undeveloped, rural area,” said Yanik Mekushin, CEO of Winslow Wind Power JSC, a unit of Winslow Group, a Bulgarian real estate developer. “Working with GE, one of the world’s leading suppliers of proven wind turbine technology, gives us great confidence in the long-term success of this initiative.”

The Winslow project further reinforces GE’s role as a leading player in the renewable energy sector of southeast Europe. GE wind turbines and services have been selected for several major projects throughout the region including the Fantanele project in Romania, whichwill become one of the largest wind farms in Europe.

Like the Fantanele project, the Winslow wind farm will feature GE’s 2.5MW class wind turbine, which is designed to yield the highest annual energy production in its class. GE’s globally installed fleet has grown to more than 16,000 and the company’s 1.5‑megawatt wind turbine is the most widely used wind turbine in the world with over 15.000 units installed. Both the 1.5 and the 2.5 wind turbines are certified under ecomagination, GE’s company-wide commitment to develop products and services with lower environmental impacts.

“The 2.5 MW class wind turbine is another example of how GE develops innovative and ecological solutions that our customers can rely upon and trust,” said George Bises, Project Development Manager for GE GDSI. “As the Winslow project will demonstrate, our technology can support Bulgaria’s broader goals to diversify its energy sources and decrease its energy dependency on fossil fuels. Teaming with Winslow illustrates our strategy to partner with local companies as we work to help countries in Europe and worldwide meet their cleaner energy objectives.”

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