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GE to Provide Stena Renewable AB with 10, 1.6-Megawatt Wind Turbines for Project Fredriksdal in Sweden

VIENNA—February 4, 2013—Fredriksdal Energi AB, a fully owned subsidiary of Stena Renewable AB, has selected 10 GE (NYSE: GE) 1.6-100 wind turbines for its new project in Sweden. The turbines will produce 16 megawatts of electricity, enough to power 11,000 Swedish homes. GE will transport, install and commission the turbines for the wind farm during 2013 in Fredriksdal, south of Nässjö.

“After thorough evaluation and procurement we selected GE wind turbines. We prioritized long-term and stable suppliers, as well as turbine performance. We are very happy for the cooperation with GE and are looking forward to realizing this project together,” said Peter Zachrisson, managing director, Stena Renewables.

GE’s 1.6-100 is an evolutionary product from the 1.5-series wind turbine, which is the single most sold turbine platform in the world. GE’s 1.6-100 wind turbine is designed for increased performance and is the world’s most efficient wind turbine in its class. With blades and towers that extend 100 meters—equivalent to 33 stories—the 1.6-100 captures additional wind energy, a fuel that is free and domestic.

The 1.6-100 wind turbine offers a 47 percent increase in swept area over previous megawatt-class models, resulting in a 19 percent increase in annual energy production at 7.5-meters-per-second wind speed. This allows the turbine to deliver IEC Type Class II (moderate wind speed) performance while operating in a Type Class III (low-wind) environment.

“GE’s 1.6-megawatt wind turbine is built on our 1.5-megawatt platform, which has been proven time and again in projects across Europe and the United States,” said Stephan Ritter, GE’s general manager for renewable energy in Europe. “Developed for highest yearly energy production, the turbine fulfills Stena’s equipment requirements and with its best in class capacity factor our customer can get a high return on investment.”

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Services, Renewable Energy, Thermal Products and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.



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