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GE Bringing Latest Technology, Global Experience into Asia's Growing Wind Energy Industry BEIJING, CHINA (November 1, 2004) — Highlighting its strong commitment to provide its global customers with cleaner and greener energy solutions, GE Energy is displaying its wide range of wind turbine technology, services and experience at World Wind Energy Conference 2004. "Over recent years, strong governmental goals to increase the use of renewable energy and decrease carbon emissions have spurred wind energy growth projections globally, including within the Asian countries," said Steve Zwolinski, CEO of GE Energy's wind operations. "With Asia's vast area and abundant wind energy resource, wind can provide a significant contribution to Asia's electricity mix in future years. GE Energy is pleased to be a part of this growth, and is supporting its customers through dedicated wind energy office locations in China, Japan, India, Korea, Taiwan and Australia. Huang Yicheng, president of the China Energy Research Association, noted at the recent China Wind Power Summit that China alone has a potential wind power capacity of 25.3 billion kilowatts, (250GW on-shore, 750GW offshore) the largest in the world. At the start of 2004, the country's installed wind power capacity was 566 megawatts, third in Asia behind India's 2,120 megawatts and Japan's 644 megawatts. GE Energy's 1.5-megawatt wind turbine technology is well-established in Asia, with 166 (75 in Japan, 47 in China, 18 in India and 26 in Taiwan) of these machines installed or committed for projects in the region, totaling 249 megawatts of new wind power capacity. GE's 1.5-megawatt wind turbines are among the most widely sold megawatt-class wind turbines in the world, with more than 2,500 global installations. GE recently announced that 14 of its 1.5-megawatt wind turbines will be supplied for the first two utility-scale wind projects to be built in Shanghai, China's largest city. (For details on the Shanghai projects, please see the related news release in this press kit.) Other Asian projects which utilize GE's wind turbine technology include: Nuziveedu Steels Ltd. Wind Power Project in India. GE is supplying 18 of its 1.5-megawatt wind turbines for this project, which will total 27 megawatts when completed by the end of this year. This marks GE's entry into the Indian wind industry. First large-scale wind power project in Taiwan. GE is supplying 26 wind turbines for the 39-megawatt project, which is part of a 10-year plan by the Taiwan Power Company to promote wind energy. Huitengxile Wind Power Plant of Inner Mongolia. GE supplied 10 of its 1.5-megawatt wind turbines for this project, located in the central part of Inner Mongolia Autonomous Region. Rokkasho-mura Wind Project in Aomori Prefecture, Japan. One of Japan's largest wind power installations, this project uses 20 GE 1.5-megawatt wind turbines to add 30 megawatts of wind energy capacity to the Japanese electricity grid. In Asia, as elsewhere in the world, GE Energy's wind segment is supported by GE's global resources. GE has been a part of the Asian landscape for nearly 100 years. In China alone, GE has been operating businesses since 1906, and has more than 11,000 employees in the country. Currently, GE operates more than 40 legal entities within China, including the GE China Technology Center, located in the Zhangjiang Hi-Tech Park in Shanghai. This facility and three similar GE global research centers located in Europe and the U.S. provide research and development support for GE businesses, including wind energy. About GE Energy GE Energy (www.gepower.com) is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries. As one of the world's leading wind turbine manufacturers, the company designs, manufactures and/or assembles wind turbines in Germany, Spain, India and the United States. GE Energy's current product portfolio includes wind turbines with rated outputs ranging from 1,500 to 3,600 megawatts, and support services ranging from project development assistance to operation and maintenance. The company has developed and/or installed more than 6,700 wind turbines with a total capacity exceeding 5,000 megawatts. For more information, contact: GE Energy: Dennis Murphy GE Energy +1 678 844 6948 dennis.murphy@ps.ge.com Ken Darling or Gina DeRossi Masto Public Relations +1 518 786 6488 kenneth.darling@ps.ge.com gina.derossi@mastopr.com > Press Contacts > More 2004 Press Releases