GE Plans $1 Billion Annual Investment In Renewables, Has Spent $10 Billion So Far

摘要

General Electric Co.'s Energy Financial Services unit plans to invest more than $1 billion a year on renewable power projects. That will build upon the $10 billion GE already has invested in 17 gigawatts of mostly wind and solar plants since forming the unit in 2006, EFS Chief Executive Officer David Nason said. Those plants help avert 26 million tons of greenhouse gas emissions annually, the equivalent of 5.6 million cars. Renewable power is EFS's fastest growing energy market, and investing in power plants is also a way to spur sales of equipment from Stamford, Conn.-based GE, Nason said.