General Electric (GE - Free Report) recently announced that its new 2.5-120 wind turbine, expected to be the world’s most efficient high-output wind turbine, has become operational at a test site in Wieringermeer, the Netherlands.
The new 2.5-120 wind turbine is best suited for dense forest places like Europe and Canada with a tower, which has a maximum hub height of 139 meters. The turbine’s advanced controls and the 120-meter rotor enable the wind farm operators to generate higher returns with greater power in low wind site areas in a cost effective manner.
General Electric already has business ties with ECN – a Dutch research institute for renewable energy, to validate its newest technologies. This new 2.5-120 wind turbine is expected to be tested and validated through fall 2013.
For efficient wind management, the new wind turbine analyzes tens of thousands of data points every second, thus enabling the turbine to derive maximum energy from variable winds. With the capability of inter-turbine communication in the new 2.5-120, more turbines could be put into smaller spaces with minimal loss of overall efficiency. The new turbine is expected to increase efficiency by 25% and power output by 15% in comparison to other competitive models.
General Electric is one of the most diversified technology and financial service corporations in the world, competing with industry big wigs such as Crane Co. (CR - Free Report) and Macquarie Infrastructure Company LLC (MIC - Free Report) . Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions, and GE Capital. GE’s Power & Water segment produces gas, steam and aero derivative turbines; generators; combined cycle systems; and renewable energy solutions, as well as provides water treatment services and equipment.
General Electric currently has a Zacks Rank #3 (Hold). One of its competitors, Textron Inc (TXT - Free Report) carries a Zacks Rank #2 (Buy).