GE Energy Financial Services has invested more than $15bn in over 16GW of renewable energy projects worldwide.
Over $5bn has been invested in the last three years alone, GE Energy Financial Services said.
The investments cover 17 countries, with wind representing 75% of the projects, 18% solar and 7% other renewables technologies.
Recent offshore wind investments include the 30MW Block Island project in the US and the 396MW Merkur scheme in Germany.
GE Energy Financial Services president and chief executive David Nason said: “Renewable energy has a vibrant future with demand increasing across the world, and it creates jobs and addresses global environmental challenges.”
Meanwhile, GE Renewable Energy has repowered 300 wind turbines in the US, the equivalent of adding 75 wind turbines worth of output.
GE Renewable Energy vice president and services chief executive Anne McEntee said: “The pepower program can include increasing a turbine’s rotor size, and upgrades to the gearbox, hub, main shaft, and main bearing assembly.”
GE will partner with NextEra Energy Resources on the latter company’s next repowering program.
Image: GE
