U.S. Markets closed

GE, Taiwan Power sign five-year, $11.4M wind turbine service agreement

GE and Taiwan Power Company have signed a five-year, full service agreement covering 26 GE 1.5-megawatt class wind turbines operating throughout Taiwan. Under the agreement, valued at nearly $11.4M, GE will provide a full scope of services including planned and unplanned maintenance, repairs and spare parts. The agreement guarantees fleet availability of greater than 95%.