GE nabs wind turbines service job from Taiwan Power
Dec 19, 2012 - US conglomerate General Electric (NYSE:GE) said Tuesday it had signed a five-year full service agreement (FSA) with state-owned Taiwan Power Co for 26 pieces of GE 1.5-MW wind turbines erected across Taiwan.
The deal is worth some USD 11.4 million (EUR 8.6m) and requires GE to provide the full range of services linked to the operation of the turbines, including planned and unplanned maintenance, repairs and spare parts provision. The FSA guarantees fleet availability of no less than 95%.
A total 23 of the 26 GE machines are located in Taoyuan County, while the remaining three are in Kenting Township. The turbines generate over 110 million kWh of electricity that is enough to power 28,000 Taiwan households, according to the press release.
The deal is part of a long-term partnership between GE and Taiwan Power Co. The two companies have been working together in the nuclear power and gas turbine sectors for decades and in wind power generation since 2005.