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Ørsted Wind Power CEO pleased with new GE giant: It puts pressure on Siemens and Vestas

It comes as good news for the competitor, that GE has announced that it will invest USD 400 million in the development of a new offshore turbine.

Photo: General Electric Company

It is a great advantage for Ørsted that one of the world's largest industrial conglomerates, US-based GE, has announced that it will build an offshore turbine, which will be bigger than any existing turbine, says the company's CEO for Wind Power, Martin Neubert, who took over the wind department and its 2,300 employees in February.

"It is definitely (an advantage to us, -ed.). Innovation and bigger turbines are crucial for lowering costs," says Neubert:

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