GE Renewable Energy Announces Closure of Wind Turbine Operations in Brazil

The Multinational GE Renewable Energy Announced That It Will End Its Activities With Wind Turbines in Brazil, Benefiting the Market for WEG and Generating Negative Impacts for Aeris Energy.

The GE Renewable Energy, a division of the American multinational focused on renewable energy generation equipment, announced that it will cease the production of wind turbines in Brazil. This news is expected to have a significant impact on the national sustainable energy sector, considering that GE Renewable Energy is one of the largest suppliers of wind turbines in the country.

GE Renewable Energy Will Continue to Manage Already Contracted Projects

The multinational has over 3,000 wind turbines already in operation in the country, accounting for about 30% of the total market, serving almost all major generators. Other major suppliers include WEG, the German Nordex Acciona, and the Danish Vestas.

GE Renewable Energy confirmed the end of its operations; however, it states that it will continue to manage already contracted wind turbine projects and maintain the turbines in operation. The company claims that this move aims to realign operations with the current market reality, preparing its business for the future.

A source close to the company was more straightforward, stating that GE Renewable Energy has been losing a significant amount of money with the wind turbines operating in Brazil in recent years. This move is expected to have positive repercussions for WEG, which just “removed from its path” one of its biggest competitors in Brazil.

For Aeris, which produces wind blades sold to WEG, Nordex, Vestas, and GE Renewable Energy, the departure of the company may be negative, as it will lose one of its potential clients. A major client of the company stated that both the sector in general and Brazil should try to reverse the company’s decision.

GE Renewable Energy Wind Turbine Factory in Bahia Will Remain Active

The maintenance and operation service areas and the activities of the factory in Camaçari, Bahia, for export, remain active to fulfill the company’s projects and contracts with clients.

In a statement, the company says it shares with its employees in Latin America a set of actions related to the transformation of its International Onshore Wind business aimed at adapting to the current market reality, preparing the business for the future.

The multinational reaffirms its total commitment to serving its clients and supporting all employees residing in the region. It is important to highlight that in addition to the wind turbine plant in Bahia, GE also has a blade manufacturing unit at the Port of Suape (PE).

Get to Know GE Renewable Energy Better

GE Renewable Energy harnesses the most abundant resources on earth, such as the power of wind, water, and solar heat, to power the world’s largest economies and the most remote communities. With an innovative spirit and an entrepreneurial mindset, it designs energy products, digital services, and grid solutions that deliver industry-leading value to its customers around the globe.

Currently, the company has 400 GW of renewable energy installed worldwide, 49,000 wind turbines installed globally, holding 25% of the global hydropower installations and 90% of utilities equipped with its grid solutions.

The multinational GE Renewable Energy observes the promise of renewable energy wherever it goes. Its team possesses the courage, passion, scale, diversity, and agility necessary to fulfill that promise where and how the world needs it.

Together with its customers, the company is demonstrating that no one needed to choose between affordable, reliable, or sustainable energy.