GE is expanding its wind turbine business in India with a $50 million investment by its Energy Financial Services division. The division will partner with a subsidiary of India's Greenko Group PLC, which is spending $65 million on the venture. GE's investment will help Greenko develop a series of wind projects in the Indian states of Maharashtra, Andhra Pradesh, Karnataka and Rajasthan. Greenko already has a 65-megawatt wind farm in Maharashtra under development. The farm, which will use GE turbines, is expected to be completed in December. Details
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Jim Lucy Blog
Chief Editor
Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.