General Electric is aiming to bring one of the globe’s most powerful offshore wind turbines to Japan, Nikkei Asia’s Arata Shigeno reports. One turbine has an output of 17-18 megawatts per unit, enough to supply electricity to roughly 24,000 typical households, and the company has boosted the power output by roughly 30% over previous models, the author notes. See today’s best-performing stocks on TipRanks >>
Read More on GE:
- GE HealthCare stock had a great start, more gains lie ahead, Barron’s says
- General Electric call volume above normal and directionally bullish
- General Electric price target raised to $100 from $93 at RBC Capital
- General Electric price target raised to $100 from $88 at JPMorgan
- General Electric price target raised to $105 from $96 at BofA