GE Supports Growing Japanese Solar Market with Advanced Technology and Long Term Service

• Following the Hosoe project, GE has once again been chosen to support another mega-solar project in Furukawa, Japan with its Brilliance skid inverter solutions
• A 20-year long term service contract to secure availability and energy yield over project lifetime
• GE’s expertise and high quality & cost effective solutions will ensure positive returns on investment

Miyagi, Japan – 08 October, 2015 – The Japanese solar market has shown significant growth in the past few years as it races to meet the government’s goal of achieving 53 GW of solar PV capacity by 2030.

Today, GE’s Power Conversion business has been chosen by Pacifico Energy to provide its Brillance solar skid solutions for its mega-solar project in Furukawa. By partnering with some of the country’s largest projects, GE is at the forefront of helping Japan realize its solar energy production targets. GE’s involvement in the 56.9-megawatt direct current (DC) Furukawa mega-solar project, closely following the recently awarded Hosoe solar project, demonstrates GE’s commitment to continue to grow the sector.

GE Power Conversion’s Brilliance Solar Inverters meet the customer’s requirements both for reliability and cost competitiveness. Along with the inverters, GE is also supplying transformers, Ring Main Units and Recombiners, all of which are to be preassembled onto skids for ease of transportation and flawless installation at the site. GE will also provide a Long Term Services Agreement for a minimum of 20 years to proactively manage the maintenance and service of the GE equipment to support availability of the inverter systems throughout the lifetime of the project. These attributes are vital to the overall economics of the Furukawa solar project given decreasing local feed-in-tariffs (FIT).

“GE is committed to the Japanese solar industry. The Furukawa project together with the Hosoe solar project demonstrates how we are able to continually build our relationship and bring value to Japanese customers. We are proud that GE’s advanced solar technology is at the heart of Japan’s most emblematic solar projects,” said John Chatwin, Power & Industry Segment Leader, GE Power Conversion.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power Conversion

GE Energy Management provides customers with electrical solutions that enable local utilities and energy-intensive industries to more efficiently manage electricity from the point of generation to consumption. GE’s Power Conversion business, a business unit of GE Energy Management, applies the science and systems of power conversion to help drive the electrification of the world’s energy infrastructure by designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future. Serving specialized sectors such as energy, marine, oil and gas, renewables and industry, through customized solutions and advanced technologies, GE Power Conversion partners with customers to maximize efficiency.