GE sign 10 year wind farm service deal with Turkey

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GE sign 10 year wind farm service deal with Turkey

Continuing its pioneering collaboration in the development of clean energy in Turkey, GE Renewable Energy and Fina Enerji have concluded negotiations to broaden their cooperation program into a comprehensive ten-year Full Service Agreement (FSA), complemented by a 2-year trial of GE’s Predix-powered Digital Wind Farm solutions.

The new FSA, signed 21st April, 2017, is designed to allocate Operation and Maintenance (O&M) responsibilities between the parties, replacing the previous services agreement. Following Fina’s updated business strategy and under the recently signed agreement, all O&M related responsibilities will be forwarded to GE Renewable Energy for the duration of the contract.

As part of the FSA, GE Renewable Energy aims to implement GE’s Digital Wind Farm comprehensive hardware and software solutions, uniquely designed to increase the operational efficiency of the wind farms while enabling further performance enhacements. The solution is powered by Predix, GE’s platform for the Industrial Internet.

Sanjeev Addala, CDO GE Renewable Energy, said “At GE, we believe access to data is very powerful. Our goal is to bring big data to our customers to allow them to make informed decisions on fleet management. Getting access to this level of data analytics and data forecasting is a win-win for GE and FINA”.

Volkan Başkaya, GM Operations Department of FINA, added “This type of agreement ensures that GE is not just a service provider, but an operational partner. They are incentivized to make our projects an even bigger success”.
The implementation of GE’s Digital Wind Farm solutions will begin during the second quarter of 2017 and will include capabilities such as: Asset Performance Management (APM), Operation Optimization and Business Optimization – including Cloud Connect, Wind Fleet Excellence, Enterprise e-SCADA, and Wind Power Forecasting, for the entire fleet.

By complementing its services offering with the application of its full digital capabilities, GE Renewable Energy expects to develop smarter wind power forecasts to meet the requirements of Turkey.

About GE Renewable Energy
GE Renewable Energy is a $10 billion start-up that brings together one of the broadest product and service portfolios of the renewable energy industry. Combining onshore and offshore wind, hydro and innovative technologies such as concentrated solar power and more recently turbine blades, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 55 countries, GE Renewable Energy is backed by the resources of the world’s first digital industrial company. Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy.

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.