General Electric Co. considers Japan ripe for new investment in wind power as the resource-poor country diversifies energy supply in light of the Fukushima disaster.
The U.S. company has developed a 2.85-megawatt turbine for Japan that can withstand conditions unique to the country. It can survive typhoon-strength winds, turbulent conditions and lighting strikes common in the nation, the company says.
"As you look at Japan and how we think about the energy mix in Japan, overall energy diversity is key," Anne McEntee, chief executive officer of renewable energy at GE Power & Water, said at a conference Wednesday in Tokyo where she outlined the company's approach to Japan.