Monday, April 14, 2008

GE confirms that wind turbine supply is getting worse | Green Tech blog - CNET News.com

GE confirms that wind turbine supply is getting worse | Green Tech blog - CNET News.com:
"Posted by Michael Kanellos

The wind turbine shortage is growing, General Electric has confirmed.

The industrial conglomerate said in its conference call with analysts last Friday that the backlog of wind turbines--i.e. orders that have booked but can't ship--has grown to $12 billion. That's up from $11 billion in the fourth quarter and more than twice the size of the backlog in the first quarter a year ago."

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