GE WIND EYES DOUBLE-DIGIT GROWTH RATES IN 2010

clipped from www.planetaazul.com.mx HANOVER, Germany; April 25, 2009.- GE Wind's European business is expected to double this year thanks to the launch of new products, Rainer Broering told Reuters on the sidelines of the Hanover industry fair. This would compensate for a decline in the U.S. business, he said. General Electric Co, the U.S. industrial conglomerate, which makes everything from light bulbs to jet engines, has been battered by the financial crisis and decided to stop providing specific per-share profit forecasts when it reported a 36 percent drop in net income on April 17. Broering said he is counting on planned investments by the Obama administration in the renewable energy sector for GE Wind's growth. GE Wind has a market share of 45 percent in the United States, he said.