GE (GE -0.9%) has signed a $394M deal with Brazilian wind power developer Renova Energia to...

|By:, SA News Editor

GE (GE -0.9%) has signed a $394M deal with Brazilian wind power developer Renova Energia to supply and manage 230 wind turbines. GE recently boasted it has installed 20K turbines worldwide, but the business is in a slump: only 241 turbines were ordered in Q3, -69% Y/Y.