GE Dedicates New Renewable Energy Global Headquarters in Schenectady County

The sucess of the unified economic development team's new approach continues to pay dividends. Just one of the areas of change has been the new positive relationship with GE. The Daily Gazette on February 22, 2009 quoted Jan Smith, spokeswoman for GE Energy, as saying "When the new group came in, they said we should have a climate for change. There has been an effort on [their part] to work with us and us with them." The article further stated "Smith credited the changed environment with GE's decision to locate 500 jobs related to solar and wind power generation." The establishment of the Renewable Energy Global Headquarters in Schenectady has spurred the creation of more than 650 new jobs locally, 150 more than originally anticipated and a year ahead of schedule.

Recently, Schenectady County Legislators joined with GE representatives and Federal, state and local officials to celebrate the official dedication of GE’s Renewable Energy Global Headquarters. The state-of-the-art, eco-friendly facility is a $45 million renovation of Building 53 on GE’s Schenectady campus.

“GE could have built this facility anywhere in the world and we are so happy they chose Schenectady County to be the hub of the company’s fast growing, green energy business,” said Susan E. Savage, Chair of the Schenectady County Legislature.

“This facility is an investment in the future of GE in Schenectady,” said Steve Bolze, president and CEO, GE Power & Water. “It will help ensure that New York continues to be a global leader in sustainable technology, as GE’s renewable energy business continues to support the growth of a green economy.”

Bolze thanked government and community officials for their support in the development of the new facility.

“The rebirth of Building 53 as our Renewable Energy Global Headquarters is an important symbol of the rapid growth and success of our renewable energy business, particularly in the wind sector,” said Victor Abate, vice president-renewable energy for GE Power & Water. “When we entered the wind energy industry in 2002, it was a $200 million business for us. Today, it has grown into a vibrant business of more than $6 billion.”

Check out the annoucement below: