GE 2015 Annual Report Download - page 69

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MD&A SEGMENT OPERATIONS | RENEWABLE ENERGY
GE 2015 FORM 10-K 41
OPERATIONAL OVERVIEW
(Dollars in billions)
2015 GEOGRAPHIC REVENUES: $ 6.3 BILLION ORDERS
(a) Includes $0.5 billion related to Alstom
2015 SUB-SEGMENT REVENUES
BACKLOG
(a) Alstom business acquired in November 2015
(a) Includes $5.3 billion related to Alstom
EQUIPMENT/SERVICES REVENUES
UNIT SALES
SIGNIFICANT TRENDS & DEVELOPMENTS
x Renewable energy has experienced a surge of development in the last decade. Renewable energy capacity additions account for
approximately half of all power plant additions worldwide.
x We expanded our RenewaEOH(QHUJ\SRUWIROLRZLWKWKHUHFHQWDFTXLVLWLRQRI$OVWRP¶V5HQHZDEOHVEXVLQHVVZKLFKEURXJKW
offshore wind, hydro, and emerging renewable technologies to the portfolio.
x In our Onshore Wind business we continue to lead in digital innovation. The digital solutions we offer allow our customers to
increase revenue and reduce cost and risk. We are expanding our digital capability into the newly acquired Alstom Offshore Wind
and Hydro businesses.
x Excess capacity in developed markets and macroeconomic and geopolitical environments result in uncertainty for the industry and
business.
x The Digital Wind Farm combines the new 2 and 3 MW wind turbine platforms with Predix software and diagnostics. Together, this
hardware and software technology delivers up to 20% more DQQXDOHQHUJ\SURGXFWLRQDWWKHIDUPOHYHORYHU*(¶VSUHYLRXV
machines.
Equipment
Services
Services Equipment
Equipment
Services
GE 2015 FORM 10-K 41