GE Vernova confirms unrelated blade failures in US & UK, implementing corrective actions and shares rise 3%.
GE Vernova reassures stakeholders that recent offshore wind turbine blade failures in the US & UK are unrelated, attributing the latest mishap to strong winds. The company is implementing corrective actions and shares rose 3% following the announcement. The firm is investigating three separate blade incidents in the past four months, which include failures at the Dogger Bank wind farm off the coast of Yorkshire and the Vineyard Wind project off the coast of Massachusetts.
August 30, 2024
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