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GE Vernova May Cut 900 Offshore Wind Jobs
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.
GE Vernova to trim offshore wind unit, slashing hundreds of jobs
GE Vernova (NYSE:GEV) said it plans to cut the size of its offshore wind business, a move that could result in the elimination of 900 jobs around the world, Reuters reported Thursday. GE Vernova (GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year,
GE Vernova plans 'leaner' offshore wind unit, will cut hundreds of jobs
Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.
11h
Elias: Gov. Newsom committing to big wind power projects risky right now
Nantucket incident shows the energy source is not without problems, and it doesn’t “make sense without the tax credit.” ...
2d
Lawsuits buffet US offshore wind projects, seeking to end or delay them
Opponents of offshore wind around the U.S. are pelting the projects with lawsuits, seeking to cancel them or tie them up for ...
3d
Will offshore wind really drive electric bills down?
When she announced a massive procurement of offshore wind earlier this month, Massachusetts Gov. Maura Healey promised the ...
3d
Gulf of Maine offshore wind: Areas for lease off Portsmouth projected to power 1.1M homes
The Bureau of Ocean Energy Management will hold an auction for areas off Maine, New Hampshire and Massachusetts coasts.
23h
on MSN
Scottish Power makes Lowestoft its wind farm base
Scottish Power says it is investing £8m to acquire and develop the site for its operations.
2d
on MSN
Japan's Eneos to buy 20% stake in Norway's floating offshore wind project
Japan's biggest oil refiner Eneos Holdings said on Wednesday its renewable energy unit has agreed to buy a 20% stake in ...
7h
A quest to harness wind for offshore power generation in Japan
Offshore wind power generation, which involves building giant wind turbines in the ocean, could play a key role in helping ...
WGBH
3d
An up-close look at Vineyard Wind, the nation's largest offshore wind project
Public media journalists took a boat to see the Vineyard Wind project, 35 miles off mainland Massachusetts, up close. GBH's ...
The Korea Times on MSN
8d
[INTERVIEW] Offshore wind power takes off in Korea
Pacific chief seeks Korean government support for grid expansionINCHEON — The offshore wind power industry in Korea, still in ...
1d
Southern Oregon tribes sue feds over offshore wind energy plans
Officials from the Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians are suing the U.S. Bureau of Ocean Energy ...
4d
Auction set for offshore wind leases in Gulf of Maine
The US Department of Interior has set an auction date of Oct. 29 for its first sale of offshore wind energy leases in the ...
National Observer
22h
Feds fund offshore wind study hoping to boost market in Atlantic Canada
Over $9 million awarded to Nova Scotia research hub to investigate future power transmission network as developers consider ...
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