GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated. The statement comes as the company has been grappling with ...

In a first-of-its-kind agreement, Nantucket has secured a $10.5 million settlement from GE Vernova over last year’s wind turbine blade failure — an incident that littered the island’s beaches with ...

The town of Nantucket, Mass. has announced it reached a $10.5 million settlement with a subsidiary of General Electric to compensate the island community and local businesses for financial losses ...

Nantucket is opening a claims process for residents and businesses impacted by a broken Vineyard Wind turbine blade. The blade failure in July 2024 was caused by a manufacturing defect, leading to ...

A blade that fell from a 300-foot-tall turbine and into a Massachusetts cranberry bog has sparked critics of wind energy to renew their call for the state Legislature to back away from its net-zero by ...

Vestas Wind Systems (VWS) is rated 'HOLD' due to overvaluation, high forecast volatility, and lack of a sustainable competitive moat. Recent share price surge is sentiment-driven, not supported by ...

Approximately one year after a wind turbine failed off the coast of Nantucket, resulting in debris washing ashore during the height of the summer tourist season, a settlement will create a fund to ...