The settlement creates a Community Claims Fund to compensate local businesses and residents for “economic harm." ...

The collapse sent fiberglass debris into the ocean and onto Nantucket beaches. GE Vernova said a manufacturing issue was the ...

This is a solid number to cover the community, and I’m very pleased with the results,” Select Board member Brooke Mohr said.

Nantucket town officials announced a $10.5 million settlement with wind turbine manufacturer GE Vernova to compensate for ...

GE Vernova will pay Nantucket $10.5 million after a turbine blade failure at Vineyard Wind 1 scattered debris during peak ...

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 ...

GE Vernova Finds Further Problems With Its Wind Turbine Blades The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket.

GE Vernova agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine ...

Crucial to GE Aerospace’s moat is the fact that turbine engines typically fly for more than 20 years, and the company’s commercial and engine services business (representing about 75% of total ...

GE Vernova Inc. shares slumped almost 7% on Friday after one of its turbine blades failed at an offshore wind farm near England, the latest in a string of accidents involving its equipment that ...

GE Vernova has blamed its latest offshore blade failure on a giant 13 MW wind turbine on a combination of storm winds during the commissioning process.

A preliminary investigation by GE found that the Vineyard Wind blade that broke off, falling into the ocean and littering nearby beaches, was due to a “manufacturing deviation.” The failure ...