BUZZ-GE Vernova falls after turbine blade failure at UK project
Shares of GE Vernovafell by 3% following a turbine blade failure at the Dogger Bank A offshore wind project in the UK. No injuries were reported, and GEV is investigating the cause of the failure. This incident follows a previous turbine failure at the same site earlier this year, as well as another failure at Vineyard Wind project in Massachusetts in July.
Shares of GE Vernova (GEV.N) down 3% at $180.35
A turbine blade, made by GEV, failed at the under construction Dogger Bank A offshore wind project off the coast of UK
According to a statement posted on the project’s website, no one was injured or in the vicinity at the time damage was sustained
GEV is investigating the cause of the incident, according to the statement
A GEV turbine had come apart in the same project earlier this year while in July another wind turbine made by the company failed at Vineyard Wind project, offshore Massachusetts