GE Vernova said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog.The company said the failure to install 11 turbines at the Vineyard Wind project could lead to a low double-digit drop in revenue and account for about $400 million in losses. The project will have 62 turbines in total…
EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter.The…
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