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Home » News » Wind Energy » GE Vernova Pauses Offshore Wind Turbine Orders Amid Challenging Market Conditions
Wind Energy

GE Vernova Pauses Offshore Wind Turbine Orders Amid Challenging Market Conditions

By Alexander FosterNovember 14, 20242 Mins Read
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Credit: GE Vernova
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GE Vernova CEO Scott Strazik announced plans to delay seeking new orders for offshore wind turbines, citing unfavorable market conditions as the offshore wind sector faces supply chain challenges and rising interest rates. Strazik stated his intent to wait for an improved economic environment to pursue additional orders, a move highlighted in an article by

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Dogger Bank Dogger Bank Wind Farm Donald Trump GE Vernova Offshore Scott Strazik Wind
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Previous ArticleNorway Approves Goliatvind’s EIA for Floating Wind Pilot, Licence Application to Follow
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