By Sourasis Bose

July 24 (Reuters) - Power services firm GE Vernova ( GEV )

said on Wednesday a manufacturing issue led to a turbine

blade failure at its Vineyard Wind offshore project off the

coast of Massachusetts earlier this month.

"We have no indications of an engineering design flaw,"

CEO Scott Strazik said on a conference call.

The turbine blade made by GE Vernova ( GEV ) broke on July 13 and

left potentially dangerous debris on beaches on the island of

Nantucket. Later, U.S. authorities ordered a shutdown of the

project.

The company also said it would re-inspect all its

offshore wind blades to check for potential defects.

However, it said that another turbine blade breakdown at

the Dogger Bank project at North Sea in May was the result of an

installation failure.

GE Vernova ( GEV ), which became an independent company in April

following a three-way split of General Electric ( GE ), on

Wednesday also reported a 1% rise in second-quarter revenue to

$8.2 billion, compared to a year earlier.

Analysts on average had expected revenue of $8.26

billion, according to LSEG data.

Electric utilities across the world are looking to increase

their power generating capacity and lifting the usage of

renewable energy to meet emission goals, driving demand for

equipment suppliers such as GE Vernova ( GEV ).

The company booked a 27% rise in orders in its power

segment, driven by higher orders for its gas power technology

while its electrification revenue rose 19%.

It also expects its full-year revenue to trend towards the

higher end of its prior forecast range of $34 billion to $35

billion.

However, its wind orders declined by 44%, primarily due to a

large offshore wind equipment order it booked last year that was

canceled during the fourth quarter.

The company also reported two fatalities during the quarter.