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Market Chatter: GE Vernova to Check Wind-Turbine Blades After 'Material Deviation' at Plant
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Market Chatter: GE Vernova to Check Wind-Turbine Blades After 'Material Deviation' at Plant
Jul 24, 2024 8:06 AM

10:31 AM EDT, 07/24/2024 (MT Newswires) -- GE Vernova ( GEV ) will reinspect all of the offshore wind-turbine blades it has made after it found a "material deviation" at the plant that manufactured the component, Bloomberg reported Wednesday, quoting the company's Chief Executive Scott Strazik.

A blade made by GE Vernova ( GEV ) broke and fell into the water on July 13 at the Vineyard Wind offshore project that is under construction in Massachusetts, Bloomberg reported.

Strazik told Bloomberg there no signs of design flaws in the company's Haliade-X offshore turbines, but it's pausing production at a plant in Gaspe, Canada, as it inspects its blades.

"We should have identified this prior to shipping" the blade, Strazik told Bloomberg in an interview. "The blade left the factory with insufficient bonding -- the glue."

Bloomberg reported that Strazik didn't say how many offshore blades have been made so far at GE Vernova's ( GEV ) three blade manufacturing facilities.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 168.82, Change: -1.68, Percent Change: -0.98

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