A new AXIC Capital analysis of four years of offshore wind claims data pointed to turbines,export cables and foundations as the main technical loss drivers -- and signalled rising operational losses ...

In a first-of-its-kind agreement, Nantucket has secured a $10.5 million settlement from GE Vernova over last year’s wind turbine blade failure — an incident that littered the island’s beaches with ...

Approximately one year after a wind turbine failed off the coast of Nantucket, resulting in debris washing ashore during the height of the summer tourist season, a settlement will create a fund to ...

Nantucket is opening a claims process for residents and businesses impacted by a broken Vineyard Wind turbine blade. The blade failure in July 2024 was caused by a manufacturing defect, leading to ...

The town of Nantucket, Mass. has announced it reached a $10.5 million settlement with a subsidiary of General Electric to compensate the island community and local businesses for financial losses ...

Finland’s wind power generation slumped to near standstill as an extended cold snap coated turbine blades with ice and forced operators to curb output, adding pressure to already high electricity ...

Traditional way of monitoring health of wind turbine blades no longer cuts it, says industry leader, claiming new method can ...

Approximately one year after a wind turbine failed off the coast of Nantucket, resulting in debris washing ashore during the height of the summer tourist season, a settlement will create a fund to ...