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Is Rise in Floating Wind Farm Tech Opening New Avenues for GE Vernova?
GE Vernova Inc.GE Vernova Inc.(US:GEV) ZACKS·2025-06-26 21:56

Key Takeaways GE Vernova should gain from floating wind growth, supported by its offshore expertise. GEV's Haliade-X turbines operate in major North Sea fixed-bottom wind projects. GEV proposed a floating Haliade-X in 2021 and serviced a major European floating wind farm in 2024.As the world undergoes a revolutionary energy transition process, a significant expansion in floating offshore wind farms is being witnessed recently. The installation of wind turbines further ashore will enable these farms to cap ...