GE scraps plans to make large 18 MW offshore wind generators

GE Vernova is abandoning plans to supersize its offshore wind generators and can as a substitute concentrate on rolling out smaller “workhorse” generators.

In March of final yr, GE Vernova CEO Scott Strazik mentioned throughout a GE Investor Convention that the market was receptive to bigger variants of the corporate’s Haliade-X offshore wind generators: “Now we’re getting a really optimistic reception from the market with our 17 to 18 MW Haliade-X variant off of what we’re transport this yr.”

Nevertheless, GE Vernova has determined to shelve that concept for the long run. Father or mother firm GE writes in its US Securities and Change Fee EX-99 that its Haliade-X platform has included “choices out there from 12 MW to 18 MW with estimated capability components starting from 60% to 64%.” It continued:

One Haliade-X 13 MW turbine can energy the equal of as much as 16,000 European houses.

…We imagine the way forward for our offshore wind enterprise would be the Haliade-X 15.5 MW-250, a workhorse product.

The corporate made challenge losses in its offshore wind enterprise final yr. It expects margins to stay challenged in 2024 because it executes its Haliade-X backlog, “which would require important money use and dealing capital.” Nevertheless, GE anticipates working capital dynamics and margins to enhance past 2024.

The 800 MW Winery Wind I challenge off the Massachusetts coast consists of GE’s 13 MW Haliade-X generators.

Learn extra: 5 wind generators simply got here on-line at Massachusetts’ first offshore wind farm

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