A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 billion project.
Demand for clean energy is driving the nuclear industry's growing output. Artificial intelligence (AI) data center demand is also a contributing factor.
Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion.
GE Vernova is a vital supplier to the utility sector, operating across carbon and clean power segments. A strong backlog suggests the future will remain as bright as the recent past.