GE Vernova’s Haliade-X offshore wind platform included offerings available from 12 MW to 18 MW with estimated capacity factors ranging from 60% to 64%. Going forward, the company expects to focus its offshore wind business around the Haliade-X 15.5 MW-250.
GE Vernova is currently executing a backlog of 5.8 GW of offshore capacity, including more than 400 Haliade-X wind turbines. While executing on the challenging backlog, they expect to continue improving its productivity levels and reduce its cost structure over time. Going forward, as the company evaluates new potential orders, GE Vernova intends to maintain selective and highly disciplined underwriting for new commercial activity focusing on select regions with better economics and an improved risk profile, including higher pricing, relative to its existing backlog, and better inflation protection mechanisms.
