GE expects big earnings as well as an increased profit from its offshore wind turbine business in 2017, stated the US company's CEO at a telephone conference Friday afternoon after publishing the conglomerate's report for the fourth quarter last year. A growth which will take place in light of headwinds.
"The price is a huge challenge for onshore wind," stated CFO Jeffrey Bornstein, pointing out that profitability must ensured via more than just increasing the sale of new turbines.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.