GE Cuts Targets as Wind Energy Struggles Push 2022 Goals Out of Reach
- Last Updated on October 27, 2022
- Decarbonization
- Energy Efficiency
- Energy Storage
- Innovation
- Renewables
General Electric is reassessing its near-term goals for wind energy. According to Bloomberg (via EnergyNow), General Electric Co. will cut its full-year profit target despite strong cash performance in the past quarter, as higher costs in the struggling wind operations add to ongoing challenges with supply chain and labor. Adjusted earnings per share will be
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