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GE Vernova agreed to pay a $10.5M settlement to the town of Nantucket, Massachusetts, after one of its offshore wind turbine ...

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GE Vernova, which agreed to the settlement, blamed a manufacturing problem at one of its factories in Canada and said there was no indication of a design flaw.

GE Vernova will pay Nantucket $10.5 million after a turbine blade failure at Vineyard Wind 1 scattered debris during peak tourist season.

The settlement includes the creation of a fund to compensate businesses for lost profits caused by the debris.

DNV has been awarded a contract for design certification of Norway's first bottom-fixed offshore wind farm, Sørlige Nordsjø II from Ventyr.