General Electric (GE) plans to make major job cuts in its U.S. wind operations and will consider its other markets too as windfarms are proving to be a major expense in the wake of Covid and the Russian invasion of Ukraine. Continued supply chain disruption and the high cost of wind turbines are deterring companies from investing in wind energy, as they look for cheaper alternatives.
It’s a question that has been being asked for years - are wind and solar power more expensive and less reliable? The two renewable energy sources have…Is Wind Energy Becoming Too Expensive?
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