On December 11, according to Reuters, GE Vernova announced on Tuesday that it has resumed installing turbines at an offshore wind farm where two devices had malfunctioned. However, the company's CEO, Scott Strazik, expressed a cautious outlook on the prospects for this troubled Industry. While speaking to investors in New York, Strazik stated that the company has not yet accepted new Orders for offshore wind turbines and expects further losses in its wind division by 2025. He added, "We will not chase bad Trades." This electrical utilities equipment manufacturer anticipates almost no growth in its onshore wind Business over the next three years, and its wind division has already lost hundreds of millions this year due to delays in major offshore projects in the USA and United Kingdom caused by incidents involving its turbines.