COVID-19 has affected first two quarters of General Electric Renewable Energy

by Jul 29, 2020

General Electric has reported second quarter numbers and loss of about $500 Million dollar has been reported by Renewable Energy division of GE. The reason for this loss is delays happening in the grid and wind projects. However, GE is hopeful that this loss will be covered in coming year as the orders GE was supposed to book are still in the pipeline and will be in execution phase. Link to the news: