GE loses US patent dispute with Siemens Gamesa
Recent ruling against GE could hobble offshore wind profits in the US, but uncertainty remains over the possibility of further litigation in other markets
A recent patent dispute between wind turbine manufacturers could eat into GE’s revenue from its offshore wind business in the US. Spain’s Siemens Gamesa received a favourable ruling against GE in a federal court in Massachusetts this month. A jury in Boston found that GE infringed on one of the turbine manufacturer’s patents related to the structural support of large offshore wind turbines, awarding Siemens Gamesa a royalty rate of $30,000/MW. An earlier ruling in the case held that patent law would apply to wind turbines installed on the outer continental shelf of the US. “Fair and legal competition is vital to the success of the renewable energy industry, both in the US and around the worl
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology