GE hit hard by price reduction
![Photo: GE Renewable Energy](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11130041.ece/ALTERNATES/schema-16_9/HaliadeX.jpg)
Declining prices on wind turbines in the fourth quarter played a role in squeezing US-based General Electric's earnings from its wind power business, which competes with sector players such as Vestas and Siemens Gamesa.
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