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GE Renewable Energy has reported a loss of $87m in its 2020 fourth quarter results, compared with a loss of $227m in the same quarter in 2019. The unit reported a 34% increase in orders, worth $6.3bn, in Q4 of 2020, compared with $4.7bn in Q4 2019. This was driven by “large onshore wind equipment orders” in North America as well as the company’s first Haliade-X order in offshore wind. Revenues of $4.4bn were down 6%, mainly driven by more “heavily weighted” onshore wind deliveries last quarter, GE said. GE Renewable Energy team delivered 1013 new unit turbines and 146 repower upgrades in the quarter, with onshore wind delivering “record volume” in the year. ....