GE Vernova’s onshore wind business announced that it received orders in 2024 to repower over 1 gigawatt (GW) of wind turbines in the US.
GE Vernova makes power plants, wind turbines and equipment for the electrical grid. The growth of artificial intelligence technologies, which require large data centers and additional power ...
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will ...
GE Vernova almost halved the losses from its wind power business in 2024 – but still posted a deficit approaching $600m for its turbine-making segment. The US energy technology giant made a loss of ...
GE Vernova and New York state have committed more than $105 million in new investments to the company’s Niskayuna campus, ...
Chris Dendrinos, RBC Capital Markets Analyst, joins Catalysts to discuss GE Vernova's results. While wind orders face challenges, the shift toward gas power offers opportunities, especially given ...
Jan 22 (Reuters) - GE Vernova (GEV.N), opens new tab on Wednesday reported a rise in fourth-quarter profit as growing need for reliable power boosted ... for the company's wind segment, which ...
In 2023, GE Vernova reported onshore wind repowering agreements totalling only 514MW, a decline from 2022’s 613MW, according to data from industry lobby group American Clean Power Association (ACP).
driven largely by growth in the Power and Electrification segments. Despite troubles in the offshore wind segment, Cambridge-based GE Vernova's share price has roughly tripled since the energy ...
That optimism offset both Trump's disdain for wind power, which represents roughly 30% of GE Vernova's revenue, and the company's fourth-quarter report, in which profit and revenue missed ...