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641 Results

Press Release

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7 min read

GE Vernova collaborates with TECO to enhance Taiwan's power grid with advanced STATCOM technology

Changua County, TAIWAN (May 7, 2024) - GE Vernova’s Grid Solutions business (NYSE:GEV), together with TECO Electric and Machinery Co (TECO) celebrated the ground breaking of the ZhangGong Step-up Substation and the YongXing Switchyard in central Taiwan in Changhua County. The substations, owned by Taiwan Power Company will be installed with two units of GE Vernova’s ±200 Mvar STATCOM (Static Synchronous Compensator) systems, following the closure of a deal between the company and TECO in early 2024.

Press Release

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7 min read

GE Vernova inks milestone aeroderivative order to help enhance the stability of the energy grid in the Tennessee region

ATLANTA, Ga (May 6, 2024) – GE Vernova Inc. (NYSE: GEV) today announced it has secured an order for 16 of its aeroderivative LM6000VELOX* package solutions, each including an LM6000* gas turbine and a generator, to be installed at Tennessee Valley Authority (TVA)’s Kingston Energy Complex on the Clinch River arm of Watts Bar Reservoir near Kingston, Tennessee.

Press Release

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4 min read

GE Vernova ‘Power Supplier Partnership Summit’ strengthens regional supply chain

Dubai, UAE (May 6, 2024) – GE Vernova’s Gas Power business (NYSE: GEV) held the annual regional ‘Power Supplier Partnership Summit’ in Dubai, UAE, convening over 200 representatives from up to 135 organizations in person and virtually from across Europe, Middle East, Africa, and beyond.
Wide shot of the Noblejas factory

Articles & Insights

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5 min read

Turnaround Story: Old Wind Turbines Are Quickly Made New Again at GE Vernova’s Bustling Repair Center in Europe

Rust never sleeps. Time is money. These two ancient adages drive a cycle of rejuvenation at GE Vernova’s remanufacturing facility in Noblejas, Spain, where wind industry operators from around the world seek renewal for their aging equipment. Here in this rural hamlet south of Madrid, GE Vernova’s Onshore Wind business started out small a decade ago, turning around a few dozen orders each year, mostly for its own benefit.

Press Release

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7 min read

GE Vernova releases AI-powered autonomous inspection software designed to transform energy asset inspections

CAMBRIDGE, Mass. (May 2, 2024) – GE Vernova (NYSE: GEV)—a global leader in electrification, decarbonization, and energy solutions—today announced the launch of Autonomous Inspection, a cloud-based computer vision software solution designed to automate the manual inspection and monitoring of industrial assets by utilizing image capture devices and artificial intelligence/machine learning (AI/ML) algorithms.
Kentucky Plant

Articles & Insights

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5 min read

In Coal Country, GE Vernova Is Helping to Usher In the Energy Transition Through Lower-Emitting Natural Gas

Kentucky’s Mill Creek Generating Station sits on more than 500 acres along the Ohio River, about 20 miles south of Louisville. For generations, the river has been the region’s lifeblood, transporting millions of tons of coal to Mill Creek and dozens of other power plants lining its banks, from Pennsylvania to Illinois. Soon this vital artery will deliver a very different cargo to Mill Creek’s doorstep: a GE Vernova 7HA.03 gas turbine.

Press Release

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6 min read

GE Vernova’s Nuclear business forms supplier group to support small modular reactor deployment

WILMINGTON, N.C. (April 29, 2024) - GE Vernova’s Nuclear business (NYSE: GEV), GE Hitachi Nuclear Energy (GEH), today announced that it is forming a group of qualified supply chain companies to advance the global deployment of the BWRX-300 small modular reactor (SMR). The purpose of the supplier group is to help ensure a reliable, cost effective and innovative process for the manufacture and commercialization of the BWRX-300.

Press Release

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5 min read

GE Vernova celebrates Earth Week in Algeria and around the World

ALGIERS, Algeria (April 27, 2024) – GE Vernova (NYSE: GEV) employees joined hands with customer teams to plant 150 trees at 10 power generation facilities across Algeria including Terga, Oumache, and Naama Combined Cycle Power Plants, among others. The activities were held in support of Earth Day. The tree planting was symbolic of not only team spirit and collaboration, but also the dedication of the participants to act as environmental custodians committed to protecting the planet for generations to come.
earnings image

Articles & Insights

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2 min read

GE Vernova Releases First Quarter 2024 Results

.earn img { width: auto !important; } Today, GE Vernova released its first quarter 2024 earnings results after successfully launching as an independent, publicly traded company on April 2. We had a solid start to the year, with disciplined top line growth and significant margin expansion across all segments. We also reaffirmed our full year 2024 financial guidance for total company and our segments.

Press Release

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21 min read

GE Vernova reports first quarter 2024 financial results

@media only screen and (max-width: 1024px) { .article-content-section .article-left-col .article-desc-container .article-text-content img { object-fit: fill; } } First Quarter 2024 Highlights: