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GE Vernova cautious about wind sector
GE Vernova cautious about wind sector as gas business soars
GE Vernova said on Tuesday that it had resumed installing turbines at two offshore wind farms that experienced equipment failures this year, but the company's CEO said he was cautious about the outlook for the struggling sector.
GE Vernova CEO sees more wind losses next year – but gas has 'never had more fun'
Scott Strazik sees flat prospects for onshore wind amid ongoing 'purge' of offshore backlog, but data centres line up to power AI with gas turbines
GE Vernova CEO: Data centers favor gas generation over renewable alternatives
Data centers are increasingly targeting natural gas over renewable alternatives such as onshore wind, the CEO of energy equipment manufacturing and services company GE Vernova, has said.
1d
on MSN
GE Vernova CEO Scott Strazik on electricity demand: We're very well positioned to serve this market
GE Vernova CEO Scott Strazik joins 'Squawk on the Street' to discuss the surge in company stock since its spin-off from ...
19h
GE Vernova CEO: We can ‘manage’ Trump tariffs
Scott Strazik said the renewable energy company is prepared to adjust and lean on its US roots, but sees few takers for ...
1d
on MSN
GE Vernova Stock Jumps After Bumping Outlook, Announcing First Dividend
GE Vernova stock was sliding on Wednesday after the company updated its guidance and capital return plans. The power ...
Recharge
1d
GE Vernova’s offshore wind projects back on track as it looks to 'burn down' money losing backlog
Turbine OEM's only two projects, Vineyard Wind in the US and Dogger Bank in the UK, both suffered delays on blade failures ...
1d
GE Vernova is focused on sustainability with AI hyperscalers: CEO
After spinning off from General Electric in April 2024, GE Vernova (GEV) announced its first dividend alongside a $6 billion ...
Yahoo Finance
1d
GE Vernova Expects More Trouble for Struggling Offshore Wind Industry
“The reality is, the economics of this industry don’t make sense,” Chief Executive Officer
Scott
Strazik
said Wednesday ...
2d
GE Vernova sees roughly $45B of revenue by 2028
Sees 14% adjusted EBITDA margin by 2028. “GE Vernova (GEV) is well-positioned to lead as the investment supercycle for the energy transition ...
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