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GE Vernova cautious about wind 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 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: 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.
18h
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 ...
11h
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 ...
15h
on MSN
GE Vernova Stock Jumps After Bumping Outlook, Announcing First Dividend
Power generation technology provider GE Vernova updated its guidance and capital return plans Tuesday afternoon. The company ...
Recharge
12h
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 ...
13h
GE Vernova to Power City-Sized Data Centers With Gas as AI Demand Soars
GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to ...
bovnews
17h
This Stock’s 146% Surge: Can GE Vernova (GEV) Continue Its Record-Breaking Run?
As of December 11, 2024, GE Vernova’s stock has seen a staggering rise of +146.92% YTD. In comparison, the S&P 500 Index is up 27.37% YTD. This impressive growth places GE Vernova in the top ranks of ...
1d
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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