LM Wind Power facility opened in Brazil amid fanfare in 2013 but the conversation has switched from expansion to closure ...

GE Vernova maintained its 2025 outlook early Wednesday after missing revenue estimates for the fourth quarter of 2024 due to weakness in offshore wind energy. GEV stock rose to a new high, continuing ...

Vestas will however reign supreme onshore, with Nordex also expected to profit from Siemens Gamesa’s struggles with its 4.X ...

Strazik said GE Vernova has a $3 billion backlog in orders for offshore wind, but after that, it is unclear what will happen. “We do not foresee adding to the offshore backlog without ...

SCHENECTADY — GE Vernova raked in $10.6 billion in revenue during the last three months of 2024, up 5% from 2023, the company announced Wednesday. Net income, or profit, during the quarter was $ ...

Investors interested in GEV should wait for a better entry point, considering its premium valuation and a downward revision ...

The energy equipment manufacturer will create over 1,500 jobs as it expands its nuclear, solar and onshore wind energy ...

CEO Scott Strazik said Wednesday that he expects turbine installation at Vineyard Wind to be "materially complete" by the end of 2025. GE Vernova CEO Scott Strazik said Wednesday that he expects ...

Bill Gates Says He Donated $100 Billion Of His Wealth To Charitable Causes, But He 'Didn't Order Less Hamburgers Or Less Movies' DOGE Gains Access To Medicare And Medicaid Systems: Elon Musk Says ...

Despite troubles in the offshore wind segment, Cambridge-based GE Vernova's share price has roughly tripled since the energy company began trading independently in April 2024. The stock closed on ...

GE Vernova shares opened at a new record high Wednesday even though the energy company reported worse-than-expected fourth-quarter results.

The market seems to think GE Vernova is ready for big growth and improvements, but their latest quarterly report (the 10-Q) shows a much messier picture. For example, their offshore wind business ...