Vestas will however reign supreme onshore, with Nordex also expected to profit from Siemens Gamesa’s struggles with its 4.X ...
LM Wind Power facility opened in Brazil amid fanfare in 2013 but the conversation has switched from expansion to closure ...
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 $ ...
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 ...
The energy equipment manufacturer will create over 1,500 jobs as it expands its nuclear, solar and onshore wind energy ...
Investors interested in GEV should wait for a better entry point, considering its premium valuation and a downward revision ...
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 ...
However, with the climate crisis encouraging a break from fossil fuels, the country is increasingly looking to offshore wind to help power its energy transition. Vic Abate, chief executive of GE ...
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 ...