Chevron to build gas plants to power data centers amid AI boom The world's largest renewable power company, NextEra Energy , is partnering with GE Vernova to develop natural gas-fired power ...

In 2023, the company announced a $50 million plan to start making on-shore wind turbines in Schenectady, where GE Vernova also makes gas-powered turbines used in power plants. That created ...

The joint venture of Chevron, the second-biggest U.S. oil-and-gas company, turbine maker GE Vernova and Engine No. 1 aims to deliver 4 gigawatts of electricity—enough to power up to 3.5 million ...

Jan 22 (Reuters) - GE Vernova (GEV.N), opens new tab on Wednesday reported a rise in fourth-quarter profit as growing need for reliable power boosted demand for its gas turbines as well as grid ...

Chevron, Engine No. 1, and GE Vernova are partnering to build natural gas power plants co-located with data centers to support AI development. The project aims for a multi-gigawatt scale and ...

Chevron and GE Vernova have partnered to build natural-gas power stations for U.S. data centers. The joint venture, which also includes investment firm Engine No. 1, plans to deliver up to 4 ...

NextEra Energy has partnered electric services company GE Vernova to develop natural gas-fired power generation projects in the US, as reported by Reuters. The projects will predominantly supply ...

Chevron (NYSE:CVX) said Tuesday it formed a partnership with GE Vernova (NYSE:GEV) and investment firm Engine No. 1 to build natural gas-based power plants to run co-located data centers in the U ...

The first projects, which the companies refer to as “power foundries,” are expected to leverage seven U.S. made GE Vernova 7HA natural gas turbines, secured under a slot reservation agreement ...