# GE Vernova

> GE Vernova supplies power-generation equipment, grid technology, software, and lifecycle services to utilities, power producers, and industrial customers worldwide. Spun out of General Electric in April 2024, it combines gas, wind, hydro, nuclear, and electrification businesses whose installed technologies help generate approximately a quarter of global electricity.

- **Founded:** 2023
- **Headquarters:** Cambridge, United States
- **Products:** Gas Power, Onshore Wind, Haliade-X, Grid Solutions, GridOS
- **Notable:** Began independent NYSE trading as GEV on April 2, 2024., Reported $59.3 billion of orders and $38.1 billion of revenue for 2025., Reported $176 billion of backlog at June 30, 2026.

## Products & services

- **Gas Power** — Heavy-duty and aeroderivative gas turbines, generators, plant upgrades, parts, repairs, and long-term services.
- **Onshore Wind** — Onshore wind turbines, repowering, and fleet services.
- **Haliade-X** — Offshore wind turbine platform deployed at projects including Vineyard Wind and Dogger Bank.
- **Grid Solutions** — Transmission and distribution equipment, high-voltage systems, substations, and grid services.
- **GridOS** — Grid orchestration platform and applications for transmission, distribution, network data, and distributed energy resources.
- **BWRX-300** — 300 MW small modular boiling water reactor design offered through the Hitachi nuclear alliance; first unit under construction at Darlington.
- **Hydro and Steam Power** — Hydropower technology and services, plus steam turbine and generator lifecycle services.
- **Power Conversion & Storage** — Power conversion, industrial electrification, and energy storage technology.
- **Prolec transformer portfolio** — Transformers, components, and services; fully acquired in February 2026.
- **Consulting and Advanced Research** — Power-system consulting and research supporting equipment, grid integration, and energy technology development.

## Achievements

- Began independent NYSE trading as GEV on April 2, 2024.
- Reported $59.3 billion of orders and $38.1 billion of revenue for 2025.
- Reported $176 billion of backlog at June 30, 2026.
- Completed the $5.275 billion acquisition of the remaining 50% of Prolec GE on February 2, 2026.
- First BWRX-300 construction at Darlington approved in May 2025.

## Latest updates

- **2026-10** — October 20: announced a 9E gas turbine and generator order from Songon Energies for a new combined-cycle plant near Abidjan, Côte d’Ivoire.
- **2026-09** — September 16: Vineyard Wind and GE Vernova announced settlement of outstanding project litigation; GE Vernova withdrew its termination notice. Settlement terms are confidential.
- **2026-07** — July 22: reported Q2 revenue of $11.1 billion and backlog of $176 billion; raised full-year revenue guidance to $45.5-$46.5 billion.
- **2026-02** — Completed the acquisition of the remaining Prolec GE stake.

## Links

- Website: https://www.gevernova.com
- LinkedIn: https://www.linkedin.com/company/gevernova
- Twitter/X: https://x.com/gevernova
- YouTube: https://www.youtube.com/@gevernova
- Instagram: https://www.instagram.com/gevernova/
- Facebook: https://www.facebook.com/gevernova/

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Profile page: https://yespress.io/ge-vernova
Published by YesPress — https://yespress.io
Last updated: 2026-10-22