JP Morgan forecasts power equipment upcycle
JP Morgan analysts project a multi-year growth phase for GE Vernova and Hitachi Energy, driven by data centres and HVDC expansion.
JP Morgan analysts project a multi-year growth phase for GE Vernova and Hitachi Energy, driven by data centres and HVDC expansion.
A new strategic agreement aims to accelerate the deployment of Small Modular Reactors (SMRs) in Sweden and Europe, focusing on technical standardisation and local engineering capabilities.
Market analysts forecast a 6.5% CAGR as Tier-1 OEMs like Hitachi Energy and Siemens Energy consolidate 55% of global revenue.
TPG takes ownership of Proficy software business, serving 20,000 customers across manufacturing and infrastructure sectors.
Pattern Energy says construction is gaining pace on the 3.5 GW wind and transmission scheme, with full operations planned for 2026.
GE Vernova and Seatrium have been awarded a contract by transmission system operator TenneT to deliver a major part of the BalWin5 offshore grid connection project.
The US Department of Energy will provide up to $800 million to support small modular reactor projects by TVA and Holtec, aiming for deployment in the early 2030s.
The companies will integrate exhaust gas recirculation and carbon capture systems to improve efficiency and cut emissions in Japan and Asia.
The Basra-based combined-cycle facility will support Iraq’s regional energy ambitions under a 25-year investment partnership.
South Korea’s LS Electric completes development of nation’s largest 500 MW HVDC transformer, to be used in KEPCO’s new Incheon converter station
Factory expansion in Charleroi will boost high voltage switchgear production as part of $100 M investment creating 700 jobs statewide.
New order inflows surged 57 % year-on-year in Q1FY26, with major contracts across India and global markets and a growing private sector order book.
GE Vernova will invest $100 M and create 250 new jobs in Charleroi, PA, to boost high-voltage switchgear output and strengthen the US power grid.
GE Vernova Inc. has agreed to acquire Alteia SAS, with the transaction expected to close on August 1.
The dispute revolves around environmental rules that phase out sulphur hexafluoride (SF₆).
New service units in Mexico, UAE, India, UK, and China strengthen GE Vernova’s support for high-voltage equipment maintenance and modernization worldwide.
A $10 B project at the retired Homer City site will provide 4.5 GW of power to support data centers and local grid demands, with emissions reduced by 60 %.
DTEK has secured an $11.8 M grant from France to construct Ukraine’s first digital substation using GE Vernova technology, boosting energy resilience.
GE Vernova has been selected by Sterlite Grid 32 Limited to supply critical technology for the Khavda Phase-IV Part C project.
GE Vernova Inc. aims to invest nearly $600 million in factories and facilities in the USA over the next two years to meet electricity demand around the world.
GE Vernova Inc. has secured a contract from 50Hertz Transmission GmbH to provide advanced grid-stabilizing technology with an aim to enhance the reliability of Germany’s grid.
Iraq’s Ministry of Electricity (MoE) and GE Vernova have completed and energized five key substations across the country in less than two years.
Prolec GE Waukesha, Inc. has acquired the remaining equity stake in Menk USA, a North American manufacturer of cooling radiators for power grid transformers.
GE Vernova’s Grid Solutions business will manufacture, deliver, and commission the world’s first 245 kV SF6-free GIS for RTE in France.