China Debuts First Locally Built GE-Designed Gas Turbine [zero hedge]
GE Vernova Inc. (GEV)
Company Research
Source: zero hedge
China Debuts First Locally Built GE-Designed Gas Turbine China has launched its first power plant using an advanced gas turbine manufactured domestically, marking a major step toward reducing dependence on foreign technology amid a global equipment shortage, according to Bloomberg . China Energy Investment Corp. commissioned the Anji Power Plant, which operates two GE-designed turbines of roughly 400 megawatts each. Bloomberg writes that the turbine design comes from GE Vernova, which formed a joint venture with state-owned Harbin Electric in 2019 to localize production and supply up to a dozen units annually. The achievement advances China’s long-running effort to build its own gas-turbine industry at a time when worldwide demand is surging—driven by data-center expansion and by developing nations shifting away from coal. China’s gas-fired capacity is expected to reach about 150 gigawatts this year, with proposals to grow to 200 gigawatts by 2030. Gas power is becoming increasingly i
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GEV
News
- GE Vernova signs agreement for 42 wind turbines with Greenvolt [Yahoo! Finance]Yahoo! Finance
- GE Vernova Investor Day Is Coming. What It Means for the Stock. [Yahoo! Finance]Yahoo! Finance
- Can GE Vernova's R&D Pipeline Boost Its Clean-Energy Position? [Yahoo! Finance]Yahoo! Finance
- GE Vernova (NYSE:GEV) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Is It Too Late to Consider GE Vernova After a 77% Rally in 2025? [Yahoo! Finance]Yahoo! Finance
GEV
Earnings
- 10/23/25 - Miss
GEV
Sec Filings
- 12/2/25 - Form 4
- 9/24/25 - Form 3
- GEV's page on the SEC website