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GE Vernova-Powered Gas Plant Starts Operation: Time to Buy the Stock?
GEVGE Vernova Inc.(GEV) ZACKS·2025-01-14 23:06

GE Vernova Inc. (GEV) recently announced that the Guangming gas plant, located in the Guangdong province of China and powered by three GE Vernova 9HA.01 gas turbines, has begun operations. This power plant will supply up to 2 gigawatts (GWs) of lower-carbon electricity. As the Chinese government expedites the nation’s coal-to-gas energy transition, GE Vernova looks poised to gain immensely as it has been operating in China for more than 40 years now. GEV’s prowess in China can be further gauged from the fac ...