The need for innovative, sustainable energy solutions has never been greater. We asked GE Vernova Fellows: What advancements in sustainable technology are you most excited about? Their answers highlight the breakthroughs, ideas, and innovations that could help power a more sustainable future while meeting the world's increasing energy needs. Watch the conversation and hear what's inspiring some of our brightest technical minds.
About us
GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world. It is made up of three businesses -- Power, Electrification, and Wind -- with focus on accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come. GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver. Together, we have the energy to change the world.
- Website
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https://linktree.com/gevernova
External link for GE Vernova
- Industry
- Energy Technology
- Company size
- 10,001+ employees
- Headquarters
- Boston, Massachusetts
- Type
- Public Company
Locations
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Primary
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58 Charles St
Boston, Massachusetts 02141, US
Employees at GE Vernova
Updates
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GE Vernova delivered strong second quarter results with significant orders and backlog growth, margin expansion, and cash generation. https://vernova.is/4sExPa1 #InvestorRelations #FinancialReporting #SecondQuarter2026Results #GEVernovaResults
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Today, we reported strong second quarter 2026 earnings results and, given our strong first half performance, we increased our 2026 financial guidance. We are leading from a position of financial strength and see a significant opportunity to build on this momentum in the quarters ahead. #FutureofEnergy #EnergyTransition #GEVernovaProud #SecondQuarter2026Results #GEVernovaResults #Earnings
As we look back on our results for this quarter, it is clear that GE Vernova is uniquely positioned to meet accelerating global electricity demand. Economic growth, grid modernization, electrification, data center expansion, and the need for more reliable, resilient electricity are creating sustained demand for our platform of solutions, growing our backlog to $176B. To meet this moment, we are expanding production capacity in a capital-efficient manner to support strong global demand for our Power and Electrification solutions. Our large and growing installed base is generating future growth with expanding margins, and we're investing in new technologies, such as the nuclear small modular reactor and solid state transformer. In the second quarter, we delivered strong financial results and we raised our full year financial guidance. Segment highlights include: ▪️ Power: Our combined backlog and slot reservation agreements increased from 100 to 116 gigawatts, and we now anticipate reaching at least 125 GW by year-end 2026. We remain on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028, and we're implementing actions to produce 30 GW in 2030 utilizing lean and incremental machinery in our existing factory footprint. ▪️ Electrification: Electrification booked $2.7B of data center orders, bringing total segment data center orders to over $5B for the first half of 2026, more than double the full year of 2025. ▪️ Wind: In Onshore Wind, we are driving a more profitable services business, especially in the U.S. where we see approximately 10 GW of potential for repowering by the end of the decade. We're operating from a position of financial strength, with a healthy $13.1B cash balance and $3.9B of cash returned to shareholders in the first half of 2026. We're building momentum while still in very early stages, with significant opportunity ahead. I am incredibly proud of the dedication our teams show every day as they deliver for our customers and drive value for our stakeholders. Read more: https://vernova.is/4vB1sMo
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The Energy of Change starts with people. From classrooms and research labs to the technologies powering communities around the world, we're inspired by those helping build the next chapter of the energy transition with our new research facility in Niskayuna, New York.
To the extent any place feels like home to us at GE Vernova, it’s our presence in the New York Capital region—where Thomas Edison founded GE in 1892 in Schenectady and where today we continue to build and innovate some of the world’s most important technologies in the same space. Today, we started a new chapter in our story by opening the doors to our newest home: the expanded GE Vernova Advanced Research Center Frontier Campus 12 miles away in Niskayuna, New York. This $110 million expansion—a collaborative investment between GE Vernova and the State of New York—is more than just a new facility. It is a powerful example of how public-private partnerships can accelerate the technologies needed to electrify and decarbonize our world. Unlocking the next generation of energy solutions is critical to solving some of the world’s greatest challenges, and GE Vernova is committed to providing top-notch research facilities to power those innovations. It was a privilege to welcome our federal, state, and local partners to the campus today. As we toured six key technology demonstrations—from Direct Air Capture to AI-based robotics—the theme was clear: innovation to impact. As with any new home, we were honored to be joined by our favorite friends and family to celebrate. Thank you to Alex Fitzsimmons Katie Jereza Spencer Silverman Hope Knight Shane Kosinski for joining us today and your partnership as we take this step forward, and thank you for being part of the first page of our new chapter as we continue to create the future in this area that means so much to us.
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Watch GE Vernova’s Earnings Webcast on July 22 to learn how we are leading the next generational investment supercycle – electric power. Watch here: https://vernova.is/4mworEc #InvestorRelations #FinancialReporting #SecondQuarter2026Results #GEVernovaResults
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The next innovation frontier is energy. From AI and advanced manufacturing to healthcare and modern infrastructure, nearly every breakthrough depends on one thing: abundant, reliable, and increasingly sustainable energy. Yesterday, we opened GE Vernova's Advanced Research Center (ARC) campus, a $110 million investment designed to accelerate innovation across electrification, decarbonization, and grid modernization. Bringing together researchers, engineers, industry leaders, academia, and government, ARC will help turn breakthrough ideas into technologies that power the world. The future won't be shaped by digital technology alone. It will be shaped by the energy technologies that make progress possible. Read more: https://vernova.is/4wJENNy
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AI is helping to drive the future of innovation, but the reality is that none of it happens without energy. As AI accelerates and data centers place new demands on the grid, building a more reliable, resilient energy system becomes even more important. We asked our GE Vernova Fellows how they're thinking about this moment. Their perspectives highlight the critical connection between technology and energy, as well as the role today's innovators will play in helping power what's next.
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The future of energy won't be built by technology alone. It will be built by people. As electricity demand rises and the energy system grows more complex, the need for expertise is growing just as quickly. From grid software and AI to power systems, engineering, cybersecurity, and advanced manufacturing, the energy transition is creating some of the fastest-rising opportunities in the workforce today. At GE Vernova, we believe the future of energy depends on investing in the people who can solve tomorrow's challenges before they arrive. Because every grid that becomes more resilient, every community that gains access to reliable power, and every breakthrough that moves the energy transition forward starts with the right talent in the right role. The future of the grid isn't just about what we build. It's about who will build it.
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Every engineer discovers their path differently. For Lauren te. Riele, engineer at GE Vernova, it started when friends recognized her talent for calculus and encouraged her to explore engineering. Not every student gets that kind of early exposure. Many don't have opportunities to experience engineering until much later in their educational journey. That's why GE Vernova launched Engineers of Change: to help students explore engineering earlier, build real-world skills, and discover what's possible. Lauren's story is a reminder that a single moment of encouragement can shape a career. Follow along as we share more stories from our Engineers of Change mentors and the paths that inspired them to become engineers.