Siemens Energy, GE Vernova Each Will Build Two, 2-GW Gas-Fired Power Stations in Saudi Arabia [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
of that country's plan to increase its supply of electricity to support a growing population. The gas-fired facilities—Taiba 1 and 2, and Qassim 1 and 2—will be built in the western and central regions of Saudi Arabia over the next few years. GE Vernova on June 24 said it would build the Taiba 1 and Qassim 1 power plants, with Siemens Energy supporting construction of Taiba 2 and Qassim 2. The facilities are each designed to generate about 1.9 GW to 2 GW of electricity. GE Vernova said it had secured an order for six 7HA.03 gas turbines and two 7E.03 gas turbines from the engineering, procurement, and construction (EPC) company SEPCOIII Electric Power Construction for Taiba 1, located in western Saudi Arabia about 60 miles southeast of Madinah city. Qassim 1 is sited in the central region about 20 miles southeast of Buraydah city. GE Vernova said its 7HA.03 gas turbines currently have the capability to burn up to 50% by volume of hydrogen when blended with natural gas. [caption id="at
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News
- GE Vernova Inc.'s (NYSE:GEV) top owners are individual investors with 58% stake, while 42% is held by institutions [Yahoo! Finance]Yahoo! Finance
- GE Vernova Building Synchronous Condenser Sites to Support New York Grid [Yahoo! Finance]Yahoo! Finance
- GE Vernova Inc. (NYSE: GEV) was upgraded by analysts at Daiwa America to a "strong-buy" rating.MarketBeat
- GE Vernova Inc. (NYSE: GEV) is now covered by analysts at Daiwa Capital Markets. They set an "outperform" rating and a $201.50 price target on the stock.MarketBeat
- Nvidia is not a 'good bet' long term: Analyst [Yahoo! Finance]Yahoo! Finance
GEV
Earnings
- 4/26/24 - Miss
GEV
Sec Filings
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- 6/5/24 - Form 4
- GEV's page on the SEC website