United States (USA) Battery Energy Storage System Market worth $7.02 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
USD 2.13 billion in 2024, at a CAGR of 26.8% from 2024 to 2029 according to a new report by MarketsandMarkets ™ The increasing demand for Battery Energy Storage Systems (BESS) in the US is driven by factors such as increasing mandates to integrate intermittent renewable energy sources like solar and wind into the grid and the growing need to bolster grid resilience against extreme weather and potential disruptions. Along with this, the strong government incentives such as the Inflation Reduction Act, which offers significant tax credits and support to manufacturers are further driving the rapid deployment of BESS solutions. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/battery-energy-storage-system-market-112809494.html The installation of large-scale energy storage systems in the US is projected to rise significantly throughout 2024, driven primarily by a few leading states. According to data from the Energy Information Administration (EIA
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GEV
News
- GE Vernova (NYSE:GEV) had its "buy" rating reaffirmed by analysts at The Goldman Sachs Group, Inc..MarketBeat
- GE Vernova (NYSE:GEV) had its "overweight" rating reaffirmed by analysts at Wells Fargo & Company.MarketBeat
- GE Vernova (NYSE:GEV) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- GE Vernova rises as Evercore offers bullish take with most upside potential in U.S. power [Seeking Alpha]Seeking Alpha
- Honeywell, GE Vernova and 5 More Trendy Industrial Plays With AI Ties [Barron's]Barrons
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