“`html
GE Vernova Inc. (GEV) is experiencing significant growth due to increased global demand for combined cycle power plants (CCPPs), primarily driven by rising electricity needs from data centers, industrial expansion, and population growth in emerging markets. In the second quarter of 2025, GEV’s orders for Gas Power equipment nearly tripled year over year, resulting in a 12.3% revenue growth for the Gas Power business segment.
Recently, GEV announced the operational start of the first block at Taiwan Power Company’s Hsinta power plant, equipped with GEV’s 7HA.03 combined cycle technology. Additionally, in June 2025, the company secured a service agreement to upgrade three gas turbine units at Uniper’s Grain power station in Kent, UK.
Over the past year, shares of GE Vernova have surged by 190.3%, outperforming the industry’s 56.3% gain. GEV currently has a forward price-to-earnings ratio of 50.21, significantly higher than the industry average of 20.51.
“`
