GE Vernova Wind Orders Drop 40% as Power and Electrification Rise
GE Vernova’s organic orders grew in Power and Electrification, but its Wind segment—selling onshore and offshore turbines—posted a 40% decline in organic orders. Wind made up only about 5% of total orders in Q2. Management is shifting capital toward Power and Electrification, which showed higher adjusted EBITDA margins in 1H 2026.
Coverage (3)
- GE Vernova's Wind Business Just Fell 40%. Nobody's Talking About It Because of the Gas Turbine Boom. (fool.com)
- GE Vernova's Wind Business Just Fell 40%. Nobody's Talking About It Because of the Gas Turbine Boom. (finance.yahoo.com)
- Blue Energy, GE Vernova Hitachi advance 2.5GW gas-plus-nuclear plant in Texas, to power up to 1.5GW data center (datacenterdynamics.com)