GE Vernova Stock Surges 9.20% in Three Days, Trading Volume Ranks 34th in Daily Market

On April 2, 2025, GE Vernova (GEV) experienced a significant surge, with its stock price rising by 4.80% over the course of three consecutive days, marking a total increase of 9.20% in the past three days. The trading volume for GE reached 13.64 billion, placing it at the 34th position in the daily stock market rankings.

GE Vernova, a subsidiary of General Electric, celebrated its one-year anniversary since its spin-off by launching its first global brand campaign, "The Energy of Change." This campaign aims to highlight the progress and momentum within the energy sector, emphasizing the company's commitment to innovation and sustainability.

In a significant development, Homer City Redevelopment and Kiewit announced the transformation of the former Homer City Generating Station into a 3,200-acre natural gas-powered data center campus. This project is designed to meet the growing demand for artificial intelligence (AI) and high-performance computing (HPC) needs, further solidifying GE Vernova's role in the energy sector.

GE Vernova has also entered into a strategic alliance with the Massachusetts Institute of Technology (MIT) to advance cutting-edge energy technologies and foster the next generation of power industry leaders. This collaboration will support groundbreaking research, innovation, and talent development in the energy sector.

Additionally, GE Vernova introduced the TM2500* DLE aeroderivative gas turbine, the world's first mobile power generation solution that operates without water. This innovation offers higher-efficiency performance and reduced emissions, further enhancing the company's portfolio of sustainable energy solutions.

In Missouri, GE Vernova secured an order from Springfield City Utilities for three units of its LM6000VELOX* aeroderivative gas turbine packages. This order aims to expand electric generation capacity at CU’s 100 Megawatt (MW) McCartney Generating Station, reinforcing GE Vernova's commitment to grid stability and reliability.

At DISTRIBUTECH 2025, GE Vernova released a series of whitepapers addressing grid reliability and digitization challenges. These whitepapers provide practical strategies for strengthening energy systems through cybersecurity, digitalization, automation, and artificial intelligence (AI) strategies.

In Saudi Arabia, GE Vernova and Saudi Electricity Company completed the first Saudi-led gas turbine maintenance project. This project highlights both companies' commitment to fostering local talent and promoting localization within Saudi Arabia's energy sector, aligning with Saudi Vision 2030.