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On June 18, 2025,
(GEV) saw a trading volume of $899 million, ranking 71st in the day's stock market activity. The stock rose by 0.29%, marking its third consecutive day of gains, with a total increase of 2.43% over the past three days.GE Vernova has secured a significant deal to supply 12 of its 6.1 MW-158m onshore wind turbines to Çalık Renewables for the Zatriq I & II Wind Farms in Kosovo. This agreement, booked in the first quarter of 2025, aims to support Kosovo's goal of significantly increasing its renewable energy capacity by 2030. The project is expected to provide enough energy to power approximately 32,000 households once fully operational by the second half of 2026.
This deal not only reinforces GE Vernova's strong presence in Kosovo, where it already has 36 onshore wind turbines in operation, but also highlights the company's broad portfolio of energy solutions. The collaboration with Çalık Renewables underscores GE Vernova's commitment to driving electrification and decarbonization through high-quality, affordable, and sustainable renewable energy.
Emre Erdogan, General Manager of Çalık Renewables, expressed excitement about the partnership, stating that the investment reflects their long-term commitment to sustainability and their vision to become a key player in Europe's renewable energy sector. This deal marks Çalık Renewables' first project in Kosovo and their continued collaboration with GE Vernova, further solidifying their relationship in the renewable energy sector.
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