GE Vernova shares surge 5.06% intraday after securing first international onshore wind repower contract in Taiwan, expanding its decarbonization footprint.

GE Vernova surged 5.06% intraday following the announcement of its first international onshore wind repower contract with Taiwan Power Company, a milestone expanding its U.S.-proven wind turbine expertise into Asia. Concurrently, the company secured an order for H-Class gas turbines in Poland to support Enea Group’s coal-to-gas transition, reinforcing its role.