GE Vernova

GE Vernova

Energy solutions for power and renewables

About GE Vernova

Simplify's Rating
Why GE Vernova is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consulting

Energy

Enterprise Software

Financial Services

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Cambridge, Massachusetts

Founded

2022

Overview

GE Vernova encompasses a range of energy businesses, including Power, Digital, and Renewable Energy, working together to provide a significant portion of the world's electricity. The company focuses on creating solutions that enhance the reliability, affordability, and sustainability of energy. Its offerings include power generation technologies, renewable energy solutions, digital tools for energy management, consulting services, financial services for energy projects, grid solutions, and nuclear energy technologies. What sets GE Vernova apart from its competitors is its comprehensive portfolio that integrates various energy sectors, allowing for a holistic approach to energy challenges. The goal of GE Vernova is to accelerate the transition to a more sustainable energy future.

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Simplify's Take

What believers are saying

  • Collaboration with AirJoule opens new markets in waste heat to water projects.
  • Investment in Form Energy's iron-air battery aligns with long-duration energy storage trends.
  • Strategic alliance with Squadron boosts GE Vernova's presence in Australia's renewable sector.

What critics are saying

  • Competition from Siemens Gamesa and Vestas threatens GE Vernova's market share in wind energy.
  • Regulatory hurdles may delay the Fukushima wind farm project, affecting timelines.
  • Integration challenges with Tarigma's technology could lead to operational inefficiencies.

What makes GE Vernova unique

  • GE Vernova provides one-third of the world's electricity, showcasing its global impact.
  • The company integrates diverse energy solutions, from nuclear to wind, under one brand.
  • GE Vernova's acquisition of Tarigma enhances its grid digitalization and automation capabilities.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Parental Leave

Mental Health Support

Relocation Assistance

Performance Bonus

Company News

Power Systems Technology
May 12th, 2025
GE Vernova Acquires Tarigma for GridBeats

GE Vernova has acquired Tarigma Corporation to enhance its GridBeats automation solutions, which focus on grid digitalization and automation. This acquisition aims to bolster the modernization and reliability of electrical grids.

GlobeNewswire
Apr 24th, 2025
AirJoule Technologies Announces $15 Million Investment Anchored by GE Vernova

Companies to collaborate on waste heat to water project for industrial activities such as data centers, power generation, and advanced manufacturing...

Form Energy
Oct 9th, 2024
Form Energy Secures $405M in Series F Financing to Expand Iron-Air Battery Business and Operations

Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, announced today a $405 million Series F financing round led by T. Rowe Price.

Mid East
Sep 2nd, 2024
GE Vernova acquires Dussur’s shares in General Electric Saudi Advanced Turbines (GESAT) - Middle East Business News and Information - mid-east.info

DAMMAM, Saudi Arabia- The Saudi Arabian Industrial Investments Company (“Dussur”) successfully divested its 55% ownership stake in General Electric Saudi Advanced Turbines (“GESAT”) to GE Vernova I…

BetaKit
May 15th, 2024
GE spinout ThinkLabs AI closes $6.8M to modernize the electrical grid

Two years after selling his last cleantech company to General Electric, Toronto-based entrepreneur Josh Wong has spun his next one out of GE Vernova and secured $6.8 million CAD in seed funding.

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Find jobs on Simplify and start your career today

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