Summer 2027
Posted on 8/25/2026
Global energy provider: power, wind, electrification
$25 - $50/hr
No H1B Sponsorship
Longmont, CO, USA + 1 more
More locations: Greenville, SC, USA
In Person
100% on-site in Greenville, South Carolina, or Longmont, Colorado.
Bachelor's, Master's
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GE Vernova is a global energy company created in 2024 to support the electricity grid and the energy transition, with three focuses: Power, Wind, and Electrification. It sells large-scale equipment, signs long-term service agreements, and provides software to utilities, independent power producers, grid operators, and large industrial energy users. Its products include H-Class gas turbines that can burn natural gas with blends of hydrogen toward 100% hydrogen, Haliade-X offshore wind turbines up to 14.7 MW, and GridOS software that unifies grid data to help manage networks and integrate renewables. By combining hardware, services, and software under GE heritage, it aims to meet rising electricity demand while accelerating decarbonization across global energy systems.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$17.6M
Headquarters
Cambridge, Massachusetts
Founded
2022
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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
GE Vernova has formed a joint venture with LS Electric to strengthen its position in the high-voltage direct current sector. Announced at the CIGRE 2026 event in Paris, the partnership will focus on South Korea's voltage source converter-based HVDC projects, which are crucial for transmitting renewable energy from the southwestern region to greater Seoul. The venture combines GE Vernova's VSC-HVDC technology with LS Electric's local capabilities and market presence. The companies also plan to pursue HVDC opportunities in other global markets. The move aligns with GE Vernova's strategy to capitalise on growing power infrastructure demand. During Q2, the company's Power orders jumped 135% year-over-year, whilst Electrification revenue grew 68%. However, the joint venture faces execution risks and may take time to generate meaningful revenue.
Jim Cramer defended GE Vernova on CNBC, arguing the industrial power generation equipment maker isn't a good short despite broader negativity around the data centre sector. He cited the company's stable nuclear reactor delivery timelines and exposure to AI infrastructure buildout. GE Vernova reported strong Q2 results with $6.4 billion in working capital benefit from customer down payments, pushing free cash flow to $5.1 billion, up 2,532% annually. The company raised its full-year cash flow guidance to $11.5 billion-$12.5 billion from $6.5 billion-$7.5 billion. However, Q2 earnings per share of $2.47 and EBIT of $653 million both missed analyst estimates. Hedge fund interest declined, with 106 out of 1,006 funds holding stakes in Q2, down from 118 out of 1,022 in Q1.
Morgan Stanley equity strategist Michelle Weaver estimates a potential 38-gigawatt power shortfall for AI data centres through 2028. This gap — equivalent to powering several dozen major cities — is driving AI facility operators to develop their own power solutions. GE Vernova leads this opportunity through natural gas power turbines. The company secured $16.7 billion in orders last quarter, up 134% year over year, predominantly from this division. GE Vernova projects approximately $46 million in total 2026 revenue, compared with $38 billion last year. Global Market Insights forecasts the natural gas power turbine market will grow over 11% annually through 2035, reaching nearly $65 billion. Additionally, J.P. Morgan analysts expect $5.8 trillion in global grid upgrades by 2035, benefiting GE Vernova's nuclear power, energy storage, and grid technology divisions.
Emerald AI has raised $150 million in a funding round led by DCVC and Energize Capital, reaching a $1.05 billion valuation. Nvidia, Samsung Ventures, GE Vernova, and Salesforce Ventures also participated. The startup's proprietary software helps data centres adjust power consumption based on grid demand, reducing load during peak times and utilising excess capacity during low periods. This addresses pressure on power supply from surging AI computing needs. Emerald AI has secured contracts in California and Virginia and is testing with Nvidia and Oracle. Founder Sivalram aims to transform data centres from grid burdens into flexible resources, addressing regional backlash against data centre construction.
Emerald AI, now valued at $1.05 billion, uses software to keep power demand at the computing facilities from getting out of control.