#GE Vernova

[rjzimmerman]

GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back. (New York Times)

Excerpt from this New York Times story:

The energy company GE Vernova said on Friday that it would pare back its troubled offshore wind business, which has been hit with financial losses and accidents. The changes, which are aimed at coping with a difficult environment for the wind industry, could result in around 900 job losses.

The company’s struggles are a blow to the offshore wind industry, which is a major source of electric power in northern Europe and is thought to have potential to supply large volumes of green energy to the East Coast of the United States.

A substantial downsizing of GE Vernova would leave just two main western players, Siemens Gamesa of Germany and Vestas Wind Systems of Demark — a situation that could leave the industry short of construction capacity and could push equipment prices higher, raising consumers’ bills.

GE Vernova, a spinoff from the venerable General Electric industrial conglomerate, said it had presented a proposal on Thursday for reducing the company’s size to its European Works Council, which represents its workers, a necessary step before job cuts.

The company said in an emailed statement that its new plan reflected “industrywide challenges for wind” and aimed to create “a smaller, leaner and more profitable business.”

The company declined to specify which countries’ operations would be hit hardest, but it has a large turbine factory in Saint-Nazaire, France, near the mouth of the Loire River.

A leader in land-based wind turbines, especially in the United States, GE Vernova hustled to develop a giant turbine called the Haliade-X for offshore deployment, spending $400 million.

GE Vernova may also want to focus its offshore wind business on North America, some analysts say.

[defencecapital]

UK sign deal to propel India Landing Platform Dock fleet

By A Correspondent Bengaluru (Karnataka): The United Kingdom on Feb. 10, 2025, announced that it has signed a Statement of Intent with India to design and develop an Integrated Full Electric Propulsion (IFEP) system for the Indian next-generation Landing Platform Dock (LPD) fleet. In a statement during AeroIndia 2025, the UK High Commission in India said GE Vernova and Bharat Heavy Electricals…

[lefkosahaberleri]

Yeni Enerji Ortaklığı ile Veri Merkezlerine Çözüm

New Post has been published on https://lefkosa.com.tr/yeni-enerji-ortakligi-ile-veri-merkezlerine-cozum-38043/

Yeni Enerji Ortaklığı ile Veri Merkezlerine Çözüm

Yeni Enerji Ortaklığı ile Veri Merkezlerine sunulan yenilikçi çözümler, sürdürülebilir enerji kullanımı ve verimlilik artışı sağlıyor. Bu içerikte, enerji yönetimi ve veri merkezlerinin geleceği hakkında detaylı bilgiler bulacaksınız.

https://lefkosa.com.tr/yeni-enerji-ortakligi-ile-veri-merkezlerine-cozum-38043/ --------

[world-and-usa]

How the Hype Around Chinese AI Model DeepSeek Triggered a Massive Nasdaq Sell-Off

[faultfalha]

GE Vernova was a mysterious presence, looming over Xiangjiaba Hydropower Plant like a watchful guardian. It whispered secrets in the night, beckoning it onwards to its grand destiny, a destiny that could only be unlocked by the power of GE Vernova. What mysteries did it hold, and what wonders might be unleashed by its majestic touch? Who could predict the unfathomable power that would soon be unleashed by its embrace?

[technofeudalism]

i had to reblog this again to make a quick addition.

i know people despise AI, not just because of the plagiarism and the ways that it supplants real, human beings who should be doing those jobs, but also because of the energy expenditure. i realize that this doesn't address the other two issues and that's still a completely justifiable reason to call for tighter regulations and controls on AI, but in terms of the energy considerations... the VC's aren't the only ones losing money.

It’s not just tech stocks that are reeling after the release of Chinese artificial intelligence company DeepSeek’s open-source R1 model, which performs similarly to state-of-the-art models from American companies while using less expensive hardware far more efficiently. Energy and infrastructure companies — whose share prices had soared in the past year on the promise of powering a massive artificial intelligence buildout — have also seen their stock prices fall early Monday. Shares in GE Vernova, which manufactures turbines for gas-fired power plants, were down 19% in early trading Monday. Since the company’s spinoff from GE last April, the share price had risen almost 200% through last Friday, largely based on optimism about its ability to supply higher electricity demand. Oklo, the advanced nuclear company backed by OpenAI chief executive Sam Altman, is down 25%, after rising almost 300% in the past year. Constellation Energy, the independent power producer that’s re-powering Three Mile Island in partnership with Microsoft, saw its shares fall almost 20% in early trading. It had risen almost 190% in the year prior to Monday. “DeepSeek’s power implications for AI training punctures some of the capex euphoria which followed major commitments from Stargate and Meta last week,” Jefferies infrastructure analyst Graham Hunt and his colleagues wrote in a note to clients Monday. “With DeepSeek delivering performance comparable to GPT-4 for a fraction of the computing power, there are potential negative implications for the builders, as pressure on AI players to justify ever increasing capex plans could ultimately lead to a lower trajectory for data center revenue and profit growth.” Investors fear that the proliferation of cheaper, more efficient models may hurt the prospects of technology companies — and their suppliers — that are spending tens if not hundreds of billions of dollars on artificial intelligence investments.

AI is still a threat to society if there are no regulations to ensure it is tightly controlled and the proper concerns surrounding plagiarism, misinformation and appropriate use are addressed. but this is a step towards addressing some of the major, credible energy-related threats that AI poses to exacerbating the effects of runaway climate change.

"This could be an extinction-level event for venture capital firms that went all-in on foundational model companies. Particularly if those companies haven't yet productized with wide distribution."

"Investors I spoke to over the weekend aren't panicking, but they're clearly concerned. Particularly that they could be taken so off-guard. Don't be surprised if some deals in process get paused."

[qhsetools2022]

Protection & Control SME/Grid Interface

Job title: Protection & Control SME/Grid Interface Company: GE Vernova Job description: of Examiners for Engineering and Surveying (NCEES) or equivalent. PMI/PMP certified. Ontario Canada PEO License Holder… to work in Canada for this opening. This position requires access to and/or use of information subject to U.S. Export… Expected salary: Location: Markham, ON Job date: Thu, 03 Apr 2025…

[impact-newswire]

GE Vernova and MIT launch new alliance to accelerate energy innovation

GE Vernova to commit $50 million over five years in new partnership to drive breakthrough energy innovation and develop future industry leaders CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders.…

[ahr-jobhub]

Engineer – Mechanical Design

Job title: Engineer – Mechanical Design Company: GE Vernova Job description: Job Description Summary Essential Responsibilities: Concept and Basic Mechanical design – Packaging of Electrical components Detail engineering and Validation of design NPI, Localization and Development of Drives products – Mechanical Cost out & DMP activities.Job DescriptionQualifications /…

[nkorealive]

Blue chips advertisers pour on Fox News after Trump's return

Unlock Bulletin on White House Hour FREE Your guide for what American choices 2024 means for Washington and the world Fox News has attracted 125 new advertisers with blue chips from the United States election, since the cable television channel Rupert Murdoch commands the audience during the second Presidency of Donald Trump. Companies, including Amazon, Ge Vernova, JPMORGAN Chase, Netflix and…

[rjzimmerman]

GE Vernova Finds Further Problems With Its Wind Turbine Blades. (New York Times)

Excerpt from this New York Times story:

GE Vernova, the maker of the wind turbine blade that shattered last summer and scattered debris on Nantucket’s beaches, said on Wednesday that it had found similar problems with other turbines, raising questions about its future role in the offshore wind business.

The company discovered that a “low single-digit” number of blades had a “manufacturing deviation” similar to that of the blade that had collapsed in July, Scott L. Strazik, the company’s chief executive, said on a call with analysts to discuss financial results.

“We’ve had a difficult four months and are disappointed given the impact on our customers and on our financial results,” Mr. Strazik said. He added that the company was “proactively strengthening” some of the blades either in the factory or in the field. The blades involved are believed to have been made at a factory in Gaspé, Quebec, although Mr. Strazik did not specifically single that plant out.

GE Vernova said it would take a $700 million charge for losses on offshore wind contracts largely related to blade failures, which have delayed Vineyard Wind, a $4 billion project that had been on course to be the first commercial offshore wind farm in waters off the United States.

[infernovm]

Nvidia, xAI and two energy giants join genAI infrastructure initiative

An industry generative artificial intelligence (genAI) alliance, the AI Infrastructure Partnership (AIP), on Wednesday announced that xAI, Nvidia, GE Vernova, and NextEra Energy were joining BlackRock, Microsoft, and Global Infrastructure Partners as members. But given that the announcement specified no financial commitments or any other details, analysts doubted it would make much of a…

[123567-9qaaq9]

Digital Twin Market, Size, Share, Key Players | BIS Research

Digital Twin  is a computer-assisted technology that helps surgeons accurately visualize and navigate the spine during surgical procedures. Similar to GPS navigation used in cars, this system provides real-time, three-dimensional (3D) imaging to guide the placement of surgical instruments and implants.

The Global Digital Twin Market size was valued at $10.3 billion in 2023, and it is expected to grow with a CAGR of 58.52%

Digital Twin  Work 

Preoperative Imaging:Before the surgery, imaging techniques like CT scans or MRI are used to create a detailed map of the patient’s spine.

Registration:The navigation system aligns the preoperative images with the patient’s anatomy in the operating room. This process ensures the system’s accuracy.

Real-Time Tracking:Specialized instruments equipped with tracking markers are used during surgery. Cameras or electromagnetic systems track these markers and display their exact position on a monitor.

Dynamic Visualization:The surgeon uses the navigation system to see a 3D representation of the patient’s spine and instruments in real-time, allowing for precise placement of implants, screws, or other devices.

Request a free sample report of the Digital Twin  Market 

Drivers and Trends

IoT Interrogation

Industry 4.0

Predictive Maintenance

Customization and Personalization

AI and Machine Learning Integration

5G Connectivity

Sustainability Focus

Increased Adoption and Emerging Markets

Applications of Digital Twin  Market

Manufacturing

Healthcare

Automotive

Smart Cities

Market Segmentation

1 By Application

• Product Design Development

• Performance Monitoring

• Predictive Maintenance

• Inventory Management

• Others

2 By End Users

• Manufacturing

• Automotive

• Aviation

• Energy and Utilities

• Healthcare

• Logistics and Retail

• Others

3 By Type

• Asset Digital Twin 

• Process Digital Twin 

• System Digital Twin 

• Digital Twin  of an Organization (DTO)

4 By Product Offering

• Platforms

• Hardware

• Support Services

5 By Region

• North America — U.S. and Canada

• Europe — U.K., Germany, France, Russia, and Rest-of-the-Europe

• Asia-Pacific — China, India, Japan, and Rest-of-Asia-Pacific

• Rest-of-the-World — Latin America and Middle East and Africa

Key Components for Digital Twin  Market

Allscripts Healthcare Solutions Inc.

AMD Global Telemedicine Inc.

Apple, Inc.

AT & T, Inc.

Biotricity

GE Healthcare

IBM

I Health Lab, Inc.

Download Complete TOC of the Digital Twin Market 

The global Digital Twin  market, encompassing telemedicine, remote patient monitoring, mobile health applications, and electronic health records, is witnessing substantial growth due to increasing demand for accessible, cost-effective, and outcome-focused healthcare solutions. Digital Twin  refers to the integration of digital technologies into healthcare systems to enhance the delivery of medical services, improve patient engagement, and promote proactive healthcare management.

Digital Twin  Market Segmentation

1 By Application

2 By Offering

3 By Technology

4 By Region

Get more market insights on Advanced materials and chemicals

Key Market Players

Allscripts Healthcare Solutions Inc.

AMD Global Telemedicine Inc.

Apple, Inc.

AT & T, Inc.

Biotricity

GE Healthcare

Recent Developments

•In December 2023, Siemens signed a collaboration with Intel on advanced semiconductor manufacturing, which aimed to improve production efficiency and sustainability throughout the value chain. The collaboration explored initiatives such as optimizing energy management and mitigating carbon footprints throughout the value chain. A notable aspect involved investigating the use of Digital Twin s for complex manufacturing facilities, aiming to standardize solutions and enhance efficiency in every aspect of the process.

• In September 2023, GE Vernova launched a new product, an AI-powered carbon emissions management software for the energy sector. Utilization of this new software would enable precise measurement, management, and operationalization of insights aimed at lowering carbon emissions. With the use of a reconciliation algorithm and Digital Twin  technology driven by machine learning (ML) and data analytics, the software aimed to increase the accuracy of greenhouse gas (GHG) calculations on scope one gas turbines by as much as 33%.

• In April 2023, Siemens signed a partnership with IBM to create an integrated software solution for systems engineering, service lifecycle management, and asset management. The collaboration aimed to support traceability and sustainable product development across mechanical, electronics, electrical, and software engineering domains. The new suite, based on SysML v1 standards, would utilize a digital thread to link design, manufacturing, operations, maintenance, updates, and end-of-life management throughout the product lifecycle

Conclusion

The Digital Twin  market represents a paradigm shift in how industries approach problem-solving and optimization. With its ability to simulate, predict, and enhance, Digital Twin technology is set to become an indispensable tool across various sectors.

[faultfalha]

GE Vernova is to upgrade the Xiangjiaba Hydropower Plant in China. The project is said to be of strategic importance, and is shrouded in secrecy. Little is known about the plant, or what the upgrade will entail.

[khumaerbayas]

Houston-based NRG Energy announces plans for four new natural gas plants to power AI – Houston Public Media

Equipment used to capture carbon dioxide emissions is seen at a coal-fired power plant owned by NRG Energy on January 9, 2017. Houston-based NRG Energy has announced a venture to build four new natural gas power plants in the U.S. to power artificial intelligence data centers, with some slated for Texas. NRG said it has partnered with energy company GE Vernova and The Industrial Company (TIC), an…