Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Friday, September 19
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » Finance » GE Vernova Reports $100m Q1 Loss Amid Strategic Transition, CEO Optimistic on Growth Prospects
Finance

GE Vernova Reports $100m Q1 Loss Amid Strategic Transition, CEO Optimistic on Growth Prospects

By Alexander FosterApril 28, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: GE Vernova
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

GE Vernova unveiled its first-quarter 2024 earnings report, revealing a net loss of $100 million. The results, released after the company's spin-off from GE on April 2, underscored both challenges and opportunities in the evolving energy landscape. Despite the loss, total revenues showed promise, reaching $7.3 billion, marking a 6% increase driven by robust growth

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
GE Vernova Scott Strazik
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleUS Unveils Sweeping Transmission Permitting Reform and $331m Investment in Grid Expansion
Next Article Maine Initiates Offshore Wind Procurement Process, Aims for 3GW by 2040

Related Posts

GE Vernova Acquires 50% Stake in 334-MW Wind and Solar Portfolio in Spain

November 20, 2023 Wind Energy

Nordex Reports Q3 Core Profit Amid Completion of Lucrative Wind Projects

November 14, 2023 Finance

Otovo ASA Secures $40.4 Million in Equity Funding for Home Solar Expansion

November 14, 2023 Finance

Northland Power Reports Lower Q3 Earnings, Maintains Full-Year Guidance Amidst Challenging Market Conditions

November 14, 2023 Finance

Germany Commits EUR 23.1 Million to Boost South Africa’s Green Hydrogen Development

November 11, 2023 Finance

KKR to invest $250 million in Indian decarbonisation platform Serentica Renewables for clean energy

May 1, 2023 Finance
Latest Post

SeAH Wind Signs Voluntary Recognition Agreement with GMB Union at Teesworks Site

September 18, 2025

OnPath Energy Advances £1 Billion UK Investment Plan After Strong Financial Performance

September 18, 2025

Connecticut and Rhode Island Seek Injunction to Resume Work on Revolution Wind Project

September 18, 2025

Foresight Solar Reports 4% Generation Uplift in First Half of 2025

September 18, 2025

Full Circle Wind Services Takes Over O&M for Caton Moor Wind Farm in UK

September 18, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?