Industry
GE Vernova gas turbines sold out through 2029 amid surging AI power demand
Surging power demand from the expansion of AI data centres is boosting the U.S. power-generation equipment market. GE Vernova, one of the world’s largest gas turbine makers, says orders for large gas turbines are effectively filled through 2029. Major hyperscalers are expanding adoption of industrial turbines to secure reliable electricity as grid connections face delays. GE Vernova is increasing production capacity and hiring in South Carolina.