Ge Vernova expects Q3 annual gas turbine production to reach 20 gigawatts

Glonghui, July 22 | GE Vernova: The company expects annual gas turbine capacity to reach 20 GW in Q3 2026 and 24 GW in 2028. The plan is for annual power generation from gas turbines to reach 30 GW by 2030. GE Vernova forecasts free cash flow of $11.5 billion to $12.5 billion for the current fiscal year. By the end of 2026, the total amount of natural gas equipment under contract is expected to reach at least 125 GW.