GE Vernova Secures First Non-US Wind Repower Deal with Taiwan Power Company

GEV +1.70%

GE Vernova Inc. (NYSE:GEV) is one of the best new stocks to invest in. On November 19, GE Vernova announced its first onshore wind repower upgrade agreement outside the US, signing a contract with Taiwan Power Company/TPC to supply 25 repower upgrade kits in Taiwan. This international contract builds upon GE Vernova’s established track record of repowering over 6,000 wind turbines in the US.

Under the agreement, GE Vernova will provide repower upgrade kits for 25 GE Vernova 1.5 MW-70.5m turbines and will also deliver a five-year O&M services package. This order was formally booked in Q3 2025. The initial components for the upgrade are scheduled for delivery in Q4 2025, with the actual retrofit installation process slated to take place throughout 2026 and 2027.

Wind repowering is a process that modernizes turbines nearing the end of their designed operational life, returning them to service with improved reliability and performance. By extending the asset life beyond its original design, this project will help TPC continue generating affordable, renewable electricity while maximizing its existing infrastructure.

GE Vernova Inc. (NYSE:GEV) is an energy company that provides various products and services that generate, transfer, orchestrate, convert, and store electricity in the US, Europe, Asia, the Americas, the Middle East, and Africa.

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Disclosure: None. This article is originally published at Insider Monkey.