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Steam and gas turbines market to reach $23.4bn by 2030, forecasts GlobalData

Rising demand for efficient energy solutions and green energy shift fuel major growth in steam and gas turbines market.

Latest news

Vineyard Wind sues GE Vernova over $4.5bn offshore wind project

The offshore wind farm’s future is uncertain as Vineyard Wind and GE Vernova dispute contract terms and outstanding payments.

Iberdrola to secure 98% stake in Brazilian arm Neoenergia

The Spanish multinational purchased an additional 14.2% of Neoenergia shares at 33.77 reais ($6.62) each.

IESO signs 20-year contracts for 14 renewable energy projects

The new contracts deliver a 21% cost reduction compared with previous large-scale renewable agreements.

Envision Energy, BBVA sign $500m vendor financing agreement

The financing deal supports Envision Energy’s expansion and strengthens its project funding across key international markets.

ANDRITZ hydropower surge drives record €3.6bn order intake in Q1 2026

A wave of hydropower project wins has propelled ANDRITZ to a record-breaking first quarter, underlining the sector’s growing role in global energy transition strategies.