Growing demand for carbon capture and storage technology is transforming the industry, driving demand for advanced turbomachinery and reshaping the market landscape for decarbonization efforts.
GE Vernova invests over $25 million to modernize its Veresegyház facility, enhancing gas turbine manufacturing and supporting Hungary's energy transition.
The July/August 2025 issue highlights our industry survey and key factors shaping the turbomachinery sector, including supply-chain challenges, labor shortages, and the rise of mobile and advanced technologies to meet power demand.