[Market Focus] Doosan Enerbility Rises 3% on First U.S. Steam Turbine Order

by Oh Kuemin

Published 18 Mar.2026 09:45(KST)

The share price of Doosan Enerbility is on the rise following its steam turbine supply contract with a U.S. company.

As of 9:41 a.m. on March 18, Doosan Enerbility was trading at 107,900 won, up 3,500 won (3.35%) from the previous trading day.

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Doosan Enerbility announced on this day that it had signed a contract with a U.S. company to supply 370 MW (megawatts) of steam turbines and generators for power supply to an artificial intelligence (AI) data center. This is the first time the company will supply steam turbines to North America. The company in question is presumed to be xAI, the AI startup founded by Elon Musk. Previously, Doosan Enerbility had also signed a contract to supply 12 gas turbines for the xAI data center.