• GE Vernova has introduced the RESTORE DC Block, a modular BESS solution designed to enhance safety, efficiency, and long-term performance for large-scale utility projects.
• This solution features a capacity of 5MWh and a duration range of 2-8 hours, providing energy providers with an upgraded energy storage option that improves grid resilience, lowers costs, and optimizes the integration of renewable energy sources.
• With flexible installation options and cutting-edge technology, it guarantees reliable performance and scalability in various settings.

CAMBRIDGE, Mass. (September 10, 2024) – GE Vernova Inc. (NYSE: GEV) announced today the launch of its advanced containerized Battery Enabled Energy Storage (BESS) solution, the RESTORE DC Block, which offers improved safety, efficiency, adaptability, and durability. With its 5MWh capacity and an extended duration range of 2-8 hours, this solution supports various grid applications for utility-scale renewable energy and energy storage initiatives.

The RESTORE DC Block is a vital element of GE Vernova’s FLEXRESERVOIR system, an integrated approach that combines battery storage, power electronics, and sophisticated controls to facilitate the seamless incorporation of renewable energy sources such as solar and wind. By storing excess energy during peak generation times and releasing it during periods of high demand, it contributes to a more reliable and efficient grid.

“Our new RESTORE DC Block is designed not only to fulfill the rigorous technical demands of contemporary grids but also to emphasize safety, quality, delivery, and cost,” stated Ed Torres, Business Leader of GE Vernova’s Solar & Storage Solutions division. “This innovation reflects our commitment to advancing the energy transition by providing flexible, high-performance storage solutions that enhance renewable energy integration while reducing the Levelized Cost of Storage (LCOS).”

Key features of the RESTORE DC Block include:

• Safety First: The RESTORE DC Block is equipped with comprehensive fire protection systems, ensuring a high safety standard. The system is designed to minimize potential risks while providing protection against cyber threats, ensuring secure and dependable operations in all environments.
• Advanced Digital Technology: With integrated intelligent thermal management and high-speed edge analytics, the system enables precise monitoring of its state-of-charge, state-of-health, and state-of-safety, boosting operational efficiency and reliability. Additionally, it features zero-touch commissioning for swift and hassle-free deployment.
• Performance and Longevity: Utilizing liquid-cooled LFP (Lithium Iron Phosphate) cells, the RESTORE DC Block boasts an industry-leading round-trip efficiency (RTE) of over 93%, is capable of performing multiple back-to-back cycles, and is designed for consistent performance over a 25-year lifespan. It operates reliably across a wide temperature range from -30°C to 50°C, making it suitable for various climates and locations.
• Flexible Installation & Augmentation: The system’s design allows for versatile configurations, including back-to-back and side-to-side setups to maximize space. It also offers both AC and DC augmentation options, enabling customized scalability with a usage-based capacity guarantee.

The RESTORE DC Block empowers utility companies, renewable energy developers, and grid operators by enhancing grid resilience, reducing energy expenses, and optimizing renewable energy integration, thus facilitating the transition to a clean energy future.

Forward-Looking Statements

This document contains forward-looking statements that relate to future events, which inherently involve uncertainties. These statements address GE Vernova’s anticipated future business and financial performance, as well as the expected outcomes of its products and services, often featuring terms like “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Such statements inherently cover uncertain matters, including potential transactions, investments, projects, and their anticipated results, as well as the effects of macroeconomic conditions on business operations and the global supply chain.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-driven global energy company encompassing Power, Wind, and Electrification segments, supported by its accelerator businesses. With over 130 years of experience addressing global challenges, GE Vernova is uniquely positioned to lead the energy transition by electrifying the world while working towards its decarbonization. GE Vernova aids customers in powering economies and delivering essential electricity that enhances health, safety, security, and quality of life. Headquartered in Cambridge, Massachusetts, U.S., GE Vernova employs approximately 75,000 people in over 100 countries. Guided by its mission, “The Energy to Change the World,” GE Vernova’s technology aims to provide a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Solar & Storage Solutions division delivers technologies in solar energy, battery energy storage, and power plant controls to foster reliable and dispatchable renewable energy solutions, aiding the transition to a cleaner energy future.

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