• Five GE Vernova H-Class gas turbines will support the expansion of the Qurayyah Independent Power Plant in Saudi Arabia
• The project includes three 7HA.03 units and two 7HA.02 turbines for a new 3 GW combined-cycle facility
• The plant is expected to be designed with readiness for future post-combustion carbon capture integration
• Expansion aligns with Saudi Arabia’s Vision 2030 strategy to increase gas-fired generation and expand renewable energy capacity

RIYADH, Saudi Arabia (May 28, 2025) – GE Vernova (NYSE: GEV) announced that it has received an order for five advanced H-Class gas turbines from Técnicas Reunidas and Orascom Construction. The order includes three 7HA.03 turbines and two 7HA.02 units that will be installed as part of the Qurayyah Independent Power Plant (QIPP) Expansion Project in Saudi Arabia’s Eastern Province.

Técnicas Reunidas and Orascom Construction are executing the Engineering, Procurement, and Construction (EPC) contract for the project through a 50-50 joint venture partnership.

The Qurayyah expansion project will add approximately 3 gigawatts of combined-cycle gas-fired generating capacity to the Kingdom’s power network. The facility is also being developed with the capability to potentially integrate post-combustion carbon capture technologies in the future.

Saudi Arabia continues expanding its combined-cycle gas power fleet as part of a broader national strategy to generate 50% of electricity from natural gas and the remaining 50% from renewable energy sources by 2030. The initiative supports the Kingdom’s long-term target of achieving net-zero greenhouse gas emissions by 2060.

Earlier in 2025, Hajr Two Electricity Co. — jointly owned by ACWA Power, Saudi Electricity Company (SEC), and Haji Abdullah Alireza & Co. Ltd — signed a Power Purchase Agreement with Saudi Power Procurement Company (SPPC) for the QIPP Expansion Project.

Representatives from Hajr Two Electricity Co. described the development as a strategically important project that will strengthen Saudi Arabia’s electricity infrastructure while supporting the transition toward a more diversified and sustainable energy mix under Saudi Vision 2030. The company also highlighted its collaboration with Técnicas Reunidas, Orascom Construction, and GE Vernova in delivering the project.

Joseph Anis, President and CEO of GE Vernova’s Gas Power business in Europe, the Middle East, and Africa, said the Qurayyah project demonstrates Saudi Arabia’s confidence in natural gas as a lower-emission alternative to oil-based power generation. He noted that GE Vernova’s ongoing partnership with Técnicas Reunidas and Orascom Construction builds on extensive experience in combined-cycle plant engineering and integration.

Anis also emphasized that the deployment of GE Vernova’s advanced H-Class turbine technology could support future carbon capture implementation, helping further reduce emissions from gas-fired generation assets in Saudi Arabia.

GE Vernova has maintained a presence in Saudi Arabia for nearly 90 years and continues supporting the Kingdom’s energy infrastructure development, industrial localization, workforce development, and economic diversification goals connected to Vision 2030.

The company currently employs approximately 850 people across Saudi Arabia. Its investments in the country include the Khobar Integration Facility (KIF) for grid technologies and the GE Manufacturing and Technology Center (GEMTEC) campus in Dammam. The campus includes gas turbine service and repair operations, the GE Saudi Advanced Turbines (GESAT) manufacturing facility, the GE MENA Decarbonization Center of Excellence, and a Monitoring & Diagnostics Center that remotely supervises power generation assets.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Electrification, and Wind technologies, supported by a range of accelerator businesses. With more than 130 years of industrial and energy experience, the company develops technologies aimed at supporting electrification while advancing decarbonization efforts worldwide.

Headquartered in Cambridge, Massachusetts, GE Vernova operates in approximately 100 countries and employs around 85,000 people globally. Its Gas Power division develops advanced natural gas technologies, high-efficiency turbine systems, and decarbonization solutions designed to support lower-carbon and more flexible electricity generation.

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