• The 100 MW Powerica project heralds India’s introduction of GE Vernova’s 3.8 MW–154m turbine, engineered for durability and scalability in diverse wind conditions
• The turbines will be produced at GE Vernova’s Pune manufacturing hub, emphasizing localized production with efficiency and high standards
• The company has also secured a spot on India’s Approved List of Models and Manufacturers (ALMM), demonstrating preparedness to meet the nation’s expanding wind energy demands

New Delhi, India (June 4, 2026) – GE Vernova Inc. (NYSE: GEV) has entered into a contract with Powerica Limited to provide 28 units of its 3.8 MW–154m* onshore wind turbines for Gujarat’s Botad Wind Farm. This 100 MW initiative marks the Indian market debut of GE Vernova’s 3.8 MW turbine platform, representing a critical step in expanding its onshore wind solutions within one of the globe’s most rapidly evolving renewable energy landscapes.

The agreement encompasses turbine supply and installation services, fortifying a collaboration that has successfully completed four wind energy projects. Powerica secured the project’s Power Purchase Agreement (PPA) through a competitive bidding process managed by Gujarat Urja Vikas Nigam Limited (GUVNL). Turbine deliveries are slated to commence during the final quarter of 2026.

GE Vernova has received certification from India’s Ministry of New and Renewable Energy (MNRE) and been added to the Approved List of Models and Manufacturers (ALMM) for wind turbines—a mandatory qualification for manufacturers operating in India’s wind sector.

Production for this initiative will originate from GE Vernova’s Pune manufacturing facility, which is projected to achieve an annual production capacity of 1,500 MW at full scale. This expansion enhances domestic production capabilities and underscores GE Vernova’s sustained investment in India’s wind energy future.

India’s renewable energy targets include 500 GW of non-fossil fuel capacity by 2030, with 100 GW allocated to wind power. GE Vernova’s Wind division surpassed 5 GW of installed capacity in India during 2025, highlighting the company’s enduring role in advancing the nation’s clean energy objectives.

Deepak Maloo, General Manager of GE Vernova’s Onshore Wind business in India, stated: “We’re delighted to renew our collaboration with Powerica as we unveil our latest turbine innovation in India. The 3.8 MW–154m model is engineered to provide operational efficiency, dependable performance, and adaptability to India’s unique wind profiles. With ALMM certification and localized manufacturing in Pune, we’re strategically positioned to support India’s 500 GW renewable energy milestone.”

Pradeep Gupta, Whole Time Director, Powerica Limited remarked: “This fourth Gujarat-based project with GE Vernova marks a significant milestone. The introduction of their 3.8 MW–154m turbine, optimized for India’s market requirements, strengthens our independent power producer portfolio while reinforcing our dedication to driving progress in renewable energy.”

The 3.8 MW–154m turbine incorporates features tailored to Indian conditions, including a 30-year operational lifespan, advanced lightning protection systems, and the industry’s first digital blade certification for every unit produced. Its design includes modular steel tower construction and 650-ton crane installation compatibility, enabling faster deployment and reduced costs. The model also boasts superior service metrics across critical components for maximum operational uptime.

All GE Vernova wind turbines, including those manufactured in India, utilize the company’s AI-driven digital blade certification process, ensuring rigorous quality control and performance standards from initial design through ongoing operations.

GE Vernova’s operational history in India dates back over a century. The company maintains a robust manufacturing and engineering network, including a wind turbine facility in Pune, a Technology Center in Bengaluru, and a blade production plant in Vadodara, strategically positioning it to advance accessible, sustainable power solutions nationwide.

GE Vernova’s Wind division maintains a global fleet of around 59,000 turbines representing approximately 120 GW of installed capacity. Its portfolio features next-generation high-capacity onshore turbines designed to accelerate renewable energy adoption while contributing to carbon reduction initiatives.

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Germany’s wind energy landscape is undergoing rapid transformation, creating both opportunities and challenges for developers. Navigating complex auction tariff systems and shifting regulatory frameworks requires exceptional precision. While recent planning reforms have accelerated permitting processes, auction volumes have often fallen short of expectations. This dynamic environment demands meticulous coordination and a business model centered on operational certainty and disciplined project execution.

Despite these hurdles, the German wind sector remains a powerhouse of ambition. As one of Europe’s leading onshore wind markets, it boasts a robust industrial infrastructure and a decades-long tradition of community-driven energy initiatives. Modern wind turbines must maintain cost competitiveness while simultaneously enhancing project economics through optimized manufacturing, logistics, installation, and long-term maintenance strategies.

For Dimitri Schneider, managing director and executive sourcing leader at GE Vernova, success hinges on achieving “reliability at scale” in today’s competitive market. This approach emphasizes consistent delivery of proven technologies through rigorous execution and continuous process improvements. The company’s 6.5 MW-164m onshore turbine exemplifies this philosophy, featuring factory-to-site processes that have been thoroughly tested and standardized.

Consistency as a Competitive Edge

The 6.5 MW-164m turbine is manufactured at GE Vernova’s Salzbergen facility in northwestern Germany, where production repeatability has recently achieved a significant benchmark. This plant has now produced over 25 GW of onshore wind capacity, underscoring its disciplined approach to product development and collaborative partnerships in one of Europe’s most advanced wind energy regions.

The hub line at GE Vernova’s Salzbergen wind facility.

This turbine serves as both catalyst and symbol of the facility’s success. Introduced globally in 2019, it builds on extensive operational data and field experience. “Our product development has always prioritized quality, long-term performance, and enduring reliability,” notes Marcas Breatnach, GE Vernova’s Northern Europe sales leader for Onshore Wind. “Achieving low levelized cost of electricity (LCOE) requires sustained turbine performance throughout its operational lifespan.”

Consistent execution has become increasingly critical as project plans align more closely with real-world implementation. With tightening auction prices, operational excellence now plays a pivotal role in commercial success. Asset performance directly impacts returns, making LCOE dependent not just on turbine specifications or upfront costs, but crucially on proven reliability over decades of operation.

Community-Centric Energy Transition

This milestone carries distinct German characteristics, particularly through its connection to community-owned wind farms—the 25th gigawatt from Salzbergen was dedicated to such a project. This reflects Germany’s unique energy transition model, where local communities actively participate in renewable development through ownership stakes, financing mechanisms, and direct involvement in project planning.

Such achievements underscore GE Vernova’s commitment to collaborative partnerships across all scales, according to Breatnach. “Our approach prioritizes practical cooperation with customers, whether they’re major utilities or grassroots initiatives.” Local manufacturing at Salzbergen supports approximately 700 jobs, strengthens regional supply chains, and provides developers with assurance that critical energy infrastructure is produced near end-users.

Strategic Path Forward

As a cornerstone of GE Vernova’s European operations, Salzbergen’s influence extends far beyond Germany’s borders. “Our strategic location offers superior logistics infrastructure,” explains Schneider. The facility serves international markets while maintaining close supplier relationships, enabling rapid adaptation to changing conditions. This agility proves crucial amid ongoing supply chain disruptions, regulatory pressures, and the urgent need to accelerate renewable deployment.

Looking ahead, Schneider identifies three pillars for Europe’s decarbonization success: execution capability, resilience, and collaboration. He argues that ambitious climate targets will only translate into tangible capacity through precise project completion, technologies validated under real-world conditions, and enduring industry partnerships.

“GE Vernova sees Salzbergen as embodying this strategic vision,” Schneider concludes. “By combining reliability, collaborative partnerships, and industrial expertise, we’re positioned to scale onshore wind energy solutions across Europe and globally.”

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Wind turbines, towering symbols of renewable energy and climate action, still carry an environmental paradox: Their steel towers contribute 7-9% of human-made greenhouse gas emissions globally. Though the energy they generate is clean, the infrastructure supporting these giants remains tied to carbon-intensive materials.

Steel production annually releases 2.8 gigatons of carbon dioxide worldwide — surpassing emissions from all nations except China, the U.S., and India — and constitutes roughly 8% of anthropogenic greenhouse gas emissions. Traditional methods embed carbon into the process: For every kilogram of steel created, two kilograms of CO₂ enter the atmosphere, primarily from fossil-fuel-powered furnaces reaching 4,000°F (2,200°C).

GE Vernova aims to break this cycle by integrating SSAB Zero, a near-carbon-neutral steel produced by Swedish manufacturer SSAB. Made in Iowa using renewable energy and biogas from organic waste, the material matches conventional steel’s properties while slashing emissions. This innovation earned “green steel” recognition as a 2025 MIT Technology Review breakthrough, alongside efforts from other industry leaders.

With SSAB Zero incorporated into turbine towers, GE Vernova now markets some of the most climate-friendly wind turbines available. Over 500 units utilizing this low-emission steel are already generating power at U.S. onshore wind farms.

“Our goal at GE Vernova is to decarbonize energy systems through innovation,” explains Emira Biser, the company’s senior director of supply chain sustainability. “This begins with transforming our products. We’re committed to eliminating emissions across every turbine component, starting with the tower.”

A Foundational Shift

Towers represent approximately 25% of a turbine’s manufacturing carbon footprint in North America, making them a strategic starting point. Steel’s inherent carbon intensity stems from its production: Extracting iron from ore requires coke-fueled furnaces and carbon infusion, a method unchanged since ancient times. These energy-heavy processes account for 70% of the steel industry’s emissions.

SSAB Americas addresses this by operating U.S. plants almost entirely on fossil-free energy and using 98% recycled scrap metal instead of raw ore. This dual approach reduces resource extraction and waste while maintaining material quality.

By cutting tower emissions, GE Vernova enables clients to shrink their environmental footprints. Biser emphasizes that the partnership with SSAB also aims to catalyze systemic change: “We’re redefining sustainability standards in wind energy and pushing steelmakers to adopt cleaner technologies. This proves progress is achievable even in traditionally hard-to-abate sectors.”

“Other industries should view this as a benchmark,” she adds. “Ambition drives transformation.”

Building a Broader Vision

The collaboration extends beyond turbine towers. GE Vernova is equipping SSAB’s Swedish facility in Oxelösund with its Direct Feed power system, which uses modular multilevel converter technology to stabilize energy supply for electric arc furnaces. Scheduled for 2026 installation, this will support scaled production of low-carbon steel. Meanwhile, SSAB is converting its Luleå plant to an all-electric steel mill.

For Biser’s team, these steps align with climate goals but also reflect deeper values. “Numbers alone don’t capture sustainability’s essence — it’s about passion and purpose,” she says. “Every innovation connects to real-world impact, empowering us to contribute to something greater than ourselves.”

This article contains forward-looking statements, which provide current expectations based on certain assumptions. Except as required by law, we disclaim any obligation to update these statements.

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• BBWind and Greenvolt Power will deploy GE Vernova’s proven turbine technology to advance Germany’s onshore wind development
• Agreements strengthen GE Vernova’s partnership with BBWind and establish new collaboration with Greenvolt Power
• Projects utilize GE Vernova’s engineering and manufacturing capabilities at its Salzbergen, Germany facility

MADRID, SPAIN (April 23, 2026) – GE Vernova’s Wind segment finalized agreements today to deliver 71.5 megawatts of onshore wind turbines to BBWind and Greenvolt Power for deployment across multiple German projects. These contracts, executed during the fourth quarter of 2025, mark a pivotal step in GE Vernova’s efforts to advance Germany’s renewable energy transition.

The agreements include a new phase in GE Vernova’s partnership with BBWind, a regional wind project developer based in Muenster. The collaboration with Greenvolt Power highlights GE Vernova’s expanding presence in the German market, positioning the company as a key technology provider for large-scale renewable energy initiatives.

GE Vernova maintains a significant manufacturing footprint in Germany through its 70,000-square-meter plant in Salzbergen. This facility, which assembles critical components including machine heads, drive trains, and hubs, serves as a vital hub for supplying turbines to European and Asian markets.

Germany added roughly 4.6 gigawatts of onshore wind capacity in 2025, aligning with its national target of achieving 80 percent renewable electricity generation by 2030.

Gilan Sabatier, GE Vernova’s Chief Commercial Officer for onshore wind, international markets stated, “We are proud to deepen our relationship with BBWind and embark on this significant volume of work with Greenvolt Power. These orders for over 70 MWs demonstrate the trust our customers place in our workhorse turbines to deliver reliable, renewable energy. With our manufacturing hub in Salzbergen, we are uniquely positioned to support Germany’s ambitious wind energy goals with locally produced technology.”

Michael Schlüß of BBWind, commented, “The continued cooperation with GE Vernova is a testament to the reliability and performance of their technology in the community wind sector. By expanding our portfolio with these new orders, we continue to ensure that local communities remain at the heart of Germany’s energy transition.”

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MADRID, SPAIN (April 20, 2026) – GE Vernova Inc. (NYSE: GEV) has inked a contract to deliver 15 units of its 6.1 MW-158m* workhorse wind turbines for Renovalia’s Santa Maria de las Fuentes wind energy project in Spain. This agreement, secured during Q4 2025, reinforces the company’s dedication to advancing Spain’s renewable energy ambitions.

Spain aims to install 62 gigawatts of wind capacity by 2030, forming a key component of its strategy to produce over 80 percent of national electricity from renewable sources before 2030 concludes.

GE Vernova operates approximately 6 GW of the nation’s wind energy capacity. The corporation maintains manufacturing operations in Toledo, Ponferrada, and Castellón, alongside an engineering excellence hub in Barcelona, which collectively support Europe’s wind energy demands.

Gilan Sabatier, GE Vernova’s Chief Commercial Officer of onshore wind, international markets, stated, “We’re excited to reveal this latest collaboration for the Santa Maria de las Fuentes facility. Our workhorse turbines are specifically engineered for Spain’s wind conditions, delivering the dependability and efficiency required to address growing energy needs, enhance energy security, and meet aggressive decarbonization objectives.”

José Manuel Olea, CEO of Renovalia, remarked: “The Santa María de las Fuentes initiative represents another pivotal milestone in our mission to become a premier renewable energy platform. Partnering with GE Vernova enables us to deploy cutting-edge technology that maximizes clean energy output while fortifying the national grid’s reliability. Our focus remains on developing initiatives that fulfill environmental goals and stimulate regional economic growth and sustainability.”

The Santa Maria de las Fuentes project joins an expanding portfolio of Spanish wind farms leveraging GE Vernova’s 6.1 MW platform, engineered to deliver premium, cost-effective, and eco-conscious renewable energy at scale.

GE Vernova’s Wind division maintains a global installed capacity of 120 gigawatts across 59,000 turbines. With over two decades of customer-centric innovation, its turbine lineup features advanced high-capacity models driving worldwide decarbonization efforts.

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STOCKHOLM (April 7, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) announced today that it has signed a Main Services Agreement (MSA) with AFRY, a prominent Swedish firm specializing in engineering, project management, and advisory services, to support the rollout of its BWRX-300 small modular reactor (SMR) technology.

Under this non-exclusive partnership, AFRY will provide engineering and consulting services, drawing on its strong industry expertise, regional knowledge, and extensive European footprint. The collaboration is expected to create opportunities for Swedish industries to engage in high-value projects tied to the expanding SMR market in Europe and globally.

“This agreement demonstrates our dedication to developing a robust Swedish and European industrial ecosystem around the BWRX-300,” said Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy. “Our focus extends beyond reactor technology to long-term cooperation, strengthening local capabilities, and generating regional value. Sweden’s strong industrial foundation and advanced engineering expertise make it an ideal partner, and working with AFRY enhances our ability to deploy the BWRX-300 while integrating local industry into Europe’s energy transition.”

Elon Hägg, EVP and Head of Global Division Energy at AFRY, commented: “Through our cooperation with GE Vernova Hitachi, we aim to position Sweden as a central hub in the future SMR value chain while supporting the development of the country’s nuclear energy program. This partnership combines local competence with global reach and contributes to delivering reliable, low-carbon energy solutions.”

By integrating GVH’s established BWRX-300 technology and international project experience with AFRY’s engineering capabilities, the partnership is structured to enable efficient, repeatable, and scalable deployment across multiple European projects. Beyond engineering services, AFRY will also assist GVH in preparing a license application for the BWRX-300 to the Swedish Radiation Safety Authority (SSM).

Global momentum for the BWRX-300 continues to grow. Construction of the first unit is underway at Ontario Power Generation’s Darlington site in Canada, with completion expected before the end of the decade, making it the first SMR in the Western world. Major components, including the reactor pressure vessel, are already in production, while site development is progressing as planned. In the United States, the Nuclear Regulatory Commission has accepted and is reviewing the Tennessee Valley Authority’s application to build the first BWRX-300 at its Clinch River site in Oak Ridge, Tennessee. These and other developments highlight GVH’s progress and leadership in scaling SMR technology for commercial deployment worldwide.

About GE Vernova Hitachi Nuclear Energy

GE Vernova’s nuclear energy division, operating through its global alliance with Hitachi Ltd., is a leading provider of nuclear services and advanced reactor technologies. Its portfolio includes boiling water reactors and small modular reactors such as the BWRX-300, recognized as one of the simplest yet most innovative designs in its class. GE Vernova’s fuel business, Global Nuclear Fuel (GNF), is a major supplier of fuel for boiling water reactors and related engineering services. GNF operates as a joint venture led by GE Vernova in partnership with Hitachi, Ltd., with primary operations in Wilmington, North Carolina (Global Nuclear Fuel-Americas, LLC) and Kurihama, Japan (Global Nuclear Fuel-Japan Co., Ltd.). HITACHI is a trademark of Hitachi, Ltd., and GE is a trademark of General Electric Company, both used under license.

Forward-Looking Statements

This document contains forward-looking statements, which relate to future events and inherently involve varying degrees of uncertainty. Such statements often address GE Vernova’s anticipated business performance, financial condition, product performance, and the expected impact of its services. They typically include terms like “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “estimate,” “forecast,” or similar expressions. Forward-looking statements involve uncertainties related to planned or potential transactions, investments, or projects, as well as the effects of macroeconomic conditions, market volatility, global supply chains, and the broader world economy on the company’s operations and financial results.

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Living up to their name, the Sunbelt states — stretching from Georgia to Arizona — are rapidly expanding solar capacity. Texas is currently at the forefront, though several other states are also accelerating growth. Over the past year, Mississippi increased its solar capacity by 73%, while Louisiana posted an even stronger rise of 90%, according to data from the Energy Information Administration.

Over the last decade, power grids have generally managed this surge in solar generation effectively. However, grids remain highly sensitive systems that require additional technical support as they handle increasing volumes of variable renewable energy. To preserve stability, engineers often integrate synchronous condensers — motor-generator systems that help maintain voltage levels and regulate power flows. Demand for such systems — widely deployed by GE Vernova in regions from the U.K. to Saudi Arabia — is growing globally due to their ability to provide grid inertia, short-circuit strength, and dynamic voltage support. Despite the name, inertia is exactly what modern grids need to remain stable.

Several years ago, GE Vernova began investigating alternative ways to address grid stability challenges using existing power generation assets. This effort led to an innovative breakthrough: its 7F series gas turbines can be enhanced to operate with synchronous condenser functionality while still retaining their standard power generation capabilities. Last year, the company partnered with a utility in the southern United States to implement a first-of-its-kind project that combines these two functions in real-world operation.

“This is something entirely new,” said Louis Veltre, product manager for 7F gas turbines at GE Vernova’s Gas Power division. “While similar capabilities exist for smaller aeroderivative turbines, this is the first time it has been applied to a full-scale heavy-duty gas turbine. We see strong potential here.” Given the widespread global deployment of these turbines, this innovation could unlock significant cost efficiencies while supporting continued renewable energy expansion.

Transforming Turbines into Multi-Functional Assets

According to Veltre, this enhancement becomes particularly valuable during peak solar production hours, when gas turbines would otherwise remain idle. “These turbines are connected to large generators capable of supporting grid stability,” he explained. “But when solar output is high, they typically sit unused, waiting to be dispatched solely for electricity generation. That means we already have powerful assets in place that can do more.”

During the project, engineers evaluated three potential approaches. Two options involved installing a mechanical clutch, but both proved either too costly or too complex. Ultimately, the team selected a clutchless solution previously developed by GE Vernova. “The six-month study was highly collaborative,” Veltre noted. “We assessed risks, mitigation strategies, and overall costs. In the end, all parties agreed that the clutchless approach offered the best balance.” The solution was successfully tested on a single 7F.05 turbine, establishing a proof of concept that could be replicated at other similar sites.

Renato Yabiku, product manager for synchronous condensers at GE Vernova’s Power Conversion and Storage division, emphasized the importance of maximizing existing infrastructure: “When you already have such a valuable asset, the goal is to optimize its use across varying operating conditions throughout the day.”

A Natural Synergy

This upgraded capability fits particularly well in Sunbelt regions, where solar generation peaks around midday — often exceeding what the grid can absorb. As a result, excess energy must be curtailed, meaning some of the generated electricity is effectively wasted.

Curtailment occurs for multiple reasons, Yabiku explained. In some situations, supply simply exceeds demand. In others, the grid lacks sufficient short-circuit strength, reactive power support, or inertia, limiting its ability to distribute available electricity. In such cases, adding synchronous condenser functionality — especially if located at critical grid nodes — can help reduce these losses.

The inability to fully utilize low-carbon electricity negatively impacts both solar project economics and environmental goals. However, Veltre pointed out that this new approach introduces an elegant solution: in the future, surplus solar energy could be used to power these modified turbines.

GE Vernova’s 7F.05 heavy-duty gas turbine is capable of operating in synchronous condenser mode, delivering voltage control, reactive power, and system inertia without consuming fuel. It can support renewable energy integration by utilizing surplus solar or wind power to stabilize the grid. (Image credit: GE Vernova)

When operating in standard turbine mode, 7F units burn natural gas. In synchronous condenser mode, however, they require electricity instead of fuel. In this configuration, the turbines shift roles — managing reactive power within the grid — and operate without combustion, relying solely on electrical input.

According to Veltre, this creates a highly efficient cycle: the grid requires stabilization precisely when excess solar energy is available, and that same surplus energy can be used to power the synchronous condenser function. In high-renewable systems, gas turbines are typically used to ensure stability through generation. By switching operating modes, they unlock an additional grid-support function that enhances overall system performance.

“This approach can also significantly reduce carbon emissions,” Veltre added. “Instead of burning fuel for voltage support, solar energy can be used to drive the generator and rotate the turbine, while simultaneously managing reactive power.” He noted that regions with high renewable penetration — such as California, Australia, the Middle East, and parts of Europe — are strong candidates for adopting this technology.

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Constructing large-scale infrastructure demands significant resources, technical expertise, and unwavering determination. For Aula Energy’s Carmody’s Hill Wind Farm in South Australia’s remote Mid North region, success hinged on collaboration among multidisciplinary teams navigating challenges from road construction to analyzing rare grid failure scenarios—all under an accelerated timeline. The outcome? Regulatory approval achieved in record time, with the project progressing from GE Vernova’s award to construction in under 12 months, potentially setting a national benchmark for speed.

“Typically, this phase spans two to three years,” notes Jackie Brown, GE Vernova’s commercial director for onshore wind across Australia, New Zealand, and Asia. “Closing this project so rapidly ensures electricity generation will commence before 2030, aligning with Australia’s critical climate commitment.”

A Rugged Region in Transition

South Australia’s Mid North, known for its consistent winds, occupies the traditional lands of the Nukunu people. Colonized in the 1800s, the area evolved from mining and agriculture into a landscape dotted with vineyards, dairy farms, and grazing pastures for prized merino sheep. As industries consolidated, vast tracts of land became ideal for renewable energy development.

Forty-six of GE Vernova’s workhorse wind turbines graze among the sheep at Bango Wind Farm in New South Wales, where they generate up to 244 MW of wind energy annually. Bango was the first site in Australia to use GE Vernova’s 5/6-MW workhorse range back in 2019.

Australia’s 2050 net-zero mandate spurred utilization of the Mid North’s wind resources, where South Australia now hosts over 2,000 megawatts (MW) of wind capacity. Yet even with favorable policies, projects like Carmody’s Hill require proven technology, technical precision, and collaborative execution.

Brown attributes the project’s swift permitting to GE Vernova’s 6.1 MW–158m “workhorse” turbines, which will deliver 256 MW of clean energy upon completion. With 57,000 global installations and decades of performance data, these turbines provide grid operators confidence in their reliability under diverse conditions.

“Australia’s grid regulations prioritize system stability,” explains Ajay Gururaja, GE Vernova’s senior grid project manager. “These standards ensure localized disruptions—like a power plant outage or fallen transmission lines—don’t trigger cascading failures across the network.”

GE Vernova’s local grid expertise, combined with operator familiarity with the 6-MW turbine platform, secured grid approval in just nine months.

A Proven Wind Playbook

GE Vernova’s Australian wind legacy accelerated progress. The company’s involvement in Queensland’s Boulder Creek Wind Farm—a 228-MW project with Aula Energy—and repeated deployment of its 6-MW turbines across South Australia established credibility. Having achieved financial close on at least one Australian wind project annually from 2017 to 2025, GE Vernova leads the industry with 3.5 gigawatts (GW) of operational or under-construction wind capacity.

Construction at Coopers Gap Wind Farm in Queensland. Built between 2017 and 2019, this landmark project was GE Vernova’s first wind project in Queensland and the largest wind farm in the country at the time of completion.

“Carmody’s Hill highlights how our standardized turbine strategy simplifies contracts, expedites grid approvals, and boosts fleet-wide reliability,” says Gilan Sabatier, GE Vernova’s international chief commercial officer for onshore wind.

Delivering the project requires orchestrating multiple stakeholders: GE Vernova will supply turbines, while partners handle roads, foundations, and electrical infrastructure. “It’s like baking a complex cake with different chefs for each ingredient,” Gururaja analogizes.

Collaboration eases complexity. Many teams previously worked together on Boulder Creek, fostering trust. “Existing relationships mean we can rely on each other’s expertise,” Brown adds.

Community engagement shaped the project’s design, with a $900 million investment funding local initiatives and creating 200 construction jobs. When operational in 2028, the wind farm will power 195,000 homes.

“Reaching financial close and regulatory approval this quickly marks a milestone for everyone involved,” Brown concludes.

Forward-Looking Statements

This article contains forward-looking statements, which provide current expectations based on certain assumptions. Except as required by law, we disclaim any obligation to update these statements.

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• IHI and GE Vernova have successfully demonstrated the combustion of 100% ammonia using full-scale equipment under pressure, temperature, and flow conditions equivalent to full-load operation of GE Vernova’s F-class gas turbines.
• The emissions recorded during testing are consistent with the companies’ development roadmap, and both partners continue further validation using prototype combustor technologies.
• This project is expected to contribute significantly to energy sector decarbonization* by enabling combustion processes with minimal or zero CO₂ emissions.

TOKYO, JAPAN – ATLANTA, GA (March 18, 2026) – IHI Corporation (IHI) and GE Vernova Inc. (NYSE: GEV) announced the successful completion of a test involving 100% ammonia combustion in GE Vernova’s F-class gas turbines. The emission performance achieved aligns with their long-term development strategy aimed at delivering a fully ammonia-fueled gas turbine, with commercial deployment targeted by 2030.

“An important part of the ammonia value chain is now being realized,” said Noriaki Ozawa, Managing Executive Officer and President of the Resource, Energy & Environment Business Area at IHI. “Since entering into our joint development agreement in 2024, collaboration between our teams has accelerated significantly, and we are now seeing tangible results. Achieving full-scale ammonia combustion in an F-class gas turbine represents a key milestone and supports our customers’ decarbonization strategies in the power sector.”

The test was carried out at a специально designed IHI facility, built to replicate the real operating environment of GE Vernova’s F-class turbines.

“The ability to operate an F-class gas turbine entirely on ammonia fuel is a major step toward a lower-carbon energy future,” said Jeremee Wetherby, Carbon Solutions leader at GE Vernova. “This milestone validates our roadmap and highlights the strength of our partnership with IHI. We believe ammonia has strong potential as a carbon-free fuel, and we remain committed to advancing its role in global decarbonization efforts.”

Ammonia is already widely used in industrial sectors, particularly in fertilizer production. As a hydrogen carrier, it offers a more efficient and cost-effective solution for transportation and storage. Additionally, ammonia is expected to play a growing role in power generation as a carbon-free fuel. Because it contains no carbon, its combustion does not directly produce CO₂, making it a promising option for reducing emissions in the energy sector. (Note: even when using carbon-free fuels, trace CO₂ emissions may occur due to the presence of carbon dioxide in ambient air.)

About IHI

IHI has a long history of creating value through integrated industrial solutions, dating back to the establishment of Japan’s first modern shipyard in 1853. Over time, the company expanded from shipbuilding into a wide range of industries, including heavy machinery, infrastructure systems, energy plants, and aerospace technologies. Today, its core business areas include Resource, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. In the energy sector, IHI produces boilers and gas turbines for thermal power plants and is actively developing ammonia combustion technologies, along with supply chains for carbon-free ammonia fuel to support global decarbonization.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on power generation, wind energy, and electrification, supported by its accelerator businesses. With more than 130 years of experience addressing complex energy challenges, the company is positioned to support the global energy transition by expanding electrification while reducing carbon emissions. Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Its mission, “The Energy to Change the World,” reflects its commitment to delivering reliable, affordable, sustainable, and secure energy solutions.

GE Vernova’s Gas Power division develops advanced natural gas technologies and services, along with decarbonization solutions aimed at enabling a lower-carbon energy future. The business is a global leader in gas turbine technology and power plant services, with one of the largest installed bases in the industry.

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TOKYO (March 14, 2026) – GE Vernova (NYSE: GEV) and Hitachi, Ltd. (TSE: 6501, “Hitachi”) have signed a Memorandum of Understanding (MoU) to explore the potential deployment of the BWRX-300 small modular reactor (SMR) across Southeast Asia. The agreement was formalized during the Indo-Pacific Energy Security Ministerial & Business Forum in Tokyo, in the presence of Doug Burgum and Ryosei Akazawa.

Under the MoU, the two companies will collaborate through their joint ventures, GE Vernova Hitachi Nuclear Energy and Hitachi GE Vernova Nuclear Energy, to identify commercial prospects for deploying the BWRX-300 in Southeast Asia. The partnership will also examine ways to integrate qualified Japanese suppliers and enhance the SMR supply chain to support future reactor deployment in the region.

“As countries increasingly turn to nuclear energy to strengthen energy security, GE Vernova and Hitachi are committed to continuing our longstanding collaboration in advancing the global nuclear sector,” said Roger Martella, Chief Corporate Officer at GE Vernova. “Our SMR technology offers a long-term solution for nations across Southeast Asia.”

Yasunori Inada, Vice President and Executive Officer and CEO of the Nuclear Energy Business Unit at Hitachi, added: “Building on decades of experience in nuclear technology through our partnership with GE Vernova, we are eager to expand our efforts by exploring BWRX-300 deployment in Southeast Asia. Our goal is to support a sustainable energy future in the region by leveraging the combined strengths of both companies.”

Global momentum for the BWRX-300 continues to grow. The first unit is currently under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected before the end of the decade, positioning it as the first SMR in the Western world. Key components, including the reactor pressure vessel, are already being manufactured, while construction work is progressing as scheduled. A total of four SMRs are planned for the site.

In the United States, the U.S. Nuclear Regulatory Commission has accepted and is reviewing an application from the Tennessee Valley Authority (TVA) to build the first BWRX-300 at its Clinch River site in Oak Ridge, Tennessee. These developments highlight the growing traction of the BWRX-300 as GE Vernova and Hitachi build on more than 50 years of experience in the nuclear industry, combining proven technologies and deep expertise to enable large-scale commercial deployment of SMRs worldwide.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on power generation, wind energy, and electrification, supported by its accelerator businesses. With over 130 years of experience addressing global energy challenges, the company is well positioned to support the energy transition by expanding electrification while reducing carbon emissions. Headquartered in Cambridge, Massachusetts, GE Vernova employs around 85,000 people across approximately 100 countries. Guided by its mission, “The Energy to Change the World,” the company delivers technologies aimed at creating a more reliable, affordable, sustainable, and secure energy future.

About Hitachi

Hitachi, Ltd. operates through its Social Innovation Business (SIB), integrating IT, operational technology (OT), and products to help build a balanced society where environmental sustainability, economic growth, and wellbeing coexist. The company conducts business globally across four main sectors: Digital Systems & Services, Energy, Mobility, and Connective Industries, alongside its Strategic SIB unit focused on emerging growth areas. With Lumada at its core, Hitachi leverages data, advanced technologies, and industry expertise to address complex societal and customer challenges. For FY2024 (ended March 31, 2025), the company reported revenues of 9,783.3 billion yen, with 618 consolidated subsidiaries and approximately 280,000 employees worldwide.

Forward-Looking Statements

This document includes forward-looking statements, which relate to future events and inherently involve varying levels of uncertainty. These statements typically address anticipated business performance, financial condition, product outcomes, and the expected impact of services provided by GE Vernova and Hitachi. They often include terms such as “expect,” “anticipate,” “plan,” “intend,” “estimate,” and similar expressions. Such statements involve uncertainties regarding planned or potential investments, transactions, or projects, as well as the influence of macroeconomic conditions, market volatility, global supply chains, and broader economic factors on business operations and financial results.

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• New facility in Hai Phong to produce large power transformers, mainly for HVDC transmission projects
• Investment strengthens manufacturing footprint to meet increasing regional and global demand
• Project expected to generate around 450 jobs and support workforce development in Vietnam

Hai Phong, Vietnam | March 10, 2026 – GE Vernova (NYSE: GEV) announced an investment of approximately $200 million to expand its Electrification segment by building a new manufacturing facility in Hai Phong, Vietnam. The Electrification business delivers technologies that support power transmission, grid reliability, and large-scale electrification initiatives worldwide.

This investment is part of GE Vernova’s broader plan to allocate $11 billion in capital expenditures and research and development between 2025 and 2028, including $1 billion dedicated to Prolec GE from 2026 to 2028. It follows the company’s recent $5.3 billion acquisition of Prolec GE aimed at boosting transformer production in North America, along with over $300 million invested in U.S. grid facilities and the expansion of its Stafford, UK site to enhance HVDC and grid manufacturing capabilities in Europe.

The new Hai Phong facility will focus on producing large power transformers primarily for High-Voltage Direct Current (HVDC) projects, complementing existing manufacturing sites in Stafford, UK, and India. These solutions are essential for transmitting electricity efficiently over long distances and ensuring that power systems can handle growing demand safely and reliably.

“Global electrification is accelerating, and strong power infrastructure is becoming increasingly critical for economic development and energy security,” said Philippe Piron, CEO of GE Vernova’s Electrification segment. “This investment increases our capacity in a region with rapidly growing demand while strengthening a diversified supply chain that can support customers across Asia and beyond. It also highlights our long-term commitment to Vietnam’s industrial growth.”

The Hai Phong site will be developed in phases, with full operations expected by 2028, pending regulatory approvals. Once operational, it will contribute to GE Vernova’s overall transformer production capacity, with a primary focus on serving the fast-growing Asian market.

Electricity demand is expanding particularly quickly in rapidly industrializing and urbanizing regions, where infrastructure upgrades and grid expansion are progressing at a fast pace. Establishing manufacturing capacity in this region will help improve delivery timelines, enhance supply chain resilience, and support reliable project execution.

The project is expected to create approximately 450 jobs by 2030, with a strong focus on local hiring. GE Vernova also plans to introduce workforce training and knowledge transfer programs in Vietnam, helping develop local expertise while integrating the Hai Phong facility into its global Electrification manufacturing network.

GE Vernova’s equipment already supports up to 30% of Vietnam’s electricity supply, reflecting the company’s long-standing presence in the country. Currently, GE Vernova employs more than 1,100 people across nine locations in Vietnam. In addition to the new Hai Phong facility, the company operates the Phu My repair center and the Dung Quat HRSG manufacturing plant, both part of its global service and production network.

Forward-Looking Statements

This document includes forward-looking statements, meaning statements related to future events that involve varying levels of uncertainty. These statements address GE Vernova’s expected business performance, financial condition, product capabilities, and the potential impact of its services. They often include terms such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “estimate,” “forecast,” or similar expressions. Such statements are subject to risks and uncertainties, including those related to planned investments, market conditions, macroeconomic factors, and global supply chain dynamics, which may affect actual outcomes.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by its accelerator businesses. With over 130 years of experience, the company is positioned to play a key role in the energy transition by advancing electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that help deliver a more reliable, sustainable, and affordable energy future.

GE Vernova’s Grid Solutions business provides advanced technologies for power transmission and distribution, supporting grid modernization and enabling a secure, decarbonized energy system.

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WILMINGTON, North Carolina (March 10, 2026) – Global Nuclear Fuel (GNF), a GE Vernova-led partnership with Hitachi, Ltd. and an affiliate of GE Vernova Hitachi Nuclear Energy, announced that it has been awarded a contract by Entergy to continue supplying fuel for its Grand Gulf and River Bend nuclear power stations.

The new contract extends the existing agreement through 2035 and includes four reloads utilizing the advanced GNF4 fuel design.

“We have been supplying fuel to Grand Gulf and River Bend since 2008, and we are pleased to continue supporting Entergy with our latest and most advanced fuel technology, GNF4,” said Craig Ranson, Installed Base CEO of GE Vernova Hitachi Nuclear Energy and CEO of GNF. “We are confident that GNF4 will deliver both economic and operational benefits.”

Lead test assemblies of GNF4 are scheduled to be introduced at River Bend in 2027. Full reload deployments are planned for Grand Gulf in 2030 and River Bend in 2031.

Launched in October 2025, the 11×11 GNF4 next-generation fuel incorporates two key advanced technologies approved by the U.S. Nuclear Regulatory Commission: Ziron cladding, designed for enhanced corrosion resistance, and aluminosilicate-doped uranium dioxide pellets, which provide Accident Tolerant Fuel (ATF) advantages by improving overall reliability.

“Entergy is proud to maintain our long-term partnership with GE Vernova in fueling our boiling water reactors,” said Jack Davis, GM of Nuclear Fuels & Integrated Risk Services at Entergy. “We have been leaders in advancing ATF technologies, turning innovative concepts into practical solutions. The GNF4 design enables us to maintain power output while using less uranium and lower enrichment levels, resulting in cost savings for our customers.”

Fuel fabrication for both plants will be carried out at GNF’s facility in Wilmington, North Carolina.

In addition to fuel manufacturing, GNF offers a comprehensive range of services to nuclear power operators, including core and fuel cycle engineering, reload licensing, core management, predictive analytics, fuel reliability assessments, cyber-secure monitoring systems, fuel inspection services, and consulting on reactor operations and long-term fuel storage strategies.

About Global Nuclear Fuel

Global Nuclear Fuel (GNF) is a leading global supplier of fuel for boiling water reactors, along with related engineering services. The company operates as a GE Vernova-led alliance with Hitachi, Ltd. and conducts its primary operations through Global Nuclear Fuel-Americas, LLC in Wilmington, North Carolina, and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. Its affiliate, GE Vernova Hitachi Nuclear Energy, is a major provider of nuclear reactor services and advanced reactor designs, with key operations based in Wilmington, North Carolina.

About Entergy

Entergy (NYSE: ETR) generates, transmits, and distributes electricity to approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company continues to invest in strengthening grid reliability and resilience while maintaining affordability for customers. Its energy portfolio includes natural gas, nuclear, and renewable generation. Headquartered in New Orleans, Louisiana, Entergy is a Fortune 500 company with around 12,000 employees and is widely recognized for its commitment to sustainability and community development.

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Located on Tanzania’s southeastern coastline near the Mozambican border, Mtwara is an area rich in opportunity. With significant onshore and offshore natural gas reserves, it plays an important role in the country’s long-term economic strategy. However, until recently, electricity demand in the region was growing faster than available supply.

Unlike major urban centers, Mtwara is not connected to the national grid. Instead, it has relied on a small, isolated system powered by outdated reciprocating engines. To address these challenges, TANESCO, the state-owned utility, implemented an innovative approach: relocating two GE Vernova TM2500 aeroderivative gas turbines — mobile, aircraft-engine-derived power units — from other parts of the country.

“The flexibility of these turbines was critical to making the project work,” said Gilman Kasiga. “TANESCO was able to shift generation capacity to where it was needed most, helping stabilize electricity supply for communities and businesses that had experienced outages for years.”

One of the mobile TM2500 aeroderivative gas turbines relocated to Mtwara to provide reliable electricity in southeastern Tanzania. (Image credit: GE Vernova)

Speed and Adaptability

In recent years, pressure on Mtwara’s electricity system has increased significantly. The region is experiencing rapid population growth and hosts energy-intensive industries, including Tanzania’s largest cement plant. Its deepwater port has also developed into a key export hub, facilitating trade with international markets. Additionally, a planned $42 billion liquefied natural gas project is expected to further accelerate economic activity and electricity demand.

By 2022, improving power reliability in Mtwara became a priority for TANESCO. The utility faced a choice: wait years for new infrastructure or act immediately. In collaboration with GE Vernova, it identified a mobile gas turbine in Dar es Salaam that could be rapidly redeployed.

This relocation did not significantly impact Dar es Salaam, which is connected to Tanzania’s national grid with over 4,000 megawatts of installed capacity. The temporary reduction in generation was minimal and absorbed without major disruption. Designed as a modular, trailer-mounted system, the TM2500 turbine was built for mobility. After disassembly, it was transported by road and sea to Mtwara and reinstalled within a few months.

At the Mtwara II plant, TANESCO representative Inyanya Ndeya (left) speaks with Erastus Ndungu, senior sales manager at GE Vernova Gas Power. (Image credit: GE Vernova)

“The longest part of the process was actually waiting for transport,” Kasiga explained. “Without that delay, the relocation itself could have taken just four to five weeks. These turbines are modular — essentially unplug, move, and reconnect.”

The first relocation, completed three years ago, proved highly successful. As a result, a second turbine was moved to Mtwara last year. Together, the two units now provide approximately 40 megawatts of capacity, with built-in redundancy that ensures continued supply even during maintenance.

Skills Gained, Emissions Reduced

The project has delivered benefits beyond improved electricity reliability. It also strengthened local technical expertise. GE Vernova engineers worked closely with Power Associates Limited, which led the relocation and installation efforts.

According to Kasiga, the project created a lasting impact by enabling local teams to execute a complex, fast-track energy project to international standards. This experience has enhanced their capabilities and positioned them for more advanced projects in the future.

In addition, the newer turbine technology supports broader energy transition goals. Compared to older reciprocating engines, the TM2500 is more fuel-efficient and produces lower emissions per unit of electricity. Its dual-fuel capability — allowing operation on both gas and liquid fuels — also adds flexibility in situations where fuel supply may be constrained.

Resilience Amid Growing Demand

Ensuring this level of resilience is a key element of GE Vernova’s ongoing partnership with TANESCO. In Mtwara, the focus has now shifted from rapid deployment to long-term operation, including routine maintenance and targeted upgrades to keep pace with rising demand.

“Reliable electricity builds confidence — it encourages investment, business expansion, and improved services,” Kasiga said. “Stable power creates the foundation for both economic growth and social development, which is the ultimate goal of this project.”

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The wind energy sector is experiencing a phase of rapid expansion. Forecasts indicate global capacity will nearly double by 2030, surpassing 2,000 gigawatts. This surge requires existing manufacturing facilities to scale up operations, accelerate production cycles, and enhance efficiency to keep pace with demand.

Located along Vietnam’s northeastern coastline, GE Vernova’s Hai Phong facility exemplifies modern manufacturing evolution. Since its 2009 launch, this 800-employee plant has become a global hub for wind turbine generators and electrical components, producing 80% of the company’s renewable energy parts for international markets.

Recent operational overhauls at the site have yielded significant results. “Our productivity has risen 15%, efficiency improved by 25%, and delivery timelines shortened by 30%,” explains Vu Trang, the plant’s general director. Leading a management team where women hold nearly 70% of roles—more than double Vietnam’s national average for female leadership—she emphasizes these advancements allow increased output without new machinery or safety compromises.

The Hai Phong Leadership team (from left): Safety and Maintenance Manager Dinh Huu Hoang, Electrical Assembly COE Manager Nguyen Hoai Thu, Material Management Manager Nguyen Hoang Giang, General Director Vu Thu Trang, Human Resource Manager Nguyen Thi Hoai Phuong, Wind Turbine Generator COE Manager Le Thi La, Finance Manager Hoang Thi Doan Trang, and Sourcing Manager Hoang Trong Huy. All images: GE Vernova

For Trang and her colleagues, surging demand has become a catalyst for reimagining factory operations and leadership opportunities.

Turning Pressure into Improvement

Maintaining renewable energy momentum requires strategic foresight alongside speed. Hai Phong teams analyze demand projections 12-18 months ahead, coordinating preparations for material procurement, equipment capacity, and workforce readiness across multiple departments.

This forward-looking strategy addresses Trang’s identified primary challenge: overcoming machinery limitations. By implementing improvement workshops focused on minimizing downtime, refining maintenance protocols, and resolving process bottlenecks, the team has significantly boosted operational throughput.

Targeted initiatives have also driven progress. In 2025, engineering efforts eliminated 50% of annual crane operations by streamlining workflows and removing non-essential lifting tasks, reducing forklift dependency in the process.

However, technical enhancements alone proved insufficient. The team recognized that lasting success required cultural transformation alongside operational upgrades.

From Capability to Culture

Workforce development remains central to sustaining improvements. As demand projections rise, the plant evaluates staff competencies for advanced production requirements. Recruitment strategies and cross-training programs adapt accordingly, enabling flexible workforce deployment across production lines.

Trang stresses continuous skill development: “This isn’t about single-session training—it’s ongoing knowledge sharing, open communication, and learning from errors without assigning blame.” The focus cultivates organizational awareness around safety, quality standards, and improvement methodologies, embedding progress into daily routines.

Collaborative culture further strengthens operations. Employees actively identify inefficiencies and propose solutions based on frontline experience. Production teams and engineers collaborate through structured project groups, regularly presenting progress updates to leadership.

Performance Starts with Empowered People

As a critical node in global renewable energy infrastructure, Hai Phong demonstrates how human expertise complements technological advancement. While sophisticated tools enable growth, the workforce’s dedication transforms challenges into quantifiable outcomes, ensuring sustainable, efficient fulfillment of global wind power demands.

Sustaining Improvement for the Future

Trang advocates for embedding continuous improvement into operational DNA: “Lean transformation isn’t a final destination—it’s an ongoing journey. With escalating demands, stagnation means regression.”

In an industry defined by booming wind energy demand and global talent competition, Hai Phong’s model demonstrates how rigorous operational discipline combined with inclusive leadership can accelerate large-scale energy transition goals.

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• 17 GE Vernova 6.1 MW turbines to deliver one of Italy’s largest wind projects awarded in the December 2025 GSE auction
• Project builds on the Monfalcone development, strengthening GE Vernova’s long‑term relationship with IVPC Group
• Two‑piece blade technology and flexible O&M model enable deployment in complex Italian sites

RIMINI, Italy (March 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has been selected by IVPC Group, a major Italian renewable energy operator, to supply 17 of its 6.1 MW-158m* onshore wind turbines for a new wind farm in Fortore, Benevento, Italy. The over 100 megawatt (MW) project represents one of the largest wind farms secured during the December 2025 auction conducted by Italy’s energy agency Gestore dei Servizi Energetici (GSE).

Under the agreement—finalized in Q4 2025—GE Vernova will deliver a tailored Operations and Maintenance (O&M) framework, enabling IVPC and GE Vernova to jointly manage routine maintenance tasks. Turbine deliveries are set to commence in Q2 2027.

The Fortore installation will leverage GE Vernova’s 6 MW onshore platform, which incorporates segmented blade technology. This design enhances transportation logistics and facilitates access to geographically challenging locations while optimizing energy output.

This project follows a pivotal achievement in the GE Vernova-IVPC partnership: the deployment of Italy’s first Cypress 6.1 MW turbine at IVPC’s Montefalcone site. The Montefalcone initiative involves upgrading up to five turbines to boost capacity and extend operational lifespan. Combined with the Fortore development, these projects highlight GE Vernova’s strategic role in advancing Italy’s renewable energy and infrastructure modernization goals.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, stated: “We are honored to extend our collaboration with IVPC Group on the Fortore wind farm. The project strengthens our presence in the country and our commitment to the European energy transition, while highlighting how our 6.1 MW–158m technology gives operators a competitive edge in auctions through large-scale, sustainable energy delivery. We look forward to continuing our strong collaboration with IVPC as we support Italy’s energy transition goals.”

Oreste Vigorito, Owner and President of the IVPC Group remarked: “Building on the success of the Monfalcone project, we continue to choose GE Vernova for the flexibility of its service model—allowing us to lead transactional maintenance—and for its advanced split‑blade technology, which enables deployment in locations with logistical constraints.”

GE Vernova’s Onshore Wind division maintains approximately 59,000 turbines globally, representing nearly 120 GW of installed capacity. With over two decades of customer support, its portfolio delivers next-generation high-capacity turbines that advance decarbonization through cost-effective, sustainable energy solutions.

Currently, GE Vernova is implementing roughly 135 MW of wind capacity in Italy. Its Wind Service Team operates from a Center of Excellence in Troia (Foggia) and other regional hubs, minimizing downtime and ensuring peak performance. The company’s robust local infrastructure and execution expertise support wind farm development and repowering through strategic logistics and installation partnerships.

As a key contributor to Italy’s energy transition, GE Vernova has enabled power generation in the country for over a century. Today, approximately one-quarter of Italy’s power capacity relies on GE Vernova technology.

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• Long-established engineering site in Sesto San Giovanni expands to support the fast-growing Electrification segment
• Increased production of bushings, key components for transmission and distribution systems
• Around 50 new manufacturing jobs to be created in the Lombardy region

SESTO SAN GIOVANNI, Italy (March 3, 2026) – GE Vernova Inc. (NYSE: GEV) announced an investment of approximately $30 million to expand its electrification manufacturing facility in Sesto San Giovanni, Italy, addressing rising global demand for power infrastructure.

The project focuses on increasing output of bushings — critical components used in power and generator transformers that ensure safe and efficient transmission and distribution of electricity. The expansion is expected to generate about 50 new jobs in Lombardy, primarily within manufacturing roles.

“With this investment, we are reinforcing a key capability within our rapidly growing Electrification business,” said Philippe Piron, CEO of GE Vernova’s Electrification segment. “Sesto San Giovanni is a vital part of our global bushing production network. Expanding operations here improves supply reliability for our customers and strengthens our ability to support large-scale transmission and generation projects worldwide.”

As utilities and energy providers continue upgrading grids and modernizing networks to meet increasing electricity demand, the need for transformers and substations is rising. This, in turn, drives higher demand for bushings, which are essential for the safe and reliable operation of high-voltage equipment. The expansion will introduce additional production lines for advanced dry-type bushings, including Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) technologies, supporting voltage levels up to 245 kV.

The investment is part of GE Vernova’s broader plan to allocate $11 billion to capital expenditures and R&D between 2025 and 2028. It follows the company’s $5.3 billion acquisition of Prolec GE to expand transformer production in North America, more than $100 million invested in U.S. grid facilities, and the expansion of its Stafford, UK site to strengthen High-Voltage Direct Current (HVDC) and grid manufacturing capabilities in Europe.

A century of Italian engineering excellence

For over 100 years, the Sesto San Giovanni facility has been recognized for its engineering expertise and manufacturing quality in high-voltage bushings. The site serves as GE Vernova’s Bushing Center of Excellence, where products are designed, produced, and serviced for major power infrastructure projects worldwide, including some of the highest voltage applications in the industry.

GE Vernova also plays an important role in Italy’s energy sector, having supported power generation in the country for more than a century. Today, approximately 25% of Italy’s electricity capacity relies on GE Vernova technologies.

Forward-Looking Statements

This document contains forward-looking statements, meaning statements related to future events that involve varying levels of uncertainty. These statements relate to GE Vernova’s expected business and financial performance, product capabilities, and the potential impact of its services. They often include terms such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “estimate,” “forecast,” or similar expressions. Such statements are subject to risks and uncertainties, including those related to planned investments, market conditions, and global economic factors that may influence actual results.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With over 130 years of experience, the company is well positioned to play a leading role in the energy transition by advancing electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that contribute to a more reliable, sustainable, and cost-effective energy future.

GE Vernova’s Grid Solutions business delivers advanced technologies for power transmission and distribution, supporting grid modernization and enabling a secure, decarbonized energy system.

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WASHINGTON, D.C. (February 24, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) and Orlen Synthos Green Energy (OSGE) have signed an agreement to move forward with the development of a generic design for the BWRX-300 small modular reactor (SMR) in Poland. The Poland Generic Design Agreement (PGDA) was formalized during a ceremony in Washington, D.C., attended by James Danly, Miłosz Motyka, and Wojciech Wrochna, along with representatives from GVH, OSGE, and Synthos Green Energy.

Following the agreement, OSGE will fund the development of a detailed BWRX-300 design that will serve as a standardized reference for future SMR deployments across Poland.

“This agreement highlights the continued commitment of the United States to strengthening Poland’s energy security,” Danly stated. “Our intergovernmental cooperation framework provides a strong foundation for expanding civil nuclear collaboration and supporting new public-private initiatives.”

“Poland has the potential to emerge as a leader in small modular reactor technology in Europe,” said Motyka. “This agreement marks another significant step in that direction. To ensure a stable, zero-emission power system and predictable market conditions, we are developing both large-scale nuclear projects and SMRs in parallel. SMRs will provide reliable baseload power for energy-intensive industries, help stabilize electricity prices, and support the growth of the domestic nuclear supply chain. Given rising electricity demand, both technologies are essential.”

Wrochna emphasized the strategic importance of the initiative: “The development of a generic design is a cornerstone for creating a standardized fleet of reactors based on a repeatable deployment model. Standardization reduces capital costs and improves competitiveness while enabling stronger participation from Polish industry in advanced nuclear projects.”

“This investment represents a major milestone for nuclear energy development in Poland,” said Jason Cooper, CEO of GVH. “Advancing the BWRX-300 design to accelerate deployment demonstrates what can be achieved through shared vision and coordinated investment.”

Rafał Kasprów, CEO of OSGE, added: “The agreement covers the design of nuclear power plants in compliance with Polish regulations and will support the rollout of multiple BWRX-300 units across various locations. This standardized approach is central to our strategy, enabling cost reductions and the development of a strong supply chain, ultimately lowering electricity costs for consumers.”

Global interest in the BWRX-300 continues to grow. The first unit is currently under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected before the end of the decade, making it the first SMR in the Western world. Key components, including the reactor pressure vessel, are already in production, and construction is progressing as planned. In the United States, the U.S. Nuclear Regulatory Commission is reviewing an application from the Tennessee Valley Authority to build a BWRX-300 reactor at the Clinch River site in Oak Ridge, Tennessee. These developments reinforce GVH’s position as a leader in scaling and commercializing SMR technology globally.

About GE Vernova Hitachi Nuclear Energy

GE Vernova Hitachi Nuclear Energy is a global leader in nuclear fuel, services, and advanced reactor technologies through the partnership between GE Vernova and Hitachi. Its portfolio includes boiling water reactors and small modular reactors such as the BWRX-300, known for its simplicity and innovative design. Its fuel division, Global Nuclear Fuel (GNF), supplies fuel and engineering services for boiling water reactors, operating primarily in the United States and Japan.

About Orlen Synthos Green Energy

Orlen Synthos Green Energy (OSGE) was established by ORLEN S.A. and Synthos Green Energy to lead the deployment of modular nuclear reactors in Poland. The company aims to support decarbonization across power generation, heating, and industrial sectors by building a fleet of BWRX-300 reactors. These units are expected to become a key component of Poland’s energy mix, delivering stable, zero-carbon electricity to both households and industry. OSGE’s activities are part of a broader European SMR rollout led by Synthos Green Energy.

About SGE

Synthos Green Energy (SGE) is a European platform for SMR development, founded in 2018 and headquartered in Warsaw, Poland. The company is a co-investor in the standard design of the BWRX-300, one of the most commercially advanced SMR technologies globally. By combining proven technology with an innovative business model, SGE has become a leading developer of SMR projects in Europe. It is currently advancing partnerships and initiatives across multiple European countries, with its flagship program in Poland involving development at three sites and a target to commission the first unit by 2032.

Forward-Looking Statements

This document contains forward-looking statements relating to future events and expectations, which involve varying levels of uncertainty. These statements typically address anticipated business performance, financial conditions, product capabilities, and expected outcomes of services, often using terms such as “expect,” “plan,” “anticipate,” “estimate,” or similar expressions. Such statements may also involve assumptions regarding future investments, projects, and market conditions, as well as the potential impact of economic trends, supply chain dynamics, and global market volatility on operations and financial results.

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WILMINGTON, North Carolina (February 19, 2026) – Global Nuclear Fuel (GNF), a GE Vernova-led partnership with Hitachi, Ltd. and an affiliate of GE Vernova Hitachi Nuclear Energy (GVH), together with ENUSA, announced that a new contract has been awarded to supply nuclear fuel reloads for Vattenfall’s Forsmark Nuclear Power Plant in Sweden.

The agreement has been awarded to GENUSA, a joint venture between GNF and ENUSA, and will commence in 2028. It includes multiple reloads of the GNF2 fuel design — a high-performance assembly developed to increase power output while reducing operating costs.

“With decades of experience supporting nuclear operations across the Nordic region, ENUSA has produced more than 3,500 GNF-designed fuel assemblies for Forsmark since 1993,” said Craig Ranson, Installed Base CEO of GE Vernova Hitachi Nuclear Energy and CEO of GNF. “We are pleased to continue supporting Vattenfall with reliable and efficient fuel solutions.”

Fuel for the Forsmark facility will be manufactured in Spain at ENUSA’s nuclear fuel plant in Juzbado, using key components supplied by GNF.

“We are honored that Vattenfall has chosen to extend a collaboration that spans more than 30 years,” said Mariano Moreno, President and CEO of ENUSA. “Our Juzbado facility has already delivered over 12,600 boiling water reactor fuel assemblies across Europe, and this agreement reflects continued confidence in GENUSA’s products and engineering expertise.”

The supplied fuel assemblies, designed by GNF, incorporate advanced Defender™ PLUS debris filter technology, which is engineered to significantly reduce the risk of feedwater debris reaching and damaging fuel components.

About Global Nuclear Fuel

Global Nuclear Fuel (GNF) is a leading global supplier of boiling water reactor fuel and associated engineering services. The company operates as a GE Vernova-led alliance with Hitachi, Ltd., with primary operations in the United States and Japan. Its affiliate, GE Vernova Hitachi Nuclear Energy, is a major provider of nuclear reactor services and advanced reactor technologies.

About GENUSA

GENUSA (GNF ENUSA Nuclear Fuel S.A.) is a Madrid-based company jointly owned by GNF and ENUSA. It focuses on supplying nuclear fuel and related engineering services to boiling water reactor operators across Europe.

About ENUSA

ENUSA (ENUSA Industrias Avanzadas S.A.) provides advanced solutions across the nuclear fuel cycle, including enriched uranium supply, fuel fabrication, engineering services, and spent fuel management.

Forward-Looking Statements

This document contains forward-looking statements that relate to future events and involve varying degrees of uncertainty. These statements typically address expected business performance, financial condition, product capabilities, and the anticipated impact of services, often using terms such as “expect,” “anticipate,” “plan,” “estimate,” or similar expressions. Such statements may also include assumptions regarding future investments, projects, and market conditions, as well as the potential effects of economic trends, supply chain dynamics, and global market volatility on business operations and financial results.

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• Two LM6000VELOX units to add около 100 MW of flexible capacity by 2029
• Enhancing grid stability with advanced aeroderivative solutions
• Project continues long-term collaboration between GE Vernova and municipal utilities

ATLANTA, GA (February 16, 2026) – GE Vernova (NYSE: GEV) announced it has secured a contract with Lincoln Electric System (LES) to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station in Lincoln, Nebraska. The installation of these units is expected to increase the plant’s capacity by approximately 100 megawatts, addressing rising electricity demand driven by population growth and expanding residential and commercial consumption.

The upgraded facility is scheduled to enter operation in 2029 and, under ISO conditions, is expected to deliver close to 100 MW once both turbines are commissioned. The LM6000VELOX platform is designed to improve efficiency and provide operational flexibility, strengthening plant reliability while supporting LES’s long-term energy strategy.

This initiative builds on a longstanding partnership between GE Vernova and Lincoln Electric System, reflecting a shared commitment to delivering reliable, high-performance, and increasingly sustainable energy solutions. The project also aligns with Nebraska’s evolving energy landscape, where electricity generation has traditionally relied heavily on coal (around 43% in 2024), alongside a growing share of wind power (approximately 32%).

“We continue to rely on GE Vernova because of their proven aeroderivative technologies and the expertise we’ve experienced over more than two decades, beginning with the first three units installed at this plant,” said Jason Fortik, Vice President of Power Supply at LES. “These turbines provide confidence that we can increase capacity while maintaining the efficiency and reliability our customers depend on.”

The LM6000VELOX gas turbines offer high efficiency, rapid startup — reaching full output in about ten minutes — and strong operational flexibility with high cyclic durability. These features help stabilize the grid and reduce the risk of supply shortfalls.

“This project highlights the strength of our collaboration with Lincoln Electric System and our shared focus on supporting the local community,” said Dave Ross, CEO of GE Vernova’s Gas Power business for the Americas. “We are proud to contribute to meeting the growing energy needs of the Lincoln area with efficient technologies that deliver reliable power to homes and businesses.”

With over 40 million operating hours and more than 1,300 units delivered worldwide, the LM6000 platform has the most extensive operational track record among aeroderivative gas turbines above 40 MW. These units achieve over 99% start reliability and more than 98% overall availability.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on power generation, wind energy, and electrification, supported by accelerator businesses. With more than 130 years of experience addressing complex energy challenges, the company is positioned to support the global energy transition by expanding electrification while reducing carbon emissions. Headquartered in Cambridge, Massachusetts, GE Vernova employs around 85,000 people across approximately 100 countries and is guided by its mission, “The Energy to Change the World.”

GE Vernova’s Gas Power division develops advanced natural gas-based technologies and services, alongside decarbonization solutions aimed at enabling a lower-carbon energy future. The business is a global leader in gas turbines and power plant solutions, with the largest installed base in the industry.

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• Multi-year investment highlights commitment to workforce development and the energy transition
• Upgraded Houston Learning Center boosts global training capacity and efficiency
• Partnerships with local schools create practical career pathways for students

HOUSTON (February 12, 2026) – GE Vernova (NYSE: GEV) announced the launch of new education partnerships with three Houston-area school districts, alongside the completion of a significant modernization of its Houston Learning Center (HLC), the company’s primary global training hub for power generation and service professionals.

The announcement coincided with the “Powering Progress: Honoring our legacy, building our future” event held at the facility and forms part of GE Vernova’s broader multi-year investment strategy across manufacturing, services, and innovation.

“GE Vernova remains focused on developing the workforce of the future, based on our belief that advanced technologies require highly skilled professionals,” said Steve Kessinger, Vice President of Global Services for GE Vernova’s Gas Power division. “Investments in facilities like the Houston Learning Center and expanded training capabilities ensure our teams, customers, and partners are prepared to meet the rising global demand for energy expertise.”

The HLC also plays a central role in GE Vernova’s Career and Technical Education (CTE) initiatives, introducing students and early-career professionals to hands-on technical roles in the energy sector. Each year, the center trains thousands of participants through immersive programs covering gas turbines, steam turbines, generators, and control systems.

The recent upgrades significantly enhance the company’s ability to scale workforce training in line with its growing global services footprint. By expanding capacity and integrating advanced simulation tools alongside practical training environments, the center helps accelerate technician readiness, shorten time to productivity, and support long-term service agreements. This scalable approach is designed to meet increasing customer demand and strengthen GE Vernova’s ability to deliver consistent, high-quality services across its global installed base.

The modernization of the HLC includes:

• Expansion of the facility, enabling training for thousands of technicians, engineers, and customers each year
• Upgraded classrooms, new simulation systems, and enhanced hands-on training areas centered around the company’s flagship 7HA.03 gas turbine — one of the most advanced power generation technologies currently in operation

“We are proud to continue investing in advanced training infrastructure and strengthening collaborations with local school districts such as Deer Park, Channelview, and Alief,” said Jim Vono, One Field Services Leader at GE Vernova’s Gas Power business. “These partnerships provide students with exposure to real industrial environments, modern energy technologies, and career opportunities in high-demand technical fields.”

Tiffany Regan, Superintendent of Deer Park, added: “This collaboration represents the future of career and technical education. By working with GE Vernova, we are creating clear and relevant pathways from the classroom to the workforce, leading to meaningful employment opportunities for students.”

These workforce development efforts align with GE Vernova’s broader capital investment strategy, which includes nearly $600 million allocated to U.S. manufacturing facilities, as well as additional funding for advanced repair capabilities and new technologies.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company operating across power generation, wind energy, and electrification, supported by its accelerator businesses. With more than 130 years of experience addressing global challenges, the company is well positioned to support the energy transition by expanding electrification while reducing carbon emissions. Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries and is guided by its mission, “The Energy to Change the World.”

GE Vernova’s Gas Power division develops advanced natural gas technologies and services, along with decarbonization solutions designed to support a lower-carbon energy future. The business is a global leader in gas turbine and power plant technologies, with the largest installed base in the industry.

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LONDON, United Kingdom (February 9, 2026) – GE Vernova Inc. (NYSE: GEV) has successfully completed a major modernization and outage project at InterGen’s 800-megawatt Coryton combined cycle power station, located on the River Thames east of London. The project included the installation of two High Efficiency (HE) upgrades on GT26 gas turbines, delivering results that exceeded initial performance expectations.

According to InterGen, the upgraded units achieved stronger-than-anticipated improvements in both efficiency and power generation. Daniel Fosberg, Managing Director at InterGen, praised GE Vernova’s service teams for their execution and highlighted the company’s broader strategy of investing in flexible generation assets to support grid stability as renewable energy capacity continues to expand across the UK.

GE Vernova’s HE upgrade integrates advancements in turbine, compressor, and combustor technologies. At Coryton, the modernization increased plant output by up to 85 MW—well above the projected 77 MW gain—while also improving efficiency by 2.46%. The enhanced performance is expected to deliver substantial fuel savings and reduce annual carbon emissions by approximately 67,500 tonnes, supporting the UK’s efforts to lower the carbon intensity of electricity generation.

The outage scope covered a wide range of maintenance and inspection activities, including borescope inspections on generators and steam turbines, electrical testing, and valve inspections. More than 300 GE Vernova specialists from engineering, manufacturing, logistics, field services, sourcing, and project management collaborated with InterGen throughout the process. Together, the teams completed over 122,000 working hours without a single recordable environmental, health, or safety incident.

Joseph Anis, President and CEO of GE Vernova’s Gas Power business for Europe, the Middle East, and Africa, stated that the project demonstrates the company’s ability to deliver complex modernization programs that improve both operational performance and long-term competitiveness. He also noted that GT26 turbines are capable of operating with hydrogen-natural gas blends, offering future opportunities for further emissions reductions.

The Coryton project marks another milestone for the GT26 HE platform. By 2025, eleven GT26 units equipped with HE upgrades had already entered operation globally. Introduced in 2019, the HE upgrade combines technologies from GE Vernova’s F-Class and H-Class turbine fleets, including additive manufacturing innovations and advances in aerodynamics, combustion, and materials engineering. The result is a substantial improvement in efficiency, output capability, and maintenance intervals.

About GE Vernova

GE Vernova is a global energy company focused on power generation, electrification, and wind energy solutions. Headquartered in Cambridge, Massachusetts, the company operates in approximately 100 countries and employs around 85,000 people worldwide. Through its technologies and services, GE Vernova supports the transition toward a more reliable, efficient, and lower-carbon energy future.

GE Vernova’s Gas Power division develops advanced gas turbine technologies and decarbonization solutions aimed at supporting reliable electricity generation while reducing emissions. The business maintains one of the world’s largest installed gas turbine fleets.

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