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GE Vernova Founders Day

Articles & Insights

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7 min read

GE Vernova Releases First Annual Report as a Standalone Company

GE Vernova today released its first annual report since becoming an independent company, detailing how 2024 was a foundational year as the company positions itself to serve in an unprecedented era of electric growth. With 75,000 employees around the globe, the company’s technology helps generate approximately 25% of the world’s electricity.

Press Release

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5 min read

GE Vernova announces more than $160 million investment in Greenville facility

GREENVILLE, SC (January 29, 2025) – With global energy needs forecasted to double, GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, announced plans today to invest more than $160 million and hire more than 650 new employees at its Greenville facility.

Press Release

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6 min read

GE Vernova to invest in Pittsburgh facility for expansion of Electrification presence

PITTSBURGH, PA (January 29, 2025) - GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, today announced it is planning to invest more than $10 million in its Pittsburgh facility over the next two years to expand capabilities across its Electrification segment. This includes funding to house a new domestic manufacturing line for the company’s FLEXINVERTER, a key technology for utility-scale solar and energy storage applications. This total investment is expected to create more than 270 new jobs.

Press Release

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10 min read

GE Vernova, Governor Hochul announce more than $105 million investment in Advanced Research Center to drive energy innovation

NISKAYUNA, NY (January 29, 2025) – To help deliver on the world’s growing energy demands and the breakthrough technologies of tomorrow, New York Governor Kathy Hochul and GE Vernova Inc. (NYSE:GEV) today announced a planned investment of more than $105 million into the company’s Advanced Research Center in Niskayuna, New York.

Press Release

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10 min read

GE Vernova to invest almost $600 million in U.S. factories and facilities over next two years

CAMBRIDGE, MA (January 29, 2025) – GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands around the world.

The new investments – expected to create more than 1,500 new U.S. jobs – will help drive U.S. energy affordability, national security, and competitiveness, and enable the American manufacturing footprint needed to support expanding global exports.

Press Release

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https://www.chevron.com/newsroom/2025/q1/power-solutions-for-us-data-centers

Engine no. 1, Chevron and GE Vernova to power U.S. data centers
Gas Power Data Centers

Articles & Insights

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9 min read

Rack ’Em Up: As AI Data Centers Get More Power Hungry, the Hunt Is On for More Reliable, Flexible Power Solutions

A familiar sound of modern life is the mobile phone’s tap-tap-tap as we pound out searches for the nearest drugstore or the fastest way home. But search, which has historically been free to use and cheap to provide, is about to get more power hungry. That’s because a single AI-driven query triggers ten times as much needed electricity as traditional search, according to researchers at Goldman Sachs.

Press Release

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6 min read

GE Hitachi awards contract for BWRX-300 reactor pressure vessel to BWXT

CAMBRIDGE, Ontario (January 27, 2025) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), today announced that it has awarded a contract to BWX Technologies, Inc. (BWXT) to manufacture the reactor pressure vessel (RPV) for the first BWRX-300 small modular reactor to be constructed at Ontario Power Generation’s Darlington New Nuclear Project site.

Press Release

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https://www.tva.com/news-media/releases/tva--bechtel--sargent---lundy-and-ge-hitachi-plan-initial-construction-and-design-for-potential-clinch-river-smr

Tennessee Valley Authority, Bechtel, Sargent & Lundy and GE Hitachi plan initial construction and design for potential Clinch River SMR

Press Release

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8 min read

U.S. utilities team up to accelerate deployment of GE Vernova’s BWRX-300 small modular reactor

WILMINGTON, NC (January 17, 2025) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), today announced that it is part of a coalition of utility companies and supply chain partners that are collaborating to accelerate the deployment of the BWRX-300 small modular reactor (SMR) in the U.S.