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Grid Solutions

GE Vernova to advance Norway’s grid decarbonization with SF₆-free technology

6 min read
  • GE Vernova to deliver two SF₆-free 420 kV gas-insulated substations (GIS) in Norway, utilizing its g³ technology to reduce greenhouse gas emissions

  • The substations are expected to modernize Norway’s grid, increase capacity, and enable the electrification of Melkøya Island, home to Equinor’s Snøhvit gas field and Hammerfest LNG plant

  • These two substations demonstrate GE Vernova's g³ gas technology, widely adopted by multiple Original Equipment Manufacturers (OEMs), as a leading SF₆-free solution for high voltage switchgear from 72.5 kV up to 420 kV

Hammerfest, Norway (May 21, 2025) – GE Vernova Inc. (NYSE: GEV) today announced the forthcoming deployment of two high-voltage 420 kV sulfur hexafluoride - free (SF6-free) gas-insulated substations (GIS) for Statnett SF, Norway’s Transmission System Operator (TSO), and Equinor ASA. Awarded in the fourth quarter of last year, the contract covers the design, supply, and installation of GIS units at Skaidi and Hyggevatn as part of Statnett’s 420 kV transmission line project—an important milestone supporting Norway’s energy transition and decarbonization effort.

The Skaidi substation involves upgrading the existing facility, while the Hyggevatn substation will be a completely new installation. Together, they aim to modernize Norway’s electrical grid, increase capacity, and electrify Melkøya Island, home to Equinor’s Snøhvit gas field and Hammerfest LNG plant. This initiative aligns with Statnett’s and Equinor’s commitment to achieving a sustainable energy transition while reducing greenhouse gas emissions.

The design of these next-generation substations will be based on GE Vernova’s g³ technology, which replaces SF₆ gas, a potent greenhouse gas commonly used in high-voltage equipment. The g³ technology is part of GE Vernova’s GRiDEA portfolio, a suite of decarbonization solutions that empower grid operators to meet their net-zero objectives. Launched in 2014, g³ gas shows an approximately 99% reduction in greenhouse gas contribution to global warming compared to SF₆, supporting the energy sector’s decarbonization goals.

Driving decarbonization of the grid across Europe

“This project in Norway is the latest of many contracts that we have signed for our new SF₆-free 420 kV T155g GIS since our first one in Scotland in 2020. GE Vernova’s g³ product portfolio has experienced strong commercial growth since the launch of our first SF6-free product, underscoring the trust placed in g³ by over 60 utilities in Europe and Asia,” said Eric Chaussin, Power Transmission Business Leader at GE Vernova’s Electrification segment. “This marks another important milestone in our journey to electrify and decarbonize the world’s grids. We are proud to support the climate ambitions of Norway.”

GE Vernova’s g³ technology roadmap covers a wide range of voltage levels, from 72.5 kV up to 550 kV. The EU Commission LIFE Programme recognized the potential of this innovative technology by co-funding the development of the SF₆-free 420 kV GIS interrupter under the "LifeGRID" project. The g³ technology is now enabling utilities to take immediate action to reduce the carbon footprint of their high-voltage power grids, supporting their decarbonization goals.

Statnett’s Skaidi and Hyggevatn substations are expected to become operational by 2029. GE Vernova has a  track record of successful GIS Substations in Norway, including in Oslo Smestad, Sogn, and Hamang.

-ENDS-

 

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy

end

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Grid Solutions

GE Vernova to invest USD $16 million to expand manufacturing footprint in India to meet rising demand for advanced grid infrastructure

8 min read
  • GE Vernova to expand electrification manufacturing and engineering capabilities in India with new facilities in Chennai and Noida.

  • New capacity to support HVDC and FACTS technologies for grid stability and renewable integration

  • Investment enhances local production, reduces supply chain dependencies, and supports export demand.

Delhi, India (May 14, 2025) GE Vernova (NYSE: GEV) today announced plans to invest approximately USD $16 million in India to expand its electrification manufacturing and engineering footprint—specifically, advanced grid technologies that enable stable, reliable, and secure delivery of electricity.

The investment will be made by GE Vernova T&D India Limited (NSE: GEV T&D), the listed entity of GE Vernova’s Electrification business in India and includes the development of a new manufacturing line at its existing facility in Chennai (Pallavaram) and a new facility in Noida. These expansions are expected to enhance the ability of GE Vernova T&D India Limited to manufacture and test key next-generation equipment used in modern transmission systems, supporting both India’s energy transition and export demand from other fast-growing economies.

These new expansions will focus on High Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS)—technologies that help stabilize power grids, reduce transmission losses, and make it easier to connect renewable energy like solar and wind. These systems are critical for getting renewable energy from where it’s generated—often in remote areas—to where it’s needed most: cities, industries, and communities.

“India continues to be a critical part of our global strategy—both for our customers and as a manufacturing hub,” said Johan Bindele, VP of Grid Systems Integration at GE Vernova. “GE Vernova’s Electrification equipment backlog has more than tripled over the past year—driven by strong demand for transformers, switchgear, and grid technologies including HVDC and FACTS. These new expansions are aimed at enhancing our capabilities in the region, helping reduce supply chain dependencies, and allowing us to deliver faster, smarter solutions to customers in India and around the world.”

“With energy demand rising and more renewables being added to the grid, the need for strong, smart, and flexible infrastructure has never been greater,” said Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Limited. “Through this investment, we are strengthening our ability to deliver technologies that help utilities move more power, with fewer losses, over longer distances—and do it more sustainably.”

Investment Details:

  • The new manufacturing line at the existing Chennai facility will produce Line Commutated Converter (LCC) HVDC valves and Voltage Source Converter (VSC) Static Synchronous Compensator (STATCOM) valves. 
    These valves are key components of advanced HVDC and FACTS systems. LCC is typically used for long-distance, high-capacity power transmission, while VSC is more suitable for connecting renewable energy sources and providing grid stability.
  • In Noida, GE Vernova T&D India Limited will set up a new engineering and test lab to support design and system validation for these solutions, as well as supply control systems ensuring quality and performance in real-world grid conditions.

The Noida lab is expected to be operational by the end of 2025, and the new manufacturing line in Chennai facility by early-2027.

Included within GE Vernova’s previously announced ~$4 billion cumulative capex plan through 2028, this investment is part of GE Vernova’s broader “Asia for Asia” strategy—focusing on building localized manufacturing capacity to better serve regional needs, while contributing to global supply chain resilience. It also supports India’s ambition to become a renewable energy leader by expanding access to “Make in India” technologies that power everything from homes to factories with more efficiency and less environmental impact.

GE Vernova T&D India currently operates five manufacturing facilities across the country and has served the Indian grid for over 100 years.

-End-

About GE Vernova T&D India
GE Vernova T&D India Ltd is the listed entity of GE Vernova’s Electrification segment in India. With over 100 years of presence in the country, GE Vernova T&D India is a leading player in the power transmission and distribution business. The company provides a versatile and robust range of solutions for connecting and evacuating power from generations sources onto the grid, and a wide range of products including power transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation, digital software solutions, turnkey substation solutions, FACTS, HVDC, and maintenance support. With five manufacturing sites, GE Vernova T&D India is future ready to meet the industry’s growing demand for grid equipment and services. GE Vernova is committed to invent, deploy, and service technology to help decarbonize and electrify the Indian grid, and catalyse access to more secure, sustainable, reliable, and affordable electricity, to help drive global economic development.

https://www.gevernova.com/regions/in/ge-td-india-limited

end

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Grid Solutions

GE Vernova to deliver extra high-voltage transformers and shunt reactors for renewable energy corridors in India

6 min read
  • GE Vernova to supply over 70 units of 765 kV class transformers and shunt reactors to POWERGRID for renewable power corridors

  • Manufacturing to take place at GE Vernova’s Vadodara site, with deliveries starting in 2026

  • Order booked through GE Vernova T&D India Limited, listed entity of GE Vernova’s Electrification business in India.

Delhi, India (May 01, 2025) – GE Vernova Inc. (NYSE: GEV) today announced it has been chosen by Power Grid Corporation of India Limited (POWERGRID) to supply over 70 extra high-voltage transformers and shunt reactors for key transmission projects across India. The 765 kV class units will support transmission infrastructure for renewable power evacuation projects under India’s Tariff-Based Competitive Bidding (TBCB) framework. The order has been booked through GE Vernova T&D India Limited, listed entity of GE Vernova’s Electrification business in India.

GE Vernova’s scope includes the supply, erection, testing, and commissioning of the equipment. Manufacturing will be carried out at GE Vernova’s power transformer facility in Vadodara, India. Deliveries are expected to begin in 2026 and continue through the end of 2027.

“This is one of the largest order intakes for GE Vernova’s Electrification segment in India and a significant milestone for our Vadodara facility,” said Ruchir Mayank, Commercial Leader of GE Vernova’s Power Transmission business in India. “We are proud to contribute to India’s grid modernization and renewable energy expansion, and we thank POWERGRID for their continued trust in our technology and execution capabilities.”

“These orders reflect the critical role GE Vernova is playing in advancing India’s transmission infrastructure to support global renewable energy goals,” said Sandeep Zanzaria, Managing Director and CEO of GE Vernova T&D India Limited. “As a listed entity in India, we are proud to contribute to national priorities by delivering extra high-voltage technologies that enable a more resilient power systems.”

POWERGRID is India’s largest electric power transmission utility and plays a central role in renewable energy integration. These orders - placed under a bulk procurement strategy - are expected to support high-capacity renewable power corridors in the states of Rajasthan, Gujarat, Karnataka, Tamil Nadu, and Andhra Pradesh.

The project reflects GE Vernova’s ongoing commitment to accelerating the energy transition in emerging markets. By enabling large-scale renewable integration, the initiative also helps enhance energy security and reduce dependency on fossil fuels.

GE Vernova’s Vadodara site has been designing, manufacturing and testing 765 kV class transformers and shunt reactors since 2009. To date, the Vadodara factory has manufactured and supplied more than 700 units across the country to ensure the reliable performance of India’s power network.

-ENDS-

Notes for financial editors:

The order was booked in Q1 of 2025

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.

end

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Building Better Breakers: How a GE Vernova Factory Used Lean to Help Meet the Growing Demand for Power

Peter Beller
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America’s demand for electric power is surging and, with it, the need to move electrons around the country. Nowhere is that trend more tangible than at GE Vernova’s Grid Solutions factory in Charleroi, Pennsylvania, a sprawling 332,000-square-foot facility that has been making high-voltage instrument transformers and high-voltage circuit breakers, key components of the electric grid for more than three decades.

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Relentless Optimists: Earth Day Celebration at New York Stock Exchange Features a Dozen Dazzling Innovators from Across GE Vernova

Gregor Macdonald
GE Vernova opening bell 4-22-25

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American author and activist Helen Keller once observed that “optimism is the faith that leads to achievement.” Could optimism itself, therefore, be harnessed as a strategy? GE Vernova thinks so. At just one year old, the standalone energy technology company is remaking itself into a key player in the global energy transition.

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Grid Solutions

National Grid awards HVDC supply chain framework contracts

3 min read

LONDON, UK (March 13, 2025) - National Grid today announced the awarding of two parts of a £59bn High-Voltage Direct Current (HVDC) supply chain framework to deliver the required works and equipment needed for key energy projects across the UK. The announcement sees four suppliers, including GE Vernova, being awarded places on the HVDC Converter Framework, totaling approximately £24.6bn. The agreement is applicable for a five-year period, with the potential to extend for a further three years. 
 

Read the full press release here: https://www.nationalgrid.com/media-centre/press-releases/national-grid-awards-hvdc-supply-chain-framework-contracts

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GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

© 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Leadership

Dynamic Woman: A Conversation with Grid Solutions Engineer Elisabetta Lavopa

Elisabetta Lavopa

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This Saturday marks International Women’s Day, a chance to celebrate the social, economic, cultural, and political achievements of women all over the world. This year we asked electrical engineer Elisabetta Lavopa to talk about her life and work. Lavopa hails from Italy and now works as HVDC System Studies team lead in GE Vernova’s Grid Solutions business in Stafford, England.

 

What is your role today, and how does it fit with your career expectations?

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No Higher Calling: Powering Türkiye’s Transition to More Sustainable Energy

Christine Gibson
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In Türkiye, demand for electricity is surging. With a growing — and urbanizing — population, the country ranks 15th in the world in annual energy production, outpacing several nations with much larger populations.

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Grid Solutions

GE Vernova to provide HVDC System for South Korea’s largest power grid infrastructure project

8 min read
  • GE Vernova to deliver advanced HVDC technology for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2), part of South Korea's largest power grid initiative.

  • Order secured through KAPES, the joint venture between GE Vernova and Korea Electric Power Corporation (KEPCO).

  • Advanced HVDC system, based on Line Commutated Converter (LCC) technology, aims for reliable and efficient power transmission and can support South Korea’s energy transition by integrating renewable energy into the grid.

Seoul, South Korea (December 23, 2024)— GE Vernova Inc. (NYSE: GEV) today announced that it has been chosen through its joint venture, KAPES, by Korea Electric Power Corporation (KEPCO) to deliver its advanced High Voltage Direct Current (HVDC) system, based on Line Commutated Converter (LCC) technology,  for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2). This project, part of a larger 4 GW HVDC transmission link, is planned to connect South Korea’s power generation complex on the east coast to the Seoul metropolitan area and is intended to be the largest power grid infrastructure initiative in the country’s history.

The EP2 project complements the EP1 project, which is also being executed by GE Vernova through KAPES. Together, EP1 and EP2 projects are designed to provide a stable and reliable power supply to the Seoul metropolitan area, which accounts for approximately 40% of South Korea’s energy demand. Both projects are expected to benefit from GE Vernova’s advanced HVDC technology, designed for efficient long-distance power transmission and enhancing grid resilience to meet growing energy needs.

GE Vernova’s scope for the EP2 project includes the engineering and delivery of HVDC Valves and Control Systems based on LCC technology, essential for the stable transmission of large-scale power. The project underscores the increasing demand for technology from GE Vernova’s Electrification segment, which continues to grow rapidly.

KEPCO’s Vision for a Sustainable Energy Future

KEPCO is prioritizing advanced HVDC technology as a critical enabler of South Korea’s energy transition. The EP2 project is designed to provide efficient and stable power transmission to key industrial regions while laying the groundwork for a sustainable and resilient energy network.

Mr. Yu-won Kang, CEO of KAPES,said, "The EP2 project reinforces KAPES' position as the leading HVDC provider in Korea in collaboration with GE Vernova, further demonstrating its proven technological expertise and project management capabilities. KAPES is proud to support KEPCO in Korea's energy transition and play a pivotal role in stabilizing the nation's power grid.”

“Our Electrification segment is the fastest-growing part of GE Vernova, with significant growth ahead,” said Johan Bindele, Business Leader at GE Vernova’s Electrification Systems. “We are committed to delivering innovative solutions that electrify the world while decarbonizing it, as electrification becomes critical for enabling a sustainable and resilient energy future in Asia and beyond. We are proud of our 26-year relationship with KEPCO, our continued collaboration reflects our shared commitment to providing advanced solutions that address the evolving needs of power infrastructure.”

"Projects like EP2 are pivotal in enabling South Korea’s energy transition,” said Shailesh Mishra, Regional Leader of Grid Systems Integration in Asia Pacific at GE Vernova. “By deploying advanced HVDC technology, we are not only enhancing the efficiency and reliability of the country’s grid but also laying the foundation for greater integration of renewable energy. Collaborating with KEPCO through KAPES allows us to deliver transformative solutions that align with South Korea’s vision for a sustainable energy future.

KAPES: Strengthening South Korea’s Power Grid

KAPES, the joint venture between KEPCO and GE Vernova established in 2012, has been instrumental in delivering various important projects that address South Korea’s unique energy needs. In addition to EP1 and EP2, key initiatives include the Buk-Dangjin-Godeok HVDC Connection, a 3 GW transmission link supplying power from the Dangjin power plant to Seoul and its surrounding regions, and the Shin-Bupyeong HVDC Link, a 500 MW Back-to-Back Voltage Sourced Converter (VSC) system in Incheon designed to alleviate grid overloads. These projects collectively underscore KAPES’ role in strengthening South Korea’s power grid and advancing its energy infrastructure.

The Role of HVDC in Korea’s Energy Transition

High Voltage Direct Current (HVDC) technology is essential in the global shift toward sustainable energy systems as it supports efficient and reliable power transmission over long distances. HVDC system based on the Line Commutated Converter (LCC) technology uses thyristor-based power semiconductors to transfer large amounts of power—up to 8 GW—with low energy losses. Its ability to handle bulk power transmission while providing built-in protection against faults makes it ideal for strengthening South Korea’s power grid and supporting the integration of renewable energy.

In South Korea, HVDC aims for enhanced efficiency and stability in transmitting power over long distances, supporting bi-directional energy flow and facilitating renewable energy integration. EP2 is intended to provide a reliable link between the East Coast’s power generation facilities and the high-demand metropolitan area, including semiconductor manufacturing hubs in Yongin, Incheon, and Pyeongtaek.

GE Vernova in Korea

GE Vernova is a major player in the power sector in South Korea. The company has been present in South Korea since 1976, working closely with local companies to support the country’s growth in the energy sector.

-ENDS-

Notes to Editors:

 

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution from the point of generation to point of consumption, and supporting a decarbonized and secured energy transition.

end

© 2024 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Michael Lapides

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GE Vernova | Media Relations, Electrification
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Grid Solutions

GE Vernova awarded a major contract to build 2 GW offshore grid connection in the German Baltic Sea

10 min read
  • GE Vernova and Drydocks World awarded Ostwind 4, the first 2 GW HVDC grid connection for offshore wind farms in the German Baltic Sea

  • The project will transport renewable electricity equivalent to powering nearly two million households

  • GE Vernova to provide advanced HVDC technology, including SF6-free gas-insulated switchgear

CAMBRIDGE, Mass. (December 16, 2024) – GE Vernova Inc. (NYSE: GEV) today announced that, in consortium with Drydocks World, it has been awarded the Ostwind 4 project by 50Hertz, a leading German Transmission System Operator (TSO). The project involves the design, construction, and commissioning of a 2-gigawatt (GW) High-Voltage Direct Current (HVDC) electric transmission system—the first of its kind in the German Baltic Sea—connecting an offshore wind farm to the German grid.

Located in the Arkona Basin, approximately 30 kilometers northeast of Rügen Island, the Ostwind 4 project will transport up to 2 GW of offshore wind energy via the HVDC system to the mainland, delivering renewable electricity equivalent to the amount needed to power nearly two million households. Provisionally scheduled for completion by the end of 2031, the project is expected to feature an advanced bipolar HVDC transmission system operating at 525 kilovolts (kV), ensuring efficient energy transport with minimal losses over long distances.

Collaborating to Drive Germany’s Renewable Energy Ambitions

The GE Vernova–Drydocks World consortium is responsible for delivering both the offshore converter platform and the onshore converter station, enabling seamless transmission of electricity from offshore wind farms in the Baltic Sea to the German transmission grid. As the consortium leader, GE Vernova will supply advanced HVDC technology, including voltage-sourced converters (VSC), high-voltage transformers, g3 gas-insulated switchgear (GIS), air-core reactors, as well as civil works for the onshore converter station and grid automation telecommunications equipment.

The project will also benefit from GE Vernova’s new HVDC Competence Center in Berlin, which is focused on developing leading-edge technology to improve grid stability and integrate more renewable energy.

Drydocks World will be responsible for designing, fabricating, and installing the offshore converter platform, including the jacket substructure and topside. This advanced infrastructure, built at Drydocks World’s Dubai facility, features a U-shaped jacket substructure with integrated nature-inclusive scour protection to enhance marine biodiversity while minimizing environmental impact.

Germany’s Energy Transition Goals

Germany is at the forefront of the global energy transition with its ambitious Energiewende framework, which aims to phase out coal entirely by 2030 and achieve net zero emissions by 2045. As per the German Climate Law, 80% of electricity supply must come from renewable sources by 2030, with a target of 100% by 2035. Projects like Ostwind 4 are crucial in meeting these goals, enabling the efficient transmission of renewable energy from offshore wind farms to the national grid and reducing dependence on fossil fuels.

Stefan Kapferer, CEO 50Hertz, said, “The awarding of the contract to GE Vernova and Drydock World marks the beginning of a new chapter in the use of wind energy in the Baltic Sea. 50Hertz is the first transmission system operator to deploy 2 GW / 525 kV technology in this sea area. This is pioneering work. We want to ensure that the entirety of the technically and economically viable offshore wind energy potential in the Baltic Sea is exploited, primarily with the help of direct current technology. To do this, we need to think and act in an even more networked way across national borders. One prerequisite for this is the creation of legal and regulatory conditions that enable wind farms in the waters of other EU states to be connected to the German transmission grid. “

Philippe Piron, CEO of GE Vernova's Electrification business, said, “Ostwind 4 represents a crucial milestone in our mission to electrify and decarbonize with the energy to change the world. By leveraging our advanced HVDC technology, this key infrastructure project underscores the essential role of offshore wind to ensure European energy security and to accelerate the global energy transition. This order also highlights the rapid growth in GE Vernova's Electrification segment, our fastest growing business, as our customers invest in the grid. We are very proud to collaborate with 50Hertz and Drydocks World to advance Germany’s renewable energy goals and set a new standard for a resilient and sustainable grid infrastructure.”

Johan Bindele, Leader of Grid Systems Integration at GE Vernova’s Grid Solutions business, added, “Ostwind 4 demonstrates the advancements in HVDC technology that GE Vernova delivers to support the integration of renewable energy sources at transformative scales. The use of our Voltage-Sourced Converters, g³ gas-insulated switchgear, and robust system design ensures not only efficient power transmission but also operational reliability over long distances. We are honored to lead this project in collaboration with our consortium partner Drydocks World and support 50Hertz in pushing the boundaries of energy innovation.”

Sultan Ahmed Bin Sulayem, Group Chairman & Chief Executive Officer, DP World, said: " We are pleased to see Drydocks World playing a pivotal role in the Ostwind 4 Project, a testament to its technical excellence and commitment to advancing renewable energy infrastructure. This reflects DP World’s ongoing commitment to enabling a clean energy future by supporting innovative projects that drive sustainability and economic growth. As the global energy landscape evolves, we remain dedicated to leveraging our expertise and innovative capabilities to support initiatives that drive clean energy transitions and economic development.”

Accelerating The Energy Transition Through Advanced Grid Technology

HVDC technology is critical in supporting the efficient and reliable transmission of renewable energy across long distances. Unlike the AC systems, HVDC can transmit three times the power with up to 50% fewer losses. HVDC systems equipped with Voltage-Sourced Converter (VSC) technology further enhance the controllability and stability of power flows, making them ideal for integrating variable energy sources such as wind and solar into the grid.

GE Vernova’s g3 gas-insulated switchgear further supports the energy transition by providing a more environmentally sustainable alternative to SF₆ gas, a potent greenhouse gas traditionally used in high-voltage equipment. The g3 technology is part of company’s GRiDEA portfolio, a suite of decarbonization solutions that empower grid operators to address their net-zero objectives. Launched in 2014, gshows an approximately 99% reduction of greenhouse gas contribution to global warming, compared to SF6, aligning with the decarbonization goals of the global energy sector. Together, HVDC and SF6-free solutions represent key innovations necessary to decarbonize and modernize the grid infrastructure for a more sustainable energy future.

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Image: After the symbolic signing of the contract: Standing f.l.t.r.: Stefan Hartge (GE Vernova), Marco Nix (50Hertz), Capt. Rado Antolovic (Drydocks World). Sitting f.l.t.r.: Johann Bindele (GE Vernova), Stefan Kapferer (50Hertz), HE Sultan Admed Bin Sulayem (Dubai Port World). 50Hertz / Kathrin Heller.

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution from the point of generation to point of consumption, and supporting a decarbonized and secured energy transition.

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© 2024 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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