Skip to main content
press release
Advanced Research

GE Vernova to deploy pioneering Direct Air Capture technology at Deep Sky Alpha in Canada

7 min read

NEW YORK CITY (September 24, 2025) – GE Vernova and Deep Sky, the world’s first technology-agnostic carbon removal project developer, announced an agreement to deploy GE Vernova's Direct Air Capture (DAC) technology at Deep Sky Alpha in Alberta, Canada. GE Vernova's technology will be capable of capturing up to 1,500 tons of carbon per year. With operations scheduled to begin by late 2026, Alpha will deploy GE Vernova’s proprietary solid sorbent technology, developed and rigorously tested at the company’s Advanced Research Centers.

Located in Innisfail, Alberta, Deep Sky Alpha is the world’s first cross-technology carbon removal hub which became operational in August 2025.

“We are excited about this first-of-its-kind collaboration, which marks an important step in advancing GE Vernova’s scalable, energy-efficient DAC solutions,” said Brian Moran, Executive Director of GE Vernova’s DAC program. “While the technology and industry are still emerging, collaborations like this, built on shared ambition and complementary strengths, have the potential to transform the future of carbon removal.”

GE Vernova DAC solutions couple innovative technology with resilient global supply chains that enable rapid deployment, as well as integrated systems engineering that improves energy use, harnesses waste heat, and ensures reliable operations at scale.

To further support the success of the Deep Sky Alpha project and future deployments, GE Vernova recently commissioned a 10-ton per year DAC test facility at their Advance Research Center in Niskayuna, New York. This system will play a pivotal role in demonstrating the capabilities of both the sorbent materials and the overall DAC technology, building confidence in its reliability and performance at the pilot stage and laying the groundwork for successful commercial-scale deployment.

“Deep Sky is the only place in the world offering end-to-end deployment, operations, renewable power and CO2 storage for DAC technologies, all in real world conditions,” said Alex Petre, CEO of Deep Sky. “GE Vernova entering this space underscores the growing momentum and urgency for DAC as a climate solution. We’re proud to welcome their unit to Deep Sky Alpha and to serve as the proving ground that sets the pace for the industry’s growth.”

The collaboration between Deep Sky and GE Vernova represents an important first step in deploying this innovative technology at speed and scale. It sets the foundation for future commercial-scale DAC projects in Canada, and internationally, as both organizations focus on the scale-up and industrialization of these solutions.

Together, GE Vernova and Deep Sky are committed to developing and deploying cutting-edge carbon dioxide removal (CDR) technologies. High-quality CDR is essential for achieving emissions goals. DAC removes carbon dioxide (CO₂) directly from the atmosphere using chemical processes. Unlike capturing emissions at their source (like power plants or industrial facilities), DAC removes CO₂ from ambient air, which makes it useful for addressing residual emissions and emissions from sources that are hard-to-abate, such as aviation, shipping, or heavy industry.

###

About Deep Sky
Montreal-based Deep Sky is the world's first tech-agnostic carbon removal project developer aiming to remove gigatons of carbon from the atmosphere and permanently store it underground. As a project developer, Deep Sky brings together the most promising direct air and ocean carbon capture companies under one roof to bring the largest supply of high quality carbon credits to the market, commercializing and catalyzing carbon removal and storage solutions like never before. With $130M in funding, Deep Sky is backed by world class investors including Investissement Québec, Brightspark Ventures, Whitecap Venture Partners, OMERS Ventures, BDC Climate Fund, Breakthrough Energy Catalyst, BMO, National Bank of Canada, and more. For more information, visit deepskyclimate.com.

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 Advanced Research business is an innovation powerhouse, operating at the intersection of science and creativity to turn cutting edge research into impactful realities. Advanced Research collaborates with GE Vernova’s businesses across a broad range of technical disciplines to accelerate the 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.

Captions:

  • Photo 1: GE Vernova’s recently commissioned DAC test facility located at the company’s new Advanced Research Center in upstate New York captures up to 10 tons of CO₂ from the air each year.
  • Photo 2 The GE Vernova DAC test facility plays a critical role in showcasing the performance of GE Vernova’s DAC technology and advancing innovation toward cost-effective, high-impact carbon removal solutions.
  • Photo 3: The GE Vernova DAC test facility is engineered for high operational flexibility, enabling rapid design comparisons under consistent conditions.

Press Resources
vernova image
GE Vernova DAC test facility - see caption photo 1 below
Image credit: GE Vernova
vernova image
GE Vernova DAC test facility - see caption photo 2 below
Image credit: GE Vernova
vernova image
GE Vernova DAC test facility - see caption photo 3 below
Image credit: GE Vernova
vernova image
Montreal-based Deep Sky Alpha facility
Image credit: Deep Sky Alpha
Press release action

Open as PDF

Share

Media inquiries
Dalia Rashid
GE Vernova | Communications, Americas
press release
Hydro Power

GE Vernova investit dans l'agrandissement de ses installations au Québec pour soutenir les objectifs énergétiques ambitieux du Québec et du Canada.

10 min read
  • GE Vernova prévoit d’investir 22,2 M CAD dans ses usines au Québec, pour ses sites hydroélectriques de Sorel-Tracy et de réseau à La Prairie.

     

  • 16,2 M CAD pour accroître la capacité de son usine de fabrication hydroélectrique à Sorel-Tracy afin d’aider à répondre à la demande de modernisation de l’hydroélectricité.

     

  • 6 M CAD pour développer les capacités de son site de La Prairie, spécialisé dans les équipements haute tension pour le transport d’électricité, afin de mieux desservir le marché nord-américain.

BROSSARD, CANADA (26 aout 2025) – GE Vernova Inc. (NYSE: GEV) a annoncé aujourd'hui un plan d'investissement de 22,2 millions de dollars canadiens dans ses usines du Québec, pour ses sites de production d'hydroélectricité à Sorel-Tracy et de réseau à La Prairie.

Les besoins énergétiques du Canada devraient doubler d'ici 2050. Au Québec, les projections de la demande indiquent une augmentation allant jusqu'à 35 % d'ici 2035. À cet égard, le Québec prévoit des investissements de 150 milliards de dollars — faisant partie du plan d'action 2035 d'Hydro-Québec d'environ 200 milliards de dollars — pour moderniser le réseau, augmenter la capacité hydroélectrique et éolienne, et moderniser les infrastructures.* Dans ce contexte, GE Vernova augmente la capacité de ses installations au Québec pour répondre aux besoins croissants des clients, améliorer la résilience énergétique et assurer la sécurité énergétique à long terme.

Capacité accrue pour l'hydroélectricité

GE Vernova investit 16,2 millions de dollars canadiens pour augmenter la capacité de son usine de fabrication de composants hydroélectriques à Sorel-Tracy. L’investissement de l’entreprise est soutenu par un prêt gouvernemental pouvant atteindre 2,5 M CAD. L’expansion comprend l’agrandissement de la superficie du site d'environ 20 % et l'installation d'un nouvel équipement destinée à la fabrication de composants de grande dimension. Dans le cadre de cette expansion, 28 nouveaux emplois attendus, en plus des 75 emplois qui sont consolidés.

L'installation de Sorel-Tracy est un centre de production de turbines, appuyant des projets hydroélectriques à travers le Canada et dans le monde entier. Avec près de soixante-dix ans d'expertise — remontant à 1957 — le site se concentre désormais sur des composants voués à la modernisation des infrastructures hydroélectriques, contribuant à accélérer la transition énergétique. L'activité Hydro Power de GE Vernova compte aujourd'hui près de cinq cents employés au Canada, dont près de cent à Sorel-Tracy.

L'agrandissement de Sorel-Tracy permettra à GE Vernova de répondre à la forte demande en hydroélectricité, notamment pour les projets de modernisation au Canada. L'hydroélectricité fournit environ 60 % de l'électricité du Canada, mais l'âge moyen des centrales hydroélectriques est de 53 ans. La modernisation de cette flotte sera essentielle pour répondre à la demande croissante avec une énergie plus propre et plus fiable.

“Pour exécuter efficacement ces projets dans une industrie à capacité limitée, GE Vernova a établi une entente de collaboration à long terme avec divers propriétaires d'actifs hydroélectriques, ce qui permettra un engagement précoce et une collaboration étroite entre les entreprises, offrant la visibilité à long terme nécessaire pour planifier, concevoir et sécuriser la chaîne d'approvisionnement des projets. Le carnet de commandes attendu lié à ces accords nécessite l'expansion du site de Sorel-Tracy.” explique Frederic Ribieras, CEO de l’entité Hydro Power de GE Vernova.

GE Vernova et Ontario Power Generation (OPG) ont signé un accord de 15 ans donnant à GE Vernova l'exclusivité pour moderniser jusqu'à 25 unités dans les centrales hydroélectriques d'OPG dans la région de Niagara. Les turbines dédiées à ces projets seront fabriquées à Sorel-Tracy.

Investissements dans la protection du réseau

GE Vernova investit plus de 6 millions de dollars canadiens pour augmenter les capacités de son installation à La Prairie, qui se spécialise dans les équipements haute tension pour la transmission d'énergie, afin de mieux servir le marché nord-américain. Cette expansion intervient alors que l'installation célèbre 60 ans d'innovation continue et d'évolution, soulignant son engagement de longue date à s'adapter aux besoins changeants des clients.

La sécurisation de l'avenir énergétique du Canada dépend de la modernisation significative du réseau électrique national, et cette expansion jouera un rôle essentiel dans cet effort. Les capacités améliorées permettront notamment à Hydro-Québec, un client clé, de faire avancer son ambitieux plan d'action en répondant à la demande croissante de disjoncteurs à réservoir mort — des composants essentiels pour assurer la fiabilité et la résilience du réseau.

Heather Chalmers, CEO Canada, GE Vernova, a dit : “Notre technologie fournit près de 40 % de l'électricité du Canada et ces investissements représentent notre engagement à sécuriser l'avenir énergétique du Canada et à aider nos clients à répondre au doublement de la demande tout en accélérant l'innovation et le développement technologique canadien.”

Les plans de GE Vernova ont été dévoilés lors d'une cérémonie d'inauguration à Sorel-Tracy, en présence de Carlos Leitão, Secrétaire parlementaire de la ministre de l’Industrie pour les régions du Québec, Jean-Bernard Émond, Député de Richelieu, Patrick Péloquin, maire de Sorel-Tracy, et Hubert Bolduc, Président d’Investissement Québec International.

« À travers le monde, GE Vernova est un acteur majeur de la transition énergétique en cours. Grâce à l’accroissement de ses activités à Sorel-Tracy, son projet l’amènera à répondre à la forte demande en hydroélectricité, notamment pour les projets de modernisation au Canada, au bénéfice de l’économie chez nous, dans Richelieu. Je félicite toute l’équipe pour son excellent travail et pour sa détermination à faire de GE Vernova une entreprise prospère de la Montérégie! » Jean-Bernard Émond, député de Richelieu

« Sorel-Tracy occupe une place stratégique dans l’industrie hydroélectrique. C’est à Sorel-Tracy que de nombreuses turbines des grands barrages québécois d’Hydro-Québec ont été construites au 20e siècle. Et des décennies plus tard, c’est à Sorel-Tracy que les grandes turbines québécoises et canadiennes seront modernisées grâce à notre expertise locale reconnue partout dans le monde! Quelle excellente nouvelle! Cet investissement de GE Vernova aura des répercussions positives pour plusieurs entreprises soreloises spécialisées en production de pièces pour le marché de l’hydroélectricité. » Patrick Péloquin, maire de Sorel-Tracy

Au Canada, l'équipe de GE Vernova, composée de plus de 2 400 employés talentueux et soutenue par un héritage de plus de 130 ans, apporte des changements significatifs en soutenant nos clients d'un océan à l'autre avec des solutions de production, transmission, conversion, stockage et orchestration de l'énergie.

###

Notes à l’intention des rédacteurs

L’investissement de 16,2 M CAD dans l’installation de Sorel-Tracy représente le montant total investi par GE Vernova pour l’agrandissement du site sur une période de trois ans, entre 2024 et 2026. L’investissement de l’entreprise est soutenu par un prêt gouvernemental pouvant atteindre 2,5 M CAD, dont 1,5 M CAD lié à l’agrandissement de l’usine et à de nouvelles machines de fabrication à grande échelle.

*Selon les projections d’Hydro-Québec et du gouvernement du Québec.

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 Hydro Power business produces advanced technologies that harness the power of water to help deliver reliable power to some of the world's largest economies and remote communities

© 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.

Press Resources
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Agathe Lefévre de la Houplière
GE Vernova | Senior Communications Manager, Hydro Power
Dalia Rashid
GE Vernova | Communications, Americas
press release
Hydro Power

GE Vernova to invest in Quebec facility expansion to support Quebec and Canada-wide ambitious energy goals

8 min read
  • GE Vernova plans to invest 22.2M CAD in Quebec factories, for its hydropower Sorel-Tracy and grid La Prairie sites.

  • 16.2M CAD to expand capacity at its hydropower manufacturing facility in Sorel-Tracy to help answer hydropower modernization demand.

  • 6M CAD to expand capabilities at its La Prairie facility, which specializes in high-voltage equipment for power transmission, to better serve the North American market.

SOREL-TRACY, Canada (August 27, 2025) – GE Vernova Inc. (NYSE: GEV) announced today a plan to invest 22.2M CAD in Quebec factories, for its hydropower Sorel-Tracy and grid La Prairie sites.

With Canada’s energy needs forecasted to double by 2050, and Quebec projecting a demand increase of up to 35% by 2035, the province is moving forward with a $150 billion capital expansion—part of Hydro-Québec’s approximately $200 billion 2035 Action Plan—to upgrade the grid, expand hydropower and wind power capacity, and modernize infrastructures*. In light of this, GE Vernova is expanding its Quebec facilities to meet soaring customer needs, enhance energy resilience, and ensure long-term energy security.

Increased capacity for hydropower

GE Vernova is investing 16.2M CAD to expand capacity at its hydropower manufacturing facility in Sorel-Tracy. The company’s investment is supported by a government loan of up to 2.5M CAD. The expansion includes extending the site square meters by about 20% and installing new equipment meant for large-scale component manufacturing. As part of this expansion, 28 new jobs are expected, in addition to the 75 jobs that are being maintained.

The Sorel-Tracy facility is a hub for advanced turbine production, powering hydropower projects across Canada and around the world. With nearly seventy years of expertise—dating back to 1957—the site now focuses on modernizing critical hydropower infrastructure, helping drive the next generation of sustainable energy. GE Vernova’s Hydro Power business counts almost five hundred employees in Canada today, with almost a hundred in Sorel-Tracy.

The expansion of Sorel Tracy will allow GE Vernova to meet the strong demand for hydropower, especially for modernization projects in Canada. Hydropower supplies around 60% of Canada’s electricity, but the average age of hydropower plants is 53 years old. Modernizing this fleet will be essential to meet the growing demand with sustainable and reliable power.

“To effectively execute on these projects, in a capacity-constrained industry, GE Vernova has established long-term collaboration agreement with various hydropower asset owners, that will enable early engagement and close collaboration between the companies, giving the long-term visibility needed to plan, design, and secure the supply chain for the projects. The expected backlog related to these agreements require the expansion of the Sorel Tracy site.” said Frederic Ribieras, CEO for the Hydro Power business at GE Vernova.

GE Vernova and Ontario Power Generation (OPG) signed a 15-year Framework agreement giving GE Vernova exclusivity to modernize up to 25 units at OPG’s hydropower stations in the Niagara region. The turbines for these projects will be manufactured in Sorel-Tracy.

Investments in grid protection

GE Vernova is investing over 6M CAD to expand capabilities at its La Prairie facility, which specializes in high-voltage equipment for power transmission, to better serve the North American market. This expansion comes as the facility celebrates 60 years of continuous innovation and evolution, underscoring its long-standing commitment to adapting to customers changing needs.

Securing Canada’s energy future depends on significantly modernizing the nation’s power grid, and this expansion will play a critical role in that effort. The enhanced capabilities will notably enable key customer Hydro-Québec to advance its ambitious Action Plan by meeting the growing demand for dead tank circuit breakers—essential components for ensuring grid reliability and resilience.

Heather Chalmers, CEO Canada, GE Vernova, said: “Our technology provides close to 40% of Canada’s electricity and these investments represent our commitment to securing Canada’s energy future and helping our customers meet the doubling of demand while accelerating Canadian innovation and technology development.”

These plans were unveiled at a groundbreaking ceremony in Sorel Tracy, with the presence of Carlos Leitão, Parliamentary Secretary to the Minister of Industry for the regions of Quebec, Jean-Bernard Émond, Member of the National Assembly for Richelieu, Patrick Péloquin, Mayor of Sorel-Tracy, and Hubert Bolduc, Président of Investissement Québec International.

“GE Vernova is a major player in the ongoing energy transition around the world. With growing operations in Sorel-Tracy, the company’s project will be able to meet strong demand for hydroelectric power, particularly for modernization projects in Canada, benefiting the local economy here in Richelieu. Congratulations to the entire team for its outstanding work and its determination to make GE Vernova a successful business in the Montérégie region!” Jean-Bernard Émond, Member of the National Assembly for Richelieu

"Sorel-Tracy occupies a strategic position in the hydroelectric industry. It was in Sorel-Tracy that many of the turbines for Hydro-Québec’s major dams were built in the 20th century. And decades later, it will be in Sorel-Tracy that the large Quebec and Canadian turbines will be modernized thanks to our local expertise recognized around the world! What excellent news! This investment by GE Vernova will have positive impacts for several Sorel-based companies specializing in the production of parts for the hydroelectric market." – Patrick Péloquin, Mayor of Sorel-Tracy

In Canada, GE Vernova’s team of over 2,400 talented employees, backed by a legacy spanning more than 130 years, is driving meaningful change by supporting our customers from coast to coast to coast with power generation, transmission, conversion, storage, and orchestration solutions. 

Notes to editors

The 16.2M CAD investment of the Sorel Tracy facility represents the total amount invested by GE Vernova for the site expansion over 3 years, between 2024 and 2026. The company’s investment is supported by a government loan of up to 2.5M CAD, of which 1.5M CAD is tied to the expansion of the mechanical workshop and to new large-scale manufacturing machinery.

*According to Hydro-Québec’s and the government of Quebec’s projections.

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 Hydro Power business produces advanced technologies that harness the power of water to help deliver reliable power to some of the world's largest economies and remote communities

 

© 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.

Press Resources
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
vernova image
Sorel-Tracy Investment Announcement and Groundbreaking Ceremony
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Agathe Lefévre de la Houplière
GE Vernova | Senior Communications Manager, Hydro Power
Dalia Rashid
GE Vernova | Communications, Americas
press release
Nuclear Power

GE Vernova Hitachi Nuclear Energy to establish Canadian small modular reactor engineering and service centre in Ontario

6 min read

TORONTO (June 23, 2025) - GE Vernova Hitachi Nuclear Energy (GVH) today announced plans to establish a cutting-edge Canadian BWRX-300 Engineering and Service Centre in Durham region near the Ontario Power Generation (OPG) Darlington New Nuclear Project site.

The Company intends to invest up to $50M USD on the facility, pending further development and construction of three additional units at the Darlington New Nuclear Project site. 

The planned facility will be used to provide engineering and technical services to support the long-term operation and maintenance of the anticipated fleet of BWRX-300 small modular reactors (SMR) in Ontario. It will also serve as a hub for innovation and training, knowledge-sharing, supply chain engagement and workforce development. It is expected to draw up to 2,000 nuclear professionals, suppliers and international partners to Ontario annually, bringing significant economic benefits to the Durham region.

Plans for the engineering and service centre for the BWRX-300 SMR were announced today during an event with Ontario Minister of Energy and Mines Stephen Lecce.

“The Canadian BWRX-300 Engineering and Service Centre will bolster Ontario’s position as a nuclear leader and further cultivate Canada’s nuclear energy workforce with an industry-leading training ecosystem,” said Heather Chalmers, President & CEO, GE Vernova Canada. “This Ontario-based hub will provide the province with continued access to the best and brightest talent and innovation in the nuclear energy industry while complementing global efforts for deploying the BWRX-300.”

“Ontario is proud to lead the world in next-generation nuclear innovation, creating good-paying local jobs, training thousands of skilled workers and delivering clean, reliable power for decades to come,” said Stephen Lecce, Minister of Energy and Mines. “By locking in this investment from GE Vernova we are reinforcing our plan to make Ontario a clean energy superpower where our workers build with Canadian materials, operate with Canadian expertise and export the clean technology the world needs.”

The announcement follows the Ontario government’s approval to proceed with construction of the first of four BWRX-300s at the Darlington site, making Ontario the first jurisdiction in the G7 to approve construction of a grid-scale SMR. Construction of the first unit is scheduled to be completed by the end of the decade.

The planned engineering and service centre will include a state-of-the-art virtual reality simulator and provide training capabilities to support safe and efficient SMR refueling and maintenance evolutions. The facility will develop advanced maintenance and inspection technologies tailored to the simpler SMR units and serve as an outage planning and execution preparation center for BWRX-300 reactors.

Plans call for the engineering and service centre to be operational by the end of 2027 to support the deployment and servicing of a fleet of BWRX-300s. In addition to its nuclear business, the centre will have the capability to support other GE Vernova businesses, bringing further economic benefits to the Durham region. This centre will complement GVH’s operations in Wilmington, N.C.

end

About GE Vernova Hitachi Nuclear Energy

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

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.

Press Resources
vernova image
BWRX-300 Engineering and Service Centre
Image credit: GE Vernova
Press release action

Open as PDF

Share

Investor inquiries
Michael Lapides

GE Vernova | Vice President of Investor Relations

+1 617 674 7568

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Nuclear Power

GE Vernova Hitachi’s BWRX-300 small modular reactor approved for construction by the Province of Ontario and Ontario Power Generation

5 min read
  • Construction of the first SMR in the Western world to begin soon

TORONTO (May 8, 2025) - GE Vernova Hitachi Nuclear Energy (GVH), today announced that construction of the first BWRX-300 small modular reactor has been approved by the Province of Ontario and Ontario Power Generation (OPG). The approval clears the way for construction of the first of four planned BWRX-300s at OPG's Darlington site to begin soon with completion of the first unit scheduled by the end of the decade.

“In deploying the first BWRX-300 small modular reactor, Ontario is leading the way globally in the deployment of SMRs,” said Maví Zingoni, CEO, Power, GE Vernova. “Our work with OPG and project partners will serve as a benchmark for the global nuclear industry.”

“As the world looks to adopt SMR technology, we are proud to be embarking on construction of the first BWRX-300 with OPG, AtkinsRéalis and Aecon” said Lisa McBride, Canada Country Leader, GVH. “Ontario's supply chain is expected to contribute significantly to this project bringing substantial economic benefits to the province including the creation of thousands of jobs during manufacturing, construction and operation.

Early site preparation work at Darlington has been completed and in April the Canadian Nuclear Safety Commission granted OPG a licence to construct the first unit.

The 300 MW BWRX-300, a 10th generation design, builds on decades of real-world boiling water reactor operating experience and innovation, using a standard design, a proven delivery model and GVH’s experience with cross-border regulatory collaboration.

GE Vernova has operated in Canada for more than 130 years and its support for the Canadian nuclear industry dates to the early 1950s when the company helped build the first Canadian nuclear power plant, the Nuclear Power Demonstration (NPD) reactor that became the basis for the entire CANDU fleet.

###

About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. | GE is a trademark of General Electric Company used under trademark license.

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.

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.

Press Resources
vernova image
GE Vernova Hitachi's SMR
Image credit: GE Vernova
vernova image
GE Vernova Hitachi logo
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Nuclear Power

GE Vernova Hitachi & Ontario Power Generation to build first small modular reactor in western world in Canada

6 min read
  • Early site preparation completed, construction expected to begin soon

CAMBRIDGE, Mass. (May 08, 2025) - GE Vernova Hitachi Nuclear Energy (GVH) announced today approval from the Province of Ontario and Ontario Power Generation (OPG) to proceed with deployment of the first small modular reactor (SMR) in the Western world at the Darlington nuclear site in Ontario, Canada. This milestone marks a significant step forward in advancing nuclear innovation and reinforces GVH’s leadership position in scaling SMRs commercially.

The announcement in Canada has significant implications for other countries considering the deployment of SMRs. The BWRX-300 is built on a standard design and proven delivery model, offering a real, tangible solution to nations seeking to enhance their energy security, reduce carbon emissions, and meet rising energy demand. Countries such as the United States, United Kingdom, Poland and Sweden are already exploring the potential of SMRs like the BWRX-300 to meet their energy needs.

“This historic achievement in small modular reactor technology is more than a milestone, it’s a clear signal that we are ready to meet the moment. As we build toward a more holistic energy future, this achievement with the BWRX-300 shows how innovation in nuclear can deliver reliable, baseload, zero-carbon power generation,” said Scott Strazik, CEO, GE Vernova. “As we confront the challenges of increased demand, energy security and carbon intensity, this milestone reaffirms our commitment to innovation and a more sustainable energy future.”

As the first utility to commit to building a BWRX-300, OPG's experience will serve as a benchmark for other utilities considering SMR projects. Successful deployment at Darlington will demonstrate the feasibility and benefits of SMRs, encouraging broader adoption and investment in this transformative technology.

“The experience and efficiencies gained from deploying the first BWRX-300 at Darlington alongside OPG and our other partners will pave the way for subsequent SMR projects by establishing a proven model for construction and operation,” said Craig Ranson, President & CEO of GE Vernova Hitachi Nuclear Energy. “The standardized design and modular approach of the BWRX-300 enable economies of scale, making it easier and more cost-effective to replicate the construction process at other sites.”

GVH’s BWRX-300 SMR represents a cutting-edge technology designed to deliver reliable and carbon-free power with enhanced safety and efficiency. Each BWRX-300 will provide approximately 300 MW of electricity, enough to produce the equivalent electricity needed to power 300,000 homes while significantly reducing the complexity and cost associated with traditional nuclear reactors.

###

About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. 
HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license

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.

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.

Press Resources
vernova image
GE Vernova Hitachi SMR rendering
Image credit: GE Vernova
vernova image
GE Vernova Hitachi Nuclear Energy logo
Image credit: GE Vernova
Press release action

Open as PDF

Share

Investor inquiries
Michael Lapides

GE Vernova | Vice President of Investor Relations

+1 617 674 7568

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Nuclear Power

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

6 min read

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.

The RPV is the largest component within the BWRX-300. GEH previously awarded a contract to BWXT for RPV-related engineering analysis, design support and manufacturing and procurement preparations. BWXT was the first company to join GEH’s BWRX-300 qualified supplier group.

“The contract to fabricate the reactor pressure vessel for the first BWRX-300 is another key milestone in the deployment of this technology,” said Lisa McBride, Canada Country Leader, GEH. “We are excited to be working with BWXT to move this project forward, while bringing benefits to manufacturing workers in Ontario.”

Early site preparation work at Darlington has been completed with construction of the first unit expected to start later this year, pending regulatory approval, and commercial operations expected to commence by the end of 2029. A total of four units are planned for the site. OPG’s collaboration with GEH signifies a power synergy, merging OPG’s successful legacy in nuclear operations with GEH’s experience in boiling water reactor technology to drive a major energy initiative in Ontario.

The BWRX-300, a 10th generation design, is a key pillar of GE Vernova’s energy leadership. In addition to helping customers generate reliable electricity, the BWRX-300 is designed to reduce construction and operating costs by leveraging a unique combination of existing, certified nuclear fuel, plant simplifications, proven components and a design based on an NRC-certified reactor. Further, the BWRX-300 builds on decades of real-world boiling water reactor operating experience and innovation, using a standard design, a proven delivery model and GEH’s experience with cross-border regulatory collaboration.

###

About GE Vernova
GE Vernova (NYSE: GEV) is 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.

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

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 memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, 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.

end

© 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.

Press Resources
vernova image
GE Hitachi Nuclear Energy's BWRX-300 SMR
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Nuclear Power

GE Vernova’s Nuclear business selects Worley Chemetics to design and fabricate key component for BWRX-300 small modular reactor

6 min read
  • Canada-based Worley Chemetics also joins BWRX-300 qualified supplier group

WILMINGTON, North Carolina (October 31, 2024) — GE Vernova’s Nuclear business (NYSE: GEV), GE Hitachi Nuclear Energy (GEH), today announced it has selected Canada-based Worley Chemetics, which has a fabrication facility in Pickering, Ontario, to design and fabricate the isolation condenser system for the BWRX-300 small modular reactor, the first grid-scale SMR in North America.

“The isolation condenser system is a key passive safety feature of the BWRX-300 design and we look forward to collaborating with Worley Chemetics on a manufacturing design that will deliver outstanding safety, quality and performance,” said Sean Sexstone, Executive Vice President, Advanced Nuclear, GEH. “This collaboration aims to strengthen Ontario’s nuclear supply chain and bring economic benefits to the region.”

“We’re delighted to partner with GE Hitachi to help solve the complex challenges of energy transition while expanding nuclear opportunities in Canda,” said Andrew Barr, President, Worley Chemetics. “This partnership builds on Worley Chemetics’ 60-year legacy of delivering sustainable process technologies, our recently acquired ASME nuclear certification and our newly expanded specialized alloy fabrication facility in Ontario.”

It was also announced today that Worley Chemetics has joined the BWRX-300 qualified supplier group which was established to help ensure a reliable, cost effective and innovative process for manufacturing and commercialization of the BWRX-300. Suppliers who meet pre-defined criteria, customer requirements and demonstrate a willingness to invest in BWRX-300 supply chain capabilities are eligible for selection to the group. Worley Chemetics joins BWXT Canada Ltd. (BWXT Canada) in the group with additional members expected to be announced soon. GE Vernova is well positioned to lead SMR supply chain development by leveraging its global presence and collaborations.   

Ontario Power Generation (OPG), GEH, AtkinsRéalis and Aecon Construction Group have entered into a contract to construct the first BWRX-300 at OPG’s Darlington site. Early site preparation work has been completed with construction expected to start in 2025 and commercial operation to commence by the end of 2029. A total of four 300 MW units are planned for the Darlington site. OPG's decades of operating experience and proven track record of delivering on-time, on-budget nuclear refurbishment, combined with GEH's nuclear expertise, sets the stage for success in advancing the energy landscape in other regions.

The BWRX-300 is a key pillar of GE Vernova’s energy transition leadership. In addition to helping customers achieve decarbonization goals, the BWRX-300 is designed to reduce construction and operating costs. Specifically, the BWRX-300 leverages a unique combination of existing fuel, plant simplifications, proven components and a design based on an NRC-certified reactor design.

###

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.

About GE Vernova
GE Vernova (NYSE: GEV) is 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.

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

© 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. 

end

© 2024 GE Vernova and/or its affiliates. All rights reserved.
GE is a trademark of General Electric Company and is used under trademark license

Press Resources
vernova image
GE Hitachi Nuclear Energy's BWRX-300 small modular reactor
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Nuclear Power

GE Vernova’s Nuclear business selects Velan Inc. to manufacture valves for the BWRX-300 small modular reactor

6 min read

MARKHAM, Ontario (October 10, 2024) - GE Vernova’s Nuclear business (NYSE: GEV), GE Hitachi Nuclear Energy (GEH), today announced it has selected Velan Inc, a Montreal-based company, to provide engineering support and manufacture valves for the first BWRX-300 small modular reactor.

“Our collaboration with Velan will further strengthen the robust and experienced Canadian nuclear supply chain and bring economic benefits to the country,” said Sean Sexstone, Executive Vice President, Advanced Nuclear, GEH. “It also positions Velan to be a strategic supplier as our technology is deployed globally. We will continue to look for opportunities to work with Canadian suppliers to support the deployment of the BWRX-300.”

“Velan’s involvement in this project highlights our decades-long leadership in the nuclear power sector,” said James A. Mannebach, Chairman and CEO of Velan Inc. “As we approach our 75th anniversary in 2025, we are remarkably well-positioned to support this landmark project and help shape the future of Canada’s nuclear energy landscape through Small Modular Reactor technology.”

GEH and Ontario Power Generation are developing the first BWRX-300 at OPG’s Darlington site. Early site preparation work has been completed with construction expected to start in 2025 and commercial operation to commence by the end of 2029. A total of four 300 MW units are planned for the Darlington site. OPG's decades of operating experience and proven track record of delivering on-time, on-budget nuclear refurbishment, combined with GEH's nuclear expertise, sets the stage for success in advancing the energy landscape in other regions.

The BWRX-300 is a key pillar of GE Vernova’s energy transition leadership. In addition to helping customers achieve decarbonization goals, the BWRX-300 is designed to reduce construction and operating costs. Specifically, the BWRX-300 leverages a unique combination of existing fuel, plant simplifications, proven components and a design based on an NRC-certified reactor design.

###

About GE Vernova 
GE Vernova (NYSE: GEV) is 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.

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

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 memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, 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.

© 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.

end

© 2024 GE Vernova and/or its affiliates. All rights reserved.
GE is a trademark of General Electric Company and is used under trademark license

Press Resources
vernova image
GE Hitachi Nuclear Energy's BWRX-300 small modular reactor
Image credit: GE Vernova
Press release action

Open as PDF

Share

Media inquiries
Jon Allen
GE Vernova | Communications, Nuclear Power
press release
Power

Framework agreement with Ontario Power Generation (OPG) to refurbish up to five hydropower plants over the next 15 years in the Niagara region, in Canada

1 min read

Stations would supply reliable, affordable and clean power for an additional 30 years

end

© 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.

Press release action

Share