CAMBRIDGE, Mass. (April 22, 2025) – As the world celebrates Earth Day, the GE Vernova Foundation today announced a new grant program focused on green spaces, an expansion of its commitments to growing stronger, more resilient communities and creating long-lasting environmental benefits through innovation and partnership. The announcement was made from the New York Stock Exchange where foundation and company leaders from across GE Vernova were honored to ring the Opening Bell ® in recognition of Earth Day.

To kick off the initiative, the Foundation committed a $500,000, two-year grant to the Trust for Public Land (TPL) - $250,000 of which will be allocated to helping bring green spaces to underrepresented communities in the Boston area. This grant will support TPL’s Parks for People program and will aim to revitalize public spaces in Dorchester, Roslindale, and Mattapan. GE Vernova opened its headquarters in Cambridge in 2023.

The remaining $250,000 will be allocated to Atlanta, home to one of GE Vernova’s largest U.S. sites. This grant will fund TPL’s Community Schoolyards program, and will support Atlanta Public Schools by transforming 10 schoolyards. Together these projects aim to provide nearly 75,000 local students and residents greater access to nature and outdoor areas within a 10-minute walk.

“These new parks and schoolyards will help foster stronger, healthier communities and provide local students and residents with much-needed green spaces,” said Kristin Carvell, President, GE Vernova Foundation and Chief Communications Officer, GE Vernova. “At GE Vernova, we are powered by the energy of change, and this initiative reflects our ongoing commitment to sustainability, innovation, and community resilience, helping to create a brighter future for all.”

“Investing in vibrant, welcoming green spaces isn’t just about parks—it’s about building healthier, stronger neighborhoods for generations to come,” said Jodi Valenta, Massachusetts Program Director for Trust for Public Land. “With support from the GE Vernova Foundation, we’re transforming park access in Boston and reimagining schoolyards in Atlanta, bringing nearly 75,000 people outdoor access and creating new opportunities for communities to connect with nature, stay active, and enjoy the benefits of the outdoors.”

The park projects are “shovel-ready” and set to be initiated and completed within the next 12 to 24 months. All projects are based on a participatory design process, resulting in hundreds of residents exploring environmental and sustainability concepts, landscape, and outdoor design, creating entire communities of conservationists. The projects will incorporate infrastructure such as catch and release stormwater systems to reduce flooding, tree canopies and rain gardens showcasing native plants.

As the Foundation continues to grow, our goal is to continue putting the company’s purpose - The Energy to Change the World - into practice by expanding this program’s reach to the global communities where our employees live and work.

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About GE Vernova Foundation
The GE Vernova Foundation, an independent charitable organization funded by GE Vernova, puts the company’s purpose – The Energy to Change the World – into practice across the global communities where employees live and work. Following the spinoff of GE Vernova as an independent company in April 2024 and building on the 100+ year legacy of the GE Foundation, the GE Vernova Foundation resources are channeled into initiatives focused on championing the global workforce needed for the energy transition as well as building stronger and more resilient communities. Learn more at www.gevernova.com/about/philanthropy.

About Trust for Public Land
Trust for Public Land (TPL) is a national nonprofit that works to connect everyone to the benefits and joys of the outdoors. As a leader in equitable access to the outdoors, TPL works with communities to create parks and protect public land where they are needed most. Since 1972, TPL has protected more than 4 million acres of public land, created more than 5,504 parks, trails, schoolyards, and iconic outdoor places, raised $110 billion in public funding for parks and public lands, and connected nearly 9.7 million people to the outdoors. To learn more, visit tpl.org.

Before being accepted to the Indian Institute of Science, Rajib Datta contemplated a career as a fine artist. “I was good at math and physics, so I knew engineering or science was probably in my future,” he says. But he felt equally adept in the field that he’d pursued since childhood. A natural draftsman and painter, Datta still executes figurative works and sketches today, and now senses a resonance between visual art and his pioneering work with GE Vernova in the field of power electronics.

Homer City, PA (April 2, 2025) – Today Homer City Redevelopment (HCR) and Kiewit Power Constructors Co. (Kiewit) announced the future of the former Homer City Generating Station. Homer City – previously the largest coal-burning power plant in Pennsylvania – will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing artificial intelligence (AI) and high-performance computing (HPC) needs of the innovative technology companies shaping America’s digital future.

View the full release here: https://www.homercityredevelopment.com/post/former-homer-city-pa-coal-plant-officially-reopens-as-state-of-the-art-natural-gas-facility

Renderings of the Homer City Energy Campus available here: www.homercityredevelopment.com

CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship between the two world-class research, innovation, and technology institutions since GE Vernova opened its Cambridge-based global headquarters. It will support groundbreaking research, innovation, and talent development in the energy sector.

As part of this alliance, GE Vernova will provide $50 million over five years to fund research initiatives, student fellowships, and internships, as well as educational and professional development programs for GE Vernova leaders. The partnership will be managed through MIT’s Office of Strategy, bringing together faculty, researchers, and students to address some of the most pressing challenges in energy and climate technology.

“This alliance embodies the spirit of the MIT Climate Project—combining cutting-edge research, a shared drive to tackle today’s toughest energy challenges, and a deep sense of optimism about what we can achieve together,” said Sally Kornbluth, President of MIT. “With the combined strengths of MIT and GE Vernova, we have a unique opportunity to make transformative progress in the flagship areas of electrification, decarbonization, and renewables acceleration.”

“It’s a privilege to combine forces with MIT’s world class faculty and students as we work together to realize an optimistic, innovation-driven approach to solving the world’s most pressing challenges,” said Scott Strazik, GE Vernova CEO. “Through this alliance, we are proud to be able to help drive new technologies while at the same time inspire future leaders to play a meaningful role in deploying technology to improve the planet at companies like GE Vernova.”

Advancing research in three flagship areas
Beginning in September 2025, the alliance will launch a series of research projects tackling three flagship areas critical to the future of energy:

• Electrification: Building the “grid of the future” by integrating renewables, enhancing grid resiliency with cutting-edge hardware and software, and strengthening cybersecurity for critical energy infrastructure.
• Decarbonization: Meeting the world’s growing needs for electricity while accelerating breakthroughs in carbon-free energy solutions, including next generation nuclear technologies, hydrogen and ammonia; and advancing carbon capture technologies.
• Renewables acceleration: Driving innovation in wind power, energy storage, and AI-driven operational optimization to improve efficiency, reliability, and scalability.

The alliance will fund approximately 12 projects annually. Additionally, three master’s students per year in MIT’s Technology Policy Program will conduct policy research culminating in published white papers.

Investing in the future energy workforce
Beyond research, the collaboration will play a vital role in developing the energy sector’s future workforce. Through fellowships, research support, and internships, MIT students will gain hands-on experience at GE Vernova’s global facilities tackling real-world energy challenges. A dedicated GE Vernova recruitment and networking program will further connect students and faculty with industry opportunities.

To foster interdisciplinary dialogue, MIT and GE Vernova will host an annual symposium on the MIT campus, bringing together thought leaders, students, and industry experts to present research results and explore cross-cutting solutions in energy, climate, and technology policy.

PENSACOLA, FL. (March 27, 2025) – GE Vernova today announced three key milestones that reinforce the Pensacola factory’s role in supporting U.S. energy abundance, affordability, and security. The company’s Florida factory has:

• Produced enough turbines to supply over 1.2 GW of the 2.4 GWs of orders GE Vernova will supply for the SunZia wind farm in New Mexico that will be the largest wind farm in the Western hemisphere when it comes online.
• Received new orders for 109 wind turbines for RWE New Energy projects in Texas that will begin deliveries later this year.
• Manufactured nearly 500 repower turbines since 2024, enough to supply over 850 MWs to repower projects across the US.

The new milestones were highlighted in Pensacola during a ribbon cutting event hosted by GE Vernova CEO Scott Strazik for the facility’s new customer experience center, which features multiple conference rooms, collaboration and networking areas, and direct access to the production space.

Strazik said, ”American workers at GE Vernova factories are powering the world as we see a historic investment in the energy sector. The roughly $70 million we’ve invested in Pensacola since 2023 is enabling us to help meet America’s and the world’s accelerating energy demand. Such strategic investments and the jobs they create in the U.S. aim to both help our customers meet the doubling of demand and accelerate American innovation and technology development to boost the country’s energy security and global competitiveness.”

Pensacola Mayor D.C. Reeves said, “GE Vernova’s partnership at the Port of Pensacola and continued investment in the city are a testament to our skilled workforce and its strategic importance in the growing energy sector. The jobs created here, and the turbines produced, are not only powering projects across the nation but also fueling economic growth right here at home.”

The investments in Pensacola were a key component of an announcement GE Vernova made in January that it will invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands around the world. The new investments – expected to create more than 1,500 new U.S. jobs – will help drive U.S. energy affordability, national security, and competitiveness, and enable the American manufacturing footprint needed to support expanding global exports.

Vic Abate, GE Vernova Wind CEO, said, "Our dedicated employees in Pensacola are working to address increasing energy demands for the U.S. The workhorse turbines manufactured at this world class factory are engineered for reliability and scalability, ensuring our customers can meet growing energy demand."

The Pensacola factory employs a workforce comprised of approximately 20% veterans, further highlighting GE Vernova’s dedication to local job creation and honoring those who have served the United States.

GE Vernova Onshore Wind has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

SCHENECTADY, NY (March 18, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has entered into an agreement with RWE to provide 109 of its 2.8 MW–127m* onshore wind turbines to power the Honey Mesquite wind farm in Glasscock County, Texas and repower the Forest Creek Wind Farm near Big Spring, Texas. The Forest Creek deal was booked in the second quarter of 2024, and the Honey Mesquite order was booked in the third quarter of 2024. Deliveries of the wind turbines for both projects are scheduled to begin later this year.

The projects will bring RWE’s rebuilt and repowered wind capacity across the U.S. to more than 1 gigawatt (GW). RWE estimates the wind farms will support about hundreds of full-time jobs during peak construction and will generate enough electricity to power the equivalent of more than 85,000 homes and business annually in Texas. The projects also supports several hundred long-term, advanced manufacturing jobs at GE Vernova’s Pensacola facility that will supply equipment used at the wind farms.

GE Vernova is leveraging its robust domestic supply chain and manufacturing capabilities for this project, with the nacelles for the turbines being produced at GE Vernova's facility in Pensacola, Florida. This manufacturing facility supports U.S. energy abundance, affordability, and security, and employs a workforce comprising approximately 20 percent veterans, highlighting GE Vernova's dedication to both fostering local job creation and honoring those who have served the United States.

Scott Stalica, Executive Director, North American Commercial Operations, GE Vernova’s Onshore Wind business, said: “We are pleased to have an opportunity to support a leader in the wind industry and appreciate RWE’s confidence in our business, our technology, and our people. These projects are another example of how wind power can support the country’s growing energy needs, while creating U.S. jobs and bolster energy security.”

Kevin Kroll, Chief Operating Officer, RWE Clean Energy: “RWE's investments in West Texas symbolize our steadfast commitment to producing homegrown energy and strengthening U.S. manufacturing and supply chains through our partnerships with great American companies like GE Vernova. Together, we are contributing to American energy dominance and we are fostering continued economic opportunity and job creation in rural communities across the country.”

GE Vernova's Onshore Wind has a total installed base of approximately 56,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GE’s 2.8 MW turbine with a 127 meter rotor is what we refer to as the 2.8 MW-127m.

NISKAYUNA, NY (March 12, 2025) – GE Vernova Inc. (NYSE: GEV) in collaboration with Energy System Group (ESG), Sage Geosystems (Sage), The Energy & Geoscience Institute at The University of Utah (EGI), announced that they were selected by U.S. Air Force and the Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO) to explore how to tap into America’s abundant geothermal energy supply to increase our national security.

This team, which has achieved "Awardable" status, is led by ESG. With over 30 years of experience working on military bases to provide power security and advanced mission readiness, Energy Systems Group will take the lead in designing power plants at Department of Defense (DoD) installations and developing a robust business model for each project. The team is strengthened by GE Vernova’s contributions from its Advanced Research, Power Conversion & Storage, and Grid Solutions businesses, which bring cutting-edge power conversion and microgrid technology, as well as battery energy storage systems integration (BESS).

The team is also supported by the Energy & Geoscience Institute at The University of Utah (EGI), which brings over 30 years of experience in geothermal resource exploration and characterization. Additionally, Sage will contribute its patented, proven pressure geothermal system, which operates like a multi-cylinder engine, utilizing two wells in an injection and production pattern to maximize efficiency and sustainability.

With this expertise, the team is now poised to explore the development of utility-scale geothermal power plants in the United States and abroad, with the goal of supplying U.S. military bases with reliable and cost-effective electricity, even during grid outages. This team was selected through the CDAO’s innovative solicitation process known as the Tradewinds Solutions Marketplace, which is designed to accelerate the procurement and adoption of mission critical technologies, such as Artificial Intelligence, Machine Learning, and resilient energy technologies.

“The U.S. Air Force leveraged the Tradewinds solicitation process to quickly collaborate with innovative American companies to build resilient, next-generation geothermal technologies at our bases, using private capital instead of taxpayer dollars,” said Mr. Kirk Phillips, Director, Air Force Office of Energy Assurance.”

GE Vernova's video, “GEO2X,” or “Advanced Geothermal Energy-to-Everything,” accessible only by government customers on the Tradewinds Solutions Marketplace, presents a solution that could provide 5-megawatt energy resilience 24-7 at about 50 DoD sites along the western Gulf of America and to the west of 101 degrees longitude. The solution includes geothermal assessment expertise (EGI and Sage), drilling (Sage), power conversion, delivery, microgrid design and control (GE Vernova), hydrogen generation and storage (GE Vernova), and power generation and project development (Energy System Group).

“We are excited to play a role in helping unleash American’s energy dominance with secure, plentiful, geothermal energy,” Steve Smith, Energy Systems Group’s V.P. of Federal Business, “We are honored to lead this innovative team that brings a wide range of technology and experience to help the DoD safeguard mission-critical operations.”

This team was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

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Photo information
LINCOLN, NEBRASKA, UNITED STATES | 03.01.2025
Photo by Staff Sgt. Alexander Schriner  | 155th Air Refueling Wing, Nebraska Air National Guard
Image use courtesy of Defense Visual Information Distribution Service

"The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement."

Source: Pages 46-47 of DoD Instruction 5410.19 Volume 1, “Community Outreach Activities: Policy Overview and Evaluation”, September 29, 2021.

About Energy Systems Group
Energy Systems Group (ESG) is a leading provider of performance-driven energy and infrastructure solutions nationwide. We design, build, and guarantee solutions that improve the reliability, efficiency, and lifespan of critical facilities in the education, government, healthcare, commercial, and industrial sectors. With a commitment to delivering reliable and proven solutions, Energy Systems Group takes a comprehensive approach to facility transformation. Visit energysystemsgroup.com to learn more.

About Sage Geosystems
Sage Geosystems is a leader in the next-generation geothermal industry, pioneering the use of Pressure Geothermal. Pressure Geothermal leverages both the heat and the pressure of the earth to enable three applications: energy storage, power generation and district heating. Sage is enabling geothermal to be deployable globally. For more information, visit www.sagegeosystems.com

About The Energy & Geoscience Institute at The University of Utah
The Energy & Geoscience Institute (EGI) is a multidisciplinary energy institute at the University of Utah. Over its 50-plus year existence, EGI has performed groundbreaking petroleum and geothermal exploration research around the world and has worked on innovative geothermal technologies. EGI manages FORGE (Frontier Observatory for Research in Geothermal Energy), a U.S. Department of Energy flagship project.

About the Tradewinds Solutions Marketplace
The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense’s (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at www.tradewindai.com. Tradewinds is housed in the DoD’s Chief Digital Artificial Intelligence Office. For more information or media requests, contact: [email protected]

About the Air Force Office of Energy Assurance
The Air Force Office of Energy Assurance (AF OEA), a directorate of the Air Force Civil Engineer Center (AFCEC), develops energy solutions that close energy resilience gaps and strengthen our nation's Air Force and Space Force installations at home and abroad. By leveraging the expertise of the energy community, AF OEA builds tailored energy solutions for each installation that are resilient, innovative, and cost-effective. For more information visit: https://www.afcec.af.mil/energy 

A decade ago, disruptive change came to power grids. Aging coal plants in Europe and the U.S., some in operation since World War II, began to retire. Saddled with high maintenance costs, coal plants were shuttered throughout the developed world. In their place rose new fleets of wind turbines, dotting the American plains from Texas to Iowa. In Europe, wind power blossomed onshore but also extended its reach offshore, thriving in the Continent’s notoriously stormy seas.

GREENVILLE, S.C. (March 3, 2025) – GE Vernova, Inc. (NYSE: GEV) announced today that it has completed its acquisition of Woodward, Inc.’s heavy duty gas turbine combustion parts business based in Greenville, S.C. This acquisition plays an important role in GE Vernova's strategy to invest in U.S. manufacturing and employment, while also strengthening its domestic supply chain.

“The completion of this acquisition adds resilience to our supply chain, aiming to deliver greater value to our customers and the energy sector,” said Eric Gray, President & CEO, GE Vernova’s Gas Power business. “I’m excited to now officially welcome these experts to the GE Vernova team and integrate them into our business.”

Combustion parts like those manufactured by these experts play an integral role in GE Vernova’s industry-leading gas turbines, supporting customers’ ability to meet growing energy demands from load growth, data centers and other areas.

The close of this acquisition is in addition to the Company’s previously announced plans to invest more than $160 million and hire more than 650 new employees at its Greenville facility which has had a strong presence in South Carolina for more than 50 years.

The team will be led by Shane Long, Global Supply Chain Leader, GE Vernova’s Gas Power business. GE Vernova acquired all assets related to Woodward, Inc.’s Greenville site, and the financial terms of the acquisition are not being disclosed.

HOUSTON (February 26, 2025) - NRG today joined GE Vernova and TIC, a subsidiary of Kiewit, in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225753165/en/