HONOLULU, (July 20, 2026) – GE Vernova Inc. (NYSE: GEV) today announced it has secured a contract with Hawaiian Electric (HECO), the electric public utility in Hawaii, to supply six LM6000VELOX* aeroderivative package units to repower the aging oil-fired steam turbines at its Waiau Power Plant facility in Pearl City, O’ahu. The project is currently on schedule for the first two units to be in commercial operation in 2029, with subsequent units coming online in phases.

These smaller and more efficient aeroderivative turbine units will replace assets ranging from 58 to 67 years old that are currently slated for retirement. Upon completion, this project is expected to add over 250 megawatts (MW) of firm power to the grid, helping ensure reliable service when variable renewable resources like wind and solar are unavailable. 

“The project will repower the facility with proven, fuel-flexible and modern technology,” said Mike DeCaprio, Hawaiian Electric Vice President of Power Supply. “This represents the most significant modernization of the O‘ahu generation infrastructure in decades and it will strengthen the reliability and resilience of our system while supporting the integration of more renewable resources like solar and energy storage.” 

To achieve this, Hawaiian Electric selected GE Vernova’s LM6000VELOX aeroderivative solutions to provide the precise operational flexibility required for the modern Hawaiian grid.

"We are proud to support HECO in their mission to provide fast, reliable, and more sustainable power to the people of Hawaii. Because Hawaii’s energy grid is isolated and cannot rely on continental interconnections for emergency support, the need for rapid-response capability is paramount,” said Dave Ross, CEO of GE Vernova's Gas Power business in the America’s pole. “By deploying our aeroderivative units, HECO gains the benefit of efficient and modular power assets that can transition from a cold start to full load in under 10 minutes. This jet engine-derived technology is uniquely suited to balance the variable nature of renewable energy, helping to ensure grid stability when it is needed most."

GE Vernova’s aeroderivative packages can operate on a variety of liquid fuels, including biofuels produced locally, and can be converted to run on liquefied natural gas if it becomes available. The project will utilize the current land footprint of Waiau Power Plant and reuse much of the existing infrastructure, which reduces cost and community impact. 

HANOI, Vietnam - June 23, 2026 – GE Vernova Inc. (NYSE: GEV) today announced it has secured an order for two 9HA.02 gas turbines and two H78 generators for Vietnam Electricity’s (EVN) Quang Trach II LNG Power Plant in Vietnam. The new combined-cycle power plant is expected to generate more than 1.6 gigawatts (GW) of electricity, with commercial operations expected by 2030, helping support Vietnam’s growing demand for more flexible, efficient, and reliable power generation.

Representative of Power Project Management Board No. 2 (EVNPMB2) said: “EVN/ EVNPMB2 values its long-standing relationship with GE Vernova and our shared commitment to supporting Vietnam’s evolving energy needs “As we advance major power infrastructure projects and modernize the electricity system, we believe GE Vernova brings proven technology, strong execution capabilities, and deep experience in Vietnam. GE Vernova’s participation in the Quang Trach II project also builds on our broader collaboration, including the Memorandum of Understanding signed in March 2026 to explore potential opportunities in High Voltage Direct Current technology to help strengthen grid reliability and support greater integration of renewable energy.”

The Quang Trach II LNG Power Plant is being developed by EVN, with an EPC consortium consisting of Power Construction Corporation of China and LILAMA Corporation Located in the Hon La Economic Zone, Quang Tri Province, Vietnam, the Quang Trach II LNG Power Plant is expected to play an important role in supporting the country’s rising power demand while enhancing overall system flexibility and reliability. The plant is expected to use imported liquefied natural gas (LNG), which will be re-gasified and used to fuel the gas turbines in a combined-cycle configuration to generate electricity more efficiently.

This announcement comes as GE Vernova’s HA gas turbine fleet recently surpassed 4 million commercial operating hours worldwide, marking an important milestone for one of the power industry’s most advanced and efficient gas turbine technologies. With nearly 130 HA units in operation across 21 countries, the fleet continues to support energy security, affordability, grid reliability, and reliability around the world.

“We are honored to support EVN on the Quang Trach II LNG Power Plant and to build on our long-standing relationship in Vietnam,” said Ramesh Singaram, GE Vernova’s President & CEO for Gas Power business in Asia Pacific. “As our HA fleet surpasses 4 million commercial operating hours worldwide, this order reflects the confidence customers continue to place in this technology to deliver efficient, flexible, and reliable power. For Vietnam, projects like Quang Trach II can play an important role in meeting rising electricity demand, supporting grid stability, and advancing the country’s transition to a more diversified energy mix.”

GE Vernova’s 9HA.02 gas turbines are among the company’s most advanced and efficient gas turbine technologies and are engineered to help provide flexible and dispatchable generation that can complement the increasing share of renewable energy in the grid.

GE Vernova has a long history in Vietnam dating back to 1993 and has worked with EVN since the utility’s establishment in 1995. Today, GE Vernova technologies help support Vietnam’s power system through equipment and services deployed across the country, including a gas power installed base of approximately 2.2 GW. GE Vernova also has nearly 1,100 employees across nine locations in Vietnam, as well as local capabilities including its Phu My repair facility and Dung Quat HRSG manufacturing plant.

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PARIS (17 juin 2026) – GE Vernova Hitachi Nuclear Energy (GVH) et le fabricant canadien Velan ont annoncé aujourd’hui un partenariat visant à étudier les possibilités pour Velan de fournir des vannes d’isolement intégrées au réacteur (RIIV) et des vannes d’isolement de l’enceinte de confinement (CIV) pour les projets de petits réacteurs modulaires (PRM) BWRX-300 de GVH en Europe. Ces vannes sont des composants essentiels qui permettent de réguler le débit du fluide de refroidissement, d’assurer la sécurité de fonctionnement du réacteur et de garantir la fiabilité et la performance à long terme de la centrale. Cette annonce a été faite en présence de l’honorable Stephen Lecce, ministre de l’Énergie et des Mines de l’Ontario.

Cet accord prend appui sur l’expertise et les capacités acquises dans le cadre de la collaboration entre les deux entreprises sur le Projet de nouvelle centrale nucléaire de Darlington en Ontario, au Canada, où Velan participe à la mise en service du premier réacteur BWRX-300. Alors que les pays européens cherchent à renforcer leur sécurité énergétique, à répondre à une demande croissante en électricité et à progresser vers leurs objectifs de décarbonisation, GVH explore les débouchés liés aux petits réacteurs modulaires (PRM) sur plusieurs marchés, notamment en Pologne, en Finlande et en Estonie.

« L’un des principaux avantages du déploiement à grande échelle réside dans la possibilité de mettre à profit l’expérience acquise lors des premiers projets pour les suivants », a déclaré Amir Mujezinovic, responsable de stratégie chez GE Vernova Hitachi Nuclear Energy. « Notre collaboration avec Velan à Darlington nous a permis de développer des capacités susceptibles de soutenir les futurs projets liés au BWRX-300 en Europe. Alors que nous travaillons avec des clients dans toute la région, nous restons déterminés à maximiser la participation locale tout en tirant parti de fournisseurs éprouvés et de l’expertise acquise dans le cadre de projets déjà en cours. »

Le BWRX-300 est un PRM d’une puissance de 300 mégawatts, conçu pour fournir une électricité fiable et sans carbone. Ontario Power Generation (OPG) déploie actuellement cette technologie à son installation de Darlington, ce qui en fait le premier PRM à échelle commerciale en construction dans le monde occidental.

« L’ensemble de vannes représente l’un des équipements les plus critiques d’une centrale nucléaire; il est essentiel à un fonctionnement sûr et fiable et nécessite une ingénierie et une fabrication spécialisées, ainsi que des normes de qualité rigoureuses », a précisé Laurent Pefferkorn, premier vice-président chargé des ventes mondiales chez Velan. « Forte de son expérience dans le cadre du projet de nouvelle centrale nucléaire de Darlington et faisant fond sur plus de sept décennies d’expertise dans le domaine nucléaire, Velan occupe une position unique pour accompagner GE Vernova Hitachi en tant que partenaire de choix dans la mise en œuvre future des réacteurs BWRX-300 en Europe. »

La province de l’Ontario a soutenu le développement d’une chaîne d’approvisionnement nucléaire compétitive à l'échelle mondiale grâce à des investissements dans le projet de nouvelle centrale nucléaire de Darlington et dans l’ensemble du secteur nucléaire.

« Lorsque la province de l’Ontario s’est engagée à construire le premier petit réacteur modulaire (PRM) du monde occidental, c’était pour garantir un avantage du premier arrivé à nos travailleurs, à notre chaîne d’approvisionnement et à notre base industrielle », a déclaré Stephen Lecce, ministre de l’Énergie et des Mines. « En signant cet accord avec GE Vernova Hitachi et Velan, l’Ontario va fabriquer et exporter des composants nucléaires de fabrication ontarienne destinés au marché européen des PRM, en pleine croissance. Avec plus de 600 milliards de dollars d’investissements mondiaux prévus dans les PRM au cours des prochaines décennies, notre gouvernement dynamise la chaîne d’approvisionnement ontarienne et contribue ainsi à créer des emplois bien rémunérés pour les Canadiens. »

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À propos de GE Vernova Hitachi Nuclear Energy
Le secteur d’activité Énergie nucléaire de GE Vernova, grâce à son alliance mondiale avec Hitachi, est l’un des principaux fournisseurs mondiaux de grappes de combustible nucléaire, de services et de conceptions avancées de réacteurs nucléaires. Ses technologies comprennent les réacteurs à eau bouillante et les petits réacteurs modulaires, tels que le BWRX-300, qui est l’une des conceptions de réacteur à eau bouillante les plus simples, mais aussi les plus novatrices. Le secteur d’activité Combustible nucléaire de GE Vernova, Global Nuclear Fuel (GNF), est l’un des principaux fournisseurs mondiaux de combustible pour réacteurs à eau bouillante et de services d’ingénierie liés au combustible. GNF est une coentreprise dirigée par GE Vernova en partenariat avec Hitachi, Ltd. Elle opère principalement par l’intermédiaire de Global Nuclear Fuel-Americas, LLC, à Wilmington (Caroline du Nord), et de Global Nuclear Fuel-Japan Co., Ltd., à Kurihama (Japon). HITACHI est une marque déposée de Hitachi, Ltd. utilisée sous licence. GE est une marque déposée de General Electric Company utilisée sous licence.

À propos de Velan
Fondée à Montréal en 1950, Velan Inc. (www.velan.com) conçoit, fabrique et commercialise à l'échelle mondiale un large éventail de vannes industrielles destinées à des applications critiques. Velan propose des solutions à de nombreux secteurs industriels, notamment la production d'électricité, le nucléaire, le pétrole et le gaz, l’industrie chimique, le GNL et la cryogénie, la défense et les technologies neutres en carbone. L’entreprise est un leader mondial dans le domaine des vannes industrielles en acier et est présente dans neuf pays. Son siège social est situé à Montréal, au Canada. Velan Inc. est une société cotée en bourse dont les actions sont cotées à la Bourse de Toronto sous le symbole VLN.

Déclarations axées sur l’avenir
Le présent document contient des déclarations axées sur l’avenir, c’est-à-dire des déclarations liées à des événements futurs qui, par nature, traitent de questions qui sont, à des degrés divers, incertaines. Ces déclarations axées sur l’avenir traitent souvent du rendement futur attendu de GE Vernova sur le plan des affaires et financier et de sa situation financière, ainsi que de la performance attendue de ses produits, de l’incidence de ses services et des résultats qu’ils peuvent générer ou produire, et contiennent souvent des mots tels que « s’attendre à », « anticiper », « avoir l’intention de », « planifier », « croire », « chercher », « voir », « sera », « serait », « estimer », « prévoir », « cibler », « préliminaire » ou « fourchette ». Les déclarations axées sur l’avenir, de par leur nature, traitent de questions qui sont, à des degrés divers, incertaines, telles que les déclarations concernant des transactions, des investissements ou des projets prévus et potentiels, leurs résultats attendus et les répercussions des conditions macroéconomiques et du marché et la volatilité sur les activités commerciales, les résultats financiers et la situation financière de l’entreprise, ainsi que la chaîne d’approvisionnement mondiale et l’économie mondiale.

Site web en anglais: https://www.gevernova.com/ca 
le site français: https://www.gevernova.com/ca/fr

CAPE TOWN, South Africa (June 17, 2026) – In line with the Africa Energy Forum’s theme, ‘Building Africa’s industrialized Future,’ GE Vernova Inc. (NYSE: GEV) today showcased its comprehensive portfolio of technologies engineered to translate large-scale infrastructure ambitions into operational reality. Success in this new industrial era requires a holistic approach, one that bridges the gap between power generation and industrial application. By integrating sustainable energy generation, advanced electrification systems, and digital decarbonization tools, GE Vernova aims to enable African industries to scale with precision, helping ensure that energy remains a reliable, affordable, and sustainable foundation for the continent’s economic transformation.

At the event, GE Vernova is demonstrating how digital intelligence is accelerating the energy transition. In Tunisia, the state utility STEG identified an opportunity to evaluate GE Vernova’s CERius™, a sophisticated digital platform that integrates artificial intelligence, advanced analytics, and digital twin technology to create a digital framework for emissions management. By moving from hardware-heavy monitoring to a software-driven digital framework, STEG is gaining real-time, auditable emissions data critical for aligning with international standards - including the EU’s Carbon Border Adjustment Mechanism (CBAM).

Validation at the Sousse B power plant confirmed the effectiveness of this digital approach. Beyond achieving high consistency in emissions monitoring, STEG anticipates that this software-driven shift will reduce related investment and maintenance costs by up to 50%. By enhancing traceability, this initiative supports Tunisia’s ambitious electricity export strategy to Europe, proving that data-driven decarbonization is a powerful catalyst for regional economic growth.

Alongside digital innovation, GE Vernova emphasized that as the continent accelerates its energy transition, the focus should shift from merely adding capacity to confirming grid infrastructure is inherently stable and resilient. To support this, the company released a new whitepaper at the event – “Spain's 2025 Blackout Experience: Grid Firming Needs for Developing Power Systems with High-Renewable Penetration.” 

The paper’s core recommendation is that future grids must be engineered for resilience, not just energy delivery. To successfully scale renewable energy, African nations are encouraged to prioritize grid stability from the outset, applying lessons learned from the Iberian Peninsula to build power systems that are as reliable as they are sustainable. By integrating flexible, grid-forming technologies - such as aeroderivative gas turbines, synchronous condensers, and advanced power electronic - and by explicitly valuing grid-support services, Africa can leapfrog traditional infrastructure hurdles. This approach enables the development of a more reliable and sustainable power system capable of supporting long-term economic growth. For further strategic guidance on these shifts, GE Vernova’s white paper, “Ensuring Power System Stability in an Evolving Electrical Grid,” maps out the essential path for modernizing power systems."

"Building Africa’s industrial future starts with getting the fundamentals right: power that is reliable, sustainable, and ready to scale," said Joseph Anis, President and CEO of GE Vernova's Gas Power business in Europe, Middle East, and Africa. "A modern, stable grid is the backbone of this vision. Our goal is to provide a complete toolkit - from the AI that manages decarbonization to the grid technology that keeps the system stable - and to partner with African leaders to make that future a reality." 

Building on over 125 years of collaboration across the continent, GE Vernova continues to support Africa’s energy evolution by delivering comprehensive power generation, transmission, and distribution solutions alongside critical software and community-focused initiatives. Through this deep-rooted presence, the company is actively fostering the technical self-sufficiency required to power the next generation of industrial growth.

PARIS (June 17, 2026) — GE Vernova Hitachi Nuclear Energy (GVH) and Canadian manufacturer Velan today announced a collaboration to explore opportunities for Velan to supply Reactor Integral Isolation Valves (RIIV) and Containment Isolation Valves (CIV) for GVH's BWRX-300 small modular nuclear reactor (SMR) projects in Europe. These valves are critical components that help control coolant flow, support safe reactor operation, and contribute to the long-term reliability and performance of the plant. The agreement was signed at GE Vernova's offices in Paris in the presence of The Honourable Stephen Lecce, Ontario's Minister of Energy and Mines.

The agreement builds on the expertise and capabilities being developed through the companies' work on the Darlington New Nuclear Project (DNNP) in Ontario, Canada, where Velan is supporting deployment of the first BWRX-300. As countries across Europe look to strengthen energy security, meet growing electricity demand, and advance decarbonization goals, GVH is pursuing SMR opportunities in multiple countries, including in Poland where GVH and Orlen Synthos Green Energy (OSGE) are executing site-specific engineering and development activities to support the deployment of at least 24 BWRX-300 units. 

"One of the key advantages of fleet deployment is the ability to apply experience from early projects to those that follow," said Amir Mujezinovic, Strategy Leader, GE Vernova Hitachi Nuclear Energy. "Our work with Velan at Darlington has helped establish capabilities that can support future BWRX-300 opportunities in Europe. As we work with customers across the region, we remain committed to maximizing local participation while leveraging proven suppliers and expertise from projects already underway."

The BWRX-300 is a 300-megawatt SMR designed to provide reliable, carbon-free electricity. Ontario Power Generation (OPG) is currently deploying the technology at its Darlington site, making it the first commercial-scale SMR under construction in the western world.

"The valve package represents some of the most critical equipment within a nuclear power plant, essential to safe and reliable operation and requiring specialized engineering, manufacturing, and stringent quality standards," said Laurent Pefferkorn, Executive Vice-President, Global Sales, Velan. "Building on our experience supporting the Darlington New Nuclear Project backed by more than seven decades of nuclear expertise, Velan is uniquely positioned to support GE Vernova Hitachi as a partner of choice in enabling future BWRX-300 deployments in Europe.”

The Province of Ontario has supported development of a globally competitive nuclear supply chain through investments in the Darlington New Nuclear Project and the broader nuclear sector.

"When Ontario committed to building the Western world's first Small Modular Reactor, we did so to secure a first-mover advantage for our workers, supply chain and industrial base,” said Stephen Lecce, Minister of Energy and Mines. “By signing this agreement with GE Vernova Hitachi and Velan, Ontario will build and export Ontario-made nuclear components for Europe’s growing SMR market. With more than $600 billion in global SMR investment expected in the decades ahead, our government is firing up the Ontario supply chain helping create good-paying jobs for Canadians."

Fifteen years ago, the world’s power grids were starting to change fast. As coal plants retired and renewables expanded, power systems needed technology that could deliver both flexibility and scale. GE Vernova’s H-class gas turbine was built for that moment, and its record-breaking combined-cycle efficiency helped make it the fastest-growing fleet in its class.

ATLANTA, GA - (May 26, 2026) - GE Vernova Inc. (NYSE: GEV) today announced that its HA gas turbine fleet has surpassed 4 million commercial operating hours worldwide, marking an important milestone for one of the power industry’s most advanced and efficient gas turbine technologies. 

Since the first HA unit entered commercial operation in 2016, the fleet has grown to 128 units operating across 21 countries and has generated approximately 74 gigawatts (GW) of power plant capacity, the equivalent electricity needed to power more than 55 million U.S. homes. Today, GE Vernova’s HA gas turbine is the world’s fastest-growing fleet in its class.

The milestone also highlights the growing performance of GE Vernova's HA services, as each new turbine commissioned today is typically accompanied by a long-term maintenance and performance contract that grows GE Vernova's high-margin services backlog for decades to come.

“Surpassing 4 million commercial operating hours is a strong validation of the HA fleet’s performance, reliability and relevance in today’s energy landscape,” said Eric Gray, CEO, GE Vernova’s Power Segment. “This milestone reflects the confidence our customers have placed in GE Vernova’s HA technology and its established role in supporting flexible power generation around the world.  As electricity demand rises and energy security is seen as national security, customers are increasingly focused on solutions that can deliver reliable, efficient, and more flexible power. Our HA fleet is helping meet that need today while continuing to evolve to support lower-emission power systems over time.”

Growing Global Demand for HA Technology

GE Vernova’s HA gas turbines were developed in the context of a fundamental shift in the global power sector, involving the replacement of aging coal-fired generation with more efficient, lower-emission, and flexible power while enabling greater renewable energy integration. That role is becoming increasingly important as electrification, industrial expansion, and rising demand from data centers and AI drive sustained pressure on power systems worldwide. 

In this environment, GE Vernova is seeing continued demand for gas power technologies as customers prioritize solutions that can be deployed at scale, operate efficiently and support grid reliability. As the installed HA fleet continues to expand, GE Vernova also sees growing services opportunities as customers seek to maintain performance, availability and operating flexibility across the lifecycle of these assets. 

As power needs continue to expand, GE Vernova is investing across its Gas Power manufacturing and services footprint—including in Greenville and Schenectady—to strengthen the capabilities needed for the future. GE Vernova’s nearly $300 million in planned investments in the Gas Power business underscores our commitment to helping customers deliver reliable, efficient, and more flexible generation at scale. This investment is part of a $700 million invested in meeting unprecedented customer demand across the company.

Recent milestones further illustrate the fleet’s global momentum. 

In the U.S., the HA has seen record success. One example is with Duke Energy securing  20 advanced HA gas turbines, several of which are included in a framework agreement executed in 2025. Several other traditional U.S. utilities have also entered into significant, multiunit HA agreements. Beyond traditional customers, a new, non-utility customer archetype is emerging from data centers. This includes hyperscalers and other project developers which represent approximately 20 percent of total gas turbines contracts

In Türkiye, GE Vernova and Enka Power announced the start of commercial operation at ENKA’s 850-megawatt (MW) Kırklareli power plant in Kırklareli, Türkiye. The facility marks the first HA-powered plant in the country, bringing GE Vernova’s total installed gas power capacity in Türkiye to 13.5 GW.

In the UK, GE Vernova is supplying a 9HA.02 gas turbine for the NZT Power project, expected to be the world’s first commercial-scale gas-fired power station equipped with carbon capture technology. Construction has started, and the gas turbine is expected to be shipped from GE Vernova’s Manufacturing Center in Belfort, France, in June.

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Kırklareli, Türkiye - (May 12, 2026) ENKA and GE Vernova Inc (NYSE: GEV) today announced the start of commercial operations at the 852 megawatts (MW) Kırklareli power plant in Kırklareli, about 20 miles from the Bulgarian border in Türkiye. The facility is the first HA-powered plant in the country and represents a significant milestone in the modernization of Türkiye’s power generation fleet.

Under the terms of a multi-year agreement, GE Vernova is also expected to provide long-term maintenance services to improve asset visibility, reliability, and availability. The milestone was celebrated in the presence of senior government officials, including H.E. Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Türkiye, and representatives from ENKA and GE Vernova. 

“With the successful commissioning of the Kirklareli power plant, ENKA has achieved a significant milestone, strengthening its position as both investor, EPC contractor, and operator of one of Türkiye's most efficient combined cycle facilities," said Mr. Mehmet Tara, Chairman of the Board and President of ENKA. “By delivering flexible, high-efficiency power to the national grid, this project reflects ENKA's nearly 70 years of engineering heritage, the depth of our in-house capabilities — from design to commissioning — and our long-term commitment to supporting Türkiye’s growing electricity needs with efficient, reliable, and flexible generation.”

The commercial operation of the Kırklareli plant comes as Türkiye continues to modernize its power system to meet rising electricity demand through a more efficient, resilient, and diversified generation mix. According to the IEA outlook, natural gas power generation in Türkiye has expanded significantly over the past two decades and today represents a key part of the country’s energy mix, supplying more than a quarter of its electricity. 

For the Kırklareli Power Plant, GE Vernova supplied its combined-cycle power generation equipment, including a 9HA.02 gas turbine with H78 generator, an STF-D650 steam turbine, and a triple-pressure Heat Recovery Steam Generator (HRSG). All engineering, procurement, construction, and commissioning works were executed by ENKA's in-house teams, with approximately 8 million person-hours of effort over a 36-month execution period. The Kırklareli facility is expected to be among the most efficient combined-cycle gas power plants in the country, reaching above 63% net efficiency in combined-cycle mode.

“As Türkiye prepares to host COP31, this project highlights the important role that advanced, high-efficiency power generation technologies can play in strengthening energy security, while enhancing grid reliability,” said Joseph Anis, President & CEO for GE Vernova’s Gas Power business in Europe, Middle East & Africa. “Kırklareli's entry into commercial operation marks an important step in our collaboration with ENKA and in bringing GE Vernova’s HA technology to Türkiye for the first time. We are proud to support the country’s energy transition with technology that can help power growth, strengthen infrastructure, and contribute to long-term economic development.”

GE Vernova has supported Türkiye’s energy infrastructure for more than 75 years. Today, the company has an installed base of approximately 33.5 gigawatts (GW) across gas power, wind, hydro, and solar technologies, as well as grid modernization initiatives, and manufacturing and R&D capabilities through its Gebze Transformer Factory. With this project, GE Vernova’s total installed gas power capacity in Türkiye has reached approximately 13.5 GW.

VADODARA, INDIA (May 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has secured an order from Megha Engineering & Infrastructures Limited (MEIL) to deliver nine 150 MW pumped-storage units for the 1.35 GW Upper Sileru hydropower plant, located in the state of Andhra Pradesh in India. The project is expected to be completed by 2030. At 1.35 GW, Upper Sileru will be among the largest pumped‑storage hydropower projects in India.

Once completed, MEIL’s Upper Sileru hydropower plant will be able to store and supply enough electricity equivalent to the annual needs of about three million Indian homes*. The Upper Sileru pumped‑storage project is expected to play a critical role in supporting India’s energy transition by providing long‑duration energy storage that helps balance growing solar and wind capacity on the national grid. With its ability to rapidly switch between pumping and generating modes, the facility will support grid reliability, peak demand management, and frequency regulation at scale.

Megha Engineering & Infrastructures Limited said: “The Upper Sileru pumped-storage project is a landmark development for India’s energy transition. Partnering once again with GE Vernova allows us to leverage proven pumped-storage technology to deliver reliable, large-scale energy storage that will support grid stability and enable greater integration of renewable power across the country.”

GE Vernova’s scope of work includes the design, engineering, manufacturing, testing, supply, transportation, and supervision of erection, testing and commissioning of the nine units, control and governing systems. The nine vertical Francis reversible units are designed for high efficiency, operational flexibility, and a long service life, enabling reliable performance over several decades of operation.

This project marks the second pumped-storage project GE Vernova and Megha Engineering & Infrastructures Limited (MEIL) are working on together.  GE Vernova is currently delivering four 125 MW fixed speed pumped-storage units for the new Kundah hydropower plant in India. 

The project will leverage GE Vernova’s engineering and manufacturing footprint in India and is expected to support local employment, skills development, and industrial capabilities during execution.

Frederic Ribieras, Hydro Power CEO, GE Vernova, said: “We are honored to be working on this second project with MEIL. Pumped-storage projects are critical to help build a more sustainable energy landscape in India and in the world, stabilizing the grid and balancing variable renewable energies- at a very large scale, and for a long lifetime.”

Pumped Storage Projects

Pumped Storage is a source of large-scale energy storage. Acting as a giant battery, it helps stabilize the grid, sustainably, with the integration of wind and solar power. GE Vernova is one of the largest players in the global pumped-Storage space with nearly 30% of the global installed base and is currently developing more than 3 GW of pumped-Storage projects around the world. GE Vernova had also recently delivered the four 250 MW pumped storage variable speed systems at the Tehri pumped-Storage Hydropower Plant for THDC India Limited’s, part of the Tehri Hydropower Complex.

GE Vernova in India

GE Vernova has deep-rooted presence in India, across power generation, transmission and distribution. The company counts five Technology and Engineering Centers focused on advancing research, development and innovation in new technologies and solutions. Additionally, the company operates 10 manufacturing sites that are undertaking local production and generating employment. The company’s workforce in India comprises of over 10,000 employees, including more than 3,000 engineers and technologists.

CAIRO, Egypt (April 29, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it received an order from an affiliate of Egyptian Electricity Holding Company (EEHC,) Middle Delta Electricity Production Company (MDEPC), to modernize power generation infrastructure and improve operating efficiency.at MDEPC’s Banha and Nubaria power plants in Egypt. The order was booked in the first quarter of 2026.

Spanning an anticipated three-year period, the project aligns with Egypt’s ongoing efforts to modernize its power generation infrastructure, reinforce energy security, and drive greater efficiency in electricity generation. 

The scope includes two Advanced Gas Path (AGP) upgrades for the two GE Vernova 9F gas turbines at the Banha power plant, along with multiyear services agreements for Banha and Nubaria with terms of 15 and 8 years, respectively.

“This modernization highlights the potential benefits that Advanced Gas Path technology can bring to F-class gas turbine units in Egypt,” said Eng. Mohamed El-Abd, Chairman of MDEPC. “The upgrades are expected to increase the output of the gas turbines and improve efficiency by approximately 2 percent. These improvements are expected to enable additional power generation with more efficient fuel use and may help reduce carbon emissions per megawatt hour.”

“Across many power systems, improving the efficiency, availability, and operational performance of the existing generation fleet can play an important role in supporting electricity demand and broader power system objectives,” said Joseph Anis, President & CEO, Europe, Middle East & Africa, GE Vernova’s Gas Power business. “Upgrades such as Advanced Gas Path technology can help operators improve output, extend maintenance intervals, and enhance efficiency, while supporting more reliable power generation. We are pleased to support MDEPC in its efforts to modernize these assets and help meet Egypt’s evolving power generation needs.”

For more than 50 years, GE Vernova’s businesses have supported Egypt’s electricity infrastructure through technologies and solutions, local talent development, and financing for projects across the power sector. Today, GE Vernova continues to support customers in Egypt across power generation, transmission, software, and services.

Today, GE Vernova’s installed base in Egypt includes more than 60 gas and steam turbines with a combined generating capacity of approximately 10 gigawatts.

Notes to editors

*Decarbonization as used in this article is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis.

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