SINGAPORE (October 27, 2025) – GE Vernova Inc. (NYSE: GEV) and YTLPowerSeraya Pte Limited (“YTLPS”) announced today the collaboration of the two companies on a feasibility study (“Study”) to analyze the lowering of carbon emissions of YTLPS’ H-Class Combined Cycle Gas Turbine (CCGT) plant on Jurong Island, Singapore.

Following the launch of a Power Sector Carbon Capture and Storage Grant Call by Singapore’s Energy Market Authority (“EMA”), in October 2024, which invited the power industry to explore potential carbon capture solutions as part of Singapore’s energy transition towards a low-carbon future, the EMA has selected five projects on 14 July 2025.  Among these, YTLPS’ Post-Combustion Carbon Capture Study proposal was successfully selected to receive co-funding.

The Study is focused on retrofitting YTLPS’ H-Class CCGT with technology capable of capturing at least 90 percent of the plant’s carbon dioxide (CO₂) emissions.  With its proven expertise, GE Vernova will focus the Study on the seamless integration of the H-Class CCGT plant with post-combustion carbon capture technology, supported by three key technical solutions:

• Exhaust Gas Recirculation (“EGR”);
• Steam integration; and
• Controls integration

In comparison to traditional bolt-on post-combustion carbon capture solutions, the proposed GE Vernova’s advanced system integration with EGR technology allows a gas power plant with post-combustion carbon capture solutions to operate more efficiently and cost-effectively which reduces overall plant size, overall CAPEX and OPEX whilst also boosting overall integrated plant performance.

“We are enthusiastic that EMA awarded our 600 MW H-Class Combined Cycle Power Plant to study the integration of post-combustion carbon capture.  Our participation in the GE Vernova-led study underscores our dedication to accelerating advanced solutions to potentially retrofit our power plant to achieve net zero emission, a vital step towards producing more sustainable energy for Singapore and our communities,” said John Ng, CEO of YTLPS.

“GE Vernova’s  first-of-its-kind carbon capture assessment in Singapore proposes significant enhancements aimed at improving the proposed carbon capture process and reducing its impact on the power plants’ output, performance, and costs,” said Ramesh Singaram, President & CEO of GE Vernova's Gas Power business in Asia Pacific region. “GE Vernova will lead the full-scale integration of the study with the ultimate goal of lowering the net carbon emissions of the power plant.  We remain committed to supporting the advancement of the region’s energy goals, working alongside carbon capture players to support YTL PowerSeraya’s decarbonization efforts.”

The announcement for the post-combustion carbon capture study was made at the sidelines of Singapore International Energy Week.  This recent milestone follows other significant announcements for GE Vernova, including the selection for the innovative Net Zero Teesside (NZT) Power project, expected to be the world’s first gas-fired plant integrated with a carbon capture plant at commercial scale, and the order of GE Vernova’s combined cycle equipment  to power YTLPS CCGT on Jurong Island, Singapore. The plant is expected to be powered by a 9HA.01 gas turbine, an STF-A650 steam turbine, a W88 generator, and a triple pressure with reheat Heat Recovery Steam Generator (HRSG).

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Notes to editors

© 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.

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

ATLANTA, GA – (October 23, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that it secured an order from the Australian independent gas producer and energy company QPM Energy Limited (“QPM”) for two of its LM6000* aeroderivative gas packages. GE Vernova’s fuel flexible aeroderivative gas turbine packages are aimed to enable the plant to use QPM’s existing gas reserves or coal mine waste gas (with at least 50% methane) that it collects.

With commissioning scheduled for mid-2027, GE Vernova turbine packages are projected to deliver up to 112 MW of electricity at QPM’s Isaac Power Station, enhancing the expansion of QPM’s existing Moranbah gas production and infrastructure assets – the QPM’s Isaac Energy Hub (IEH).

“The development of the Isaac Power Station meets the State Government’s call for more gas-fired generation as flexible, gas-fired generation is clearly essential for supporting grid stability during the energy transition,” said QPM Chief Executive Officer David Wrench.  “GE Vernova’s flexible units are anticipated to supply electricity during periods of peak demand. This daily peak generally arises after sunset, as solar generation decreases and households increase their energy usage for various activities.”                                                       

Aeroderivative gas turbine solutions, like GE Vernova’s LM6000, are built for high cycling capability, which allows power plant operators to get up and running—and on the grid—quickly. With capability to reach full power within around five minutes from start-up, LM6000 aeroderivative gas turbines have a nominal ramp rate of around 30 MW/min, providing a fast primary frequency control response for better grid support.                                                                     

“We are excited to contribute to the growth of QPM’s energy business, while supporting grid stability and reliability in Queensland as the state accelerates its transition to a more sustainable renewable powered future,” stated Ramesh Singaram, President & CEO of GE Vernova's Gas Power Business for the Asia Pacific region.

The LM6000 aeroderivative gas turbines are well-suited for both peaking and base load generation, as well as grid firming applications, offering the flexibility to start and stop multiple times per day if needed.  With over 40 million operating hours and more than 1,300 units shipped, the LM6000 aeroderivative gas turbine is a leader in the 40 to 60 MW space.

Australia has been part of GE Vernova’s heritage for more than 125 years. The Pyrmont Bridge was one of GE Vernova’s first projects in Australia, and one of the first electric-powered bridges in the world at the time, marking the start of the company’s technology and innovation in the region. Today, GE Vernova plays a central role in supporting the nation’s energy transition, with 80% of the national grid operating on GE Vernova’s electrification software, 40% of Australia’s major utilities using GE Vernova technologies, 50% of Australia’s power fleet is serviced by GE Vernova. GE Vernova’s portfolio covers all areas of the energy sector, with technologies across wind, gas, grid and digital solutions, helping Australian providers decarbonize while maintaining energy reliability and cost efficiency.

Notes to editors

Financial Editors:  Please note this order was booked in the third quarter of 2025.

Neuquen ARGENTINA (October 23, 2025) - GE Vernova Inc. (NYSE: GEV) today celebrated the opening of a new Repair Service Center in the Parque industrial Centenario, in the Neuquén Province, Argentina. The new facility marks GE Vernova’s first repair center for GE Vernova’s Aeroderivative business in Latin America and is expected to boost repair capabilities for GE Vernova’s aero derivatives gas turbines fleet based in Argentina, Brazil, Chile and Uruguay.

Owners of aero derivative gas turbines in these countries can benefit from significant improvements to lead time and delivery of repaired components in support of their outage needs. Aero derivative gas turbines will no longer need to be shipped to a repair center outside of Latin America, which may result in substantial reduction - which can be up to a year - of component delivery times.

“This project is aligned to GE Vernova plans to expand its gas turbine repair capabilities globally,” according to Luis Leal, General Manager Aero Services Americas, Gas Power GE Vernova. “By applying lean practices and advanced repair technologies, our Repair Service Center in Centenario can set a new benchmark for repair excellence. The new facility will help us to better serve our customers and ensure that our legacy equipment remains competitive, while effectively addressing the support and maintenance needs throughout southern Latin America.”

This facility will initially offer LMS100* maintenance services and is planned to expand its capabilities to include LM2500* and LM6000* gas turbines solutions by the end of 2026. By providing maintenance locally, GE Vernova will help alleviate import and export bottlenecks that have historically affected turnaround times.

With approximately 6,600 employees in Latin America, GE Vernova is serving its customers by providing solutions to help deliver a more affordable, reliable, sustainable, and secure energy future.

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Notes to editors

*Trademark of GE Vernova and/or its affiliates.

WILMINGTON, North Carolina (October 7, 2025) – GE Vernova Hitachi Nuclear Energy (GVH) and Samsung C&T, a leading construction and engineering company, have announced a strategic alliance to advance the deployment of the BWRX-300 small modular reactor (SMR) in strategic global markets, outside North America. The two companies will focus their collective efforts on developing the supply chain and project delivery solutions for GVH’s SMR. Further, they will work together in the potential deployment of five BWRX-300s in Sweden.

“With the first unit of our BWRX-300 under construction in Canada, we are well positioned to lead the deployment and scale of the SMR industry,” said Maví Zingoni, CEO Power, GE Vernova. “This collaboration with a leading player like Samsung C&T, which has a solid track-record of helping to deliver nuclear projects safely, on-time and on-budget, will further strengthen the BWRX-300 position among the most advanced, deployment ready, and lowest risk SMR technology available today.”

“This agreement marks a strategic collaboration where Samsung C&T and GVH aim to become global leaders in the nuclear power segment. The collaboration will capitalize on Samsung C&T's extensive experience in nuclear power and infrastructure project execution, combined with GVH's validated technological expertise,” added Se-chul Oh, Samsung C&T CEO.

The first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first small modular reactor in the Western World. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan.

Additionally, the U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S., at the utility’s Clinch River site in Oak Ridge, Tennessee; and Orlen Synthos Green Energy (OSGE) has selected Włocławek as the site for Poland’s first SMR. In Sweden, Vattenfall has down-selected the BWRX-300 as it evaluates the construction of new reactors adjacent to its Ringhals plant site on the Värö Peninsula.

Each BWRX-300 can 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.

Samsung C&T’s Engineering & Construction Group has more than 40 years of engineering and construction experience operating throughout the world. The group spans commercial and residential buildings, civil infrastructure and plant construction. Its landmark projects include Burj Khalifa - the world’s tallest building, the ongoing Riyadh Metro Project in Saudi Arabia, the Qurayyah 4,000MW CCPP Project, and the ongoing Qatar 2,000MW Solar Power Project.  In the nuclear energy sector, the company has successfully delivered 12GW across 10 units, including the 5.6GW Barakah Nuclear Power Plant in the UAE. It has recently undertaken the Nuclear Power Plant refurbishment project and Front-End Engineering Design (FEED) for Small Modular Reactors (SMRs), demonstrating its global competitiveness in large-scale reactor and SMR technologies, and solidifying its expertise across all areas of the nuclear industry.

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Notes to editors - image captions
Image 1
Maví Zingoni, CEO Power, GE Vernova, and Se-chul Oh, Samsung C&T CEO.

Image 2
(left to right) Jason Cooper, CEO Advanced Nuclear, GVH; Se-chul Oh, Samsung C&T CEO; Maví Zingoni, CEO Power, GE Vernova; Jung E. Kim, SVP, Nuclear Sales & Business Development, Samsung C&T.

WILMINGTON, North Carolina (October 6, 2025) – Global Nuclear Fuel (GNF, a GE Vernova-led alliance with Hitachi, Ltd.) today announced the introduction of GNF4, a next generation nuclear fuel product built on a 60-year legacy of boiling water reactor (BWR) fuel design innovation and performance.

The 11x11 GNF4 product builds upon the operating history of GNF2 and GNF3 and features two advanced components that are licensed by the U.S. Nuclear Regulatory Commission: Ziron cladding and aluminosilicate doped uranium dioxide pellets.

Ziron cladding was developed to better resist corrosion, ensuring that fuel remains safe and reliable and is an enhancement to the Zircaloy 2 cladding that has been utilized in more than 175,000 GNF fuel assemblies worldwide. Aluminosilicate doped uranium dioxide pellets add an extra layer of reliability. GNF4 will also utilize GNF’s proprietary NSF channel material and Defender+ debris filter.

“GNF4 is engineered to provide plant operators with lower fuel costs per megawatt hour through increased performance and reliability,” said Craig Ranson, Installed Base CEO, GE Vernova Hitachi Nuclear Energy. “Our engineering and supply chain teams are leveraging their BWR expertise to introduce this next generation fuel.” 

GNF4 is being fabricated at GNF’s manufacturing facility in Wilmington, NC. The first lead use assemblies of GNF4 are contracted for deployment in 2026 and full reload quantities are expected to be available in 2030.  

GNF provides a wide range of services to support nuclear power plants including expert core and fuel cycle engineering, reload licensing and core management services, predictive reports and fuel reliability risk assessments, cyber-secure core monitoring and fleet analytics, fuel examination services and consulting on reactor operations and long-term fuel storage. 

Data centers, those serried racks of servers, storage devices, and network hardware that keep the internet humming, are dominating the conversation about future energy demand.

DUBLIN, IRELAND (September 8, 2025) – Electricity Supply Board (ESB) of Ireland and GE Vernova (NYSE: GEV) have announced a major life extension and modernization project for the Dublin Bay power plant, aimed at enhancing performance, reliability, increasing output, and supporting Ireland’s energy transition goals in line with ESB’s Net Zero by 2040 carbon emissions strategy.

Under a new contractual service agreement, GE Vernova will implement its GT26 High Efficiency (HE) upgrade along with its SEMIPOL^TM technology for Static Excitation Equipment (SEE) and Startup Frequency Converter (SFC). This life extension project is expected to be completed in 2026.

Commissioned in 2002, the Dublin Bay facility currently generates up to 415 Megawatts (MW) using a single -shaft GT26 gas turbine.

The major life extension project is expected to deliver:

·       Up to 30 MW of additional power, which is the power needed to supply the equivalent of approximately approximately 30,000 Irish homes annually

·       Efficiency gains of up to 1.8% at baseload, leading to 5% carbon dioxide (CO2) reduction

·       Improved grid stability through advanced excitation and frequency conversion systems

·       Lower carbon intensity, supporting ESB’s decarbonization strategy and enabling future use of hydrogen fuel blends.

“Although Dublin Bay is already one of our most efficient plants, we saw an opportunity in having an even more important role in delivering our Net Zero carbon emissions strategy by further enhancing its performance, reliability and sustainability.” said Arkadiusz Galant, Dublin Stations Manager, ESB. “Our life extension project in 2026 will help us to deliver more power allowing us to provide electricity for Irish households over the next decade while being more efficient with lower emissions and enabling possible future hydrogen blends.”

“This project builds on our long-standing partnership with ESB,” said Joseph Anis, President and CEO of GE Vernova's Gas Power business in Europe, Middle East, and Africa “The GT26 HE upgrade and SEMIPOL™ technologies will not only increase output and efficiency but also provide the flexibility and reliability needed to support Ireland’s evolving energy landscape.”

About the GT26 HE Upgrade
Introduced in 2019 to support the utilization and competitiveness of the GT26 gas turbine, this upgrade integrates advanced technology from GE Vernova’s F and H class fleets, including additive manufactured parts and innovations in aerodynamics, materials and combustion. The performance improvement that the HE solution can deliver is attributable to technology breakthroughs across every major component of the GT26 gas turbine - turbine, compressor and combustor - that helps decrease fuel costs while increasing full-load output and extend maintenance intervals.

Located mostly in Europe, Middle East, Latin America and Asia, the GT26 gas turbine fleet of more than 100 units delivers an approximate total of 37 gigawatt of power capacity and can combust up to 40 percent of hydrogen with natural gas.

About SEMIPOL™ Static Excitation and Startup frequency converter technology
The Power Conversion & Storage business works with customers in utilities and industries that benefit from power stability solutions.  The combination of SEMIPOL™ SEE and SFC conversion systems are crucial for generator startups in gas power plants, synchronizing the generator on the grid, and managing the effects of grid power and frequency variation. This allows for smooth startups and helps to reduce mechanical stress, extend equipment life, and lower maintenance cost.  It has an installed base of over 1,000 SEE & SFC systems.

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Notes to editors

Financial Editors:  Please note this order was booked in the first quarter of 2025.

To learn more on the upgrade: https://vernova.is/4gjsCjI

About ESB
ESB was established in 1927 as a statutory body under the Electricity (Supply) Act, 1927. With a holding of 97.1%, ESB is majority owned by the Irish Government. The remaining 2.9% is held by the trustees of an Employee Share Ownership Plan. As a strong, diversified utility, ESB operates across the electricity market, from generation through transmission and distribution, to supply of customers in addition to using our networks to carry fibre for telecommunications. ESB is the leading Irish utility with a regulated asset base of approximately €14 billion (comprising ESB Networks €11bn and NIE Networks €3bn), a 25% share of generation in the all-island market and retail businesses supplying electricity and gas to almost 1.9 million customer accounts throughout the island of Ireland and Great Britain. During the year ended 31 December 2024, ESB Group employed an average of 9,600 people. 
Visit esb.ie to learn more about ESB.

In Lahore, Pakistan, there is a seven-year-old girl with an amateur interest in gas turbine maintenance. Over the past few months, Waqas Ahmad, a senior customer portfolio manager at GE Vernova, has given his curious daughter a layman’s introduction to heavy-duty turbine inspections.