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Nuclear Power

Deployment of BWRX-300 small modular reactor in Poland takes major step forward with design development

8 min read

WASHINGTON D.C. (February 24, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) and Orlen Synthos Green Energy (OSGE) have signed an agreement to advance the Polish generic design of the BWRX-300 small modular reactor (SMR). The Poland Generic Design Agreement (PGDA) was signed during a ceremony today in Washington D.C. Participants included U.S. Deputy Secretary of Energy James Danly, Poland’s Minister of Energy Miłosz Motyka, Government Plenipotentiary for Strategic Energy Infrastructure and Deputy of Minister of Energy Wojciech Wrochna, as well as representatives from GVH, OSGE and SGE.

Following the contract signature, OSGE will invest in the development of a detailed BWRX-300 design that will serve as a reference design for SMR projects in Poland.

“This agreement sends a strong signal that the U.S. commitment to Poland’s energy security remains steadfast,” U.S. Deputy Secretary James Danly said. “The Intergovernmental Agreement with Poland anchors our civil nuclear cooperation and provides a valuable framework to foster public-private partnerships strengthened today.”

“Poland has the potential to become a European leader in Small Modular Reactor (SMR) technology,” Polish Minister of Energy Miłosz Motyka said. “A further decisive step toward that objective has just been taken. To ensure a stable, zero-emission power system and predictable market conditions for industry, we are advancing in parallel both large-scale nuclear power plants and small modular reactor technology. SMRs provide critical baseload support for energy-intensive industries, contribute to price stability for end-users, and represent a powerful growth stimulus for the Polish nuclear supply chain. In the context of steadily increasing electricity demand, the deployment of both technologies is essential.”

“This is a decision of strategic importance for Poland’s energy transition,” Polish Secretary of State at the Ministry of Energy Wojciech Wrochna said. “The generic design constitutes the cornerstone for building a standardized reactor fleet under a repeatable deployment model. Standardization translates into lower unit capital expenditures and enhanced cost competitiveness. It also creates a significant opportunity to strengthen domestic industrial capabilities and to secure meaningful participation of Polish companies in the execution of advanced nuclear technology projects.”

“This investment by OSGE is a game-changer for the future of nuclear energy in Poland,” said Jason Cooper, CEO, GVH. “Advancing the generic design of the BWRX-300 to accelerate its deployment in Poland is another example of what can be achieved with shared vision and investment.” 

“The agreement concluded today provides for the design of a nuclear power plant in accordance with Polish regulations,” said Rafał Kasprów, CEO of OSGE. “It will be applicable to the deployment of a fleet of BWRX-300 reactors across multiple locations in Poland. This project approach, which forms a core element of OSGE’s strategy, will enable significant cost reductions through design standardization and the development of a robust supply chain. As a result, it will lower the cost of electricity for the Polish power system and, ultimately, for end consumers.”

Momentum around the BWRX-300 continues to build globally. 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. 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. These developments, and others, support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

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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.

About Orlen Synthos Green Energy
ORLEN Synthos Green Energy (OSGE) was established by ORLEN S.A. and SGE. The company plays a leading role in the deployment of modular nuclear reactors in Poland, aiming to contribute to the effective decarbonisation of the power generation, heating and industrial sectors. OSGE’s mission is to build a fleet of BWRX-300 reactors designed by GE Vernova Hitachi Nuclear Energy, which will become an important part of the country’s energy mix, providing households and industry with stable zero-carbon electricity. OSGE’s project in Poland is part of a broader European fleet deployment led by SGE. For more information, visit X (Twitter) platform @ORLEN_Synthos and LinkedIn.

About SGE
SGE is a European SMR development platform founded in 2018 and based in Warsaw Poland. The company is a co-investor in the standard design for the world’s most commercially advanced SMR technology: the BWRX-300, designed by GE Vernova Hitachi Nuclear Energy. The combination of this proven technology with a disruptive business model has allowed SGE to become Europe’s leading developer of SMR projects. Currently, SGE is establishing partnerships and projects in more than a half-dozen European countries. Their flagship project is in Poland, where, in cooperation with global energy leader ORLEN, they have begun development at three separate sites and are on schedule to complete the first unit by 2032.

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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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Nuclear Power

Global Nuclear Fuel’s GENUSA awarded fuel supply contract by Vattenfall for Forsmark Plant in Sweden

4 min read

WILMINGTON, North Carolina (February 19, 2026) – Global Nuclear Fuel (GNF, a GE Vernova-led alliance with Hitachi, Ltd. and affiliate of GE Vernova Hitachi Nuclear Energy (GVH)) and ENUSA today announced the awarding of a contract to provide fuel reloads for Vattenfall’s Forsmark Nuclear Power Plant in Sweden.

The new fuel supply contract was awarded to GENUSA, which is jointly owned by GNF and ENUSA, and runs from 2028 and includes several reloads of GNF2, a high-performance fuel assembly designed to offer increased power and lower operating costs.

“With a long history supporting the nuclear industry in the Nordics, ENUSA has manufactured more than 3,500 assemblies of GNF-designed fuel for Forsmark since 1993 and we look forward to supporting Vattenfall with our efficient and reliable fuel,” said Craig Ranson, Installed Base CEO, GE Vernova Hitachi Nuclear Energy and CEO of GNF.

The GNF2 fuel for the Forsmark site will be fabricated in Spain at ENUSA’s Nuclear Fuel Manufacturing Plant in Juzbado, utilizing GNF-supplied components.

"We are honored by Vattenfall’s decision to extend this collaboration that started more than 30 years and that will strengthen our relationship,” said Mariano Moreno, President and CEO of ENUSA. “The Juzbado facility has already supplied more than 12,600 assemblies of BWR fuel to customers throughout Europe and this new contract shows the trust in the GENUSA supply of products and engineering services.”

The fuel assemblies, whose components are designed by GNF, include proven Defender™ PLUS debris filters that are designed to significantly improve the chance of stopping feedwater debris from reaching fuel assemblies.

About Global Nuclear Fuel
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 alliance 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. GNF affiliate GE Vernova Hitachi Nuclear Energy (GVH) is a world-leading provider of nuclear reactor services and advanced nuclear reactor designs and operates primarily through GE Vernova Hitachi Nuclear Energy Americas, LLC, and GE Vernova Hitachi Energy International, LLC, both headquartered in Wilmington, NC. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

About GENUSA
GNF ENUSA Nuclear Fuel S.A. (GENUSA) is a Spanish company based in Madrid, jointly owned by GNF and ENUSA to market and sell nuclear fuel and related services to the European boiling water reactor plants.

About ENUSA
ENUSA Industrias Avanzadas S.A. is a Spanish company supplying its customers the latest-generation of solutions in the nuclear fuel cycle including management and supply of enriched uranium, fuel manufacturing, related engineering and fuel services and irradiated fuel management

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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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Gas Power

Lincoln Electric System expands Terry Bundy Plant with GE Vernova gas turbines

4 min read
  • Two LM6000VELOXunits expected to add approximately 100 MW of flexible capacity by 2029

  • Strengthening grid reliability through advanced aeroderivative technology

     

  • Project builds on GE Vernova’s longstanding collaboration with electric municipalities and cooperatives to help meet growing community demand

ATLANTA, GA – (February 16, 2026) – GE Vernova Inc. (NYSE: GEV) today announced that it has secured a contract with Lincoln Electric System (LES) to supply two LM6000VELOX* aeroderivative gas turbine packages for the Terry Bundy Generating Station (TBGS) in Lincoln, Nebraska. The new units are expected to expand the plant’s current output by approximately 100 megawatts (MW), helping to meet the region’s rapidly growing electricity demand driven by population growth and expanding residential and commercial needs.

Scheduled to become operational in 2029, the expanded generating station is expected to deliver up to approximately 100 MW at ISO conditions once the new turbines are online. The LM6000VELOX technology aims to enhance both efficiency and operational flexibility, strengthening the plant’s reliability while supporting LES’s long term generation strategy.

This project builds on a long and successful collaboration between GE Vernova and Lincoln Electric System, reinforcing a shared commitment to dependable, high performance and more sustainable energy solutions for the community. The expansion supports Nebraska’s evolving energy mix, where electricity generation has historically been heavily reliant on coal (approximately 43% in 2024), alongside a strong and growing presence of wind power (around 32%).

“We trust GE Vernova because of their proven aeroderivative solutions and deep expertise we have experienced over the last twenty years, starting with the first three aeroderivative units installed at the plant,” said Jason Fortik, LES vice president of Power Supply. “These turbines give us confidence that we can expand capacity while maintaining the efficiency and reliability our customers expect.”

The highly efficient LM6000VELOX aeroderivative gas turbine provides a quick start up time in ten minutes to full power and operational flexibility with a high cyclic life which helps to stabilize the grid and reduce the risk of power supply shortages.

“This project reflects the strength of our collaboration with Lincoln Electric System and our shared focus on serving the community,” said Dave Ross, CEO of GE Vernova's Gas Power business in the America’s pole. “We are proud to help meet the Lincoln –area's growing energy demand with efficient technology that can provide reliable power for homes and businesses.”

With more than 40 million operating hours and over 1,300 units shipped worldwide, LM6000 gas turbines have more operating experience than any other aeroderivative gas turbine greater than 40 MW. The units offer greater than 99% start and operational reliability and over 98% availability.

Notes to editors

For Financial editors: this order was booked in the fourth quarter of 2025.

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind 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 85,000 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 Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Gas Power

GE Vernova completes Houston Learning Center modernization and forges education collaborations for future workforce readiness

5 min read
  • Multi‑Year investment underscores GE Vernova’s commitment to workforce readiness and supporting the energy transition

     

  • Houston Learning Center expansion and technology upgrades increase training capacity and effectiveness to support growing global demand

     

  • Collaborations with local school districts create real‑world career pathways for students 

HOUSTON – (February 12, 2026) – GE Vernova Inc. (NYSE: GEV) today unveiled new education collaborations with three Houston area school districts, and the completion of a major modernization of its Houston Learning Center (HLC), its flagship global training facility for power generation and services professionals.

The initiatives were announced in conjunction with the “Powering Progress: Honoring our legacy, building our future” event hosted at the facility and are part of GE Vernova’s broader, multi-year capital investment strategy across manufacturing, services, and innovation.

“GE Vernova is committed to helping build the workforce of the future and reflects our belief that world-class technologies require a world-class workforce,” said Steve Kessinger, Vice President of Global Services, GE Vernova’s Gas Power business. “By investing in facilities like the Houston Learning Center and expanding our training capabilities, we’re helping ensure our teams, customers, and partners are equipped to meet the growing global demand for highly skilled energy professionals to support the energy systems of today and tomorrow.”

The facility also serves as a cornerstone for GE Vernova’s Career and Technical Education (CTE) collaborations, helping introduce students and early-career talent to hands-on technical pathways in the energy sector. Serving thousands of learners annually, the HLC provides immersive training across gas turbines, steam turbines, generators, control systems and more.

The modernization of the HLC enhances GE Vernova’s ability to scale workforce training in support of its expanding global services footprint and installed base. By increasing training capacity and deploying advanced simulation and hands‑on learning environments, the Center helps accelerate technician readiness, reduces time to productivity, and supports the execution of long‑term service agreements. This scalable training infrastructure is designed to help meet growing customer demand, support services backlog growth, and reinforce GE Vernova’s ability to deliver reliable, high‑quality services across its global fleet.

GE Vernova’s HLC modernization includes:

  • an expansion of the facility, increasing its capability to train thousands of technicians, engineers, and customers annually,
  • enhanced classrooms, new simulation environments, and hands-on training bays anchored by the company’s flagship gas turbine, a 7HA.03, one of the most advanced power generation technologies in operation today.

“We’re proud to continue investing in advanced training assets and collaborations with local school districts like Deer Park, Channelview and Alief to strengthen our pipeline of talent needed to support customers today and the energy transition ahead,” added Jim Vono, One Field Services Leader, GE Vernova’s Gas Power business. “These collaborations aim to expose students to real-world industrial environments, advanced energy technologies, and career pathways in high-demand, technical fields.”

Deer Park Superintendent Tiffany Regan said, “This collaboration represents the future of Career and Technical Education. By working alongside GE Vernova, we’re creating clear, relevant pathways from school to career—pathways that culminate in meaningful employment for students upon completion of the experience.”

These workforce and training investments complement GE Vernova’s broader global capital strategy, including recent announcements to invest nearly $600 million in U.S. factories and facilities and additional investments in advanced repair capabilities and technologies.

 

 

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind 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 85,000 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 Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Steve Kessinger, Vice President of Global Services, GE Vernova’s Gas Power business, announces HLC modernization
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GE Vernova exceeds expectations with successful Coryton Power Plant modernization in the UK

5 min read
  • GE Vernova successfully completed two High Efficiency (HE) upgrades and a major outage at InterGen’s Coryton Power Plant in the UK

  • HE upgrades on two GT26 gas turbines exceeded expectations in efficiency and power output 

  • Modernization project delivered significant fuel savings, resulting in an approximate equivalent reduction of 67,500 tonnes1 of carbon emissions each year 

LONDON, United Kingdom (February 9, 2026) - GE Vernova Inc. (NYSE: GEV) today announced the successful completion of a major outage and the installation of two of its High Efficiency (HE) upgrades at InterGen’s 800-megawatt (MW) combined cycle Coryton Power Plant, located 30 miles east of London on the River Thames. – with the upgrades resulting in plant performance that surpassed expectations.

“We were impressed by the tenacity of GE Vernova’s service teams and the remarkable impact of the HE upgrades, which delivered higher-than-expected efficiency and power production,” said Daniel Fosberg, Managing Director] at InterGen. “At InterGen, we are committed to investing in the energy transition by enhancing flexible generation to ensure grid stability as renewable energy increases. We also create cutting-edge solutions to ensure reliable power supply at an affordable cost for our customers — and GE Vernova has proven to be a trusted player and technological innovator in driving these goals forward.”

GE Vernova’s HE upgrade utilizes technology breakthroughs across gas turbine, compressor and combustor. These advancements enabled Coryton Power Plant to deliver up to additional 85 MW, surpassing the expected 77 MW, and improved unit efficiency by 2.46%. The upgrades aim to also extend maintenance intervals. Furthermore, this modernization is projected to lead to a reduction of approximately 67,500 tons equivalent of carbon emissions each year, aligning with the government’s objectives to lower the national carbon footprint by requiring less fuel to produce the same amount of power.

The outage conducted at Coryton power plant included borescope inspections on two generators and steam turbines, valve inspections, and electrical testing of all components. GE Vernova’s Coryton project team, comprising over 300 experts from Project Management, Engineering, Parts, Sourcing, One Field Services (OFS), Logistics, and Manufacturing from across the globe , collaborated closely with InterGen as a unified team. The team successfully completed more than 122,000 man-hours of work with an impeccable safety record, achieving zero recordable EHS incidents in this service and upgrade project.

“This project underscores our continued commitment to keeping our customers’ gas turbine fleets competitive in the UK’s energy landscape,” said Joseph Anis, President & CEO for GE Vernova’s Gas Power business in Europe, Middle East & Africa. “The scope and nature of this project were extraordinary, demonstrating our capability to deliver high-impact, efficient solutions that not only meet but exceed our clients’ expectations. GE Vernova GT26 gas turbines are able to operate on a variety of fuels, including blends of hydrogen and natural gas, to offer InterGen pathways to reduce carbon emissions in the future.”

With this project, eleven GT26 units upgraded with the HE are already in operation in 2025.  GE Vernova has invested significantly in the development of the GT26 HE upgrade, which was introduced in 2019. This technology combines the best from both GE Vernova’s F- and H-Class fleets with additive manufactured parts and innovations in aerodynamics, material science, and combustion dynamics—and provides a leap forward in efficiency, output, and maintenance interval extensions.

1] Considering same number of kWh produced per year before/ after modernization, 6,500 operating hours per year. 

 

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind 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 85,000 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 Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Xcel Energy and GE Vernova announce strategic alliance agreement to advance the future of energy

2 min read
  • Reservation Agreement for five, GE Vernova F-class gas turbines

  • Capacity Reservation Agreement to utilize multiple gigawatts of GE Vernova wind turbines in future projects

  • Additionally, the companies are collaborating on several grid equipment opportunities that build on a critical order for grid systems, including synchronous condenser technology, in 2025.

MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova, (NYSE: GEV) today announced the signing of a landmark Strategic Alliance Agreement (SAA) aimed at strengthening their long-standing collaboration and advancing a shared vision for a reliable, affordable, and sustainable energy future.

 

GE Vernova

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind 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 85,000 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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova powers up Vietnam with commercial operation of first 9HA gas power plant in the country

6 min read
  • PetroVietnam Power Corporation (PV Power)’s Nhon Trach 3&4 marks the first HA-powered plant in Vietnam, as well as the first to be powered by liquefied natural gas (LNG)

  • The new 9HA.02 combined cycle power plant is expected to improve the reliability and stability of the energy grid to support renewables penetration

  • Nhon Trach 3&4 power plant can deliver 1.6 gigawatt (GW) of electricity to the grid, meeting the growing electricity demand in Ho Chi Minh City and Dong Nai province

DONG NAI PROVINCE, Vietnam, January 5, 2026 – GE Vernova Inc (NYSE: GEV) today announced the start of commercial operation of PetroVietnam Power Corporation (PV Power)’s Nhon Trach 3&4 1.6-gigawatt (GW) Power Plant in Ong Keo Industrial Park in the Dai Phuoc commune, approximately 70 kilometers southeast of Ho Chi Minh City, Vietnam.

Nhon Trach 3&4 power plant, built by the engineering, procurement, and construction (EPC) companies Samsung C&T and Lilama, marks the first HA-powered plant in Vietnam, as well as the first to be powered by liquefied natural gas (LNG).

According to the Adjusted PDP8, an amendment to Vietnam's National Power Development Plan VIII, LNG remains central to the flexible generation mix, with a capacity of more than 22 gigawatts (GW) projected for 2030, accounting for 9.5 - 12.3 percent of the national system.

Nhon Trach 3&4 Power Plant is expected to play a crucial role in meeting the growing electricity demand in the southern region of Vietnam and contribute to the country's sustainable development goals.

This project marks the expansion of gas-fired power generation and accelerates the transition from coal to gas. GE Vernova’s H-class leading technology fueled by highly efficient natural gas generates a lower environmental impact, with approximately 60% less carbon emissions compared to thermal plants of same electrical output powered by coal. In addition, this project can expedite the integration of renewable energy sources by improving the reliability and stability of the energy grid.

Vietnam’s energy transition requires solutions that balance capacity, efficiency, and sustainability, which is why we chose GE Vernova’s 9HA.02 gas turbines for Nhon Trach 3&4,” said a representative from PV Power. “GE Vernova’s advanced 9HA.02 gas turbine is central to our commitment to modern energy standards. It enables the plant to achieve greater than 63% combined cycle efficiency, ranking it among the world’s most efficient facilities. Additionally, the 9HA.02 meets the strictest emission regulations, offers versatile fuel-switching capabilities—operating on LNG now, supporting up to 50% hydrogen co-firing, and paving the way for 100% hydrogen use in the future—ensuring alignment with Vietnam’s net-zero goals for decades.”

For this project, GE Vernova provided two blocks of more than 800 megawatts (MW) each including: a 9HA.02 gas turbine, the company’s most efficient 50 Hz gas turbine, an STF-D650 steam turbine, a W88 generator, a Once Through Heat Recovery Steam Generator (OT HRSG) a key enabler in advanced water-steam cycles delivering higher combined cycle efficiency. In addition, GE Vernova’s integrated Mark* VIe Distributed Control System (DCS) will help PV Power improve asset visibility, reliability, and availability while reducing operation and maintenance costs.

“Renewable energy is expected to grow significantly in Vietnam while at the same time, lower-carbon and highly efficient gas power generation will play a crucial role in supporting this growth while ensuring grid stability and reliability,” said Ramesh Singaram, President & CEO of GE Vernova's Gas Power business in Asia Pacific region. “This first of its kind project is expected to bring electricity for large industrial areas in the southern region including Ho Chi Minh City and Dong Nai province while opening up a new chapter for gas power generation in Vietnam. We are proud to execute the first HA project in the country, in alignment with its national energy goals for a more sustainable national economic growth.”

GE Vernova’s equipment provides up to 30% of the Vietnam’s electricity needs, with over 1,100 employees across 13 locations from various GE Vernova businesses throughout the country. GE Vernova’s global customers are served by a global network of repair and manufacturing capabilities which include GE Vernova’s Phu My repair facility and Dung Quat HRSG manufacturing plant in Vietnam, where the Pressure Part Modules for this plant were manufactured within country.

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind 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 85,000 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 Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

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

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Nuclear Power

BWRX-300 small modular reactor reaches regulatory milestone in the UK

4 min read

WILMINGTON, North Carolina (December 11, 2025) – The GE Vernova Hitachi Nuclear Energy (GVH) BWRX-300 small modular reactor (SMR) has completed Step 2 of the Generic Design Assessment (GDA) process in the UK.

The BWRX-300 completed Step 1 of the GDA process in December 2024 and GVH has now received formal notification about completion of Step 2. The Office for Nuclear Regulation (ONR), the Environment Agency (EA) and Natural Resources Wales (NRW) utilize the GDA process to ensure that new reactor designs meet the highest standards for safety, security and environmental protection. The ONR and EA statements indicate that their Step 2 assessment has not identified any fundamental safety, security safeguard or environmental protection shortfalls with the design of the BWRX-300.

“Completing Step 2 of the GDA is a significant regulatory milestone,” said Andy Champ, GVH UK Country Leader. “This is the fastest that any technology provider has completed steps 1 and 2, truly demonstrating the value of our progress in construction in Canada and is another sign that the BWRX-300 continues to advance globally.”

As it works to deploy the BWRX-300 in Poland and Eastern Europe, Orlen Synthos Green Energy (OSGE) coinvested in the GDA for the BWRX-300 as part of the UK government’s Future Nuclear Enabling Fund project to benefit from regulatory lessons learned.

“Today we have taken another step towards supporting Britain with much needed affordable, clean and reliable energy,” said Rafał Kasprow, CEO, OSGE. “By completing GDA Step 2, the BWRX-300 continues prove it is the world’s most deployment ready SMR.”

Momentum around the BWRX-300 continues to build globally. Construction of the first BWRX-300 is underway at Ontario Power Generation’s (OPG) Darlington site near Toronto. A total of four units are planned for the site. 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. OPG, TVA, Duke Energy and Synthos Green Energy in Poland are investing in the standard design of the BWRX-300. These developments support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

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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.

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Nuclear Power

U.S. Department of Energy announces $400 million in funding to accelerate deployment of the nation’s first commercial small modular nuclear reactor

4 min read
  • GE Vernova Hitachi’s BWRX-300 small modular reactor to be located at Clinch River

WILMINGTON, North Carolina (December 2, 2025) – The U.S. Department of Energy (DOE) has announced a $400 million grant to the Tennessee Valley Authority (TVA) to continue to accelerate deployment of GE Vernova Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR). With commercial operation of the first BWRX-300 at the utility’s Clinch River Site targeted for the early 2030s, it would become the nation’s first commercial SMR.

“The BWRX-300 is the only commercial SMR technology being built right now in the Western world, and this grant will accelerate its deployment in the U.S.,” said Scott Strazik, CEO, GE Vernova. “We would like to recognize the DOE for its leadership in support of the nuclear industry and for championing public-private partnerships to advance the next generation of nuclear technology and bolster the nation’s energy security.”

TVA led a coalition of utility and industry partners, including GE Vernova Hitachi, in applying for funding through DOE’s Generation III+ SMR program. The coalition of partners involved in the funding application reflects the industry’s confidence in the BWRX-300 and the role its accelerated deployment through this grant will play in further strengthening the U.S. nuclear supply chain.

In May of this year TVA submitted a construction permit application to the U.S. Nuclear Regulatory Commission (NRC) to build the first BWRX-300 in the U.S. at the Clinch River site in Oak Ridge, Tennessee. The NRC is currently reviewing the application.

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.

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GE Vernova Hitachi's BWRX-300 SMR
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Michael Lapides

GE Vernova | Vice President of Investor Relations

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Jon Allen
GE Vernova | Communications, Nuclear Power
Ativando o Superpoder da Água
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Ativando o Superpoder da Água: a maior atualização tecnológica da Usina de Itaipu está se tornando realidade

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A energia hidrelétrica é a espinha dorsal de redes elétricas em todo o mundo, fornecendo mais de 15% da eletricidade global e atuando de forma essencial para viabilizar o uso de outras fontes renováveis, como a eólica e a solar. Ela desempenha um papel fundamental em países como o Brasil, onde a geração hidrelétrica representa aproximadamente 60% da matriz elétrica.

 

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