GREENVILLE, SC (January 29, 2025) – With global energy needs forecasted to double, GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, announced plans today to invest more than $160 million and hire more than 650 new employees at its Greenville facility.

The substantial investments – the largest since the company’s spinoff in April – will help meet soaring customer demand, strengthen domestic supply chains, and continue developing cutting-edge American technology that helps power the world. The investments will also help enable U.S. energy affordability, security, resilience, and competitiveness while enabling the American manufacturing footprint to support global exports.

“These investments will have a significant impact on the Upstate today and for years to come,” said Shane Long, Supply Chain Leader, GE Vernova’s Gas Power business. “Beyond the immediate jobs additions and capacity expansion, this investment will allow Greenville to maintain and strengthen its position as the world’s center of gas turbine manufacturing.”

The investments in Greenville are part of a larger nearly $600 million planned investment across the U.S. the company announced earlier today and are the first part of a larger $9 billion cumulative global capital and R&D investment plan through 2028 across the company’s facilities in the U.S.

Currently GE Vernova has more than 2,500 workers in the state. This includes manufacturing, engineering and many other specialties. The factory has produced gas turbines for markets across the U.S. and globally since 1968.

Last year, Scott Strazik, CEO of GE Vernova, announced plans to increase global capacity of heavy duty gas turbines more than 25% to meet robust demand. Today’s announcement is in addition to the $35 million the company invested in the facility last year.

For those interested in pursuing opportunities with GE Vernova in the Greenville area, we have developed a Web site with information on the application process: https://careers.gevernova.com/greenville.

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About GE Vernova
GE Vernova is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova’s website and LinkedIn.

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

Engine no. 1, Chevron and GE Vernova to power U.S. data centers

A familiar sound of modern life is the mobile phone’s tap-tap-tap as we pound out searches for the nearest drugstore or the fastest way home. But search, which has historically been free to use and cheap to provide, is about to get more power hungry. That’s because a single AI-driven query triggers ten times as much needed electricity as traditional search, according to researchers at Goldman Sachs.

CAMBRIDGE, Ontario (January 27, 2025) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), today announced that it has awarded a contract to BWX Technologies, Inc. (BWXT) to manufacture the reactor pressure vessel (RPV) for the first BWRX-300 small modular reactor to be constructed at Ontario Power Generation’s Darlington New Nuclear Project site.

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

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

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

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

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About GE Vernova
GE Vernova (NYSE: GEV) is purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

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

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

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

CAMBRIDGE, Ontario (27 janvier 2025) - Le secteur de l’énergie nucléaire de GE Vernova, GE Hitachi Nuclear Energy (GEH), a annoncé aujourd’hui qu’il attribuait un contrat à BWX Technologies, Inc. (BWXT) afin de fabriquer la cuve de réacteur sous pression du premier petit réacteur modulaire BWRX-300 à être construit au site du projet de nouvelle centrale nucléaire de Darlington d’Ontario Power Generation.

La cuve de réacteur sous pression est le plus grand composant du BWRX-300. GEH a déjà attribué un contrat à BWXT pour l’analyse technique, l’assistance à la conception et la préparation de la fabrication et de l’approvisionnement liés à la cuve de réacteur sous pression. BWXT a été la première entreprise à se joindre au groupe de fournisseurs qualifiés du BWRX-300 de GEH.

« Le contrat de fabrication de la cuve de réacteur sous pression pour le premier BWRX-300 constitue une autre étape clé dans le déploiement de cette technologie », a affirmé Lisa McBride, responsable pays pour le Canada, GEH. « Nous sommes ravis de collaborer avec BWXT pour faire avancer ce projet, tout en apportant des avantages aux travailleurs du secteur manufacturier en Ontario. »

Les premiers travaux de préparation du site à Darlington sont terminés. La construction de la première unité devrait débuter plus tard cette année, sous réserve de l’obtention des autorisations réglementaires, et les opérations commerciales devraient commencer d’ici la fin de 2029. Au total, quatre unités sont prévues pour le site. La collaboration entre OPG et GEH est synonyme de synergie énergétique, fusionnant l’héritage fructueux d’OPG dans le domaine des opérations nucléaires et l’expérience de GEH dans la technologie des réacteurs à eau bouillante afin de mener à bien une initiative énergétique majeure en Ontario.

Le BWRX-300, un modèle de 10^e génération, est un pilier essentiel du leadership énergétique de GE Vernova. En plus d’aider les clients à produire de l’électricité fiable, le BWRX-300 est conçu pour réduire les coûts de construction et d’exploitation grâce à une combinaison unique de combustible nucléaire certifié existant, de simplifications de la centrale, de composants éprouvés et d’une conception basée sur un réacteur certifié par la Commission de réglementation de l’énergie nucléaire. De plus, le BWRX-300 s’appuie sur des décennies d’expérience pratique et d’innovation dans le domaine des réacteurs à eau bouillante, en utilisant une conception standard, un modèle de livraison éprouvé et l’expérience de GEH en matière de collaboration réglementaire transfrontalière.

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À propos de GE Vernova
GE Vernova (NYSE: GEV) est une société énergétique mondiale spécialisée qui englobe les secteurs de l’énergie, de l’éolien et de l’électrification et qui est soutenue par ses activités d’accélérateur. S’appuyant sur plus de 130 années d’expérience de la résolution de défis mondiaux, GE Vernova est particulièrement bien placée pour aider à piloter la transition énergétique en continuant à électrifier le monde tout en travaillant simultanément à sa décarbonation. GE Vernova aide les clients à dynamiser les économies et à fournir de l’électricité essentielle à la santé, à la sûreté, à la sécurité et à l’amélioration de la qualité de vie. Le siège social de GE Vernova est situé à Cambridge (Massachusetts) aux États-Unis et l’entreprise compte environ 75 000 employés répartis dans une centaine de pays à travers le monde. Appuyée par la finalité de l’entreprise, L’énergie pour transformer le monde, la technologie de GE Vernova aide à offrir un avenir énergétique plus abordable, plus fiable, plus durable et plus sûr.

Le secteur de l’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 de réacteurs nucléaires d’avant-garde. Les technologies comprennent les réacteurs à eau bouillante et les petits réacteurs modulaires, tels que le BWRX-300, qui est l’un des modèles de réacteurs à eau bouillante les plus simples, mais aussi les plus innovants. Le secteur du 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 avec Hitachi, Ltd. et exploite ses activités principalement par le biais de Global Nuclear Fuel-Americas, LLC à Wilmington (Caroline du Nord) et de Global Nuclear Fuel-Japan Co., Ltd. à Kurihama, au Japon.

La mission de GE Vernova est inscrite dans son nom : elle conserve son héritage, « GE », comme un gage durable et durement acquis de qualité et d’ingéniosité. Les signaux « Ver » / « verde » symbolisent les écosystèmes verdoyants et luxuriants de la Terre. « Nova », du latin « novus », fait référence à une nouvelle ère innovante d’énergie à faible teneur en carbone. Renseignements complémentaires : GE Vernova et LinkedIn.

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.

WILMINGTON, NC (January 17, 2025) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), today announced that it is part of a coalition of utility companies and supply chain partners that are collaborating to accelerate the deployment of the BWRX-300 small modular reactor (SMR) in the U.S.

Led by Tennessee Valley Authority (TVA), the coalition, which has submitted an application for $800 million in funding from the U.S. Department of Energy’s Generation III+ SMR program, includes Bechtel, BWX Technologies (BWXT), Duke Energy, Electric Power Research Institute (EPRI), GEH, Indiana Michigan Power – an AEP company, Oak Ridge Associated Universities, Sargent & Lundy, Scot Forge, other utilities and advanced nuclear project developers and the State of Tennessee.

“Nuclear power has a key role to play in reaching a cleaner and more secure energy future,” said Scott Strazik, CEO, GE Vernova. “Funding from this grant would play a critical role in the path forward, and we look forward to working with TVA and this strong team of utility and supply chain partners to accelerate the roll-out of small modular reactors in the United States.”

TVA has selected the BWRX-300 SMR for potential deployment at the Clinch River Site near Oak Ridge, Tennessee. If awarded DOE funding, TVA plans to accelerate construction of the first SMR at the site by two years with commercial operation planned for 2033.

“Nuclear is the most reliable and efficient energy the world has ever known,” said Jeff Lyash, TVA President and CEO. “It is the energy that will have a strong American-based supply chain and power the global economy.”

GEH also announced today that Duke Energy has entered into an agreement to invest in activities to advance the standard design and licensing of the BWRX-300 SMR technology and that American Electric Power (AEP) has selected the BWRX-300 for potential deployment at the Indiana Michigan Power Rockport Plant in Spencer County, Indiana, pending approval of the DOE funding request.

“On the heels of the significant progress that is occurring with the deployment of the first BWRX-300 at Ontario Power Generation’s Darlington site, these announcements signify the growing confidence the industry has in our SMR technology,” said Maví Zingoni, CEO, GE Vernova’s Power businesses.

Momentum continues to build around the global deployment of the BWRX-300. In March 2023, it was announced that Ontario Power Generation (OPG), TVA and Synthos Green Energy were joining GEH in a technical collaboration agreement through which contributors are funding a portion of the costs to design the BWRX-300, with the purpose of ensuring that the design is deployable in many jurisdictions.

OPG’s collaboration with GEH signifies a power synergy, merging OPG’s successful legacy in nuclear operations with GEH’s experience in boiling water reactor technology to drive a major energy initiative in Ontario, to deploy the first BWRX-300 at OPG’s Darlington site near Toronto. Early site preparation work has been completed with construction of the first unit expected to start later this year and commercial operations expected to commence by the end of 2029. A total of four units are planned for the site.

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

###

About GE Vernova
GE Vernova (NYSE: GEV) is purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

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

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

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about memoranda of understanding and the expected impact of the relationships created thereunder, contract and project proposals, bidding processes, government review processes and competitions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

Invisible but vital, oxygen flows through water like a lifeline, sustaining aquatic life from the tiniest plankton to the largest fish and maintaining the delicate balance of ecosystems. However, this critical resource is not guaranteed. Oxygen levels in water can decline because of such factors as warming temperatures, increased salinity, stagnation, excess minerals like iron, and agricultural or industrial exploitation.

Greenville, SC (January 15, 2025) – GE Vernova Inc. (NYSE: GEV) announced today the completion of the validation test campaign for its advanced Dry Low NOx (DLN) hydrogen combustion technology for B- and E-class gas turbines. The test campaign conducted at GE Vernova’s Global Technology Center in Greenville, South Carolina, demonstrated successful operation on natural gas and hydrogen blends and on 100% hydrogen with dry emissions below 25ppm NOx. GE Vernova currently plans to make the new DLN system available for new and existing B- and E- gas turbines as early as 2026.

GE Vernova is a world leader in gas turbine fuel flexibility, including over 120 gas turbines that have the capacity to operate or are currently operating on fuels that contain hydrogen, producing more than 530 Terawatt-hours of electricity over 8.5 million hours. This technology milestone announcement underscores GE Vernova’s continuous commitment to reduce the carbon emissions of its gas turbine generation fleet.

“We are proud to celebrate this technological advancement aiming to enable the decarbonization of our B- and E-Class fleet across the world,” said Jeremee Wetherby, Carbon Solutions leader, GE Vernova. “Developing a DLN combustion system able to burn 100% hydrogen safely and reliably is an engineering challenge. One of the ways hydrogen fuel differs from natural gas is that it burns much faster. Its flame speed is roughly eight times higher and presents risk of flashback. Through the test campaign, the GE Vernova team demonstrated very robust operation for the new DLN technology, without flash- back across a range of loads and fuel from pure natural gas to 100% hydrogen.”

Combustion dynamics or noise can be a challenge as well with hydrogen operation. The prototype performed very well in that category with relatively low levels even when operating on pure hydrogen. Test results also indicate that the technology can deliver higher availability and longer maintenance intervals comparable to current DLN combustors operating on natural gas. This is of particular importance for industrial customers who depend on gas turbines to power their operations reliably.

A new micromixer-based fuel air pre-mixer is foundational to the prototype combustor capability. GE Vernova’s research on micromixer technology started in 2005 as part of collaboration with the US Department of Energy. Micromixer-based fuel premixers have been part of the product portfolio for over 7 years notably on GE Vernova’s H Class gas turbine fleet. Recent research conducted at GE Vernova’s Advanced Research Center in NY and at the Global Technology Center in Greenville, SC focused on improving micromixer and axial fuel staging for hydrogen capability. This research culminated with the construction of a full size 6B DLN combustor prototype and testing in full scale conditions (pressure, flow, temperature) in the combustion test facility in Greenville, SC.

GE Vernova’s industrial gas turbines (B- and E-Class) are highly robust fleets, with an installed base of approximately 2800 units around the world powering industrial processes and operations around the clock. Hydrogen combustor options already exist today with ratings up to 100% hydrogen, however existing combustors use a diluent like water to manage emissions. The new H₂ DLN combustor technology is expected to present several benefits versus the existing systems:

• Eliminated use of water or other diluent
• Increased efficiency: 4 to 7% improvement in combined cycle heat rate
• Improved availability and longer maintenance intervals
• Reduced NOx emissions

“Through successful tests GE Vernova validated this new 100% hydrogen capable combustion technology, aiming to provide our B- and E-class industrial gas turbines owners with the maximum flexible operability range on natural gas, hydrogen or blends of both without the use of diluent like water for emissions abatement,” concluded Jeremee Wetherby.

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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.

Shenzhen, Guangdong Province, China (January 9, 2025) - GE Vernova Inc. (NYSE:GEV) and Harbin Electric today announced that Chinese state-owned power utility Shenzhen Energy Group Corporation Co., Ltd.‘s Guangming power plant has achieved the start of operation in Shenzhen Guangming, a district of Guangdong province in China. Powered by three GE Vernova 9HA.01 gas turbines, Guangming plant is expected to deliver up to 2 gigawatts (GW) of electricity to the most populous province in the country, with a population of approximately 127 million.

China aims to achieve a carbon emissions peak by 2030 and achieve carbon neutrality by 2060. Driven by these goals, the country is committed to reduce coal’s share of its energy mix and expedite the building of highly efficient gas-powered combined cycle plants, like Guangming power plant. This project is also aligned to local government policy reform in the Greater Bay Area focused on the coal-to-gas energy transition.

GE Vernova has collaborated with Shenzhen Energy Group for two decades, and both are committed to addressing the growing electricity needs while building a lower-carbon, more efficient and safer energy system in Guangdong. GE Vernova H-Class gas turbines not only have the ability to generate significant electrical output in a flexible and efficient way, but also help to ensure reliability of supply. This is crucial for the population of Guangdong province.

“Natural gas-fired generators have the lowest CO2 emissions of all fossil power generation fuels—and are ideal for countries like China where the need to transition from coal at scale while retaining reliability of supply is paramount,” said Xu Xin, President of GE Vernova Gas Power China Services. “We are excited to work together with Harbin Electric and bring our advanced HA technology, which offers among the lowest carbon emissions per amount of fossil fuel in the industry, to give power plant operators, like Shenzen Energy Group, the ability to use fossil fuels more efficiently and lower carbon emissions compared to older coal power plants.”

To further advance on the path towards decarbonization utilizing gas power, GE Vernova 9HA.01 gas turbine has the capability to burn up to 50% by volume of hydrogen when blended with natural gas—offering a pathway for even lower carbon emitting operations.

For this project, Harbin Electric provided steam turbines and generators, and the gas turbines were provided by the Joint Venture called General Harbin Electric Gas Turbine (Qinhuangdao) Co., Ltd (“Joint Venture”), which was formed in 2019 between GE Vernova and Harbin Electric as a joint effort to focus on heavy duty gas turbine localization, aiming to deliver more efficient and reliable support for China natural gas power plants.

Operating in China for over 40 years, GE Vernova has been delivering innovative products and services that create significant value for its gas power generation customers, helping power plant operators to tackle the energy transition challenge. GE Vernova Gas Power serves more than 110 customers and more than 240 gas turbines in China, with an installed power capacity of 50 gigawatts (GW). To date, GE Vernova has secured six HA projects with 13 9HA gas turbines in China, delivering a total capacity of nearly 10 GW.

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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.

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.

GE Vernova and Harbin Electric
GE Vernova’s Gas Power has continuously deepened its cooperation with its local partner, establishing a strategic partnership with Harbin Electric. The two companies established Qinhuangdao Energy Service Center in 2004, focusing on the maintenance and services of heavy-duty gas turbines hot gas path components. From 2017, GE Vernova entered this strategic partnership to build a gas turbine manufacturing joint venture in Qinhuangdao. GE Vernova has long operated with a commitment to a comprehensive localization structure that effectively increases its responsiveness to customer needs and reduces the cost of new units and services.

Singapore has always been synonymous with progress. Upon becoming independent in 1965, the Asian island nation adopted “Majulah Singapura,” the Malay for “Onward Singapore,” as its motto and national anthem.