Johannesburg, South Africa – October 1, 2026 – GE Vernova and PROTEC today celebrated the graduation of 27 students from Next Engineers Engineering Academy, a global college- and career-readiness programme designed to help increase opportunities for young people in engineering. The graduation ceremony, held at The University of the Witwatersrand, Johannesburg, marks the programme’s third graduating class and highlights its contribution towards bridging the science, technology, engineering and mathematics (STEM) skills gap in South Africa, exposing learners to hands-on engineering experiences and career pathways. 

The 27 learners, representing 9 high schools across Johannesburg, were joined by their families to celebrate their achievements. Many of these learners plan to pursue engineering-related qualifications at universities and technical institutions. Launched in 2022, PROTEC, University of Witwatersrand and Kutitiva Foundation are the educational partners for the local Next Engineers programme. GE Vernova engineers and employees play an active role by engaging with Engineering Academy participants through hands-on, skill-based volunteering and have donated over 3,700 hours locally since the programme began. 

“At GE Vernova, our mission is to electrify to thrive and decarbonise – and one of the ways that journey begins with is investing in people. Seeing these 27 graduates from the Next Engineers Academy in Johannesburg is proof of what happens when mentorship, hands-on experience and dedicated STEM education come together. Through our collaboration with PROTEC and the hands-on mentorship of our engineers, we aren’t just contributing towards filling a skills gap; we are empowering a diverse, homegrown workforce ready to solve Africa’s most critical energy challenges and shape the future of our industry,” said Joseph Anis, President & CEO of GE Vernova’s Gas Power business in Europe, Middle East & Africa and a member of the GE Vernova Foundation board.

The Next Engineers: Engineering Academy is a transformative learning experience designed for learners aged 15 to 18, teaching engineering concepts, providing career mentors and awarding scholarships to qualifying graduates. Through a rigorous 180+ hour curriculum, immersive design challenges and career coaching, participants learn to think and act like engineers. Beyond mentorship, the programme has supported qualifying graduates with over $156,000 in scholarships. Additionally, GE Vernova has awarded full bursaries for 20 additional graduates through the country’s External Bursary Programme. 

Next Engineers also offers the Engineering Discovery programme, for students ages 13 to 14, as an introduction to engineering that brings exploratory, hands-on activities. To date, the Next Engineers programme in Johannesburg has reached more than 4,600 learners.

“For PROTEC, this programme has never just been about engineering. It has been about opening doors, building confidence and helping young people believe in their own potential. Seeing our final Engineering Academy cohort graduate, and reflecting on five years of impact, is both a proud and emotional moment. The future is brighter because of the young people who have come through this programme,” said Balan Moodley, CEO, PROTEC.

STEM training and education, such as Next Engineers, are inspiring and preparing the next generation to solve global challenges while creating new pathways to opportunity. GE Vernova’s commitment to nurturing future STEM talent in South Africa extends beyond Next Engineers. Through its External Bursary Programme, the company has provided comprehensive bursaries totaling $8.7 million to more than 900 beneficiaries pursuing Bachelor’s degrees in Science, Commerce and Arts since 2020 to date. These bursaries help alleviate the financial burden for tertiary students, covering tuition, accommodation, textbooks and monthly stipends for the duration of their studies.

For more information about Next Engineers and the Engineering Academy, visit NextEngineers.org.

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. Learn more: GE Vernova, GE Vernova in Middle East & Africa, and LinkedIn. 

The GE Vernova Foundation supports the Next Engineers in Johannesburg, South Africa under an arrangement with the GE Aerospace Foundation.

About PROTEC 

PROTEC was established in 1982 by a group of engineers from the South African Institute of Civil Engineers to respond to the challenges facing the education system and to address representation across all socio-economic and racial groups in STEM careers.  To date, PROTEC has seen more than 40,000 learners complete the Learner Excellence Programme. Based in Randburg, PROTEC has 17 branches and projects in 6 out of the 9 provinces.  Our aim is to extend the programme to all 9 provinces.  The programme targets learners from Grade 4 to Grade 12 in specifically Science, Mathematics, and English. Teachers who teach these subjects as well as coding and robotics benefit from development and support that uses a centre-based and classroom support model.  Find us on www.protec.org.za , Facebook, LinkedIn and Instagram.

CAMBRIDGE, Mass. (September 30, 2026) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.50 per share quarterly dividend. The quarterly dividend will be payable on November 24, 2026, to shareholders of record as of October 27, 2026.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors. 

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the Company posts information from time to time.

Additional Financial Information
Additional financial information can be found on the Company’s website at www.gevernova.com/investors under Reports and Filings.

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, such as statements about possible future dividend declarations and payments. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

Tenova, a leading provider of sustainable solutions for the metals and mining industries, has been selected by Nippon Steel Corporation to supply a record-breaking Consteel^® Electric Arc Furnace (EAF) for Nippon Steel’s Yawata Area at Kyushu Works. Tenova has teamed up with GE Vernova, whose Direct Feed system will power the EAF.

For more information please visit the Tenova newsroom https://tenova.com/newsroom/press-releases/tenova-collaboration-ge-vernova-supply-worlds-largest-eaf-nippon-steels

KNOXVILLE, TN (September 29, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) today welcomed the U.S. Nuclear Regulatory Commission’s (NRC) issuance of a construction permit to the Tennessee Valley Authority (TVA) for a BWRX-300 small modular reactor at its Clinch River site in Oak Ridge, Tennessee.

The permit is the first issued in the United States for a BWRX-300 and represents a significant milestone for TVA, GVH and the U.S. nuclear industry as the country advances toward a new generation of nuclear power deployment.

“This is a milestone for TVA and GE Vernova Hitachi Nuclear Energy, and an important moment for new nuclear in the United States,” said Eric Gray, CEO of GE Vernova Power Segment.  “TVA has shown strong leadership in advancing new nuclear, a commitment bolstered by the collaborative efforts of the NRC and Department of Energy. Together, and in alignment with federal Executive Orders aimed at accelerating advanced reactors, we are grateful for this collaboration as we work to support the deployment of the first BWRX-300 in the country.”

The NRC’s decision follows an extensive review of TVA’s construction permit application and builds on significant engagement between TVA, the NRC and GVH. The process demonstrates how experience, early regulatory engagement and a mature reactor design can support a more efficient pathway for advanced nuclear projects.

The milestone also adds to growing regulatory progress for the BWRX-300 across North America. In April 2025, the Canadian Nuclear Safety Commission (CNSC) issued Ontario Power Generation (OPG) a License to Construct the first BWRX-300 at its Darlington New Nuclear Project site, where nuclear construction is now underway. In March 2026, OPG submitted its License to Operate application for the first unit, which is currently under review by the CNSC. In September 2026, Blue Energy submitted the first part of its construction permit application to the NRC for a BWRX-300 planned for its gas-plus-nuclear project in Texas.

Together, these projects are establishing a growing body of licensing experience that can be applied across future BWRX-300 deployments.

“Fleet deployment is essential to scaling nuclear energy in the United States,” said Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy. “A standard design, combined with a predictable and efficient regulatory environment, allows us to apply common technology, licensing experience, supply chain capabilities and lessons learned from one project to the next. Clinch River brings us another step closer to making that fleet model a reality.”

TVA submitted its construction permit application for Clinch River in April 2025. The project builds on TVA’s existing Early Site Permit for Clinch River and is located within the Oak Ridge nuclear ecosystem, near the U.S. Department of Energy’s Oak Ridge National Laboratory.

The BWRX-300 is a 300-MW small modular reactor designed to reduce construction complexity by using a simplified configuration and leveraging decades of boiling water reactor operating experience.

CAIRO, EGYPT - (September 23, 2026) - GE Vernova Inc. (NYSE: GEV) announced today a services agreement to provide Rotor Life Extension (RLE) solutions for five GE Vernova 9F gas turbines at the Kureimat, Nubaria, and Cairo North power plants in Egypt. The agreement is with affiliates of the Egyptian Electricity Holding Company (EEHC) - Upper Egypt Electricity Production Company (UEEPC), Middle Delta Electricity Production Company (MDEPC), and Cairo Electricity Production Company (CEPC) - and was endorsed by EEHC.

Under the agreement, GE Vernova is expected to help extend the operating life of the five gas turbines - representing a total capacity of approximately 1,250 MW - by 13 to 15 years. The relevant services will be executed between 2028 and 2035.  

The gas turbine rotor is a core component of the power plant that requires scheduled maintenance. This project supports the overall rotor lifecycle by utilizing GE Vernova’s expertise to determine the full residual life of components, aiming to ensure that they operate more efficiently and effectively.

This services agreement underscores the ongoing collaboration between GE Vernova, EEHC, and its generation company affiliates. By focusing on the long-term integrity of these important gas power assets, the initiative aims to bolster the reliability and efficiency of Egypt’s energy production.

“This agreement reflects EEHC’s continued focus on preserving the long-term performance and reliability of important generation assets across our fleet,” said Eng. Gaber El-Desouki, Chairman of the Board of Directors & CEO, Egyptian Electricity Holding Company (EEHC). “By working with GE Vernova and our generation companies, we are taking practical and proactive steps that can help protect strategic assets, support efficient and reliable power production, and contribute to Egypt’s broader electricity and energy objectives.” 

“Extending the life of these gas turbines across our generation companies is expected to support grid stability and the continued availability of dispatchable power, while helping us increase the value of existing infrastructure and avoid premature, capital-intensive replacement,” said Eng. Mahmoud Al-Naqeeb, Full-time Board Member for Electricity Production Companies Affairs. 

Egypt’s power sector is undergoing a significant transformation balancing the need to meet rapidly rising energy demand with an ambitious drive to enhance operational efficiency and integrate a growing share of renewable energy. Within this dynamic landscape, thermal power generation—primarily driven by combined-cycle gas turbines—continues to serve as the critical backbone of the nation's grid, currently accounting for approximately 80% of the country’s electricity production.

“As Egypt’s electricity needs continue to evolve, maintaining and modernizing existing gas power assets, such as those at Kureimat, Nubaria, and Cairo North, is essential to support reliability, improve fuel use, and strengthen energy system resilience,” said Joseph Anis, President & CEO, Europe, Middle East & Africa, GE Vernova’s Gas Power business. “This agreement reflects our continued commitment to working closely with EEHC, its affiliates, and other stakeholders in Egypt to support energy security through reliable and more efficient power generation. By helping extend the life of critical gas turbines, we aim to support our customers’ long-term operational priorities, optimize the value of existing infrastructure, and contribute to the continued development of Egypt’s power sector.”

The agreement builds on GE Vernova’s ongoing efforts to support the modernization and long-term performance of Egypt’s power generation fleet. In April 2026, GE Vernova announced an order from MDEPC to support modernization efforts at the Banha and Nubaria power plants, including Advanced Gas Path upgrades and multiyear services agreements. This initiative builds upon decades of cooperation with Egypt’s power sector, reinforcing GE Vernova's role in helping to meet the nation's evolving energy demands through advanced technology and lifecycle services.

For more than 50 years, GE Vernova’s businesses have supported Egypt’s electricity infrastructure through technologies and solutions, local talent development, and financing for projects across the power sector. Today, GE Vernova supports customers in Egypt across power generation, transmission, software, and services. GE Vernova’s installed base in Egypt includes more than 60 gas and steam turbines with a combined generating capacity of approximately 10 gigawatts.

NEW YORK (September 22, 2026) – SGE, GE Vernova, Hitachi and Samsung C&T have signed a Memorandum of Understanding (MoU) establishing a framework for cooperation on market development and commercial opportunities for the deployment of the BWRX-300 small modular reactor in Central and Eastern Europe and the United Kingdom.

The MoU was signed in New York during the Atlantic Council Nuclear Energy Policy Summit, held on the sidelines of the United Nations General Assembly, in the presence of U.S. Deputy Secretary of State Christopher Landau and Masayoshi Arai, Vice-Minister for International Affairs at Japan’s Ministry of Economy, Trade and Industry (METI).

The agreement is linked to the broader Memorandum of Cooperation (MOC) for SMR deployment in third countries signed on the margins of this year’s NATO summit by United States Secretary of State Marco Rubio, Japan Foreign Minister Motegi Toshimitsu, and Republic of Korea Foreign Minister Cho Hyun. The U.S. Department of State specifically identified the initiative among GE Vernova, Hitachi, Samsung C&T and SGE as a concrete industry effort to advance BWRX-300 deployment across Europe and deepen government-industry cooperation on global energy security.

Under the MoU, the companies will work together to assess market opportunities, further develop deployment strategies and pursue commercial opportunities for the BWRX-300. The cooperation brings together complementary capabilities in nuclear technology, engineering and project delivery, and regional development expertise. 

GE Vernova Hitachi Nuclear Energy (GVH), a joint venture between GE Vernova and Hitachi, is the designer and technology provider of the BWRX-300. Hitachi GE Vernova Nuclear Energy, a subsidiary of Hitachi, brings extensive nuclear technology and industrial expertise, while Samsung C&T contributes international engineering and construction capabilities, including experience in major nuclear and energy infrastructure projects. SGE is developing a fleet of BWRX-300 reactors in Europe and will continue to act as the exclusive regional lead for the BWRX-300 in much of Central and Eastern Europe.

"As European countries pivot to nuclear, we are committed to working with our close partners to help deploy Small Modular Reactors at the scale they need to deliver on their ambition," said Roger Martella, GE Vernova's Chief Corporate Officer and Chief Sustainability Officer. "GE Vernova has a long-standing history and presence across the European continent. This collaboration brings together complementary capabilities to help advance BWRX-300 deployment across multiple markets and build on the momentum already behind the technology."

"Hitachi has continued to bring long-standing experience in nuclear technology, through our partnership with GE Vernova," said Yasunori Inada, Vice President and Executive Officer, CEO of Nuclear Energy Business Unit, Hitachi. "This collaboration brings together the strengths and expertise of each partner, and Hitachi will contribute to exploring the deployment of the BWRX-300 in Europe by drawing on the technological capabilities cultivated through our nuclear business and on our collaboration with qualified Japanese suppliers. By further combining the digital technologies and innovation of the Hitachi Group, we will help realize a sustainable energy society and advance decarbonization in Europe as One Hitachi."

"Samsung C&T is working together with GVH on the deployment of the BWRX-300, and recently achieved a great outcome with Studsvik in Sweden," said Jung Wook Kim, Executive Vice President and Head of Global Business Unit and Global Operation, Samsung C&T. "Samsung C&T is honored to open a new chapter in Europe's SMR business together with GE Vernova, Hitachi and SGE. Building on Samsung C&T's proven EPC capabilities, we will fully leverage the synergy created by this four-way partnership to strengthen Europe's energy security and contribute to the realization of carbon neutrality.

“Europe and the UK need a scalable commercial model for new nuclear, built on proven technology, established supply chains and world-class delivery partners,” said Michał Sołowow, founder of SGE. “By combining GE Vernova Hitachi’s BWRX-300 technology, Hitachi’s industrial capabilities and Samsung C&T’s global construction expertise, SGE is creating a platform to deploy standardized nuclear fleets across multiple markets. We believe this can become one of the most competitive commercial solutions for Europe’s energy system — delivering reliable, clean energy 24/7, reducing execution risk, strengthening the supply chain and supporting long-term industrial growth.”

“Europe is entering a new strategic era in which energy independence, security of supply and industrial resilience are becoming core elements of national and regional security,” said Rafał Kasprów, CEO of SGE. “This agreement brings together state-of-the-art American nuclear technology from GE Vernova Hitachi, the industrial and technological capabilities of Hitachi and Samsung, and SGE’s European BWRX-300 development platform. Our objective is to establish a standardized, cross-border BWRX-300 fleet across the European Union and the United Kingdom, creating a new layer of secure, reliable and low-carbon generation capacity. By combining American technology, Japanese and Korean industrial strength, and European development capabilities and supply chains, we are building the foundations of a long-term nuclear strategic program designed to strengthen Europe’s energy security, strategic autonomy and industrial competitiveness.”

The BWRX-300 is 300 MW small modular reactor developed by GE Vernova Hitachi Nuclear Energy and Hitachi GE Vernova Nuclear Energy, built on decades of real-world boiling water reactor operating experience and innovation. Its simplified, standardized design is intended to support repeatable deployment and efficient project delivery. With the first unit already under construction in Canada, the BWRX-300 is well positioned to support Europe’s nuclear expansion by strengthening energy security and delivering reliable, carbon-free power at scale.

SGE is advancing BWRX-300 deployment across several European markets. In Poland, Decisions in Principle have been issued for 26 BWRX-300 reactors, with the current development focus on three sites with the potential to host the first 14 units. In the United Kingdom, SGE is advancing a 4.2 GW fleet of 14 BWRX-300 reactors across three multi-unit sites, with its proposal progressing to the Preliminary Regulatory Assessment Deep Dive led by Great British Energy – Nuclear. The company is also pursuing further opportunities across Central and Eastern Europe as part of its strategy to build a cross-border BWRX-300 fleet supporting European energy security, industrial resilience and the long-term supply of reliable, clean energy.

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About SGE

SGE is a European small modular reactor (SMR) development platform, established in 2019 and headquartered in Warsaw. The company is a co-investor in a standardized project based on the world’s most advanced commercially available SMR technology – the BWRX-300 reactor, developed by GE Vernova Hitachi Nuclear Energy. By combining proven technology with an innovative business model, SGE has become a leading SMR project developer in Europe. The company is currently developing partnerships and projects in over half a dozen European countries. Its flagship program is being implemented in Poland in collaboration with global energy leader ORLEN, with work underway at three sites and the first unit expected to be commissioned in 2032. In the United Kingdom, SGE is advancing a 4.2 GW fleet of fourteen BWRX-300 reactors across three multi-unit sites. The proposal has progressed to the Preliminary Regulatory Assessment Deep Dive led by Great British Energy – Nuclear, with the first site planned to host six units and initial commercial operation targeted for 2034.

About Samsung C&T

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 4,000 MW CCPP Project, and the ongoing Qatar 2,000 MW Solar Power Project. In the nuclear energy sector, the company has successfully delivered 12 GW across 10 units, including the 5.6 GW 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.

About Hitachi

Through its Social Innovation Business (SIB) that brings together IT, OT(Operational Technology) and products, Hitachi aims to be a global leader in continuously transforming social infrastructure through digital, contributing to a harmonized society where the environment, wellbeing, and economic growth are in balance.

Hitachi operates worldwide across four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – as well as a Strategic SIB Business Unit focused on new growth areas. With Lumada at its core, Hitachi creates value by combining data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2025 (ended March 31, 2026) totaled 10,586.7 billion yen, with 606 consolidated subsidiaries and approximately 290,000 employees worldwide. Visit us at www.hitachi.com.

Building reliable power in the Amazon rainforest, one of the world’s most remote locations, takes more than just erecting towers and panels. Wind and solar don’t produce electricity 24/7, so grid operators are constantly juggling to maintain a steady, stable flow of energy. Overcoming those challenges is exactly what the new Azulão I thermal power plant in Brazil was built to do.

CAMBRIDGE, Mass. (September 16, 2026) – Vineyard Wind and GE Vernova today announced that the parties have reached an amicable settlement to resolve all outstanding litigation regarding the Vineyard Wind offshore wind project. As part of this agreement, GE Vernova has withdrawn its notice of termination, and both parties have agreed to dismiss all pending legal claims.

The Vineyard Wind project is a key part of Massachusetts and New England’s plan to meet rising electricity demand. Today, all turbines are capable of producing power, providing reliable, affordable energy to more than 400,000 homes and businesses while bolstering grid stability across the Commonwealth. Beyond its energy contribution, the project is a significant economic engine, having created nearly 4,000 jobs and $1.94 billion in total economic output to date. Its environmental impact is equally substantial, cutting carbon emissions by more than 1.6 million metric tons annually—the equivalent of removing 325,000 cars from the road.

The terms of the settlement agreement are confidential.

WILMINGTON, N.C. (September 16, 2026) – Blue Energy has submitted the first part of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the first BWRX-300 small modular reactor planned for its gas-plus-nuclear project at the Port of Victoria, Texas.

The submission represents another important step toward deployment of a fleet of BWRX-300 reactors in the United States. It follows the Tennessee Valley Authority’s construction permit application for a BWRX-300 at the Clinch River site in Tennessee, where the NRC review is approaching a decision.

“Blue Energy’s progress through the NRC process is another important step toward deploying the BWRX-300 in the United States,” said Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy. “This is what fleet deployment looks like: projects advancing on common technology, licensing work and supply chain capabilities, allowing us to apply lessons from one project to the next. With Blue Energy moving forward and the first U.S. BWRX-300 construction permit approaching a decision at Clinch River, we are seeing the foundations of a BWRX-300 fleet take shape in the United States.”

Blue Energy’s proposed project in Victoria, Texas, is expected to combine GE Vernova 7HA.02 gas turbines with BWRX-300 small modular reactors as part of the company’s gas-plus-nuclear development model. Blue Energy selected the BWRX-300 earlier this year and has been working with GVH to advance engineering and licensing activities for the project.

“This filing is an important step in turning our vision for repeatable, scalable, rapidly-built new nuclear into a real project,” said Jake Jurewicz, CEO and co-founder of Blue Energy. “Our team has moved from technology selection to the NRC construction permitting process in a matter of months, and we are proud of the progress we are making with GE Vernova. We believe combining Blue Energy’s approach to project development and construction with the BWRX-300 can create a faster, more repeatable path to deploying new nuclear power in the United States.”

Blue Energy is pursuing a phased approach to its construction permit application. The company expects to submit the remaining portion of the application in 2027 after they complete the NRC-mandated one calendar year of site-specific data collection.

GVH is supporting Blue Energy with technical information and engineering work related to the BWRX-300. The companies announced a project acceleration agreement in April 2026 to advance deployment of BWRX-300 small modular reactors and GE Vernova gas turbines at the Texas project.

The Blue Energy milestone comes as BWRX-300 deployment continues to advance in North America. Ontario Power Generation is constructing the first BWRX-300 at its Darlington New Nuclear Project in Ontario, Canada, while TVA is progressing licensing and development work for a BWRX-300 at Clinch River in Tennessee.

These projects are establishing the licensing, engineering, manufacturing and supply chain foundation needed to support repeat deployment of the BWRX-300 in the United States and internationally.

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TOKYO, Japan (September 15, 2026) – GE Vernova (NYSE: GEV) announced today that its Onshore Wind business has signed an agreement* with Eurus Energy Holdings Corporation (Eurus Energy) to supply seven 4.2 MW-117m** wind turbines for the 29.4 MW Eurus Hiyamizutouge Wind Farm in Mutsu City and Higashidori Village, Aomori Prefecture, Japan. The deal includes a two-year service agreement with an option for a two-year extension.

The 4.2 MW-117m turbines are part of GE Vernova’s workhorse 4 MW platform, with over 2 million operating hours, this turbine has been specifically engineered to deliver high-output, reliable performance in Japan’s unique wind conditions. 

"We are pleased to partner once again with Eurus Energy to bring the Hiyamizutouge project to life," said Gilan Sabatier, Chief Commercial Officer of Onshore Wind, International Markets at GE Vernova. "Our 4 MW platform is well-suited to the Japanese landscape, offering the durability and efficiency required to maximize the country’s wind potential. GE Vernova technology currently powers 25% of Japan's installed wind capacity, and we remain dedicated to supporting the nation’s energy transition."

Masaru Akiyoshi, Representative Director and Executive Vice President, Eurus Energy said, “We are pleased to once again partner with GE Vernova on a renewable energy project in Japan. We are grateful to the people of Mutsu City and Higashidori Village, the administrative agencies, and all stakeholders for their support. We look forward to building this new wind farm in Aomori together and contributing to Japan’s renewable energy goals through our continued collaboration”.

This project contributes to Japan’s ambitious goal of generating 36–38% of its electricity from renewable sources by 2030. GE Vernova and Japan's Ministry of Economy, Trade and Industry (METI) launched a joint focus group on June 10, 2025, aimed at addressing challenges and opportunities and deepening collaboration in energy security and innovation.

This announcement follows a period of strong momentum for GE Vernova in Japan, where the company has secured 339 MW of orders in 2025 across a diverse customer base, including established utilities and emerging independent power producers. GE Vernova and its technologies contribute significantly to Japan’s overall electric capacity, accounting for around 50% of the country’s installed Heavy-Duty Gas Turbine power generation capacity and 25% of the country’s onshore wind capacity. 

GE Vernova's Wind segment’s portfolio reflects a deliberate workhorse strategy — standardized, industrialized machines engineered for repeatable execution and long-term reliability. With more than 59,000 turbines operating globally, its experience informs every product it designs, manufactures, and deploys.