Foundational repositories like the ArcGIS Living Atlas of the World and the NOAA’s World Weather Records serve as libraries rich with the critical data used to analyze trends and forecast possible futures by multiple industries across the world. As we head into electricity’s expansive golden age, our knowledge base requires a similar specialized collection: intelligence and fine detail on global power systems.

Tokyo, Japan – (April 17, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that the Japanese joint venture Goi United Generation (GIUG)’s Goi Thermal Power Station achieved the start of commercial operation in Chiba Prefecture, part of the Greater Tokyo Area. The joint venture comprises Japan's largest power producer by capacity JERA, ENEOS Power and regional utility Kyushu Electric Power. The plant, powered by three GE Vernova 9HA.02 gas turbines, the first of its kind installed in Japan, is expected to deliver more than 2.3 Gigawatts (GW) to the grid to help provide reliable electricity and the stable supply of electricity in Japan.

In addition to the gas turbines, for this project, GE Vernova delivered three GE Vernova Heat Recovery Steam Generators (HRSGs), with the Pressure Part Modules built in GE Vernova’s factory in Changwon, South Korea and delivered each HRSG in only three prefabricated Supermodules assembled in Tongyeong, South Korea, and then transported across the ocean to Japan. The HRSG plays an important part in a combined cycle power plant as it uses heat from the gas turbine exhaust to generate super-heated steam, which powers a steam turbine to create up to 50% more energy without any additional fuel.

The installation of advanced GE Vernova HA equipment and Toshiba's steam turbines and generators renewed the power plant initially built in the 1960s and retired in 2018, enabling an estimated 16 percent reduction of CO2 emissions compared to the old facility.

“The commissioning of this plant marks the completion of the construction of one of the largest LNG-fired power plants in Japan, with an output capacity amounting to the equivalent to the power needed by 2.2 percent of homes in Japan” said Mr. Sato of Goi United Generation CEO. “Providing safe and reliable electricity while contributing to the reduction of CO2 emissions is crucial. GE Vernova’s HA gas turbines are engineered to enable high output and efficiency and the new plant will help support Japan’s commitment to reduce carbon emissions per unit of fuel.”

GE Vernova worked with Toshiba to integrate the currently largest HRSG Supermodules in the world at the Goi plant following a very complex, and safely delivered, transport from South Korea to Japan. Each Supermodule weighs approximately 2,500 metric tons and measures between 43 to 46 m in height, almost as tall as The Arc de Triomphe in Paris or a 15-floor building. Despite space limitations and logistical challenges, GE Vernova and Toshiba jointly adapted to unique circumstances, and successfully delivered these Supermodules and completed the Goi plant.

“In Japan, GE Vernova continues to support the advancement of the country's energy goals, working alongside our long-term customers GIUG” said Ramesh Singaram, President & CEO for GE Vernova’s Gas Power Asia. “In addition, GE Vernova has a longstanding cooperation with Toshiba over 100 years, fostering numerous milestones together and the safe transport, installation and commissioning of our 9HA.02 gas turbines and our HRSG Supermodules is a great example of that. We’re proud that equipment of that size and tailored to withstand earthquakes was delivered to the Goi site safely—where it can play a crucial role supplying electricity for Japanese homes and businesses.”

With an installed base of more than 7,000 gas turbines and 1,300 HRSGs worldwide and significant technical expertise, GE Vernova delivers gas turbines and HRSG solutions that are custom engineered to help meet customers’ operating flexibility and performance requirements.

Over the last 130 years, GE Vernova has contributed towards Japan’s stable power supply by providing power generation equipment including gas turbines, steam turbines, nuclear reactors, hydro and wind turbines. GE Vernova equipment currently provides about half of Japan’s gas power capacity and supports the country’s growing renewable and nuclear energy needs. Initiatives that GE Vernova is driving together with key players in Japan include the development of more efficient and advanced gas turbines and hydrogen combustion capable equipment, and technology for ammonia combustion in collaboration with IHI.

For more information GE Vernova’s white paper: “Decarbonization pathways for Japan – challenges in the power sector from 2023-2050”

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Before being accepted to the Indian Institute of Science, Rajib Datta contemplated a career as a fine artist. “I was good at math and physics, so I knew engineering or science was probably in my future,” he says. But he felt equally adept in the field that he’d pursued since childhood. A natural draftsman and painter, Datta still executes figurative works and sketches today, and now senses a resonance between visual art and his pioneering work with GE Vernova in the field of power electronics.

LONDON (April 11, 2025) — GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), has submitted its final tender response, as part of Great British Nuclear’s (GBN) ongoing small modular reactor (SMR) selection competition.

GEH’s BWRX-300, a 10^th generation design, 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.

GEH and Ontario Power Generation (OPG) are developing the first BWRX-300 – the first SMR in the G7 – at OPG’s Darlington site near Toronto. Early site preparation work has been completed. OPG has received a license to construct the first unit from the federal nuclear regulator, the Canadian Nuclear Safety Commission, and awaits the go-ahead from the provincial government to proceed with construction.

"The Government has a unique opportunity to position the UK at the forefront of delivering the next generation of nuclear power and this submission marks a significant step forward in achieving this goal,” said Andy Champ, GEH UK Country Leader. “The BWRX-300 offers a simplified, safe, and scalable design, backed by a proven track record of advancing SMR technology internationally. Together with our strategic investment partners, we are eager to bring this expertise to the UK."

“We are pleased to submit our final proposal and are excited by the opportunity this milestone brings to the UK energy market,” said Maví Zingoni, CEO, GE Vernova's Power businesses. “Moving forward with two projects will help to establish an innovative new nuclear sector here in the UK, driving socio-economic growth up and down the country, creating jobs and unlocking greater opportunities to bolster the UK supply chain.”

GEH recently signed a series of Memorandum of Understanding (MoUs) with major UK firms Boccard and Cavendish Nuclear as well as Aecon, Amentum, AtkinsRéalis and Laing O’Rourke. These agreements build on GEH’s SMR supply chain conference held in Sheffield last year, which was attended by over 150 UK businesses.

Separately, in January 2024 GEH received a £33.6 million Future Nuclear Enabling Fund (FNEF) grant from the Department for Energy Security & Net Zero (DESNZ). In conjunction with the awarding of this grant, GEH entered the Generic Design Assessment (GDA) process for the BWRX-300.

Building on a deep history in the UK, GE Vernova has a significant local footprint with four manufacturing facilities across the country and more than 30 percent of the country’s electricity currently powered by our technology.

COPENHAGEN, DENMARK (April 9, 2025) - GE Vernova’s Wind segment announced today that it has signed agreements to supply three of its 6.0 MW-164m* workhorse wind turbines to community wind farms consulted by BBWind. BBWind is a wind farm developer based in Muenster, Germany, consulting on regional community wind projects. This is the 20^th agreement that the two companies have signed for projects being developed by BBWind.

The deals, which were booked in the first quarter of 2025, will support the two turbine 12 MW wind farm in Heiden and the 6 MW Dorsten project in the North Rhine-Westphalia region in Western Germany.

GE Vernova’s Wind segment has a strong manufacturing presence in Germany with a 70,000 square meter facility in Salzbergen that manufactures machine heads, drive trains, and hubs for the workhorse turbines it provides to customers in Germany and elsewhere in Europe and Asia.

Germany installed approximately 3.2 GW of onshore wind in 2024 and is looking to accelerate the development of onshore wind as part of its plan to get up to 80 percent of its power from renewable energy resources by 2030.

Gilan Sabatier, GE Vernova’s Chief Commercial Officer for onshore wind, international markets said, “We are pleased to have the opportunity to support BBWind in their efforts to develop community-led wind farms in communities close to our manufacturing facility in Salzbergen. Our workhorse turbines are ideally suited to meet the needs of Germany’s rapidly growing onshore wind sector and our teams in Salzbergen are ready to contribute to the country’s ambitious wind energy goals.”

Michael Schluess, CEO BBWind, said, “We are pleased by the close cooperation with our partner GE Vernova, who over the last years has a key contributor to the successful implementation of the locally owned community wind farms of our customers. Besides the 20 projects already implemented or under construction, we are looking forward to continuing our close cooperation with further projects in the coming years.”

GE Vernova's Wind segment has a total installed base of approximately 57,000 turbines and more than 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GE Vernova’s 6.0 MW turbine with a 164 meter rotor is what we refer to as the 6.0MW-164m.

CAMBRIDGE, Mass. April 8, 2025 – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend. The quarterly dividend will be payable on May 16, 2025, to shareholders of record as of April 18, 2025.

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. 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.

COPENHAGEN, DENMARK (April 8, 2025) - GE Vernova’s Wind segment announced today that it has signed an agreement to provide Forestalia with eight of its 6.1 MW-158m* workhorse wind turbines to power a 49 MW wind project in Aragón, Spain. The deal, which was booked in the first quarter of 2025, is part of a framework agreement that the two companies first announced in December of 2023 to support the development of projects in the Aragorn region of Spain.

Spain has a goal of installing 62 GW of wind in the country by 2030, part of its plan to generate over 80 percent of its electricity from renewable resources by the end of the decade.

GE Vernova has a strong presence in Spain, accounting for 5.9 GW of the country’s wind capacity, including 1.5 GW in the Aragorn region. GE Vernova’s Wind segment also has a significant manufacturing footprint, including facilities in Ponferrada and Castellon.

Gilan Sabatier, GE Vernova’s Chief Commercial Officer of onshore wind, international markets said, “We are pleased to continue executing on our framework agreement with Forestalia as they work to help meet Spain’s wind energy goals. Our workhorse turbines are well suited to wind conditions in Spain and across Europe, as customers continue to look to wind power to meet energy demand, bolster energy security, and support renewable energy goals.”

Forestalia promotes, develops and builds projects in wind energy, photovoltaics, electric generation through biomass, and pellet production. Forestalia has driven and participates in a portfolio with an operational capacity of over 2 GW, with a socially responsible vision aligned especially with the rural areas where the facilities are located.

“Forestalia has a growing portfolio in operation and construction, which will exceed an installed capacity of 1.2 GW for direct management in the coming years”, says Carlos Reyero, Forestalia’s CEO.

Among the projects promoted and developed by Forestalia for construction and operation by other operators, notable ones include parks for Repsol, Copenhagen Infrastructure Partners (CIP), Lightsource BP and Bruc Management, totaling more than 4 GW, with the majority already in operation.

GE Vernova's Wind segment has a total installed base of approximately 57,000 turbines and more than 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GE Vernova’s 6.1 MW turbine with a 158 meter rotor is what we refer to as the 6.1 MW-158m.

A high-rise Central Bank Tower under construction in Baghdad. A new port in Basra. A transborder road network that could be the next gateway between Asia and Europe. At construction sites across Iraq, cranes and backhoes are marking a new chapter in the country’s future: After a period of conflict and unrest, Iraq is moving forward to reclaim its economic potential.

CAMBRIDGE, Mass. (April 7, 2025) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its first quarter 2025 financial results on Wednesday, April 23, 2025, before market open. GE Vernova CEO Scott Strazik and GE Vernova CFO Ken Parks will discuss the company’s financial results in a webcast at 7:30 AM ET, which can be accessed at www.gevernova.com/investors/events/ge-vernova-1st-quarter-2025-earnings-webcast.

The earnings press release and supplementary financial information, including reconciliations of non-GAAP financial measures, will also be posted at the same link on the GE Vernova Investor Relations website. A replay of the call will be made available as a direct download on GE Vernova’s website at www.gevernova.com/investors/events.

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.

TOKYO, Japan (April 3, 2025) - GE Vernova’s Onshore Wind business announced today that the Abukuma wind farm has begun producing power after reaching its Commercial Operation Date (COD). The 147 MW wind farm is powered by 46 3.2 MW–103m* onshore wind turbines.

The Abukuma wind farm is part of Fukushima Fukko Furyoku, LLC, a joint venture established by a consortium of nine companies, led by Sumitomo Corporation, to develop and operate onshore wind power projects in the Abukuma area of Fukushima as part of the prefecture's reconstruction efforts. The project, under the leadership of Sumitomo Corporation, exemplifies successful international collaboration in support of Japan’s renewable energy expansion, combining GE Vernova’s advanced technology and project leader, Toshiba Corporation’s strong execution capabilities.

The Abukuma wind farm, located in the Abukuma area, is the largest onshore wind farm in Japan. It provides enough electricity to power the equivalent of 120,000 Japanese households. This project plays a pivotal role in advancing Fukushima’s reconstruction efforts following the 2011 incident, contributing to economic revitalization and energy resilience in the region.

The project supports Japan’s goal of increasing the share of the national electricity mix from renewable energy from 40% to 50% by 2040 towards positioning renewable energy as the country’s main power source, as outlined by the Ministry of Economy, Trade and Industry’s 7th National Electricity Mix. The announcement represents the fifth time that GE Vernova has announced an order or milestone in Japan since the beginning of 2024 and the wind farm is part of 1.8 GW of energy being supplied in the country by GE Vernova wind turbines.

David Hardy, Chief Commercial Officer for GE Vernova’s Wind segment, said: “We are pleased to announce the start of operation of this critically important wind farm for Japan along with our consortium members. The Abukuma wind farm is powered by technology that is developed to minimize environmental impact and cope with extreme weather conditions in Japan, reinforcing our commitment to supporting our customers in meeting Japan’s ambitious renewable energy and wind power goals.”

"We are proud to have accomplished this meaningful project together with GE Vernova in Fukushima. We believe this wind farm will contribute to the region’s economic development for years to come, generating local employment opportunities and other positive impacts. From a decarbonization perspective, we also see this project as helping Fukushima Prefecture become a leading region in the adoption of renewable energy on the global stage." said Hirano Takayuki, Representative, Fukushima Fukko Furyoku, LLC.

GE Vernova's Onshore Wind business has a total installed base of approximately 57,000 turbines, with more than 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers the next-generation, high-powered turbines at scale, driving decarbonization through high-quality, affordable, and sustainable renewable energy.

*Note to Editors: GE Vernova’s 3.2 MW turbine with a 103 meter rotor is what we refer to as the 3.2 MW–103m.