A decade ago, disruptive change came to power grids. Aging coal plants in Europe and the U.S., some in operation since World War II, began to retire. Saddled with high maintenance costs, coal plants were shuttered throughout the developed world. In their place rose new fleets of wind turbines, dotting the American plains from Texas to Iowa. In Europe, wind power blossomed onshore but also extended its reach offshore, thriving in the Continent’s notoriously stormy seas.

CAMBRIDGE, Mass. (March 4, 2025) – GE Vernova Inc. (NYSE: GEV) and Amazon Web Services, Inc (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the signing of a strategic framework agreement (SFA) aimed at supporting AWS’s data center scaling, and collaborating to address increasing global energy demand, advance grid security and reliability, and decarbonize electric power systems.

Through this collaboration, GE Vernova will provide AWS with new offerings across a broad scope of solutions to electrify and decarbonize data centers across North America, Europe, and Asia, including:

• Electrification Systems: GE Vernova will continue to provide AWS with turnkey substation solutions to enable connectivity of AWS data centers to the grid, including expansion of major electrical equipment, project management, and construction support, across multiple sites globally. AWS and GE Vernova engineering teams will continue to work together to optimize data center substation design and delivery.
• Renewables: GE Vernova will collaborate with AWS to enhance the path for commercializing onshore wind development projects.
• Power Generation, Innovation and Services: GE Vernova and AWS will also explore additional opportunities for GE Vernova to provide power generation equipment and services to AWS as well as work with GE Vernova’s accelerator businesses – Advanced Research, Consulting Services, and Financial Services – to advance energy transition innovation, research, project development, and financing.

Pablo Koziner, Chief Commercial Officer, GE Vernova said, “We are excited to work in collaboration with AWS as they advance their computing capabilities and data center capacity. We believe that GE Vernova is well positioned through its broad portfolio of energy products and services to help AWS obtain reliable, cost effective, and more sustainable electricity for its data centers in support of their growth objectives. We appreciate the opportunity to work strategically with a company that embraces innovative solutions and values strong collaboration.”

Under this new collaboration, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI. AWS’s cutting-edge capabilities will support GE Vernova’s continued transformation as a standalone, public company as it enhances its systems and processes and further embeds sustainability and innovation into its core operations. The extended collaboration will introduce new potential technologies and cloud services, including AWS High Performance Computing (HPC). The collaboration will also help GE Vernova accelerate development cycles and optimize operations for advanced digital technology solutions through large computational power and cloud elasticity. AWS and GE Vernova will further work together to identify opportunities to accelerate GE Vernova’s operational goals, leveraging AWS technologies in artificial intelligence, big data, and data analytics.

Additionally, AWS will continue to collaborate with GE Vernova’s Electrification Software business to help support AWS Cloud deployments of software for the electric grid, power generation, and manufacturing industries.

“Through this expanded collaboration with GE Vernova, we’ll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations,” said Howard Gefen, general manager, energy & utilities, AWS. “Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.”

GE Vernova previously announced agreements to collaborate with AWS to help support cloud deployments of software to benefit electric utilities, energy organizations, manufacturers, and other industrial businesses. Through these collaboration arrangements, several of GE Vernova’s software solutions—including various applications within its GridOS® orchestration software portfolio, as well as Asset Performance Management—are hosted in the AWS Cloud.

Financial terms of this agreement are not disclosed.

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About GE Vernova
GE Vernova Inc. (NYSE: GEV) 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 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 and LinkedIn.

About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Forward Looking Statements
Except for the historical and factual information contained herein, the matters set forth in this press release, including statements related to the benefits of the parties’ collaboration, the parties’ business outlook and potential future operations or transactions, and that may be identified by words such as “will,” “believes,” “expects,” “plans” and similar expressions, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including the risks that the parties’ anticipated benefits from their agreement and continued collaboration may take longer to be realized or be less than currently anticipated, that the benefits of AI and other emerging technologies may take longer to be realized or be less than currently anticipated, or that certain of the parties’ plans for future changes may be more difficult or time consuming to implement than currently expected. Many of these risks, uncertainties and assumptions are beyond the parties’ control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date made. Unless legally required, neither party undertakes any obligation and expressly disclaims any such obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

In Türkiye, demand for electricity is surging. With a growing — and urbanizing — population, the country ranks 15th in the world in annual energy production, outpacing several nations with much larger populations.

The wild Baltic Sea has produced its share of historic storms, and in the fall of 2023 it unleashed another titanic surge that pounded Germany’s north coast, causing 200 million euros’ worth of damage. But heavy weather is not enough to deter Germany in its quest to secure low-carbon energy; indeed, the same forces that drove that storm of the century in 2023 can be harnessed to produce electricity.

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.

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.

CAMBRIDGE, Mass. (November 20, 2024) - GE Vernova Inc. (NYSE: GEV) today announced that One Grid Operation AS has purchased its GridOS® orchestration software to help deliver more secure, reliable, and sustainable electricity to customers. One Grid Operation is owned by two of Norway’s distribution system operators, Tensio AS and Linea AS.

GridOS is the first software portfolio designed specifically for grid orchestration. It’s comprised of a platform and suite of applications enabling secure, reliable grid orchestration while also delivering the resiliency and flexibility utilities need to modernize and transform to a sustainable energy grid. By selecting GridOS, One Grid Operation will have a modern solution with several key components:

• A built-in Zero Trust security model to help protect resources from inside and outside threats.
• The first grid-specific data fabric enabling operators to integrate traditionally siloed data across operational technology (OT), information technology (IT), and external sources (e.g. weather). This provides the foundation for utilities to use artificial intelligence and machine learning (AI/ML) to automate grid operations, which is likely to prove crucial to adopting renewables at scale. GridOS Data Fabric builds on GE Vernova’s acquisition of Greenbird Integration Technology AS in 2023.
• Composable, intelligent grid applications. One Grid Operation plans to implement GE Vernova’s Advanced Distribution Management System (ADMS) for secure management of the distribution grid and Distributed Energy Resource Management System (DERMS) for managing a broad array of distributed energy resources (DERs), such as wind power, battery storage, electric vehicles, and more.

One Grid Operation plans to implement GE Vernova’s GridOS orchestration software over the next three years. The company has chosen to utilize a hybrid cloud strategy, with ADMS deployed on-premise and the other GridOS applications running in the Amazon Web Services (AWS) Cloud. This strategy helps to enable One Grid Operation to meet energy demands with greater speed and agility by unlocking data, increasing visibility, and accelerating decision-making. Once the implementation is complete, the company will deliver grid control room services to owners Tensio and Linea. “This is a big and important milestone for us,” said Anna Nysetvold, CEO of One Grid Operation. “I look forward to embarking on this journey with Tensio and Linea’s skilled teams and in close collaboration with GE Vernova.”

Tensio and Linea formed One Grid Operation to achieve the highest standard of excellence when it comes to supplying electricity in Norway. Tensio is the country’s third largest power grid company and operates the regional and distribution network in the central county of Trøndelag. Linea is responsible for delivering power to over 46,700 customers in Helgeland in Northern Norway.

“The energy landscape is getting more complex by the day. Demand for electricity is at an all-time high, extreme weather events are becoming more common, and renewable but intermittent energy sources are on the rise. To deal with these types of change drivers while continuing to deliver on the efficiency and security of our supply, we clearly see the need to significantly strengthen ourselves on the technology side,” Audhild Kvam, CEO of Tensio, and Steinar Benum, CEO of Linea, noted in a joint statement. “After a lengthy market assessment, we’re pleased to announce we’ve selected GE Vernova to support us in enabling smarter, better, more efficient management of our electricity supply and operations in the years to come.”

Mahesh Sudhakaran, General Manager of GE Vernova’s Grid Software business, stated, “GE Vernova is delivering a new era of energy, and a key tenant of how we’re doing that is with our GridOS orchestration software. We’re proud to be the technology partner of choice for One Grid Operation. Our data integration team in Oslo and global power system experts look forward to advancing capabilities that’ll help Tensio and Linea deliver more secure, reliable, and sustainable electricity to their customers.”

GE Vernova’s software helps manage some of the most progressive power grids in the world. For more information, click here.

The term “energy transition” might conjure up an image of steady technological change, with grids gradually replacing carbon-emitting fossil fuel plants with more sustainable renewables. But this narrative of a straight swap only tells half of the story. The other part of the energy transition phenomenon is the expansion of energy demand, on a massive scale.

CAMBRIDGE, Mass. (November 7, 2024) -- GE Vernova Inc. (NYSE: GEV) today announced it has signed an expanded multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) that includes its Asset Performance Management (APM) and CERius™ software delivered in the AWS Cloud. The SCA is designed to make it easier for energy companies to adopt software that has the potential to reshape how they manage their asset and emissions data as they address the energy transition.

“As the energy landscape continues to dynamically transform, the power of flexible cloud-based software is increasingly important,” said Scott Reese, CEO of GE Vernova’s Electrification Software business. “The expansion of our strategic agreement with AWS represents our commitment to providing digital solutions that can help energy organizations increase reliability, lower costs, and make measurable progress on energy transition goals.” GE Vernova previously announced SCAs with AWS to benefit electric utilities, manufacturers, and other industrial companies.

GE Vernova customers are already experiencing benefits of the expanded SCA with AWS. One example is global energy company AES. “GE Vernova’s APM as a software as a service (SaaS) solution has been very important for AES. Its advanced predictive analytics, real-time monitoring, and user-friendly interface have significantly improved our operational efficiency and asset reliability,” said Michelle Legge, Sr. Reliability Engineer and GE APM Program Manager at AES. “The flexibility and scalability of the SaaS model ensures that we can easily adapt to our evolving needs while maintaining optimal performance. With GE Vernova’s APM, we have achieved greater visibility into our assets, enabling more informed decision-making and proactive maintenance strategies. This relationship has been instrumental in driving our mission of delivering sustainable, reliable, and innovative energy solutions.”

The expanded SCA is designed to enable energy companies to:

• Scale with flexibility using solutions that evolve with organizations. GE Vernova’s APM is a suite of software and services designed to help optimize asset performance and operations and maintenance (O&M) efficiency across equipment, the plant, and the entire fleet. The solution offers a modular approach and comprehensive integrations to help companies scale their operations more seamlessly and efficiently. A combination of artificial intelligence (AI) and machine learning (ML) helps enable organizations to more effectively manage and action their asset data.
• Operationalize decarbonization strategy. CERius is GE Vernova’s emissions data management software. The solution is designed to automate the process of accurately collecting greenhouse gas (GHG) emissions data, provide valuable insights, and identify opportunities for reducing carbon emissions.
• Onboard and integrate more sustainable energy faster. Pre-built workflows, AI/ML programming, real-time data, and predictive analytics can empower faster decision-making. This is essential to speeding up the integration of renewable assets on the journey to a more sustainable energy future.
• Leverage extensive industry expertise. Built on over 130 years of experience, GE Vernova is uniquely positioned to change the arc of climate change. The company’s software solutions are purpose-built with original equipment manufacturer (OEM) expertise, making it easy to apply them to new asset types as today’s energy landscape evolves. In addition to working with AWS, leveraging its advanced and secure cloud services and industry expertise, GE Vernova employs expert guidance backed by strong experience across information and operational technology (IT and OT).
• Modernize and maximize investments with cloud-based optimization. With an end-to-end solution that facilitates continuous and progressive improvement, companies should have the power to optimize for lower expenses and higher return on investments.

“As the industry faces the challenges of network efficiency and decarbonization, our collaboration with GE Vernova provides a unique opportunity to reshape asset performance and emissions management,” said Scott Sanderson, Director of Business Development, Energy and Utilities at AWS. “Together, we’re enabling customers to accelerate innovation, reduce their carbon footprint, and sustain financial performance.”

GE Vernova was recently named a Leader for the third straight time by independent industry analyst firm Verdantix in its Green Quadrant: APM Solutions 2024 report. More information on the company’s APM can be found here.

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About GE Vernova
GE Vernova Inc. (NYSE: GEV) 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 more than 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. Learn more: GE Vernova and LinkedIn. GE Vernova’s Electrification Software business is focused on delivering the intelligent applications and insights needed to accelerate electrification and decarbonization across the entire energy ecosystem – from how it’s created, how it’s orchestrated, to how it’s consumed. Its Power & Energy Resources Software helps improve reliability and drive decarbonization.

Forward-Looking Statements
This article contains forward-looking statements, which provide current expectations based on certain assumptions. Except as required by law, we disclaim any obligation to update these statements.

Berlin, Germany (November 6, 2024) – GE Vernova Inc. (NYSE: GEV) today announced the expansion of its Electrification facility in Berlin with the opening of a High Voltage Direct Current (HVDC) Competence Center. The center will develop leading edge technology to speed the energy transition by improving grid stability and integrating more renewable energy across Germany and Europe while also supporting HVDC projects worldwide.

HVDC systems are essential for achieving both electrification and decarbonization goals. The HVDC center will develop and test technology to enable the efficient transmission of bulk power over long distances or from offshore submarine links, simplify the integration of renewable energy into power grids, and connect multiple HVDC transmission links.

The addition of the HVDC Competence Center positions the Berlin facility as a key hub for GE Vernova’s Electrification Systems businesses in Europe, expanding GE Vernova’s capacity to support regional and global growth in Grid Solutions, Power Conversion, and Solar and Storage and helping to deliver the growing Electrification backlog.

“The world’s future is electric, and electrification is essential for achieving a net zero emissions future,” said Philippe Piron, CEO of Electrification Systems at GE Vernova. “The expansion of our Berlin center is a significant step towards advancing reliable, affordable, and decarbonized energy and supporting the rapid growth of GE Vernova’s Electrification segment. As a key Electrification hub for GE Vernova in Europe, the Berlin site will drive innovation in grid solutions, power conversion, and renewable energy integration. This investment reinforces our commitment to modernizing energy systems, supporting Germany's energy transition, and leading the electrification and decarbonization of the global energy ecosystem.”

Supporting Germany’s Energy Transition

Operating in Germany for more than 100 years, GE Vernova is dedicated to driving the country’s net zero efforts through advanced infrastructure technologies and services. GE Vernova’s robust presence in Germany and across Europe supports its ability to work across borders from the North Sea to Eastern Europe.

The launch of the center and the investment in HVDC technology aligns with Germany's ambition to advance its energy transition. That transition will require major grid infrastructure upgrades and investment in the System Stability Roadmap. This government initiative seeks to ensure a resilient and stable power system as Germany moves toward generating at least 80% of its electricity from renewable sources by 2030.

Driving Electrification in Europe

GE Vernova is at the forefront of the energy transition as Europe seeks to decarbonize while meeting growing demand for electricity. GE Vernova recently entered into an innovation agreement with four German Transmission System Operators (TSOs) to design a Multi-Terminal/Multi-Hub High-Voltage Direct Current (HVDC) connection solution, marking a significant milestone in developing a future high-voltage grid for Germany and Europe’s energy transition. Furthermore, GE Vernova is actively engaged with TenneT on a 2-gigawatt (GW) High Voltage Direct Current (HVDC) offshore transmission system program in Germany and the Netherlands, part of a five-year Framework Cooperation Agreement signed in March 2023.

The HVDC Competence Center will support these agreements, as well as others in its growing order backlog, and enable other efforts to integrate renewable energy into the grid, reaffirming GE Vernova's commitment to innovative solutions that address the region's evolving grid needs.

GE Vernova also recently announced a doubling of production capacity at its Stafford, UK plant to meet the growing global demand for HVDC technology.

Creating Jobs and Driving Progress

As part of its growth plans in Germany, GE Vernova expects to  have created around 500 new highly skilled jobs for engineers, project managers and other support staff in Berlin from 2023 to the end of 2025. New job opportunities are planned to open each quarter with 60 jobs posted currently and more than 200 to come. These roles will be instrumental in advancing electrification technologies and enhancing the company’s engineering and technical capabilities, positioning the Berlin Electrification facility as a major contributor to the development of energy solutions across the region.

Inauguration Event

To commemorate the opening of the HVDC Competence Center, GE Vernova hosted an open dialogue about the pressing challenges of today’s grid and energy landscape, inviting speakers from the Federal Ministry for Economic Affairs and Climate Action and the Senate Department for Economic Affairs, Energy and Public Enterprises, as well as representatives from GE Vernova to discuss Germany’s energy future and its path toward a sustainable and reliable energy supply.

-ENDS-

Notes to Editors:

GE Vernova is dedicated to advancing Germany’s energy transition through advanced infrastructure technologies, services, and a robust presence of over 25,000 employees across Europe. With nine locations across Germany, GE Vernova conducts production, research, and development focused on energy transition solutions, including onshore and offshore wind turbines, transformers, medium and low voltage converters, and hydrogen-capable gas-fired power plants.

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 address GE Vernova's expected future business and financial performance, 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 business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) 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. 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 and LinkedIn.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion, Solar and Storage Solutions, —collectively referred to as Electrification Systems —and digital technologies, referred to as Electrification Software. The solutions offered by this segment are essential for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption.