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Decarbonization

A Fast-Tracked Wind Project Accelerates Australia’s Path to Net Zero

Peter Beller
The silhouette of a 6-MW workhorse wind turbine in Australia
The silhouette of a 6-MW workhorse wind turbine in Australia. Images credit: GE Vernova

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Getting huge infrastructure projects built requires resources, patience, technical know-how, and a certain amount of ambition. In the case of Aula Energy’s newest wind farm, in remote South Australia, it also took teamwork among a diverse group of experts from various organizations who had to coordinate everything from building new roads to studying unlikely power outages under a tight deadline.

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People

Inside the Women-Led Factory in Vietnam That’s Meeting Rising Wind Power Demand

Alasdair Lane
Lines of people in a warehouse all in blue

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Wind power is entering a period of accelerated growth. By the end of the decade, global capacity is expected to nearly double, to more than 2,000 gigawatts. Meeting that demand will require not only new factories, but more from the ones already operating — producing at greater scale, moving faster, and operating more efficiently.

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Onshore Wind

GE Vernova secures IVPC Group contract for over 100 MW Fortore Wind Farm in Italy

7 min read
  • 17 GE Vernova 6.1 MW turbines to deliver one of Italy’s largest wind projects awarded in the December 2025 GSE auction

  • Project builds on the Monfalcone development, strengthening GE Vernova’s long‑term relationship with IVPC Group

  • Two‑piece blade technology and flexible O&M model enable deployment in complex Italian sites

RIMINI, Italy (March 4, 2026) - GE Vernova Inc. (NYSE: GEV) announced today that it has been selected by one of the leading national operators in the field of renewable energy IVPC Group, one of the leading national operators in the field of renewable energy, to provide 17 units of its 6.1 MW-158m* onshore wind turbines for a new wind farm in Fortore, Benevento, Italy. The over 100 megawatts (MW) project was one of the largest wind farms awarded during an auction held by Italy’s energy agency, Gestore dei Servizi Energetici (GSE), in December 2025.

As part of the agreement, which was booked in the fourth quarter of 2025, GE Vernova is expected to provide a customized Operations and Maintenance (O&M) solution where IVPC and GE Vernova will collaborate on the delivery of the transactional maintenance activities. Deliveries for the 17 turbines are scheduled to begin in the second quarter of 2027.

The Fortore wind farm will utilize GE Vernova’s 6 MW workhorse platform, featuring two-piece blade technology. This configuration is specifically engineered to improve transportability and enable access to complex sites, while maximizing energy production.

This new Fortore order follows a key milestone in GE Vernova’s collaboration with IVPC Group: the recent installation of the first Cypress 6.1 MW wind turbine in Italy at IVPC’s Montefalcone wind farm. The installation marks the start of a multi‑turbine repowering project, with up to five turbines being upgraded to significantly increase output and extend the life of the existing wind farm. Together, the repowering at Montefalcone and the Fortore greenfield project underscore the strength of GE Vernova’s long‑term collaboration with IVPC Group and its growing role in supporting Italy’s renewable energy and repowering ambitions.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said: “We are honored to extend our collaboration with IVPC Group on the Fortore wind farm. The project strengthens our presence in the country and our commitment to the European energy transition, while highlighting how our 6.1 MW–158m technology gives operators a competitive edge in auctions through large-scale, sustainable energy delivery. We look forward to continuing our strong collaboration with IVPC as we support Italy’s energy transition goals.”

Oreste Vigorito, Owner and President of the IVPC Group said: “Building on the success of the Monfalcone project, we continue to choose GE Vernova for the flexibility of its service model—allowing us to lead transactional maintenance—and for its advanced split‑blade technology, which enables deployment in locations with logistical constraints.”

GE Vernova's Onshore Wind business has a total installed base of approximately 59,000 turbines and nearly 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 drive decarbonization through high-quality, more affordable, and sustainable renewable energy.

GE Vernova is actively engaged in Italy and is currently delivering and installing around 135 MW. GE Vernova’s Wind Service Team supports customers through the Center of Excellence in Troia (Foggia) and additional sites nationwide, reducing downtime and ensuring optimal performance. With a solid local presence and strong execution capabilities, GE Vernova actively supports the development and repowering of wind farms through strategic collaborations in transportation and installation.

GE Vernova is a key player in Italy’s energy transition, having enabled power generation in Italy for more than 100 years. Currently, approximately 25% of Italy’s power capacity is being provided using GE Vernova technology.

###

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

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

Forward-Looking Statements

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

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

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GE Vernova's 6 MW onshore wind turbine
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Onshore Wind

GE Vernova bolsters US onshore wind fleet with 1.1 GW of repower orders in 2025

4 min read
  • Projects directly support domestic manufacturing jobs at GE Vernova’s Pensacola, Florida facility

  • Repowering allows for the rapid deployment of additional capacity by utilizing existing sites to provide abundant, affordable, and secure energy to power the nation’s growth

  • Approach extends the lifespan of existing onshore wind turbines while significantly reducing O&M costs through the installation of modernized, high-capacity components

SCHENECTADY, NY (February 5, 2026) – GE Vernova’s Onshore Wind business announced today that it received orders in 2025 to repower 1.1 gigawatts (GW) of onshore wind turbines in the U.S. The projects will use nacelles and drive trains manufactured in the U.S. at GE Vernova’s Pensacola, Florida facility, where approximately 20 percent of the workers are veterans, supporting U.S. energy abundance, affordability, and security.

Uzair Memon, Chief Commercial Officer for GE Vernova’s Onshore Wind Services business, said, “These significant repower orders underscore the critical role our advanced technology plays in optimizing existing wind assets. By deploying our state-of-the-art repower solutions, we enable our customers to achieve increased energy production, significantly enhance asset reliability, reduce operational and maintenance costs, and extend the overall lifespan of their wind farms. This directly aligns with our commitment to making existing renewable infrastructure more productive and sustainable for the long term, while also bolstering U.S. manufacturing and job creation.”

All orders were booked in 2025. These repower projects are expected to reach their commercial operation date between 2026 and 2027. The technical benefits of repowering are clear: Repowering increases the size, output, and longevity of existing turbines to capture more reliable renewable energy for a longer period.

David Hardy, GE Vernova’s Chief Commercial Officer for Wind, added, “A repower project enables us to rejuvenate a wind farm to increase annual energy production, extend life, and improve project availability. These projects are rooted in deep, long-term customer partnerships, where we work closely together to provide solutions that maximize performance and long-term value.”

GE Vernova's Onshore Wind business has a total installed base of approximately 59,000 turbines and nearly 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 drive decarbonization through high-quality, more affordable, and sustainable renewable energy.

 

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

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

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1.1 GW of US repowering orders were shared in GE Vernova’s 4th Quarter 2025 Earnings press release on January 28. This press release does not report additional orders.
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GE Vernova

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

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

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

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

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

 

GE Vernova

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end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

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

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Michael Lapides

GE Vernova | Vice President of Investor Relations

+1 617 674 7568

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Treacy Reynolds
GE Vernova | Director, Corporate Communications
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GE Vernova

GE Vernova signs agreement to supply turbines for Australian wind farm

6 min read
  • Turbines will be used at 256 MW Carmody’s Hill Wind Farm in South Australia

  • Project to use GE Vernova’s 6 MW–158m workhorse turbine

  • Deal includes five-year full-service agreement

Sydney, Australia (December 23, 2025) – GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Aula Energy to provide 42 6.1 MW–158m1 workhorse turbines for the Carmody’s Hill Wind Farm in Australia. GE Vernova’s scope includes turbine supply and installation, underpinned by a five-year full-service operation and maintenance agreement. The order was booked in the fourth quarter of 2025.

Carmody’s Hill Wind Farm follows an earlier deal to supply Aula Energy’s Boulder Creek Wind Farm project in Queensland, which closed in 2024 and features 38 GE Vernova 6 MW–164m turbines. Together, these two deals with Aula Energy in successive years highlight the ability of GE Vernova to support key customers in Australia.

GE Vernova is the only wind turbine OEM in Australia to have closed wind projects in nine successive years from 2017 to 2025, with Carmody’s Hill Wind Farm as the most recent success.

By continuing to deploy its proven 6 MW-class “workhorse” platform in Australia, GE Vernova and Aula Energy have been able to:

  • Streamline and shorten contract negotiation cycles, leveraging standardized commercial and technical frameworks; and
  • Accelerate the grid connection approval process, building on the platform’s established performance and grid credentials across multiple Australian states.  Grid approval for Carmody’s Hill Wind Farm was achieved nine months after application submission.

Carmody’s Hill Wind Farm is located approximately seven km east of the town of Georgetown in the Mid-North region of South Australia, around 180 km north of Adelaide.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said, “We are delighted to build on our successful collaboration with Aula Energy to bring another high-quality wind project to Australia. Carmody’s Hill Wind Farm demonstrates how our workhorse strategy—deploying fewer turbine variants at scale—can help streamline contracting, accelerate grid approvals, and enhance quality and reliability across the fleet. With a broad cross-portfolio of capabilities and proven technology, GE Vernova is uniquely positioned to support Australia’s ambition to deliver more affordable, reliable and sustainable energy.”

Chad Hymas, Aula Energy CEO, said, “We’re pleased to be partnering once again with GE Vernova to deliver Carmody’s Hill Wind Farm. At Aula Energy we’re building enduring partnerships to lead Australia’s energy transition, faster, smarter, and with shared value for all. With the support of our partners, we’re committed to delivering a project that creates meaningful, long-term benefits for the Nukunu People, local communities, shareholders, and the sector.”

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

Australia has been part of the company’s story for more than 125 years and today is increasingly important for GE Vernova, providing careers for ~400 employees and ~200 field engineers across every state and territory. With more than 3 GW of wind turbines in operation or under construction, 10+ GW of gas-based power generation, software running 80% of the electricity grid, and providing ~40% of grid infrastructure of major utilities, GE Vernova is actively supporting efforts to make electricity more sustainable, affordable, reliable and accessible across Australia.

*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.

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

Forward-Looking Statements

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

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

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Electrification

The Next Episode: India Has Achieved an Electrification Miracle. Now It’s Writing Its Wind Story.

Chris Noon
Wind turbines on a grassy plain with a blue sky in the background
GE Vernova 3-MW wind turbines at a New Mexico wind farm. Images credit: GE Vernova

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In 2010, India’s grid was in crisis. The Asian nation struggled with power deficits close to 13% during periods of peak demand, while around one in four Indians still lacked access to electricity. But India has come a long way, and fast. Today 99.6% of Indians have electricity access.

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Onshore Wind

GE Vernova enters agreement with PPC Renewables in Romania

5 min read
  • Onshore wind farm will use 14 GE Vernova 6.1 MW–158m workhorse turbines

  • Second contract with PPC Renewables will give GE Vernova an installed base of more than 800 MW of wind power in Romania

BUCHAREST, Romania (December 11, 2025) 2025 - GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Public Power Corporation Renewables (PPC R) to supply, install and commission 14 of its 6.1 MW–158m* turbines for a wind farm in Vaslui county, Romania. The new agreement builds on an earlier deal to supply 23 of GE Vernova's 6.1 MW-158m turbines that was announced in September 2024. It also follows an announcement last week that the company will provide Greenvolt Power 42 of its 6.1 MW–158m onshore wind turbines to power the Gurbanesti wind farm in Călărași county in Romania.

The latest deal, which was booked in the second quarter of 2025, expands the presence of GE Vernova in Romania by adding 85 MW to the company’s existing onshore wind installed base in the country of more than 800 MW.

When completed, the project is expected to provide enough energy to power the equivalent of approximately 38,000 households.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said, “We are pleased to deepen our collaboration with PPC Renewables in Romania, strengthening our commitment to advancing sustainable energy solutions. This agreement not only reinforces GE Vernova's presence in the region but also exemplifies our dedication to delivering workhorse wind turbines that will help power thousands of homes and contribute to Romania's renewable energy goals."

GE Vernova has a total installed base of approximately 57,000 turbines and nearly 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.

###

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

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

Forward-Looking Statements

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

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

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GE Vernova's 6 MW onshore workhorse wind turbine
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Michael Lapides

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Tim Brown
GE Vernova | Media Relations, Wind
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Onshore Wind

GE Vernova to equip second Greenvolt onshore wind farm in Romania

5 min read
  • Wind farm will use 42 of GE Vernova’s 6.1 MW–158m workhorse wind turbines

  • Second large deal announced in Romania in last two months

  • Project shows how wind power can support Romania’s goal of adding more renewable energy

BUCHAREST, Romania (December 4, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has entered into an agreement with Greenvolt Power – part of Greenvolt Group, a global leader in 100% renewable energy – to supply, install and commission 42 of its 6.1 MW–158m* onshore wind turbines to power the Gurbanesti wind farm in Călărași county in Romania.

This follows an earlier announcement that GE Vernova will supply 42 turbines for the Ialomiţa wind farm in Romania. Together, the two projects will produce approximately 500 MW, supporting Romania’s goal of adding significantly more renewable energy by 2030.

The Gurbanesti order was booked in the fourth quarter of 2025. Deliveries of the wind turbines are scheduled to begin in 2026.

The projects increase significantly Greenvolt’s wind capacity across Europe. The wind farms will support hundreds of full-time jobs during peak construction and will generate enough electricity to power the equivalent of more than 110,000 homes annually in Romania.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said “We are pleased to once again support Greenvolt as they work to bring online more renewable energy in Romania and across the globe. Paired with our earlier announcement about supporting a similar sized Romanian wind farm, today’s announcement reinforces the value our workhorse turbines can create for customers in Romania and across Europe.”

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

###

*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.

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

Forward-Looking Statements

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

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

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GE Vernova onshore workhorse wind turbine in Osterild, Denmark
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GE Vernova | Media Relations, Wind
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Onshore Wind

GE Vernova secures first onshore wind repower upgrade contract outside the United States with Taiwan Power Company

5 min read
  • First GE Vernova wind repower upgrade contract outside the United States, following over 6,000 turbines repowered in the United States

  • Announcement made during the B20 South Africa 2025 Summit in Johannesburg

  • Repower upgrade kits for 25 GE Vernova 1.5 MW-70.5m turbines for Taiwan Power Company (TPC), plus a five-year operations and maintenance services agreement

  • Extends turbine operating life beyond original design life, supporting Taiwan’s decarbonization and energy security goals

Taiwan, (November 19, 2025) – GE Vernova Inc. (NYSE: GEV) today announced its first onshore wind repower upgrade agreement outside the United States, signing with Taiwan Power Company (TPC) to supply 25 repower upgrade kits in Taiwan. The announcement was made during the B20 South Africa 2025 Summit in Johannesburg. The milestone international contract builds on GE Vernova’s track record of repowering over 6,000 wind turbines in the United States, extending that expertise to support Taiwan’s decarbonization goals.

Under the agreement, GE Vernova will provide repower upgrade kits to repower 25 GE Vernova 1.5 MW-70.5m turbines and deliver a five-year operations and maintenance (O&M) services package. The order was booked in the third quarter of 2025. Initial components are scheduled for delivery in the fourth quarter of 2025, with retrofit installation taking place throughout 2026 and 2027.

Wind repowering enables turbines approaching the end of their designed operational life to be modernized and returned to service with improved reliability and performance. By extending asset life beyond original design life, the project will help TPC continue generating affordable, renewable electricity while maximizing existing infrastructure.

Uzair Memon, Chief Commercial Officer for GE Vernova’s Onshore Wind Services business, said “As we bring our proven repowering capabilities to customers outside the U.S. for the first time, we’re proud to work with TPC to support Taiwan’s energy transition. The deal also reinforces how our services capabilities drive lifecycle value for our customers through fleet reliability, technology investment and an integrated global supply chain.”

The announcement aligns with one of the recommendations of the Energy Mix & Just Transition policy paper released at the B20 Summit, which calls on stakeholders to accelerate the expansion and modernization of energy infrastructure to increase energy efficiency, access, and reliable power supply. Roger Martella, Chief Corporate Officer and Chief Sustainability Officer, GE Vernova, was a co-chair of the group that developed the policy paper.

GE Vernova has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Building on more than two decades of customer relationships, GE Vernova offers high-quality, affordable, and sustainable wind solutions — including repowering and life-extension services — to power the world’s growing energy needs.

end

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 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

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.

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Michael Lapides

GE Vernova | Vice President of Investor Relations

+1 617 674 7568

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Tim Brown
GE Vernova | Media Relations, Wind