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Grid Solutions

GE Vernova to deliver SF₆-free grid hubs for Stromnetz Berlin

5 min read
  • GE Vernova awarded two contracts by Stromnetz Berlin for new 110 kV gas-insulated substations in Wittenau and Neukölln

  • Substations to use GE Vernova’s SF₆-free g³ technology, part of its GRiDEATM portfolio to help decarbonize power transmission

  • Contracts support the modernization of critical grid infrastructure for Stromnetz Berlin, operator of one of Europe’s largest urban gas-insulated switchgear networks 

BERLIN, Germany, (16 July 2026): GE Vernova Inc. (NYSE: GEV) today announced it has been awarded two contracts by Stromnetz Berlin GmbH for the design, delivery and installation of two new high-voltage electrical substations in Wittenau and Neukölln. These grid nodes form part of Berlin’s high-voltage electricity network, helping supply power to several local substations that serve homes, businesses and public infrastructure across the city.

These 110 kV gas -insulated substations use GE Vernova’s SF₆-free g³ technology, an alternative to SF₆, which is a potent greenhouse gas widely used in high-voltage electrical equipment to provide insulation and help prevent electrical arcs. GE Vernova’s g³ technology provides the performance and compact footprint utilities need, while reducing the global warming potential of the insulating medium by about 99% compared with SF₆. 

“Europe’s electrical grids need proven technologies that support reliability, sustainability and speed of deployment,” said Frank Ennenbach, Central Europe Regional Leader for GE Vernova’s Grid Systems Integration business line. “The use of g³ technology in these projects reinforces the role of practical, scalable SF₆-free solutions in modern grid infrastructure, especially in dense urban networks where space, timing and system reliability matter. As Europe invests in strengthening and expanding its power networks, utilities need a choice of high-voltage equipment technologies that reduce overall global warming potential while still meeting real-world infrastructure requirements. We are proud to support Stromnetz Berlin in this important project for Germany’s capital.”

“As the operator of one of Europe’s largest urban gas-insulated switchgear networks, Stromnetz Berlin has an important role in supporting reliable electricity supply for the capital,” said Elena Brauns, responsible for resources and environment at Stromnetz Berlin GmbH. “With the Wittenau and Neukölln grid nodes, we are investing in infrastructure that supports Berlin’s security of supply and climate goals. GE Vernova’s SF₆-free g³ technology supports our objective to modernize the grid while reducing the environmental footprint of essential high-voltage equipment.”

As electricity demand grows and cities electrify transport, heating, buildings and industry, grid infrastructure is becoming increasingly important to economic growth and quality of life. Compact, reliable and lower-carbon high-voltage substations are especially important in dense urban environments, where space is limited and network performance is critical.

GE Vernova’s g³ technology is part of our GRiDEATM portfolio; solutions designed to help decarbonize power transmission. The portfolio includes SF₆-free high-voltage equipment, as well as solutions focused on reducing raw material use, extending equipment lifespan and improving grid efficiency.

GE Vernova has operated in Germany for more than a century and is a critical partner in the country’s journey toward net-zero emissions by 2045. Today, approximately 30% of Germany’s electricity is generated using GE Vernova technology. The company supports Germany’s energy transition through major power generation projects, electrification and grid reliability solutions, large-scale transmission infrastructure, and wind energy manufacturing from its Salzbergen facility.

The Wittenau project execution period is expected to extend from June 2026 to March 2031. The Neukölln project execution period is expected to extend from June 2026 to January 2032.The contract was booked in April 2026. Financial details were not disclosed.

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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.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — 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.

© 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

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David Bowden
GE Vernova | Media Relations - Electrification Segment
Csilla Kövesdi
GE Vernova | Communications, Europe
Article
Innovation

Making Grids Smarter: A Sensory System Begins to Emerge

Gregor Macdonald
A woman is working on a computer screen on high-resolution mapping, which can help prevent or shorten power outages

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The U.S. Energy Information Administration determined that 2024, which witnessed a raft of Category 5 hurricanes, was the worst year in a decade for U.S. power outages. The spike meant that the average utility customer was without power for 11 hours in 2024, nearly double the average of the preceding 10 years. Beyond the storms, worsening trends in wildfires and floods are raising costs for utilities, placing pressure on household budgets. 

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Grid Solutions

GE Vernova modernizes its R&D lab in Italy to support more reliable electric grids

5 min read
  • Modernized Noventa di Piave laboratory expands high-voltage testing capabilities for grid equipment

  • Investment strengthens GE Vernova’s ability to help utilities deploy advanced grid technologies faster and with greater confidence. 

  • GE Vernova’s sites in Noventa di Piave and Sesto San Giovanni support Italy’s electricity infrastructure and global exports

NOVENTA DI PIAVE, Italy —June 30, 2026— GE Vernova today announced the completion of the modernization of its high-voltage research and development (R&D) laboratory at its Noventa di Piave site, near Venice, Italy. The lab tests equipment that helps electricity move safely from where it is produced to where it is needed. The project is part of a broader four-year investment of approximately $7.2 million to strengthen the site’s role in developing technologies for more reliable, flexible and resilient power grids.

As electricity demand grows and more renewable energy connects to the grid, utilities need modern equipment that can perform under more demanding conditions. The upgraded laboratory will help GE Vernova test critical equipment, including transformers and disconnectors, before it is deployed in electricity networks. 

“Reliable grids depend on technologies that have been tested, validated and proven for the most demanding operating conditions,” said Eric Chaussin, VP & CEO, Power Transmission, GE Vernova. “This investment in Noventa strengthens our ability to innovate in Italy, respond to customer needs more quickly and support the delivery of more resilient power systems for customers in Italy and around the world.”

The investment builds on GE Vernova’s continued investment across its Italian electrification footprint, including the recently announced expansion of its manufacturing capacity in Sesto San Giovanni, valued at more than $30 million.

The Noventa di Piave facility is part of GE Vernova’s Electrification segment. With more than 50 years of experience, the Noventa di Piave site has become an important part of GE Vernova’s industrial footprint in Italy. The facility currently employs more than 300 people and plans to add approximately 15 new hires annually over the coming years. The modernization project supports the site’s long-term growth, helps attract skilled talent and strengthens its contribution to the local economy.

GE Vernova’s facilities in Noventa di Piave and Sesto San Giovanni are important parts of the company’s industrial presence in Italy. Together, they bring manufacturing, research and testing capabilities that support Italy’s electricity infrastructure and serve customers in export markets around the world.

GE Vernova has supported Italy’s power sector for more than 100 years. Today, approximately 25% of Italy’s power capacity is enabled by GE Vernova technology.

The investment is part of our larger plans to invest $11B in capex and R&D from 2025 through 2028. 

END

 

end

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.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — 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.

© 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

GE Vernova Introduces GridOS® for Transmission and New AI Whitepapers at Orchestrate 2026

6 min read
  • GE Vernova has introduced GridOS for Transmission: a unified software solution that enables near real-time, coordinated transmission operations 

  • At industry-leading Orchestrate Conference, GE Vernova releases two new AI whitepapers exploring grid planning and grid-edge autonomy

ATLANTA, GA., June 9, 2026 – GE Vernova (NYSE: GEV) today introduces GridOS for Transmission and released two new AI whitepapers addressing grid planning and autonomous grid-edge operations at Orchestrate 2026, the company's annual grid software conference bringing together utility leaders, grid operators, and technology experts to examine how software is reshaping grid modernization as electricity demand surges and grid complexity accelerates.

"Meeting rising electricity demand will require more than adding generation, it demands a grid that can coordinate, adapt, and act faster than ever before," said Philippe Piron, CEO of GE Vernova's Electrification segment. "Software is now central to how utilities plan investments, operate networks, and respond to near real-time conditions. What we're introducing at Orchestrate reflects our conviction that the grid of the future runs on intelligence and that utilities need that intelligence across every layer, from long-range planning to the grid edge."

Orchestrate 2026: Bringing the Industry Together to Drive Grid Modernization

Orchestrate is GE Vernova's annual conference for utility leaders and grid operators to engage with the software strategies and technologies redefining grid modernization. This year's agenda reflects the mounting pressures utilities face: surging load, deeper renewable integration, and frequent extreme weather and the growing role software plays in helping them respond.

Today's announcements reinforce GE Vernova's position that software is no longer a layer on top of the grid – it is a core enabler of faster, more coordinated decisions across planning and operations, and the only mechanism capable of addressing a coordination problem that is beyond human scale.

GridOS for Transmission

GE Vernova's Grid Software business today introduces GridOS for Transmission, a unified grid intelligence solution for operating and orchestrating the transmission network as one system. By bringing together near real-time operations, capacity awareness, forecasting, and system stability into a single coordinated environment, GridOS for Transmission helps utilities shorten control room decision cycles, improve utilization of existing transmission capacity, and respond faster to rapidly changing grid conditions.

The solution integrates intelligence from core transmission applications including AEMS (Advanced Energy Management System), DDLR (Digital Dynamic Line Rating), WAMS (Wide-Area Monitoring System), and forecasting tools, alongside DER management, Visual Intelligence, and asset behavior data, giving operators a unified, context-rich decision environment.

With this operating model, utilities can reduce decision latency, operate closer to actual system limits, identify emerging stability risks earlier, and respond more effectively during disturbances and peak-stress events.

New AI Whitepapers on Grid Planning and Grid-Edge Operations

GE Vernova today released two whitepapers addressing complementary dimensions of AI's role in utility operations. Both whitepapers are coming from GE Vernova's Grid Automation and Software business.

"Reimagining the Grid Edge: Autonomous Distribution Technologies as the Key to Managing Decentralization and Enhancing Resilience," outlines how Autonomous Distribution (AD) enables utilities to detect, isolate, and restore faults in seconds rather than minutes. The paper covers AI capabilities at the grid edge including adaptive zone management, predictive controls, software-defined architecture, and integration with existing EMS and ADMS environments. By empowering grid operators to manage distributed assets, AD improves grid resilience, adjusts to evolving demands, reduces costs, and increases efficiency, paving the way for a fault-tolerant future in a decentralized energy landscape.

"AI in Grid Planning: Unlock Resilience, Faster Decisions, and Lower Costs,"  outlines how utilities can apply AI to long-range planning, interconnection analysis, forecasting, and risk management, all anchored by a living, digital grid twin. Use cases include interconnection backlog reduction, non-wires alternatives analysis, vegetation- and wildfire-risk management, storm preparedness, and advanced load and generation forecasting.

Together, the whitepapers underscore GE Vernova's view that utilities need intelligence across the full grid lifecycle, from planning investments years ahead to managing near real-time operations from the control room to the grid edge.

Reimaging the Grid Edge  and AI in Grid Planning whitepapers are available for download.

end

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.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — 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.

© 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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Treacy Reynolds
GE Vernova | Director, Corporate Communications
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Innovation

How India Is Helping More People Access Renewable Power Through High-Voltage Transmission

Gregor Macdonald
HVDC converter station
The interior of a HVDC converter station. Images credit: GE Vernova

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As India grows, so does the need to deliver reliable, affordable electricity to the people and businesses that depend on it every day. Gujarat, one of the country’s sunniest regions, is an ideal place to generate large-scale solar power.

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Power Conversion & Storage

A GE Vernova e o futuro da segurança energética Brasileira: pioneirismo e inovação para o sistema elétrico

11 min read

Os leilões de transmissão promovidos pela Agência Nacional de Energia Elétrica (ANEEL) que incluem a contratação de Compensadores Síncronos representam um passo relevante para fortalecer a resiliência e a estabilidade do Sistema Interligado Nacional (SIN).

A GE Vernova é pioneira no fornecimento de compensadores síncronos para o Sistema Elétrico Brasileiro. Desde a década de 1980, contribuímos com soluções robustas e inovadoras e, com a retomada do protagonismo desses equipamentos, reforçamos nossa posição de liderança neste segmento.

O Brasil, com sua vasta extensão territorial e uma matriz energética cada vez mais diversificada, enfrenta desafios únicos. A crescente participação de fontes renováveis intermitentes, como a solar e a eólica, embora fundamental para a descarbonização, traz consigo a necessidade de soluções robustas para manter a estabilidade da rede. É aqui que os Compensadores Síncronos, ou Condensadores Síncronos, como também são conhecidos, se tornam protagonistas.

Segurança energética: por que os Compensadores Síncronos são indispensáveis

Compensadores síncronos são máquinas elétricas rotativas que fornecem e absorvem potência reativa, semelhante ao modo de operação de um motor síncrono sem carga ou como um gerador sem acionamento. Sua contribuição é de fornecer ou consumir potência reativa, prover inércia e contribuir com a potência de curto-circuito para o sistema em que está conectado.

Essas três características – controle de potência reativa, suporte de estabilização inercial e contribuição para potência de curto-circuito – são fundamentais para controlar a qualidade for fornecimento da tensão da rede elétrica, um fator crítico para garantir a eficiência e qualidade na transmissão da energia que chega às nossas casas e indústrias.

Com a expansão das fontes renováveis, que muitas vezes não fornecem inércia síncrona natural (a capacidade de um gerador de resistir a mudanças bruscas de frequência), o SIN se torna mais vulnerável a flutuações. Os Compensadores Síncronos atuam como agentes de estabilização da rede, normalizando a tensão e a frequência da rede. Eles são, portanto, pilares para:

  • Estabilidade da Tensão: Mantêm a tensão dentro dos limites operacionais, prevenindo quedas ou picos que podem danificar equipamentos e interromper o fornecimento.
  • Inércia do Sistema: Contribuem para a inércia do SIN, ajudando a mitigar a velocidade de variação da frequência em caso de distúrbios, o que é crucial para a resiliência da rede.
  • Capacidade de Curto-Circuito: Aumentam a capacidade de curto-circuito em pontos estratégicos da rede, facilitando a atuação das proteções e isolando falhas de forma mais eficaz.
  • Integração de Renováveis: Permitem a integração segura e eficiente de mais fontes de energia renovável, garantindo que a transição energética não comprometa a confiabilidade do sistema.

A Empresa de Pesquisa Energética (EPE) publicou estudos que avaliam os benefícios sistêmicos da implantação desses equipamentos, especialmente no Norte e Nordeste do país, onde a demanda por estabilidade é crescente devido à expansão da geração eólica e solar. A Agência Nacional de Energia Elétrica (ANEEL) também tem dedicado atenção ao tema, realizando audiências públicas e consolidando a regulamentação para a contratação desses ativos.

 

A expertise da GE Vernova: soluções locais para desafios nacionais

Na GE Vernova, não estamos apenas observando a evolução; estamos ativamente moldando-a. Nossa expertise em Compensadores Síncronos não é recente, mas sim o resultado de décadas de inovação e de uma profunda compreensão das necessidades do setor elétrico.

Cláudio Trejger, CEO de Hydro Power para a América Latina lembra com orgulho da capacidade e experiência da GE Vernova para ser um parceiro estratégico fundamental neste leilão e nos projetos subsequentes. “Nossa fábrica em Taubaté (SP) é um centro de excelência na produção de equipamentos de grande porte para o setor elétrico, incluindo os Compensadores Síncronos. A produção local não apenas garante a qualidade e a agilidade na entrega, mas também fomenta a economia nacional e gera empregos, alinhando-se perfeitamente com os objetivos de desenvolvimento do país”, afirma.

Renato Yabiku, CTO da Power Conversion & Storage para América Latina, ressalta que a compensação síncrona é única, pois provê solução para as três frentes – potência reativa, suporte inercia e contribuição de curto-circuito. Essa característica, oriunda do fundamento físico da operação das máquinas síncronas, é um dos grandes motivos pelo qual essa tecnologia seja tão confiável e utilizada para resolver os desafios de estabilização da rede. Ele explica que “uma tendência de utilização de outras tecnologias para prover os serviços de estabilização de rede vem sendo desenvolvidas nas últimas décadas, como os compensadores estáticos – STACOM – vem ocorrendo, mas os compensadores síncronos são ainda opções preferenciais para alguns tipos de desafios, especialmente os que demanda está centra em uma alta contribuição de corrente de curto-circuito”.

Nesse contexto, ele menciona também que “a GE Vernova tem um portifólio de máquinas e equipamentos que permitem a composições de soluções, de forma a extrair o melhor de diversas tecnologias, visando desde redução de perdas, melhora de lead time ou outros requisitos específicos de cada instalação do cliente.”

As unidades de negócio de Hydro Power e Power Conversion & Storage da GE Vernova trabalham em sinergia, combinando o conhecimento profundo em máquinas rotativas e sistemas de controle para oferecer soluções completas e otimizadas. A expertise de nossos engenheiros e técnicos, desenvolvida ao longo de inúmeros projetos no Brasil e no mundo, nos permite elaborar soluções de ilhas de compensação e prover os equipamentos críticos para sua operação, partindo das etapas desde projetar, fabricar, instalar e comissionar Compensadores Síncronos que atendem aos mais rigorosos padrões de desempenho e confiabilidade.

 

 

Projetos que falam por si: o legado da GE Vernova

A atuação da GE Vernova no Brasil com Compensadores Síncronos já é uma realidade consolidada. O fornecimento de um Compensador Síncrono à Dunas Transmissão para a subestação de Capão do Cipó (RS) demonstra a aplicação da tecnologia na mitigação de desafios de estabilidade do sistema. Além desse projeto, destacam-se no Brasil as subestações Araraquara II (SP), Medeiros Neto II (BA), Estreito (MG) e Barra II (BA), que somam oito máquinas de 300 MVAr cada (sete em operação e uma em fabricação), evidenciando o desempenho e a confiabilidade das soluções da GE Vernova.

E não é apenas no Brasil que contribuímos com nossa expertise. No ano passado, fomos selecionados pela Transelec Holdings Rentas Ltd, fornecedora líder de sistemas de alta tensão no Chile, para o fornecimento de condensadores síncronos e subestações de alta tensão para os projetos Ana María e Monte Mina, no norte do Chile. Esses dois projetos fizeram parte de uma licitação para "Controle de Tensão por Entrada de Corrente de Curto-Circuito", parte do plano do governo chileno para apoiar a transição energética e a descarbonização do país.

Nossa presença em projetos de grande porte demonstra a versatilidade e a adaptabilidade de nossas soluções. A experiência da nossa equipe regional Hydro e PCSem médios e grandes geradores e motores síncronos, por exemplo, é diretamente aplicável ao design e otimização de Compensadores Síncronos, garantindo robustez e longevidade. Da mesma forma, a expertise em eletrônica de potência e sistemas de controle é fundamental para a operação eficiente e inteligente desses equipamentos, permitindo uma resposta rápida e precisa às variações da rede.

Olhando para o Futuro: um compromisso com a estabilidade e a sustentabilidade da rede

O leilão de 27 de março de 2026 representa um marco. É a materialização de um esforço conjunto do governo, reguladores e do setor privado para garantir que o Brasil continue a avançar em sua transição energética sem comprometer a segurança e a qualidade do fornecimento.

Na GE Vernova, estamos prontos para contribuir ativamente para este futuro. Nossa capacidade de produção local combinando Campinas e Taubaté, aliada com a expertise global e a sinergia entre nossas unidades de negócio de Hydro Power e Power Conversion & Storage, nos posiciona de forma única para atender às demandas deste leilão e dos desafios futuros do SIN. Acreditamos que, ao investir em Compensadores Síncronos produzidos localmente e com a tecnologia de ponta, o Brasil construirá um sistema elétrico mais robusto, resiliente e preparado para as demandas de um futuro descarbonizado.

Este é um momento de união de esforços e de visão de longo prazo. A GE Vernova reitera seu compromisso com o desenvolvimento do setor elétrico brasileiro, oferecendo soluções inovadoras e sustentáveis que garantem a energia que o país precisa para crescer e prosperar. Estamos confiantes de que, juntos, construiremos um SIN ainda mais forte e preparado para os desafios do século XXI.

end

© 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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Electrification

GE Vernova expands manufacturing capacity in Vietnam to support growing global electrification needs

6 min read
  • New Hai Phong facility to manufacture large power transformers primarily for HVDC transmission projects

  • Investment strengthens manufacturing footprint to support fast-growing regional and international demand

  • Project expected to create approximately 450 jobs and support workforce development in Vietnam

Hai Phong, Vietnam | March 10, 2026 – GE Vernova (NYSE: GEV) today announced an investment of approximately $200 million to expand manufacturing capacity within its Electrification segment by establishing a new facility in Hai Phong, Vietnam. GE Vernova’s Electrification segment provides technologies that support power transmission, grid stability, and large-scale electrification programs worldwide.

This investment forms part of GE Vernova’s planned investments of $11 billion in capex and R&D from 2025 through 2028, including $1 billion for Prolec GE from 2026 to 2028. It follows GE Vernova completing the $5.3 billion acquisition of Prolec GE to increase transformer production in the North American market, more than $300 million in investments in grid facilities in the United States, and the expansion of its Stafford, UK site to strengthen HVDC and grid manufacturing capabilities in Europe.

The new facility will manufacture large power transformers mainly for High-Voltage Direct Current (HVDC) projects, complementing GE Vernova’s existing HVDC transformer manufacturing facilities in Stafford, UK, and India. These technologies are used to move electricity efficiently over long distances and ensure power networks can safely and reliably handle rising electricity demand.

“Electrification is accelerating globally, and reliable power infrastructure is increasingly essential to support economic growth and energy security,” said Philippe Piron, CEO of GE Vernova’s Electrification segment. “This investment expands our manufacturing capacity in a region experiencing strong demand growth while reinforcing a diversified supply chain that supports customers across Asia and other regions as needed. It also reflects our long-term commitment to supporting Vietnam’s industrial development.”

The Hai Phong facility is planned to be developed in phases, with full operations expected in 2028, subject to regulatory approvals. Once operational, the site is expected to contribute towards GE Vernova’s broader transformer manufacturing capacity while primarily serving growing demand across Asia.

Electricity demand growth is particularly strong in fast-industrializing and urbanizing markets, where power infrastructure expansion and modernization are advancing at pace. Locating manufacturing capacity in this region will allow the company to improve delivery timelines, strengthen supply chain resilience, and support reliable project execution.

The project is expected to create approximately 450 jobs by 2030, with a significant number planned to be filled locally. In addition, GE Vernova plans to implement workforce training and knowledge-sharing programs in Vietnam, helping build local capabilities while connecting the Hai Phong site to its global Electrification manufacturing network.

GE Vernova’s equipment supports up to 30% of Vietnam’s electricity needs, reflecting the company’s long-standing presence in the country. Today, GE Vernova employs more than 1,100 people across nine locations in Vietnam, spanning multiple businesses. In addition to the new Hai Phong facility, GE Vernova operates the Phu My repair facility and the Dung Quat HRSG manufacturing plant, which are part of the company’s broader global repair and manufacturing network serving customers worldwide.

 

--End--

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.

end

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.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

© 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 Electrification Facility Launch Vietnam
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Michael Lapides

GE Vernova | Vice President of Investor Relations

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GE Vernova | Media Relations, Electrification
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Electrification

GE Vernova expands manufacturing capacity in Italy to support growing global electrification demand

5 min read
  • Century‑long Italian engineering hub in Sesto San Giovanni expands to support GE Vernova’s growing Electrification segment

  • Expansion increases production of bushings - essential components for global transmission and distribution networks

  • Adds approximately 50 manufacturing jobs in Lombardy

SESTO SAN GIOVANNI, Italy (March 3, 2026) - GE Vernova Inc. (NYSE: GEV) today announced approximately $30 million investment in the expansion of its electrification manufacturing facility in Sesto San Giovanni, Italy, to support rising global demand for electrification infrastructure.

The initiative aims to increase production capacity for essential components used in power and generator transformers - bushings - which enable safe and efficient transmission and distribution of electricity. The expansion is expected to create approximately 50 new jobs in Lombardy region, primarily in manufacturing.

“With this investment, we are strengthening a strategic capability within our fastest-growing Electrification segment,” said Philippe Piron, CEO of GE Vernova's Electrification segment. “Sesto San Giovanni plays a central role in our global bushing manufacturing footprint. Expanding capacity here increases supply security for our customers and reinforces our ability to support large-scale power transmission and generation programs worldwide.”

As utilities and energy companies worldwide invest in grid upgrades and modernize power networks to meet rising electricity demand, the need for transformers and substations continues to grow, driving increased demand for bushings, which ensure this high‑voltage equipment operates reliably and safely. The project is expected to introduce additional production lines for advanced dry-type bushings, including Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) technologies, covering voltage levels up to 245 kV.

This expansion forms part of GE Vernova’s planned $11 billion investments in capital expenditures and R&D from 2025 through 2028. The announcement follows GE Vernova’s $5.3 billion acquisition of Prolec GE to increase transformer production in the North American market, more than $100 million investments in grid facilities in the United States, and the expansion of its Stafford, UK site to strengthen High-Voltage Direct Current (HVDC) and grid manufacturing capabilities in Europe.

A century of Italian engineering and manufacturing excellence

For more than 100 years, GE Vernova’s Sesto San Giovanni facility has been recognized for engineering quality and manufacturing expertise in high-voltage bushings. The site hosts GE Vernova’s Bushing Center of Excellence and designs, manufactures, and services products used in large-scale power infrastructure projects worldwide, supporting some of the highest voltage applications in the industry.

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.

For more information on GE Vernova’s bushing portfolio and technology, visit the website

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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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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.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

© 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

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GE Vernova | Media Relations, Electrification
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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.

 

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end

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.

© 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

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Treacy Reynolds
GE Vernova | Director, Corporate Communications
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GE Vernova expands its Grid Automation portfolio with a new solution for modern grids

5 min read
  • Introduces GridBeats™ APS (Automation and Protection System) to help utilities modernize protection and operations without disrupting service

  • Reduces device footprints in substations by enabling multiple functions to run on a common platform

  • Supports grid resilience as networks expand and operating requirements become more demanding

San Diego, California (February 3, 2026) – GE Vernova Inc. (NYSE: GEV) today announced the launch of a new solution designed to simplify grid operations and protection as electricity networks expand globally and become more complex.

GridBeats™ APS (Automation and Protection System) is a new product within GE Vernova’s GridBeats™ portfolio of software-defined grid automation solutions. It is designed to help utilities modernize electrical substations, reduce device footprints, and keep power flowing reliably as power grid requirements evolve.

Modernizing substation design and operations
Designed to address the growing challenges of aging infrastructure, capacity expansion, operational complexity, and cybersecurity, GridBeats™ APS redefines traditional substation architectures. Acting as a single platform to support all protection and control applications within a substation, the solution uses GE Vernova’s patented hardware abstraction technology to significantly reduce the amount of hardware required along with the number of spare devices operators must maintain.

With GridBeats™ APS, operators can consolidate what once required hundreds of individual communication and cybersecurity packages into as few as ten—while maintaining the same level of protection and performance.

GridBeats™ APS enables grid operators to:

  • Streamline operations: GridBeats™ APS lets operators update cybersecurity and communications software without needing to revalidate or retest protection and control functions.
  • Adapt to changing demand: Run multiple protection and control applications on a single device, allowing devices to meet changing demands and extend their lifecycles.
  • Simplify control and maintenance: Standardize procurement, reduce learning curves, and streamline configuration.
  • Maintain continuous operation: Remotely update applications without taking devices offline, improving both resilience and reliability

“Electricity is becoming the backbone of modern economies, with demand rising across data, industry, transport, and buildings,” said Del Misenheimer, VP & CEO, Grid Automation & Software, Electrification Segment, GE Vernova. “As grids expand to meet that growth, automation is becoming essential to help operators manage complexity and maintain reliable operations at scale. At GE Vernova, our Electrification businesses bring together hardware, software, and services to support grid modernization. GridBeats™ APS reflects this integrated approach by helping simplify daily grid operations while keeping power available and systems secure.”

Why protection and control matter in grid modernization
Protection and control systems help keep the electricity grid running safely and reliably. Protection functions identify problems on the network and quickly isolate affected areas to prevent wider outages, while control functions guide how the grid operates moment to moment so power is delivered where it is needed. As electricity networks grow, add new energy sources, and serve more users, these systems are becoming increasingly important to support grid modernization and ensure power remains available, stable, and secure.

GE Vernova is showcasing GridBeats™ APS at DTECH 2026, taking place February 3–5 in San Diego, California, where attendees can learn how the solution supports modern grid operations and protection. GE Vernova is exhibiting at booth #3112. The product will be unveiled during a LinkedIn Live event, accessible here.

For more information on GridBeats™ APS, visit the website.

-ENDS-

end

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.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — 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.

© 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

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GE Vernova | Media Relations, Electrification