[Ishikari Hachinosawa, Hokkaido] (June 6, 2024) - GE Vernova’s Onshore Wind business announced today the start of operations of the Ishikari Hachinosawa Wind Farm located in Ishikari city, in Hokkaido island. The 21 MW wind farm, owned by Ishikari Green Energy Co Ltd, a subsidiary of one of Japan’s largest electric utilities, J-POWER, has been in operation since March 2024, and is powered by 5 units of GE Vernova’s 4.2-117 MW wind turbines, providing the equivalent energy to power approximately 7,400 households.

The project will help enable both companies to support Japan’s goal of increasing the share of the national electricity mix from renewable energy from 36% to 38% by 2030, as outlined by the Ministry of Economy, Trade and Industry’s 6th National Electricity Mix. The project, being GE Vernova’s 2nd 4.2-117 wind turbine project for J-POWER, serves to further strengthen the companies’ relationship following the start of operations of the Esashi Replacement Project in early 2023.

GE Vernova, J-POWER and project construction partners have been working closely to achieve start of operations since the arrival and delivery of the main wind turbine components at Ishikari Shinko Port in May 2023. A unique challenge of the project was coping with snow. Ishikari is a location that experiences heavy snow and blizzards and had undergone incidents of white-outs with severe lightning and thunderstorms during the commissioning of the project. This posed challenges for the project team, who had to stop work periodically to prioritize safety. Daily snow removal work, close collaboration with the customer, and proper last-mile planning enabled the project to be constructed safely, and on-schedule.

Gilan Sabatier, Chief Commercial Officer, GE Vernova’s Onshore Wind business said, “We appreciate the confidence that J-POWER continues to show us in choosing our 4 MW class turbine line for their projects in the county. This is their 23rd wind project in the country, and we are committed to helping to ensure the success of their operations to deliver the power needs of Japan, which is a strategically important country in Asia.”

Katsuya Toda, Department Director of Onshore Wind Power Business Dept. of J-POWER said, “J-POWER is proud to announce the implementation of a new Clean Energy Project in Ishikari Hachinosawa as a joint venture with SymEnergy Inc. We thank GE Vernova and everyone who helped make this project a reality. We will continue to provide many clean energy solutions in Japan to achieve the carbon neutrality goals set forth in J-POWER “BLUE MISSION 2050”.”

GE Vernova's onshore wind business has a total installed base of approximately 56,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to customer success for more than two decades, its product portfolio offers proven, next-generation technology that leads with high-power turbines to enable high-quality scale and drive decarbonisation through more affordable and sustainable renewable energy generation. This includes more than 1,200 operational units of its 6 MW platform, the most widely deployed onshore wind turbine among all OEMs offering nameplates above 5 MW.

###

About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses 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. GE Vernova’s Onshore Wind business is a world leader in onshore wind technology. With an installed base of approximately 56,000 turbines around the world, it offers a high-tech product portfolio of turbines for a broad range of site conditions.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

2024 年 6 月 6 日

GEベルノバ

GEベルノバの陸上風力発電事業部門は本日、北海道石狩市にある石狩八の沢ウインドファームに、GEベルノバ製タービンが採用されたことを発表しました。石狩八の沢ウインドファームは、2024年3月から運転を開始しています。日本最大級の電力会社であるJ-POWER傘下の石狩グリーンエナジー株式会社が所有するこの21MWの風力発電所は、GEベルノバ製の4.2-117風力タービン5基を搭載し、一般家庭約7,400世帯分の年間消費電力に相当する電力を供給します。

今回のプロジェクトにより、両社は、経済産業省が「第6次エネルギー基本計画」において策定した、2030年度までに総発電量に占める再生可能エネルギーの発電比率を「36%～38%」に引き上げるという目標を支援します。本プロジェクトはGEベルノバにとってJ-POWERでの2件目の4.2-117風力タービン・プロジェクトであり、2023年初頭の江差風力発電所設備更新事業での運転開始に続き、両社の関係をさらに強化するものです。

GEベルノバ、J-POWER、プロジェクト建設パートナーは、2023年5月に石狩湾新港に風力タービンの主要部品が到着・搬入されて以来、運転開始に向けて緊密に協力してきました。このプロジェクトにおける特殊な課題は、雪への対応でした。石狩は豪雪や猛吹雪に見舞われる地域であり、プロジェクトの試運転中にも激しい雷や落雷を伴うホワイトアウトが発生しました。そのためプロジェクト・チームは、安全を優先させるためにたびたび作業を中断しなければなりませんでした。毎日の除雪作業、お客さまとの緊密な連携、適切な最終計画により、プロジェクトは安全かつ予定通りに進行しました。

GEベルノバの国際陸上風力発電部門のチーフ・コマーシャル・オフィサーであるギラン・サバティエは、次のように述べています。「J-POWERが、本プロジェクトに当社の4MW級タービンラインを継続して採用くださっていることに感謝しています。本プロジェクトは、J-POWERにとって日本における23件目の風力発電プロジェクトであり、当社は、アジアにおいて戦略的に重要な国である日本の電力需要を満たすため、J-POWERの事業が成功するよう尽力しています」

電源開発株式会社陸上風力事業部長の戸田勝也氏は、次のように述べています。「電源開発株式会社は、シン・エナジー株式会社との共同事業として、石狩八の沢で新たなクリーンエネルギープロジェクトを実施できたことを誇りに思います。当プロジェクトの実現に協力くださいましたGEベルノバはじめ皆様に感謝いたします。当社は引き続き、J-POWER “BLUE MISSION 2050” で掲げたカーボンニュートラルの実現に向け、日本で多くのクリーンエネルギーソリューションを提供してまいります」

GEベルノバの陸上風力発電事業部門は、全世界で約56,000基のタービンを設置し、約120GWの設備容量を有しています。20年以上にわたってお客さまの成功をサポートしてきた当社の製品ポートフォリオにより、当社は実績のある次世代技術を提供し、高品質なスケールを可能にする高出力タービンによって、より安価で持続可能な再生可能エネルギー発電による脱炭素化を推進しています。これには、5MW以上の容量を提供するすべてのOEMで最も広く導入されている陸上風力タービンである、6MWプラットフォームの稼働中の1,200基以上のタービンが含まれます。

GE ベルノバ について

GE ベルノバ は世界的なエネルギー企業です。電力、風力、電化部門で構成され、先端研究、コンサルティングサービス、および金融サービスのアクセラレーター ビジネスによってサポートされています。また、GE ベルノバは 130  年以上にわたって世界の課題に取り組んできた経験に基づき、世界の電化を継続すると同時に脱炭素化に取り組むことで、エネルギー転換をリードする独自の立場にあります。さらに、GE ベルノバ はお客様が経済を活性化し、健康、安全、セキュリティ、クオリティ・オブ・ライフの向上に不可欠な電力を供給できるよう支援しています。GE ベルノバ は米国マサチューセッツ州ケンブリッジに本社を置き、世界 100 か国以上に 約75,000人の従業員を擁しています。

GEベルノバの陸上風力発電事業は、陸上風力発電技術の世界的リーダーです。世界中に約56,000基のタービンを設置しており、幅広い立地条件に対応するタービンのハイテク製品ポートフォリオを提供しています。

GEベルノバ（Vernova）のミッションはその名前に刻まれています。長い伝統を表す「GE」を冠することで品質の高さと発明の才を表し、「Ver」または「Verde」は地球の緑豊かな生態系を表しています。「Nova」はラテン語の「novus（“新しい”という意味）」から引用し、低炭素エネルギーがもたらす革新的な新時代を表しています。当社のパーパスである ”The Energy to Change the World” に支えられ、GE ベルノバ はより安価で信頼性が高く、持続可能で安全なエネルギーの未来の実現に貢献します。詳しくは、GE ベルノバのホームページおよび LinkedIn をご覧ください。

In 2009, the United States Department of Energy was seeking a dose of radical thinking. Early that year, its newly created Advanced Research Projects Agency–Energy (ARPA-E) issued an open call for “the most revolutionary energy technologies.” If ARPA-E officials were expecting a steady trickle of ideas from business, academia, and research laboratories, they were wrong. They’d just opened the floodgates.

Changua County, TAIWAN (May 7, 2024) - GE Vernova’s Grid Solutions business (NYSE:GEV), together with TECO Electric and Machinery Co (TECO) celebrated the ground breaking of the ZhangGong Step-up Substation and the YongXing Switchyard in central Taiwan in Changhua County. The substations, owned by Taiwan Power Company will be installed with two units of GE Vernova’s ±200 Mvar STATCOM (Static Synchronous Compensator) systems, following the closure of a deal between the company and TECO in early 2024.

GE Vernova plans to deliver the STATCOM system and transformer solution, while TECO will manage civil work and overall site operations. The STATCOMs installed at these substations, which are connected via a 161 kV transmission line, are intended to facilitate the integration of more renewable energy into the area, as well as other regions in Taiwan, while enhancing the overall stability of Taiwan’s grid.

Changhua County is a key hub for diverse renewable energy projects—solar, wind, and hydro power. Beyond renewables, the county is home to a number of major electronics manufacturers, as well as food processing and agricultural industries.¹ With the increasing proportion of renewable energy, STATCOMs are expected to assume a crucial role in maintaining the stability of power flow within the region.

Mr. Pin Chang, President from Intelligence Energy Business Group of TECO said, “TECO has outstanding electromechanical technology and a proven track record in the field of electromechanical engineering. Through its collaboration with GE Vernova, we can enhance Taiwan's renewable power grid and ensure a more stable electricity supply.”

Shailesh Mishra, Regional Leader for GE Vernova’s Grid System Integration business in Asia Pacific, said, “We are honoured to contribute to Taiwan's renewable energy goals through the deployment of our advanced STATCOM technology. This collaboration with TECO underscores our commitment to sustainable energy solutions that drive positive change on a global scale.”

Renewable energy sources, such as solar and wind power, produce power intermittently. Consequently, when renewable energy sources are not producing power, the power grid can become unbalanced. This volatility can lead to voltage fluctuations that potentially harm equipment and disrupt power supply. Here, the STATCOM, a type of Flexible AC Transmission System (FACTS), comes into play. By regulating voltage and reactive power, the STATCOM ensures the power grid's sustained reliability and efficiency, particularly when utilizing higher amounts of renewable energy.

###

Notes to the Editor

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.

About GE Vernova
GE Vernova (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 80,000 employees across 100+ countries around the world. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn. GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution from the point of generation to point of consumption, and supporting a decarbonized and secured energy transition.

About TECO
https://www.teco.com.tw/en
Founded in 1956 as a motor manufacturer, TECO Electric & Machinery Co., Ltd. has consistently ranked among the top five motor manufacturers worldwide. The company has evolved into a major business group with interests spanning heavy electric equipment, home appliances, information technology, communications, key electronic components and parts, infrastructural engineering, financial investments, dining, and services. Our business operations extend to over 40 countries across the five major continents. In 1995, TECO acquired the Westinghouse Motor Company and renamed it TECO-Westinghouse Motor Company, based in Texas, USA. In 2015, TECO further expanded by acquiring Motovario S.p.A. in Italy, enhancing our product offerings with gear reducers. In recent years, our conglomerate has diversified into renewable energy businesses, such as electric vehicle powertrain systems, offshore wind power on-shore substation construction, and solar power energy storage system construction.

TECO's company vision is energy conservation, emissions reduction, intelligence, and automation, that are applied to the production of the new plants. We have set a ten-year global group goal to achieve a 50% reduction in emissions by 2030. TECO is committed to driving a more sustainable future for our clients and employees.

About TECO Intelligence Energy Business Group
https://tecoie.teco.com.tw/en 
TECO has been actively engaged in the energy industry for several years. In recent times, it has extended its efforts towards developing intelligent systems for energy harvesting, energy storage, and energy management, with a primary focus on three key green energy sectors: solar energy, energy storage, and offshore wind power.

Seoul, South Korea: April 8, 2024 - GE Vernova’s Gas Power business (NYSE: GEV) today announced it has secured an order from Korea Western Power Co.,Ltd (KOWEPO),a subsidiary of Korea Electric Power Corporation (KEPCO), to provide a GE Vernova 7HA.02 gas turbine and a H65 generator for KOWEPO’s power station in Gongju-si, Chungcheongnam-do Republic of Korea. For the project GE Vernova is part of an international consortium, including the Korean engineering, procurement and construction (EPC) company Daewoo E&C.

KOWEPO’s aged coal-fired plant is expected to be replaced with Gongju-si natural gas power generation, expected to reach an output of 500 Megawatts, while enabling future fuel mix combustion of up to 30 percent by volume of hydrogen, subject to the development of a hydrogen manufacturing industry of an appropriate size and scale.

“This power plant will add new capacity, expected to increase power supply security in South Korea while continuing to phase out coal power generation. In addition, it will help expand a more reliable deployment of renewable energy resources in our country as we’ll be more capable to dispatch power quickly in response to grid fluctuations,” said a representative from KOWEPO. “The new power plant will be capable to operate on up to 30% hydrogen by volume, in line with the national goal to deploy renewables and green hydrogen at large scale and achieve carbon neutrality by 2050.”

The new power plant targets to begin operation in 2027. Switching from a coal plant to its gas equivalent can alone reduce carbon emissions by as much 60 percent, and lower emissions levels for other pollutants such as mercury, NOx, SOx and particulate matter, when using one of the most advanced of GE Vernova’s HA gas turbines.

“In a country with an increasing power demand due to planned coal-fired power plant retirements, we are proud to support a lower-carbon future in Korea,” said Ramesh Singaram, President and CEO GE Vernova’s Gas Power in Asia. “We are committed to providing KOWEPO with our advanced gas turbine technology to accelerate coal phase-out and support an increase in the share of renewables as we work towards lower-carbon gas-based power generation with hydrogen. Once in operation, Gongju-si power plant is expected to be among the most efficient and flexible power plants in the country.”

GE Vernova is a major player in power generation in South Korea. GE Vernova ’s gas turbines (simple and combined cycle) in the country have the capacity to generate more than 14 Gigawatts of electricity with an installed base of over 78 units. The company has been present in South Korea since 1976, working closely with local companies to support the country’s growth in the energy sector. In 2015, GE Vernova undertook a large-scale manufacturing plant investment in Changwon, South Korea, by acquiring Doosan’s HRSG business.

###

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.