Roger Martella, GE Vernova’s chief corporate officer and chief sustainability officer, used to tell the story of the company by starting in the past. He felt the weight of history as he made his way to work each morning, remembering how Thomas Edison built the world’s first commercial power plant on Pearl Street in Manhattan, a small coal-fired station that powered more than 10,000 incandescent lamps, before founding the General Electric Company in 1892.
GE Vernova Hitachi and Velan expand collaboration to support BWRX-300 small modular reactor deployment in Europe
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Agreement builds on experience gained at western world’s first SMR under construction at Darlington, Ontario and strengthens the supply chain for future European projects
PARIS (June 17, 2026) — GE Vernova Hitachi Nuclear Energy (GVH) and Canadian manufacturer Velan today announced a collaboration to explore opportunities for Velan to supply Reactor Integral Isolation Valves (RIIV) and Containment Isolation Valves (CIV) for GVH's BWRX-300 small modular nuclear reactor (SMR) projects in Europe. These valves are critical components that help control coolant flow, support safe reactor operation, and contribute to the long-term reliability and performance of the plant. The agreement was signed at GE Vernova's offices in Paris in the presence of The Honourable Stephen Lecce, Ontario's Minister of Energy and Mines.
The agreement builds on the expertise and capabilities being developed through the companies' work on the Darlington New Nuclear Project (DNNP) in Ontario, Canada, where Velan is supporting deployment of the first BWRX-300. As countries across Europe look to strengthen energy security, meet growing electricity demand, and advance decarbonization goals, GVH is pursuing SMR opportunities in multiple countries, including in Poland where GVH and Orlen Synthos Green Energy (OSGE) are executing site-specific engineering and development activities to support the deployment of at least 24 BWRX-300 units.
"One of the key advantages of fleet deployment is the ability to apply experience from early projects to those that follow," said Amir Mujezinovic, Strategy Leader, GE Vernova Hitachi Nuclear Energy. "Our work with Velan at Darlington has helped establish capabilities that can support future BWRX-300 opportunities in Europe. As we work with customers across the region, we remain committed to maximizing local participation while leveraging proven suppliers and expertise from projects already underway."
The BWRX-300 is a 300-megawatt SMR designed to provide reliable, carbon-free electricity. Ontario Power Generation (OPG) is currently deploying the technology at its Darlington site, making it the first commercial-scale SMR under construction in the western world.
"The valve package represents some of the most critical equipment within a nuclear power plant, essential to safe and reliable operation and requiring specialized engineering, manufacturing, and stringent quality standards," said Laurent Pefferkorn, Executive Vice-President, Global Sales, Velan. "Building on our experience supporting the Darlington New Nuclear Project backed by more than seven decades of nuclear expertise, Velan is uniquely positioned to support GE Vernova Hitachi as a partner of choice in enabling future BWRX-300 deployments in Europe.”
The Province of Ontario has supported development of a globally competitive nuclear supply chain through investments in the Darlington New Nuclear Project and the broader nuclear sector.
"When Ontario committed to building the Western world's first Small Modular Reactor, we did so to secure a first-mover advantage for our workers, supply chain and industrial base,” said Stephen Lecce, Minister of Energy and Mines. “By signing this agreement with GE Vernova Hitachi and Velan, Ontario will build and export Ontario-made nuclear components for Europe’s growing SMR market. With more than $600 billion in global SMR investment expected in the decades ahead, our government is firing up the Ontario supply chain helping create good-paying jobs for Canadians."
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About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.
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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Amir Mujezinovic, Stephen Lecce and Laurent Pefferkorn
Image credit: GE Vernova Hitachi
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How a New Generation of Field Engineers Is Helping Keep Power Running
Fifteen years ago, the world’s power grids were starting to change fast. As coal plants retired and renewables expanded, power systems needed technology that could deliver both flexibility and scale. GE Vernova’s H-class gas turbine was built for that moment, and its record-breaking combined-cycle efficiency helped make it the fastest-growing fleet in its class.
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Made in Salzbergen: Why Germany’s Wind Future Depends on Reliable Execution
The conditions for building new wind projects in Germany are evolving rapidly. Developers are working within a sophisticated landscape of auction tariffs and evolving regulations. Planning reforms have helped bring more permits into the industry, but auction volumes have not always kept pace. This environment rewards precision and high-level coordination.
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Vision at Work: Meet Three Energy Leaders of Today and Tomorrow
With demand for electricity rising fast, expanding access to power while reducing emissions is becoming more urgent. Getting there will require new systems, new ways of working, and, most importantly, people who can bring it all together.
On April 22, as the world marked Earth Day, 15 GE Vernova employees gathered at the New York Stock Exchange to ring the opening bell. They represented thousands working across regions, roles, and technologies, united by a shared mission to electrify the world while building a more sustainable energy future.
GE Vernova announces new wind turbine orders from BBWind and Greenvolt Power in Germany
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Companies will use GE Vernova’s workhorse turbines to support German onshore wind expansion
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Deals reinforce GE Vernova’s longstanding relationship with BBWind and new collaboration with Greenvolt Power
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Projects leverage GE Vernova’s engineering and manufacturing excellence in Salzbergen, Germany
MADRID, SPAIN (April 23, 2026) - GE Vernova’s Wind segment announced today that it has secured agreements to supply 71.5 MWs of onshore wind turbines to BBWind and Greenvolt Power for various projects across Germany. The deals, which were booked in the Q4 of 2025, represent a significant milestone in GE Vernova’s commitment to supporting Germany’s energy transition.
The agreements include the latest milestone in GE Vernova’s collaboration with BBWind, a Muenster-based developer specializing in regional community wind projects. Additionally, the deal with Greenvolt Power underscores GE Vernova’s growing footprint in the German market as a preferred technology partner for large-scale renewable energy developers.
GE Vernova’s Wind segment has a robust manufacturing presence in Germany, anchored by its 70,000 square meter facility in Salzbergen. The site, which manufactures machine heads, drive trains, and hubs, is central to the company’s ability to provide its workhorse turbines to customers across Europe and Asia.
Germany, which installed approximately 4.6 GW of onshore wind in 2025, has a national goal of generating 80 percent of its electricity from renewable resources by 2030.
Gilan Sabatier, GE Vernova’s Chief Commercial Officer for onshore wind, international markets said, “We are proud to deepen our relationship with BBWind and embark on this significant volume of work with Greenvolt Power. These orders for over 70 MWs demonstrate the trust our customers place in our workhorse turbines to deliver reliable, renewable energy. With our manufacturing hub in Salzbergen, we are uniquely positioned to support Germany’s ambitious wind energy goals with locally produced technology.”
Michael Schlüß of BBWind, said, “The continued cooperation with GE Vernova is a testament to the reliability and performance of their technology in the community wind sector. By expanding our portfolio with these new orders, we continue to ensure that local communities remain at the heart of Germany’s energy transition.”
GE Vernova's Wind segment has a total installed base of approximately 59,000 turbines and more than 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers next-generation high-powered turbines that support global decarbonization efforts.
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 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 to supply workhorse wind turbines for Santa Maria de las Fuentes Wind Farm in Spain
MADRID, SPAIN (April 20, 2026) - GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement to provide 15 of its 6.1 MW-158m* workhorse wind turbines to power the Santa Maria de las Fuentes wind farm in Spain, developed by Renovalia. The deal, which was booked in the fourth quarter of 2025, further strengthens GE Vernova’s commitment to supporting Spain’s transition to renewable energy.
Spain has a goal of installing 62 GW of wind in the country by 2030, part of its plan to generate over 80 percent of its electricity from renewable resources by the end of the decade.
GE Vernova has a strong presence in Spain, accounting for approximately 6 GW of the country’s wind capacity. The company also maintains a significant manufacturing footprint in the region, including facilities in Toledo, Ponferrada, and Castellón, as well as an engineering center of excellence in Barcelona, all of which play a critical role in supporting the European wind market.
Gilan Sabatier, GE Vernova’s Chief Commercial Officer of onshore wind, international markets, said, “We are pleased to announce this latest agreement for the Santa Maria de las Fuentes wind farm. Our workhorse turbines are well-suited to the wind conditions found across Spain, providing the reliability and performance necessary as our customers look to meet rising energy demand, bolster energy security, and achieve ambitious decarbonization targets.”
José Manuel Olea, CEO of Renovalia, said: “The Santa María de las Fuentes wind farm represents another significant step forward in our vision to be a leading platform in the renewable energy sector. This partnership with GE Vernova allows us to implement advanced technology that optimizes clean energy production while contributing to the stability of the national grid. We remain committed to developing projects that not only meet environmental targets but also drive economic growth and sustainability in the regions where we operate.”
The Santa Maria de las Fuentes project joins a growing list of Spanish wind farms utilizing GE Vernova’s 6.1 MW platform, which is designed to provide high-quality, affordable, and sustainable renewable energy at scale.
GE Vernova's Wind segment has a total installed base of approximately 59,000 turbines and more than 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers next-generation high-powered turbines that support global decarbonization efforts.
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*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, 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 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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Two Years In, GE Vernova Is Reshaping the Energy Future
The world’s demand for energy is growing at a pace that’s increasingly difficult to match — and two years into its journey as a standalone company, GE Vernova is meeting the challenge head-on. The company is helping energy customers find reliable, cost-effective solutions for today that can be quickly scaled to meet the needs of tomorrow. Here are just a few of them.
Electrifying the Future of Data Centers and AI
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GE Vernova Hitachi Nuclear Energy and AFRY to collaborate in the deployment of the BWRX-300 small modular reactor
STOCKHOLM (April 7, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) today announced that it has entered into a Main Services Agreement (MSA) with AFRY, a leading Swedish engineering, project management and advisory company, to support the deployment of its BWRX-300 small modular reactor (SMR) technology.
Through this non-exclusive collaboration, AFRY will deliver engineering and advisory services that leverage its deep sector knowledge, regional expertise and extensive presence across Europe. The collaboration is expected to enable Swedish industries to participate in high-value opportunities linked to the growing European and global SMR market.
“This agreement reflects our commitment to building a strong Swedish and European industrial ecosystem around the BWRX-300, going beyond reactor technology to enable long-term collaboration, local capability development and regional value creation,” said Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy. “Sweden has a strong industrial base and world-class engineering capabilities, and by working with AFRY we are reinforcing our ability to deliver the BWRX-300 while enabling local industry to play a meaningful role in Europe’s energy transition.”
“Through the collaboration with GE Vernova Hitachi, we aim to help position Sweden as a key hub in the future SMR value chain as well as advancing Sweden’s nuclear power program,” said Elon Hägg, EVP and Head of Global Division Energy at AFRY. “This collaboration connects local expertise with international reach and supports the delivery of reliable, low-carbon energy solutions.”
By combining GVH’s proven BWRX-300 technology and global project experience with AFRY’s sector-engineering strength, the collaboration is designed to support efficient, repeatable, and scalable deployment across multiple projects in Europe. In addition to engineering work, AFRY will also support GVH in the development of a license application for the BWRX-300 to the Swedish Radiation Safety Authority (SSM).
Momentum around the BWRX-300 continues to build globally. The first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first small modular reactor in the Western world. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments, and others, support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.
About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi Ltd., is a world-leading provider of nuclear services and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.
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
© 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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Linda Pålsson, President and CEO, AFRY; and Jason Cooper, CEO, GE Vernova Hitachi
Image credit: GE Vernova Hitachi
From left to right: Fredrik Vitaback, Sales Executive, GE Vernova Hitachi; Linda Pålsson, President and CEO, AFRY; Jason Cooper, CEO, GE Vernova Hitachi; and Elon Hägg, EVP and Head of Global Division Energy, AFRY
Image credit: GE Vernova Hitachi
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How Storms, War, and Surging Demand Are Forcing a Rethink of the World’s Power Grids
In the early hours of October 25, 2023, residents of Acapulco watched Hurricane Otis gather strength offshore. Forecasts had suggested a manageable storm. Instead, within less than 12 hours, Otis intensified from a Category 1 to a Category 5, with gusts exceeding 165 miles per hour.
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