Hammerfest, Norway (May 21, 2025) – GE Vernova Inc. (NYSE: GEV) today announced the forthcoming deployment of two high-voltage 420 kV sulfur hexafluoride - free (SF₆-free) gas-insulated substations (GIS) for Statnett SF, Norway’s Transmission System Operator (TSO), and Equinor ASA. Awarded in the fourth quarter of last year, the contract covers the design, supply, and installation of GIS units at Skaidi and Hyggevatn as part of Statnett’s 420 kV transmission line project—an important milestone supporting Norway’s energy transition and decarbonization effort.

The Skaidi substation involves upgrading the existing facility, while the Hyggevatn substation will be a completely new installation. Together, they aim to modernize Norway’s electrical grid, increase capacity, and electrify Melkøya Island, home to Equinor’s Snøhvit gas field and Hammerfest LNG plant. This initiative aligns with Statnett’s and Equinor’s commitment to achieving a sustainable energy transition while reducing greenhouse gas emissions.

The design of these next-generation substations will be based on GE Vernova’s g³ technology, which replaces SF₆ gas, a potent greenhouse gas commonly used in high-voltage equipment. The g³ technology is part of GE Vernova’s GRiDEA portfolio, a suite of decarbonization solutions that empower grid operators to meet their net-zero objectives. Launched in 2014, g³ gas shows an approximately 99% reduction in greenhouse gas contribution to global warming compared to SF₆, supporting the energy sector’s decarbonization goals.

Driving decarbonization of the grid across Europe

“This project in Norway is the latest of many contracts that we have signed for our new SF₆-free 420 kV T155g GIS since our first one in Scotland in 2020. GE Vernova’s g³ product portfolio has experienced strong commercial growth since the launch of our first SF₆-free product, underscoring the trust placed in g³ by over 60 utilities in Europe and Asia,” said Eric Chaussin, Power Transmission Business Leader at GE Vernova’s Electrification segment. “This marks another important milestone in our journey to electrify and decarbonize the world’s grids. We are proud to support the climate ambitions of Norway.”

GE Vernova’s g³ technology roadmap covers a wide range of voltage levels, from 72.5 kV up to 550 kV. The EU Commission LIFE Programme recognized the potential of this innovative technology by co-funding the development of the SF₆-free 420 kV GIS interrupter under the "LifeGRID" project. The g³ technology is now enabling utilities to take immediate action to reduce the carbon footprint of their high-voltage power grids, supporting their decarbonization goals.

Statnett’s Skaidi and Hyggevatn substations are expected to become operational by 2029. GE Vernova has a  track record of successful GIS Substations in Norway, including in Oslo Smestad, Sogn, and Hamang.

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

The peculiar machine described in the 1920 issue of GE Review — essentially a giant engine designed to produce no mechanical power — seems like nothing more than a charming relic from the early years of electrification.

America’s demand for electric power is surging and, with it, the need to move electrons around the country. Nowhere is that trend more tangible than at GE Vernova’s Grid Solutions factory in Charleroi, Pennsylvania, a sprawling 332,000-square-foot facility that has been making high-voltage instrument transformers and high-voltage circuit breakers, key components of the electric grid for more than three decades.

Before being accepted to the Indian Institute of Science, Rajib Datta contemplated a career as a fine artist. “I was good at math and physics, so I knew engineering or science was probably in my future,” he says. But he felt equally adept in the field that he’d pursued since childhood. A natural draftsman and painter, Datta still executes figurative works and sketches today, and now senses a resonance between visual art and his pioneering work with GE Vernova in the field of power electronics.

TEXAS, US (March 25, 2025) - As utilities worldwide confront growing challenges in grid security, modernization, and reliability, GE Vernova has released a series of whitepapers offering practical strategies to strengthen energy systems. Launched during DISTRIBUTECH 2025 in Dallas, Texas, these whitepapers provide global grid operators with insights into cybersecurity, digitalization, automation and artificial intelligence (AI) strategies—all critical for ensuring a secure, resilient, and future-ready energy network.

Why grid reliability and automation are more crucial now than ever

The world is entering a new age of electricity, where AI-driven data centers, electrified transport, and industrial automation are reshaping energy demand. This shift is putting immense pressure on grids, forcing utilities to rethink their approach to resilience and efficiency. At the same time, energy grids have become prime targets for sophisticated cyberattacks. To respond, utilities must adopt scalable, software-based solutions that have the power to revolutionize the grid—enhance reliability without costly hardware overhauls, ensuring secure remote access and substation resilience, optimizing grid utilization, unlocking new economic opportunities, and more.

GE Vernova’s latest whitepapers provide actionable guidance to help utilities navigate these pressing challenges  to help secure their networks and achieve a grid fit for the future.

Key Focus Areas in the Whitepapers

1. Modernizing with Virtualized Protection, Automation & Control (VPAC)

Utilities are facing a fundamental shift in how protection and control systems are managed. Traditional hardware-dependent protection systems are struggling to keep up with evolving grid complexities, making virtualization an essential tool for modern utilities. GE Vernova’s research explores:

• Unlocking Resilience & Scalability with Virtualized Software-Defined Substation Solutions – GE Vernova’s study explores how virtualization can replace cumbersome hardware dependencies, reduce operational costs, and enable seamless remote upgrades—ushering in a new era of flexible, software-driven grid management. Download  here.

2. Strengthening Grid Cybersecurity

The power grid is no longer just an engineering challenge—it’s a security imperative. These grids remain prime targets for cyberattacks, with legacy systems and digital substations often serving as vulnerable points. Two whitepapers focus on:

• Secure Remote Access Solutions – Many grid assets were never designed for remote operation, making them highly vulnerable to cyberattacks. This whitepaper outlines next-generation access control strategies to safeguard legacy infrastructure while enabling seamless modernization. Download  here.
• Substation Cyber Resilience – Digital substations are revolutionizing grid management, but they also introduce new risks. This whitepaper explores multi-layered cybersecurity strategies that strengthen defenses, minimize attack surfaces, and protect against sophisticated grid disruptions. Download  here.

3. Empowering Intelligent Grids With AI

• The energy landscape is rapidly transforming, and utilities are facing unprecedented challenges driven by the integration of renewable energy sources, increasing grid complexity, and the need for enhanced resilience against cyber threats and extreme weather events. Traditional grid management approaches are proving inadequate in addressing these dynamic challenges. This whitepaper—part of a series of four—delves into the pivotal role that AI can play in revolutionizing grid management. Download here.

Showcasing Innovation at DISTRIBUTECH 2025

At DISTRIBUTECH 2025 in Dallas, Texas, GE Vernova is showcasing its latest advancements in grid digitization and automation technologies, providing real-world solutions for grid reliability, security, modernization and orchestration. Experts will be on-site at Booth Number 3223 to discuss the insights from the whitepapers and demonstrate how advanced digital and automation solutions can help utilities build a more resilient and future-proof power network.

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

QUEENSLAND, AUSTRALIA (Nov 26, 2024) – GE Vernova Inc. (NYSE: GEV) today announced it has secured a contract from Powerlink, Queensland’s state-owned transmission utility, to supply essential equipment for their upcoming Capital Work program. Under this agreement, GE Vernova will deliver 69 Dead Tank Circuit Breakers (DTCBs) rated 245 kV and above, supporting Queensland’s renewable energy targets and enhancing power infrastructure resilience.

Powerlink is responsible for building and maintaining Queensland’s high-voltage transmission network and connecting renewable energy sources across the State. Their work is central to Queensland’s commitment to renewable energy, with targets of 70% by 2032 and 80% by 2035, as it facilitates the integration of renewable energy into the grid to support economic growth and sustainability.

Enhancing Grid Reliability with Dead Tank Circuit Breakers

Dead Tank Circuit Breakers (DTCBs) play a crucial role in maintaining stable power transmission by protecting the grid from electrical faults, ensuring continuity of energy flow and minimizing disruptions. They are like powerful “off switches” for the grid, automatically isolating sections of the network during faults or overloads to keep electricity flowing smoothly and protect the system from potential damage.

These devices are especially important for energy transition efforts, as they enable the reliable integration of renewable energy sources, which can be challenging without stable and resilient transmission infrastructure. Without equipment like DTCBs, reliably evacuating renewable energy from generation sites to end-users would be difficult, as fluctuations could disrupt the grid.

GE Vernova’s Dead Tank Circuit Breaker technology is recognized for its reliability and scalability, making it a strong choice for projects that require resilient and high-performance transmission solutions. With approximately 100,000 units installed globally, GE Vernova’s Grid Solutions business has built a trusted legacy of delivering advanced circuit breaker solutions that support renewable energy integration and energy security efforts worldwide.

Scheduled for delivery between August 2025 and March 2026, the DTCBs will be manufactured by GE Vernova’s Grid Solutions business at its factory in Suzhou, China. This global supply chain approach enables timely and efficient delivery to meet the needs of complex, large-scale projects.

Continuing a Successful Track Record with Powerlink

This latest contract builds upon GE Vernova’s longstanding partnership with Powerlink, which includes prior collaboration on localizing DTCB production at GE Vernova’s Suzhou, China facility—an initiative that significantly improved lead times and addressed global supply chain challenges for critical electrical equipment.

The official signing ceremony was attended by Paul Simshauser, CEO of Powerlink and Yeow Keong Lim, Asia Pacific Region Leader for GE Vernova’s Power Transmission business.

Paul Simshauser, CEO of Powerlink, said, “Our commitment to reliable and efficient energy transmission is furthered by partnering with GE Vernova to equip our network with advanced grid technology. This contract will help ensure that Powerlink’s infrastructure can support the ambitious goals of Queensland’s renewable energy investors.”

Yeow Keong Lim, Asia Pacific Region Leader for GE Vernova’s Power Transmission business, added, “We are honored to collaborate with Powerlink on their Capital Work project. This contract highlights GE Vernova’s commitment to providing high-quality, next-generation solutions that support renewable energy transition. Our power transmission equipment are engineered to meet the highest standards of reliability and performance, reflecting our commitment to safe and dependable electrification. We remain dedicated to supporting Australia’s transition to a sustainable energy future through advanced technology that reinforces grid resilience and reliability.”

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Notes to Editors:

Forward Looking Statements

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

About Powerlink

Powerlink is a leading Australian provider of high voltage electricity transmission network services, combining innovation with insight to deliver safe, cost effective and reliable solutions.

Powerlink is a Government Owned Corporation that owns, develops, operates and maintains the high voltage electricity transmission network in Queensland. Powerlink’s network extends 1,700 kilometres (km) from Cairns to the New South Wales border, and comprises 15,449 circuit km of transmission lines and 152 substations.

Powerlinks purpose is to connect Queenslanders to a world-class energy future, providing electricity to more than five million Queenslanders and 241,000 businesses.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s 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.

Media Contact – GE Vernova

Anshul Madaan

GE Vernova

Media Relations

Anshul.madaan@ge.com

+91 8377880468

Paris, France (Aug 28, 2024) – GE Vernova Inc. (NYSE:GEV) today announced the launch of its latest innovation, FACTSFLEX GFMe, an advanced Flexible Alternating Current Transmission System (FACTS) solution aimed at strengthening power grids and facilitating the increased use of renewable energy sources.

FACTSFLEX GFMe combines GE Vernova’s STATCOM technology with advanced supercapacitors to stabilize the grid more effectively by enabling active power via energy storage. This combination allows rapid response to grid disturbances on the grid, which is especially important in areas with weaker infrastructure or high levels of renewable energy. By improving grid stability, FACTSFLEX GFMe supports the reliable operation of power systems and helps drive the global shift toward cleaner energy. The solution is now available globally.

“Our grid is undergoing its most significant transformation in over a century, driven by the rise of renewable energy sources like solar and wind,” said Johan Bindele, Leader of Grid Systems Integration business at GE Vernova. “This transformation brings new challenges, particularly the intermittent nature of renewables, which can lead to voltage fluctuations and grid instability. With FACTSFLEX GFMe, we are introducing a solution that leverages supercapacitor technology alongside our STATCOM systems to re-create the inertia which is being lost through the retirement of traditional thermal power generation, ensuring stable and reliable grid operations as we transition to a cleaner energy future.”

How FACTSFLEX GFMe works?

Beyond its reactive power compensation capabilities, FACTSFLEX GFMe employs supercapacitor-based energy storage to emulate inertia by injecting or absorbing active power. This allows grid operators more advanced options to automatically and instantly support the stability of the grid. The system is based on a double star configuration, enabling high voltage energy storage integration. This modular and scalable solution is adaptable to meet the varied needs of different projects.

FACTSFLEX GFMe offers superior voltage and active power performance compared to battery-based options. Active power is scalable, with a typical rating of 150 MW for several seconds. Reactive power capabilities can be tailored to customer requirements, with continuous ratings of typically around 300 Mvar.

In addition to FACTSFLEX GFMe, GE Vernova’s STATCOM portfolio, recently rebranded FACTSFLEX STATCOM, also includes

FACTSFLEX Classic, GE Vernova’s original STATCOM solution with an extensive and proven install base

and FACTSFLEX GFM, a grid-forming STATCOM that provides instantaneous natural reactive power injection for grid disturbances for advanced grid stability.

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Notes to Editors:

Complete portfolio of FACTSFLEX can be found here.

Forward Looking Statements

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

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s 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.

PARIS, France (Aug 27, 2024) – GE Vernova and Systems With Intelligence (SWI) signed a memorandum of understanding (MoU) today at the CIGRE event in Paris to develop advanced substation monitoring solutions. Through this collaboration the companies aim to integrate technologies like gas sensing, bushing monitoring and infrared thermography, along with AI and ML. The goal is to advance grid asset management by integrating SWI's cutting-edge infrared thermography and touchless monitoring systems with GE Vernova’s Grid Automation business's expertise in monitoring & diagnostic solutions of grid assets.

The initial focus of this collaboration will be on substation monitoring, where the companies will integrate their leading technologies to deliver converged monitoring and diagnostic intelligence, significantly enhancing asset management capabilities. This could streamline monitoring for utilities and Transmission System Operators (TSO’s), enabling earlier issue detection and leading to a more reliable, efficient, and stable power grid.

"Today’s asset managers are flooded with data from a myriad of sensing devices provided by various vendors. This often leads to fragmented data silos, requiring multiple software tools to manage and analyze the data independently," said Graham McGuigan, Product Line Leader for Monitoring & Diagnostics at GE Vernova. "Our collaboration with SWI is a step towards unifying these data streams into a more cohesive and intelligent monitoring system."

Angelo Rizzo, President and CEO of SWI, added, "By combining different sensing techniques, we can create solutions that offer enhanced diagnostic intelligence while simplifying the user experience. This collaboration is a significant move towards achieving that goal."

The first tangible outcome of this collaboration will be the integration of SWI’s fixed infrared sensors into GE Vernova’s DGA 900 Plus, a state-of-the-art multi-gas transformer monitoring system that monitors the health of power transformers by detecting early signs of problems and helps prevent transformer failures, ensuring a reliable and efficient power supply. This enhanced new solution, expected to be commercially available in early 2025, will allow asset managers to incorporate infrared thermography directly within the DGA 900 Plus platform, which already includes capabilities for dissolved gas analysis, bushing monitoring, and predictive modeling.

Looking ahead, GE Vernova and SWI plan to expand their collaboration to include the integration of SWI’s pan/tilt substation-level infrared sensors within GridBeats^TM Asset Vision substation monitoring solution, further advancing the capabilities of electrical grid asset management. GridBeats^TM is GE Vernova’s Grid Automation business’s portfolio of software defined automation solutions for grid digitalization.

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

About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova’s 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 Systems With Intelligence
Systems With Intelligence Inc. is a global provider of Touchless™ monitoring solutions for electric utility applications. SWI systems collect and analyze the data that allows utilities to increase safety and reliability while reducing operating costs. Coupling thermal monitoring and visual imaging technology with advanced analytic algorithms, Systems With Intelligence solutions automate remote site monitoring.

Systems With Intelligence products are engineered to operate in the harshest environments and withstand high levels of electromagnetic interference, static discharge, and voltage surges found in industrial applications to ensure uninterrupted operation. Providing a monitoring system that operates reliably and connects seamlessly allows customers to remain focused on their operations.

The Systems With Intelligence management and technical teams are comprised of professionals with extensive experience in advanced technology for mission-critical applications in harsh environments. With domain expertise in substation and industrial automation, communications, and utility operations, the team is uniquely positioned to deliver effective and intelligent monitoring solutions.

For more information, visit the company's official website at www.SystemsWithIntelligence.com.