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Gas Power

Hawaiian Electric orders GE Vernova aeroderivative packages to help Hawaii’s power remain stable and uninterrupted

4 min read
  • Six of GE Vernova’s LM6000VELOX aeroderivative gas turbine packages ordered to modernize Waiau Power Plant in O'ahu, Hawaii.

  • Multi-phase project to replace aging steam turbines, advancing the state’s emissions reduction goal 

  • High-efficiency, fuel-flexible technology to be deployed within the existing plant footprint, reducing community impact while enhancing grid stability.

HONOLULU, (July 20, 2026) – GE Vernova Inc. (NYSE: GEV) today announced it has secured a contract with Hawaiian Electric (HECO), the electric public utility in Hawaii, to supply six LM6000VELOX* aeroderivative package units to repower the aging oil-fired steam turbines at its Waiau Power Plant facility in Pearl City, O’ahu. The project is currently on schedule for the first two units to be in commercial operation in 2029, with subsequent units coming online in phases.

These smaller and more efficient aeroderivative turbine units will replace assets ranging from 58 to 67 years old that are currently slated for retirement. Upon completion, this project is expected to add over 250 megawatts (MW) of firm power to the grid, helping ensure reliable service when variable renewable resources like wind and solar are unavailable. 

“The project will repower the facility with proven, fuel-flexible and modern technology,” said Mike DeCaprio, Hawaiian Electric Vice President of Power Supply. “This represents the most significant modernization of the O‘ahu generation infrastructure in decades and it will strengthen the reliability and resilience of our system while supporting the integration of more renewable resources like solar and energy storage.” 

To achieve this, Hawaiian Electric selected GE Vernova’s LM6000VELOX aeroderivative solutions to provide the precise operational flexibility required for the modern Hawaiian grid.

"We are proud to support HECO in their mission to provide fast, reliable, and more sustainable power to the people of Hawaii. Because Hawaii’s energy grid is isolated and cannot rely on continental interconnections for emergency support, the need for rapid-response capability is paramount,” said Dave Ross, CEO of GE Vernova's Gas Power business in the America’s pole. “By deploying our aeroderivative units, HECO gains the benefit of efficient and modular power assets that can transition from a cold start to full load in under 10 minutes. This jet engine-derived technology is uniquely suited to balance the variable nature of renewable energy, helping to ensure grid stability when it is needed most."

GE Vernova’s aeroderivative packages can operate on a variety of liquid fuels, including biofuels produced locally, and can be converted to run on liquefied natural gas if it becomes available. The project will utilize the current land footprint of Waiau Power Plant and reuse much of the existing infrastructure, which reduces cost and community impact. 

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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.

Financial editors: this order was booked in the second quarter of 2026.

© 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 expands Advanced Research Center to accelerate the future of energy innovation

6 min read
  • Expanded facility will help accelerate energy innovation and next-generation technology development

  • New research space is expected to support 75 additional jobs and strengthen the Capital Region’s innovation ecosystem

NISKAYUNA, NY, July 16, 2026 – GE Vernova Inc. (NYSE: GEV) today hosted the grand opening of its expanded Advanced Research Center Frontier Campus in Niskayuna, New York, marking an important milestone in the company’s long-term strategy to advance energy innovation and develop technologies that support a more reliable, affordable, and secure energy future.

The expanded campus is part of a broader investment of more than $110 million by GE Vernova and the State of New York and is expected to create 75 new research positions. GE Vernova has invested nearly $100 million in the new center, with additional support including $9.635 million in tax credits from the State of New York through Empire State Development (ESD) and an additional $6M in funding from the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) program that contributes to site improvements along River Rd. in Niskayuna. The facility adds new lab, testing, and collaboration space designed to help accelerate breakthrough technologies, deepen collaboration with customers and partners, and strengthen the Capital Region’s role as a hub for energy innovation.

“Meeting the world's growing demand for electricity will require breakthrough innovation at an unprecedented pace, and that is the fundamental goal of this best-in-class facility” said Scott Strazik, Chief Executive Officer of GE Vernova. “These investments and new jobs reinforce our commitment to serving as an industry leader by bringing together exceptional talent, cutting-edge research, and close collaboration with customers to build the technologies powering the future.”

The Frontier Campus is designed to give customers, researchers, government stakeholders, and collaborators a closer look at how advanced research can move from concept to practical application. During the grand opening, guests toured six featured technology stops that reflect the breadth of GE Vernova’s research efforts and their relevance to real-world energy and industrial needs.

Those technologies included Direct Air Capture, where guests saw a research unit designed to capture carbon dioxide directly from the atmosphere using a sorbent-based process; AirJoule, a joint-venture created technology that captures water vapor from air and converts it into high-purity distilled water for potential industrial, cooling, and drinking water applications; and a wing-to-wing data center power simulation, an interactive simulation and testing platform designed to help utilities and technology providers manage rapidly growing data center power demand while supporting grid reliability.

"GE Vernova has been a long-standing partner in New York's efforts to build a stronger, more affordable and more reliable energy future," Governor Hochul said. "Their continued investment in the Capital Region is helping drive innovation, create good jobs and advance the technology we need to power our state and our economy for the long term."

Additional tour stops featured Robotics and AI-based Inspection, where robotic assistants and AI-enabled systems demonstrate new ways to improve safety, maintenance, quality, and productivity; materials science for advanced manufacturing, highlighting inspection and discovery tools that can improve the efficiency, durability, and performance of next-generation energy technologies; and advanced power conversion technologies including solid-state transformers and the requisite next generation controls and advanced cooling technologies, enabling a power electronics-based technology that can offer greater flexibility, resilience, and control for future grid networks.

Together, these displays were designed to show that the work happening at GE Vernova’s Advanced Research Center; focused on practical technologies that can help address rising electricity demand, strengthen infrastructure, improve industrial productivity, support decarbonization, and enable a more resilient energy system.

“The Frontier Campus gives our teams the space, tools, and collaborative environment they need to translate advanced research into practical technologies,” said Dave Vernooy, Vice President of GE Vernova’s Advanced Research Center. “What is happening here is about more than science alone. It is about building solutions that can help address some of the most important energy and industrial challenges ahead.”

The grand opening included remarks from GE Vernova leadership and government representatives, a ribbon-cutting ceremony, and guided tours of the new facility and featured technologies.

GE Vernova is making substantial long-term investments in growth and innovation across its businesses, including approximately $11 billion in combined capital expenditures and research and development from 2025 through 2028 to support manufacturing capacity, grid solutions, and next-generation technologies.

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 100+ countries around the world.

GE Vernova’s Advanced Research segment is an innovation powerhouse, operating at the intersection of science and creativity to turn cutting edge research into impactful realities. Advanced Research collaborates with GE Vernova’s businesses across a broad range of technical disciplines to accelerate the energy transition.

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© 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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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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Investor Relations

GE Vernova to announce second quarter 2026 financial results on July 22

2 min read

CAMBRIDGE, Mass. (July 7, 2026) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its second quarter 2026 financial results on Wednesday, July 22, 2026, before market open. GE Vernova CEO Scott Strazik and CFO Ken Parks will discuss the company’s financial results in a webcast at 7:30 AM ET, which can be accessed at https://www.gevernova.com/investors/events.

The earnings press release and supplementary financial information, including reconciliations of non-GAAP financial measures, will also be posted at the same link on the GE Vernova Investor Relations website. A replay of the call will be made available as a direct download on GE Vernova’s website at www.gevernova.com/investors/events.

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the company posts information from time to time.

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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.

© 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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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. 

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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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Gas Power

GE Vernova secures H-class equipment order for EVN’s Quang Trach II LNG Power Plant in Vietnam

5 min read
  • GE Vernova to supply two 9HA.02 gas turbines and two H78 generators for EVN’s Quang Trach II LNG Power Plant

     

  • The new combined-cycle power plant is expected to generate more than 1.6 gigawatts (GW) of electricity, with commercial operations expected by 2030

  • Announcement comes as GE Vernova’s HA gas turbine fleet surpasses 4 million commercial operating hours worldwide

HANOI, Vietnam - June 23, 2026 – GE Vernova Inc. (NYSE: GEV) today announced it has secured an order for two 9HA.02 gas turbines and two H78 generators for Vietnam Electricity’s (EVN) Quang Trach II LNG Power Plant in Vietnam. The new combined-cycle power plant is expected to generate more than 1.6 gigawatts (GW) of electricity, with commercial operations expected by 2030, helping support Vietnam’s growing demand for more flexible, efficient, and reliable power generation.

Representative of Power Project Management Board No. 2 (EVNPMB2) said: “EVN/ EVNPMB2 values its long-standing relationship with GE Vernova and our shared commitment to supporting Vietnam’s evolving energy needs “As we advance major power infrastructure projects and modernize the electricity system, we believe GE Vernova brings proven technology, strong execution capabilities, and deep experience in Vietnam. GE Vernova’s participation in the Quang Trach II project also builds on our broader collaboration, including the Memorandum of Understanding signed in March 2026 to explore potential opportunities in High Voltage Direct Current technology to help strengthen grid reliability and support greater integration of renewable energy.”

The Quang Trach II LNG Power Plant is being developed by EVN, with an EPC consortium consisting of Power Construction Corporation of China and LILAMA Corporation Located in the Hon La Economic Zone, Quang Tri Province, Vietnam, the Quang Trach II LNG Power Plant is expected to play an important role in supporting the country’s rising power demand while enhancing overall system flexibility and reliability. The plant is expected to use imported liquefied natural gas (LNG), which will be re-gasified and used to fuel the gas turbines in a combined-cycle configuration to generate electricity more efficiently.

This announcement comes as GE Vernova’s HA gas turbine fleet recently surpassed 4 million commercial operating hours worldwide, marking an important milestone for one of the power industry’s most advanced and efficient gas turbine technologies. With nearly 130 HA units in operation across 21 countries, the fleet continues to support energy security, affordability, grid reliability, and reliability around the world.

“We are honored to support EVN on the Quang Trach II LNG Power Plant and to build on our long-standing relationship in Vietnam,” said Ramesh Singaram, GE Vernova’s President & CEO for Gas Power business in Asia Pacific. “As our HA fleet surpasses 4 million commercial operating hours worldwide, this order reflects the confidence customers continue to place in this technology to deliver efficient, flexible, and reliable power. For Vietnam, projects like Quang Trach II can play an important role in meeting rising electricity demand, supporting grid stability, and advancing the country’s transition to a more diversified energy mix.”

GE Vernova’s 9HA.02 gas turbines are among the company’s most advanced and efficient gas turbine technologies and are engineered to help provide flexible and dispatchable generation that can complement the increasing share of renewable energy in the grid.

GE Vernova has a long history in Vietnam dating back to 1993 and has worked with EVN since the utility’s establishment in 1995. Today, GE Vernova technologies help support Vietnam’s power system through equipment and services deployed across the country, including a gas power installed base of approximately 2.2 GW. GE Vernova also has nearly 1,100 employees across nine locations in Vietnam, as well as local capabilities including its Phu My repair facility and Dung Quat HRSG manufacturing plant.

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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.

Financial Editor: the order was booked in the second quarter of 2026

© 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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Sustainability

GE Vernova’s New Sustainability Report Highlights Progress Adding New Power to the Grid, Enabling People to Thrive, Reducing Carbon Intensity, and Advancing Breakthrough Energy Technologies

13 min read
  • Company details efforts across its Mission: Electrify the Planet to Thrive and Decarbonize.

  • 2025 step change advancements across a range of breakthrough technologies, including small modular reactors, carbon capture and storage, direct air capture, and hydrogen and ammonia as fuels.

  • Bringing 26 gigawatts (GW) of new generating capacity online in 2025, with a carbon intensity ~31% below the global average carbon intensity of the existing grid.

  • Of that new capacity added, 47% was deployed in developing and emerging economies.

  • 64% reduction in Scope 1 and 2 operational emissions since 2019.

  • Our overall product coverage under the 4R circularity framework reached 53%, an increase from 38% in 2024.

  • GE Vernova’s newly launched Electrification Impact Tracker released alongside report illustrates the company’s global impact electrifying the planet and supporting people and communities so everyone can thrive.

Cambridge, MA (June 17, 2026) – GE Vernova Inc. (NYSE: GEV) today released its 2025 Sustainability Report, demonstrating continued progress toward its mission to electrify the world to thrive and decarbonize, with an emphasis on moving bold and innovative breakthrough technologies from concepts to reality.  

The company’s annual sustainability reporting highlights milestones for bringing new global power generation online the world needs to expand energy access, including in developing and emerging economies, while doing so at a lower carbon intensity than the global grid average. The annual summary also noted additional investments around the world in workforce training for the energy sector’s next generation of leaders and continued reductions to the company’s Scope 1 and 2 emissions. 

“At its core, our work is not only about electrons and emissions,” said Scott Strazik, GE Vernova CEO. “Energy is about people, and we’re working to electrify the planet in a way that enables individuals, communities, and economies to thrive, every day.” 

“The story of GE Vernova is one of an unrelenting focus on delivering the technologies the world needs not just today, but importantly for the decades ahead,” said Roger Martella, Chief Corporate Officer and Chief Sustainability Officer. “I have never been more optimistic about our ability to help meet not only the needs of today, but of the generations that follow.” 

The new Sustainability Report showcases the company's comprehensive sustainability strategy based on a refreshed sustainability framework which is underpinned by 5 Charges, the bold ambitions driving how the company delivers impact to achieve its sustainability goals. Progress on these goals is driven by the four strategic pillars of the sustainability framework: Electrify, Decarbonize, Conserve, and Thrive. 

2025 Progress includes:  

ELECTRIFY: Catalyze access to more secure, sustainable, reliable, and affordable electricity, and help drive global economic development 

  • In 2025, GE Vernova brought 26 GW of new generating capacity online, the approximate equivalent of the installed generating capacity of the U.S. state of Louisiana, with 47% deployed in developing and emerging economies.  
  • Across grid infrastructure, 68 GW of new power transformers were energized, equivalent to the approximate installed generating capacity of Egypt, with 33% in developing and emerging economies.  
  • Approximately 10,700 students and learners have been reached through the GE Vernova Foundation’s workforce development programs since the beginning of 2024, with an overall goal to reach 30,000 learners by 2030.  

DECARBONIZE: Invent, deploy, and service the technology to help decarbonize our world 

  • New power generating capacity of our equipment brought online is ~31% below the global average carbon intensity of the existing grid, demonstrating that electrification with our equipment has an impact on reducing the carbon intensity of the grid. 
  • 22 million metric tons of CO₂ avoided last year by deploying technologies with lower carbon emissions than the current standard for the relevant grid. This is the equivalent to 5.1 million gasoline-powered passenger vehicles driven in one year. This is a relevant data point for how we deploy technologies with favorable emissions profiles as compared to what may otherwise be deployed. 
  • We document 2025 step change progress on our breakthrough technologies, including small modular nuclear reactors, carbon capture and storage, direct air capture, and ammonia and hydrogen as fuels.  

Breakthrough technologies moving from concept to reality: 

As part of the company’s focus on innovating for the future, the 2025 Sustainability Report highlights step change progress on breakthrough technologies: 

  • Small Modular Reactors (SMRs): In April 2025, GE Vernova Hitachi received the first license issued to construct an SMR in Canada. Construction on the GE Vernova Hitachi (GVH) BWRX-300 at Ontario Power Generation’s (OPG) Darlington site in Clarington, Ontario started in May 2025. The project will deliver the first operating commercial SMR in the Western world. 
  • Carbon Capture & Storage (CCS): Construction began on the Net Zero Teesside (NZT) Power station in the United Kingdom in 2025 – once completed, it is expected to be the world's first commercial-scale gas power plant equipped with carbon capture and storage. The facility is expected to generate over 740 MW of lower-carbon power. 
  • Direct Air Capture (DAC): The company’s 10-ton-per-year DAC pilot system at its Advanced Research Center in Niskayuna, New York is now operational, capturing CO₂ directly from ambient air across a wide range of operating conditions. Our DAC system will soon be deployed at Deep Sky Alpha in Alberta, Canada, becoming the world’s first cross-technology CO₂ removal hub. 
  • Ammonia and Hydrogen Fuel Capabilities: GE Vernova and IHI completed a new Large-scale Combustion Test (LCT) facility engineered to test advanced ammonia combustion systems at GE Vernova’s F-class gas turbine operating conditions. Also, GE Vernova successfully completed the validation test campaign of a hydrogen Dry Low Nox (DLN) combustor for B- and E-class gas turbines, demonstrating robust operations on natural gas and hydrogen blends and on 100% hydrogen with dry emissions below 25 ppm NOx. 

CONSERVE: Innovate more, while using less, safeguarding natural resources 

  • In 2025, GE Vernova reduced its Scope 1 and 2 (market based) greenhouse gas emissions footprint by 27% year-over-year across our operations, with a 64% reduction since 2019. 
  • GE Vernova’s Circularity Brochure details the company’s Circularity efforts, highlights include: 53% of GE Vernova's top products are now covered by its 4R circularity framework (Rethink, Reduce, Reuse, Recycle), with 76% of products covered by Life Cycle Assessments or Environmental Product Declarations. 

THRIVE: Advance safe, responsible, and fair working conditions in our operations and across our value chain 

  • GE Vernova’s 2025 Human Rights Statement provides detailed information on the company’s efforts to enhance due diligence processes, risk assessments, and other actions taken in 2025 across the human rights program.  
  • GE Vernova’s new Code of Conduct marks a significant milestone for the evolution of the ethics and compliance program, shifting from a rules-based framework to a values-based foundation.  
  • The GE Vernova Foundation helped support thriving people and communities by distributing $12.8 million in total GE Vernova family giving, and $800,000 in disaster relief and recovery aid to communities affected by global disasters in 2025. 
  • The company achieved recognition for its inclusion efforts, earning "Best Company: Culture" and "Best Company: Work-Life Balance" honors from Comparably.
GE Vernova's 2025 Sustainability Performance Overview

 

Empowering AI For Customers, Company and Communities 

As AI transforms how the world works, GE Vernova is using the power of automation and Artificial Intelligence to transform energy into solutions. The company is working to drive greater efficiency, higher quality, and innovation that can improve outcomes for our customers, company, and communities. 

The report details how GE Vernova is scaling AI infrastructure for customers, pursuing AI as a key area of growth and innovation within the company, and establishing key partnerships with organizations in our communities to explore and evaluate potential solutions that aim to use AI for sustainability-related use cases. 

Electrification Impact Tracker 

Released alongside the 2025 Sustainability Report today is GE Vernova’s newly launched Electrification Impact Tracker, available on GE Vernova’s sustainability website. By visualizing the gigawatts of new power generating capacity added and technologies deployed to power homes in various regions, the Impact Tracker illustrates our company's global impact electrifying the planet and supporting people and communities so everyone can thrive.  

A New Way of Solving Energy Access 

In April 2025, GE Vernova hosted the first-of-its kind Mendoza Collective Action Summit. Over three days in Mendoza, Argentina, 15 global leaders from across the public, private, and academic sectors came together to confront a shared challenge: how to accelerate access to affordable, reliable, and sustainable energy for all. 

What emerged was a shared sense of urgency that we need new ways of working together, which led to the development of a set of shared foundational values to guide this work, known as the Mendoza Principles. The report outlines the principles and actions that the energy industry must take to meet rapidly growing energy demand while delivering sustainable development for the benefit of our communities. Read the Mendoza Report here. 

“2025 marks the transformative moment where GE Vernova’s story became squarely focused on serving the future. The world’s growing needs are changing, and we need to change to be ahead of it,” Martella said. 

GE Vernova is a signatory of, and participant in, the UN Global Compact (UNGC). The United Nations Sustainable Development Goals (UN SDGs) provide 17 objectives to help address the most pressing global challenges. Our sustainability efforts align with ten of the 17 SDGs. 

The full 2025 Sustainability Report is available at https://www.gevernova.com/sustainability/reports-data.

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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.

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 powers Africa’s industrialisation with integrated energy solutions

6 min read
  • Delivering a comprehensive portfolio of energy solutions to accelerate Africa's industrialisation and economic growth. 

  • Showcasing CERius™, an AI-powered decarbonisation software that enables sustainable industry and global competitiveness.

  • Providing advanced grid-firming technologies to enable the reliability and stability of the continent’s energy systems. 

CAPE TOWN, South Africa (June 17, 2026) – In line with the Africa Energy Forum’s theme, ‘Building Africa’s industrialized Future,’ GE Vernova Inc. (NYSE: GEV) today showcased its comprehensive portfolio of technologies engineered to translate large-scale infrastructure ambitions into operational reality. Success in this new industrial era requires a holistic approach, one that bridges the gap between power generation and industrial application. By integrating sustainable energy generation, advanced electrification systems, and digital decarbonization tools, GE Vernova aims to enable African industries to scale with precision, helping ensure that energy remains a reliable, affordable, and sustainable foundation for the continent’s economic transformation.

At the event, GE Vernova is demonstrating how digital intelligence is accelerating the energy transition. In Tunisia, the state utility STEG identified an opportunity to evaluate GE Vernova’s CERius™, a sophisticated digital platform that integrates artificial intelligence, advanced analytics, and digital twin technology to create a digital framework for emissions management. By moving from hardware-heavy monitoring to a software-driven digital framework, STEG is gaining real-time, auditable emissions data critical for aligning with international standards - including the EU’s Carbon Border Adjustment Mechanism (CBAM).

Validation at the Sousse B power plant confirmed the effectiveness of this digital approach. Beyond achieving high consistency in emissions monitoring, STEG anticipates that this software-driven shift will reduce related investment and maintenance costs by up to 50%. By enhancing traceability, this initiative supports Tunisia’s ambitious electricity export strategy to Europe, proving that data-driven decarbonization is a powerful catalyst for regional economic growth.

Alongside digital innovation, GE Vernova emphasized that as the continent accelerates its energy transition, the focus should shift from merely adding capacity to confirming grid infrastructure is inherently stable and resilient. To support this, the company released a new whitepaper at the event – “Spain's 2025 Blackout Experience: Grid Firming Needs for Developing Power Systems with High-Renewable Penetration.” 

The paper’s core recommendation is that future grids must be engineered for resilience, not just energy delivery. To successfully scale renewable energy, African nations are encouraged to prioritize grid stability from the outset, applying lessons learned from the Iberian Peninsula to build power systems that are as reliable as they are sustainable. By integrating flexible, grid-forming technologies - such as aeroderivative gas turbines, synchronous condensers, and advanced power electronic - and by explicitly valuing grid-support services, Africa can leapfrog traditional infrastructure hurdles. This approach enables the development of a more reliable and sustainable power system capable of supporting long-term economic growth. For further strategic guidance on these shifts, GE Vernova’s white paper, “Ensuring Power System Stability in an Evolving Electrical Grid,” maps out the essential path for modernizing power systems."

"Building Africa’s industrial future starts with getting the fundamentals right: power that is reliable, sustainable, and ready to scale," said Joseph Anis, President and CEO of GE Vernova's Gas Power business in Europe, Middle East, and Africa. "A modern, stable grid is the backbone of this vision. Our goal is to provide a complete toolkit - from the AI that manages decarbonization to the grid technology that keeps the system stable - and to partner with African leaders to make that future a reality." 

Building on over 125 years of collaboration across the continent, GE Vernova continues to support Africa’s energy evolution by delivering comprehensive power generation, transmission, and distribution solutions alongside critical software and community-focused initiatives. Through this deep-rooted presence, the company is actively fostering the technical self-sufficiency required to power the next generation of industrial growth.

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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.

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.

Follow GE Vernova in Middle East & Africa on their website and LinkedIn.

© 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 Hitachi and Velan expand collaboration to support BWRX-300 small modular reactor deployment in Europe

6 min read
  • 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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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.

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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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