New Delhi, India (June 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Powerica Limited to supply 28 of its 3.8 MW–154m* onshore wind turbines for the Botad Wind Farm in Gujarat, India. The 100 MW project marks the debut of GE Vernova’s 3.8 MW workhorse turbine in the Indian market, a key milestone in the company’s strategy to expand its onshore wind portfolio in one of the world’s fastest‑growing renewable energy markets.

The deal includes turbine supply and installation and further strengthens a partnership that has now delivered four wind farm projects together. Powerica secured the project’s Power Purchase Agreement (PPA) through a competitive auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). Deliveries for the project are expected to begin in the fourth quarter of 2026.

GE Vernova also announced that it has been certified by India’s Ministry of New and Renewable Energy (MNRE) and included on the Approved List of Models and Manufacturers of Wind Turbines (ALMM)—a mandatory requirement for wind turbine OEMs participating in India’s wind market.

The project will be supplied from GE Vernova’s manufacturing facility in Pune, India. At full capacity, the site is expected to support up to 1,500 MW of annual production capacity, strengthening local manufacturing capabilities and reinforcing GE Vernova’s long‑term commitment to India’s wind industry.

India has set a target of 500 GW of non‑fossil energy capacity by 2030, including 100 GW from wind power. GE Vernova’s Wind business surpassed 5 GW of installed capacity in India in 2025, underscoring the company’s long‑standing role in supporting the country’s renewable energy growth.

Deepak Maloo, General Manager of GE Vernova’s Onshore Wind business in India, said: “We are thrilled to partner with Powerica once again as we launch our newest workhorse turbine in India. The 3.8 MW–154m turbine is designed to deliver efficiency, reliability, and strong performance for India’s wind conditions. With ALMM certification and local manufacturing in Pune, we are well positioned to support our customers as India accelerates toward its 500 GW renewable energy ambition.”

Pradeep Gupta, Whole Time Director, Powerica Limited said: “We’re pleased to be partnering with GE Vernova for our fourth project in the state of Gujarat. The debut of GE Vernova’s 3.8 MW–154m workhorse turbine, optimized for reliability and scale in the Indian market, makes this collaboration especially significant. This 100 MW project will strengthen our IPP portfolio and further reinforce our commitment to delivering meaningful impact in the renewable energy sector.”

The 3.8 MW–154m turbine is designed to not only meet the specific needs of customers in India but enhance by offering industry leading features such as 30-year turbine life, advanced lightening protection and includes the first ever industry digital blade certificate on every blade produced. The 3.8 MW-154m also provides execution excellence with tabular steel tower and 650T crane install capabilities for faster and cost-effective execution. The 3.8 MW-154m has fleet leading service factors across major components delivering maximum uptime availability.

Like all GE Vernova wind turbines, the next‑generation units produced in India will use GE Vernova’s AI‑powered digital blade certification process, reinforcing the company’s commitment to quality and performance from design through operations.

GE Vernova’s presence in India spans more than 100 years. The company has a significant manufacturing and engineering footprint across the country, including a wind manufacturing facility in Pune, a Technology Center in Bengaluru, and a blade manufacturing facility in Vadodara, positioning GE Vernova to help deliver more sustainable, affordable, and reliable electricity across India.

GE Vernova’s Wind business has a global installed base of approximately 59,000 turbines representing nearly 120 GW of installed capacity worldwide. Its product portfolio includes next‑generation, high‑powered onshore wind turbines designed to scale renewable energy while supporting decarbonization goals.

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ATLANTA, GA - (May 26, 2026) - GE Vernova Inc. (NYSE: GEV) today announced that its HA gas turbine fleet has 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. 

Since the first HA unit entered commercial operation in 2016, the fleet has grown to 128 units operating across 21 countries and has generated approximately 74 gigawatts (GW) of power plant capacity, the equivalent electricity needed to power more than 55 million U.S. homes. Today, GE Vernova’s HA gas turbine is the world’s fastest-growing fleet in its class.

The milestone also highlights the growing performance of GE Vernova's HA services, as each new turbine commissioned today is typically accompanied by a long-term maintenance and performance contract that grows GE Vernova's high-margin services backlog for decades to come.

“Surpassing 4 million commercial operating hours is a strong validation of the HA fleet’s performance, reliability and relevance in today’s energy landscape,” said Eric Gray, CEO, GE Vernova’s Power Segment. “This milestone reflects the confidence our customers have placed in GE Vernova’s HA technology and its established role in supporting flexible power generation around the world.  As electricity demand rises and energy security is seen as national security, customers are increasingly focused on solutions that can deliver reliable, efficient, and more flexible power. Our HA fleet is helping meet that need today while continuing to evolve to support lower-emission power systems over time.”

Growing Global Demand for HA Technology

GE Vernova’s HA gas turbines were developed in the context of a fundamental shift in the global power sector, involving the replacement of aging coal-fired generation with more efficient, lower-emission, and flexible power while enabling greater renewable energy integration. That role is becoming increasingly important as electrification, industrial expansion, and rising demand from data centers and AI drive sustained pressure on power systems worldwide. 

In this environment, GE Vernova is seeing continued demand for gas power technologies as customers prioritize solutions that can be deployed at scale, operate efficiently and support grid reliability. As the installed HA fleet continues to expand, GE Vernova also sees growing services opportunities as customers seek to maintain performance, availability and operating flexibility across the lifecycle of these assets. 

As power needs continue to expand, GE Vernova is investing across its Gas Power manufacturing and services footprint—including in Greenville and Schenectady—to strengthen the capabilities needed for the future. GE Vernova’s nearly $300 million in planned investments in the Gas Power business underscores our commitment to helping customers deliver reliable, efficient, and more flexible generation at scale. This investment is part of a $700 million invested in meeting unprecedented customer demand across the company.

Recent milestones further illustrate the fleet’s global momentum. 

In the U.S., the HA has seen record success. One example is with Duke Energy securing  20 advanced HA gas turbines, several of which are included in a framework agreement executed in 2025. Several other traditional U.S. utilities have also entered into significant, multiunit HA agreements. Beyond traditional customers, a new, non-utility customer archetype is emerging from data centers. This includes hyperscalers and other project developers which represent approximately 20 percent of total gas turbines contracts

In Türkiye, GE Vernova and Enka Power announced the start of commercial operation at ENKA’s 850-megawatt (MW) Kırklareli power plant in Kırklareli, Türkiye. The facility marks the first HA-powered plant in the country, bringing GE Vernova’s total installed gas power capacity in Türkiye to 13.5 GW.

In the UK, GE Vernova is supplying a 9HA.02 gas turbine for the NZT Power project, expected to be the world’s first commercial-scale gas-fired power station equipped with carbon capture technology. Construction has started, and the gas turbine is expected to be shipped from GE Vernova’s Manufacturing Center in Belfort, France, in June.

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CAMBRIDGE, Mass. (May 19, 2026) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.50 per share quarterly dividend. The quarterly dividend will be payable on July 14, 2026, to shareholders of record as of June 16, 2026. 

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors. 

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.

Additional Financial Information

Additional financial information can be found on the Company’s website at www.gevernova.com/investors under Reports and Filings.

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, such as statements about possible future dividend declarations and payments. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

Kırklareli, Türkiye - (May 12, 2026) ENKA and GE Vernova Inc (NYSE: GEV) today announced the start of commercial operations at the 852 megawatts (MW) Kırklareli power plant in Kırklareli, about 20 miles from the Bulgarian border in Türkiye. The facility is the first HA-powered plant in the country and represents a significant milestone in the modernization of Türkiye’s power generation fleet.

Under the terms of a multi-year agreement, GE Vernova is also expected to provide long-term maintenance services to improve asset visibility, reliability, and availability. The milestone was celebrated in the presence of senior government officials, including H.E. Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Türkiye, and representatives from ENKA and GE Vernova. 

“With the successful commissioning of the Kirklareli power plant, ENKA has achieved a significant milestone, strengthening its position as both investor, EPC contractor, and operator of one of Türkiye's most efficient combined cycle facilities," said Mr. Mehmet Tara, Chairman of the Board and President of ENKA. “By delivering flexible, high-efficiency power to the national grid, this project reflects ENKA's nearly 70 years of engineering heritage, the depth of our in-house capabilities — from design to commissioning — and our long-term commitment to supporting Türkiye’s growing electricity needs with efficient, reliable, and flexible generation.”

The commercial operation of the Kırklareli plant comes as Türkiye continues to modernize its power system to meet rising electricity demand through a more efficient, resilient, and diversified generation mix. According to the IEA outlook, natural gas power generation in Türkiye has expanded significantly over the past two decades and today represents a key part of the country’s energy mix, supplying more than a quarter of its electricity. 

For the Kırklareli Power Plant, GE Vernova supplied its combined-cycle power generation equipment, including a 9HA.02 gas turbine with H78 generator, an STF-D650 steam turbine, and a triple-pressure Heat Recovery Steam Generator (HRSG). All engineering, procurement, construction, and commissioning works were executed by ENKA's in-house teams, with approximately 8 million person-hours of effort over a 36-month execution period. The Kırklareli facility is expected to be among the most efficient combined-cycle gas power plants in the country, reaching above 63% net efficiency in combined-cycle mode.

“As Türkiye prepares to host COP31, this project highlights the important role that advanced, high-efficiency power generation technologies can play in strengthening energy security, while enhancing grid reliability,” said Joseph Anis, President & CEO for GE Vernova’s Gas Power business in Europe, Middle East & Africa. “Kırklareli's entry into commercial operation marks an important step in our collaboration with ENKA and in bringing GE Vernova’s HA technology to Türkiye for the first time. We are proud to support the country’s energy transition with technology that can help power growth, strengthen infrastructure, and contribute to long-term economic development.”

GE Vernova has supported Türkiye’s energy infrastructure for more than 75 years. Today, the company has an installed base of approximately 33.5 gigawatts (GW) across gas power, wind, hydro, and solar technologies, as well as grid modernization initiatives, and manufacturing and R&D capabilities through its Gebze Transformer Factory. With this project, GE Vernova’s total installed gas power capacity in Türkiye has reached approximately 13.5 GW.

VADODARA, INDIA (May 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has secured an order from Megha Engineering & Infrastructures Limited (MEIL) to deliver nine 150 MW pumped-storage units for the 1.35 GW Upper Sileru hydropower plant, located in the state of Andhra Pradesh in India. The project is expected to be completed by 2030. At 1.35 GW, Upper Sileru will be among the largest pumped‑storage hydropower projects in India.

Once completed, MEIL’s Upper Sileru hydropower plant will be able to store and supply enough electricity equivalent to the annual needs of about three million Indian homes*. The Upper Sileru pumped‑storage project is expected to play a critical role in supporting India’s energy transition by providing long‑duration energy storage that helps balance growing solar and wind capacity on the national grid. With its ability to rapidly switch between pumping and generating modes, the facility will support grid reliability, peak demand management, and frequency regulation at scale.

Megha Engineering & Infrastructures Limited said: “The Upper Sileru pumped-storage project is a landmark development for India’s energy transition. Partnering once again with GE Vernova allows us to leverage proven pumped-storage technology to deliver reliable, large-scale energy storage that will support grid stability and enable greater integration of renewable power across the country.”

GE Vernova’s scope of work includes the design, engineering, manufacturing, testing, supply, transportation, and supervision of erection, testing and commissioning of the nine units, control and governing systems. The nine vertical Francis reversible units are designed for high efficiency, operational flexibility, and a long service life, enabling reliable performance over several decades of operation.

This project marks the second pumped-storage project GE Vernova and Megha Engineering & Infrastructures Limited (MEIL) are working on together.  GE Vernova is currently delivering four 125 MW fixed speed pumped-storage units for the new Kundah hydropower plant in India. 

The project will leverage GE Vernova’s engineering and manufacturing footprint in India and is expected to support local employment, skills development, and industrial capabilities during execution.

Frederic Ribieras, Hydro Power CEO, GE Vernova, said: “We are honored to be working on this second project with MEIL. Pumped-storage projects are critical to help build a more sustainable energy landscape in India and in the world, stabilizing the grid and balancing variable renewable energies- at a very large scale, and for a long lifetime.”

Pumped Storage Projects

Pumped Storage is a source of large-scale energy storage. Acting as a giant battery, it helps stabilize the grid, sustainably, with the integration of wind and solar power. GE Vernova is one of the largest players in the global pumped-Storage space with nearly 30% of the global installed base and is currently developing more than 3 GW of pumped-Storage projects around the world. GE Vernova had also recently delivered the four 250 MW pumped storage variable speed systems at the Tehri pumped-Storage Hydropower Plant for THDC India Limited’s, part of the Tehri Hydropower Complex.

GE Vernova in India

GE Vernova has deep-rooted presence in India, across power generation, transmission and distribution. The company counts five Technology and Engineering Centers focused on advancing research, development and innovation in new technologies and solutions. Additionally, the company operates 10 manufacturing sites that are undertaking local production and generating employment. The company’s workforce in India comprises of over 10,000 employees, including more than 3,000 engineers and technologists.

CAIRO, Egypt (April 29, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it received an order from an affiliate of Egyptian Electricity Holding Company (EEHC,) Middle Delta Electricity Production Company (MDEPC), to modernize power generation infrastructure and improve operating efficiency.at MDEPC’s Banha and Nubaria power plants in Egypt. The order was booked in the first quarter of 2026.

Spanning an anticipated three-year period, the project aligns with Egypt’s ongoing efforts to modernize its power generation infrastructure, reinforce energy security, and drive greater efficiency in electricity generation. 

The scope includes two Advanced Gas Path (AGP) upgrades for the two GE Vernova 9F gas turbines at the Banha power plant, along with multiyear services agreements for Banha and Nubaria with terms of 15 and 8 years, respectively.

“This modernization highlights the potential benefits that Advanced Gas Path technology can bring to F-class gas turbine units in Egypt,” said Eng. Mohamed El-Abd, Chairman of MDEPC. “The upgrades are expected to increase the output of the gas turbines and improve efficiency by approximately 2 percent. These improvements are expected to enable additional power generation with more efficient fuel use and may help reduce carbon emissions per megawatt hour.”

“Across many power systems, improving the efficiency, availability, and operational performance of the existing generation fleet can play an important role in supporting electricity demand and broader power system objectives,” said Joseph Anis, President & CEO, Europe, Middle East & Africa, GE Vernova’s Gas Power business. “Upgrades such as Advanced Gas Path technology can help operators improve output, extend maintenance intervals, and enhance efficiency, while supporting more reliable power generation. We are pleased to support MDEPC in its efforts to modernize these assets and help meet Egypt’s evolving power generation needs.”

For more than 50 years, GE Vernova’s businesses have supported Egypt’s electricity infrastructure through technologies and solutions, local talent development, and financing for projects across the power sector. Today, GE Vernova continues to support customers in Egypt across power generation, transmission, software, and services.

Today, GE Vernova’s installed base in Egypt includes more than 60 gas and steam turbines with a combined generating capacity of approximately 10 gigawatts.

Notes to editors

*Decarbonization as used in this article is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis.

© 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. 

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.

Cambridge, Mass (April 22, 2026) – The GE Vernova Foundation today announced Engineers of Change, a dynamic new initiative designed to inspire the next generation of engineers and energy leaders through early exposure to engineering, hands-on learning, and direct connections with industry professionals. In partnership with global nonprofit organization FHI360, and backed by a $4.5 million commitment, the initiative aims to reach more than 6,000 students in Greenville, South Carolina, and Staffordshire, UK, over the next three years, helping build stronger pathways into engineering education, training, and careers.

Engineers of Change is built around two complementary programs:

• Engineering Spark engages students ages 13–14 in discovering engineering through dynamic, hands-on learning sessions led by GE Vernova engineers and volunteers, helping spark curiosity and expand understanding of what engineering is all about.
• Engineering Catalyst is an immersive, two-year program for students ages 15–18, featuring real-world design challenges, college and career readiness workshops, and engagement with GE Vernova engineers, designed to equip students with the skills and confidence to think like engineers, build a strong engineering identity, and pursue post-secondary studies or apprenticeships.

“Meeting the world’s growing energy needs will require not only breakthrough technology, but people – bold thinkers, problem-solvers, and next generation leaders ready to shape the future,” said Kristin Carvell, President, GE Vernova Foundation and Chief Communications Officer, GE Vernova. “Through Engineers of Change, we are helping young people see engineering not just as a career path, but as a mission with real-world impact. By bringing engineering to life in engaging, community-connected ways, we hope to ignite curiosity today and help build the workforce of tomorrow.”

By making engineering tangible and inspiring, the initiative helps students connect their interests and skills to future opportunities in engineering and energy. Students completing the program will be awarded a partial scholarship for post-secondary engineering education and training.

“We’re thrilled to work with GE Vernova Foundation and with our partners in Greenville, SC, and Staffordshire, UK, to inspire the next generation of engineers,” said Steven Ehrenberg, Director of Programs at FHI 360. “I’m excited that students in Greenville and Staffordshire will have hands-on engineering experiences and the opportunity to meet and learn from professional engineers."

Engineers of Change reflects the Foundation’s commitment to strengthening the future energy workforce by inspiring more young people to pursue engineering, particularly in communities where GE Vernova operates. With an estimated 30 million new energy jobs needed in the next five years, Engineers of Change is designed to foster innovation, strengthen problem-solving skills, and expand pathways into engineering and energy careers. By aligning programming with local needs and long-term workforce development priorities, the GE Vernova Foundation is putting its purpose — The Energy to Change the World — into practice while helping develop the next generation of innovators and leaders needed to advance a more reliable, affordable, and sustainable energy future. Learn more about Engineers of Change. 

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