Press Release
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10 min read
GE Vernova awarded a major contract to build 2 GW offshore grid connection in the German Baltic Sea
CAMBRIDGE, Mass. (December 16, 2024) – GE Vernova Inc. (NYSE: GEV) today announced that, in consortium with Drydocks World, it has been awarded the Ostwind 4 project by 50Hertz, a leading German Transmission System Operator (TSO). The project involves the design, construction, and commissioning of a 2-gigawatt (GW) High-Voltage Direct Current (HVDC) electric transmission system—the first of its kind in the German Baltic Sea—connecting an offshore wind farm to the German grid.