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Press Release

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8 min read

GE Vernova to provide HVDC System for South Korea’s largest power grid infrastructure project

Seoul, South Korea (December 23, 2024)— GE Vernova Inc. (NYSE: GEV) today announced that it has been chosen through its joint venture, KAPES, by Korea Electric Power Corporation (KEPCO) to deliver its advanced High Voltage Direct Current (HVDC) system, based on Line Commutated Converter (LCC) technology,  for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2).

Press Release

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7 min read

GE Vernova’s Advanced Research Center supplies wind turbine to NREL in research collaboration to accelerate critical wind technologies

NISKAYUNA, New York (December 19, 2024) – Signaling a significant alliance in the energy transition landscape, GE Vernova’s (NYSE: GEV) Advanced Research Center (ARC) has supplied a 3.4-140m, 81m hub height wind turbine to the National Renewable Energy Laboratory (NREL).

Press Release

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10 min read

GE Vernova anuncia el primer pedido de Clase H en el Caribe

SANTO DOMINGO, REPUBLICA DOMINICANA (16 de diciembre de 2024) - GE Vernova Inc. (NYSE: GEV) anunció hoy que ha conseguido un pedido para suministrar sus equipos de generación de energía de ciclo combinado a gas natural Clase H para la central eléctrica de 470 megavatios (MW) de Generadora San Felipe Limited (GSF) en Punta Caucedo, Boca Chica, República Dominicana. Este proyecto supone el primer pedido de turbinas de gas Clase H de GE Vernova en el Caribe.

Press Release

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7 min read

GE Vernova announces first H-Class order in the Caribbean

ATLANTA, GA (December 16, 2024) - GE Vernova Inc. (NYSE: GEV) today announced it has secured an order to provide its H-Class natural gas-fired combined cycle power generation equipment for Generadora San Felipe Limited (GSF)’s Sant Felipe 470 megawatts (MW) plant power station in Punta Caucedo, Boca Chica, Dominican Republic. This project marks GE Vernova’s first H-Class gas turbine order in the Caribbean.

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.

Press Release

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11 min read

Integração para a descarbonização: respostas para desafios do setor elétrico no Brasil

 
Collage of GE Vernova workers

Articles & Insights

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4 min read

Meet a Dozen People Who Made GE Vernova’s First Year Remarkable

Last April, GE Vernova launched as a standalone company with a mission to electrify and decarbonize the world. The catalyst behind the change the company is creating is its 75,000-strong global team — their ideas, their energy, and their commitment. Meet a dozen of the people who helped GE Vernova get off to a running start. The Enlightener: Vera Silva
GE Vernova Sustainability Report

Articles & Insights

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5 min read

The 10 Biggest Stories from Year One of GE Vernova

“In my mind, there are no two letters that better embody the spirit of innovation — and have always embodied the spirit of innovation, in the past and the future of this country — than ‘GE,’” said Scott Strazik, CEO of GE Vernova, as his company officially completed its spin-off from the GE Corporation in April. In the eight months since, GE Vernova has continued to make good on its commitment to electrify and decarbonize the world. As the company looks forward to another year leading the energy transition, here’s a glance back at the biggest milestones of 2024. 

Press Release

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8 min read

GE Vernova’s SMR reactor design passes significant regulatory milestone in the UK after Step 1 Generic Design Assessment approval

LONDON (December 12, 2024) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), has progressed to the next step of the Generic Design Assessment (GDA) with its BWRX-300 Small Modular Reactor (SMR) technology.
Scott Strazik, Michael Lapides, Ken Parks (left to right) at the Investor Update event.

Articles & Insights

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4 min read

GE Vernova 2024 Investor Update Recap

Yesterday, GE Vernova hosted its 2024 Investor Update event in New York City. Given our strong financial trajectory from robust customer demand and better execution, we raised our 2025 guidance and our outlook by 2028. We also framed our capital allocation strategy, announcing that our Board of Directors declared a quarterly dividend and approved an initial share repurchase authorization.