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GE Vernova Sustainability Report

Articles & Insights

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8 min read

With Its First Sustainability Report, GE Vernova Presents Its Impact and Its Role in Meeting the Global Need for a More Sustainable Energy System

GE Vernova now has nearly six months under its belt as a standalone purpose-built energy technology company. Nimbler and with a new stock listing and management team, the Cambridge, Massachusetts–based company is only getting started, unfurling its sails and setting a course all its own.

Press Release

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9 min read

GE Vernova releases inaugural Sustainability Report

CAMBRIDGE, Mass. (September 18, 2024) – GE Vernova Inc. (NYSE: GEV) today released its first-ever sustainability report as a stand-alone company, detailing how it is making progress on its mission to electrify and decarbonize the world.

Press Release

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5 min read

GE Vernova chosen to provide integrated BESS solution for large-scale storage project in Australia

CAMBRIDGE, Mass. (September 16, 2024)– GE Vernova Inc. (NYSE: GEV) has been chosen by Quinbrook Infrastructure Partners (Quinbrook) as the Battery Energy Storage System (BESS) integration provider for the second stage, comprising 250 MW/1,000 MWh of storage, of their Supernode BESS project in Queensland, Australia.

Press Release

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6 min read

GE Vernova’s Financial Services business and Lizard Renewables establish Alva Power – a Joint Venture to co-develop renewable energy projects in Italy

LONDON, UK (September 16, 2024) – GE Vernova’s (NYSE: GEV) Financial Services business and Lizard Renewables S.p.A. (“Lizard”), a prominent renewable energy company in Italy, today announced the establishment of Alva Power, a strategic 50-50 Joint Venture (“JV”), to support Italy in its electrification and decarbonisation goals by funding renewable energy project development.

Press Release

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8 min read

GE Vernova reaffirms full year 2024 guidance and provides segment updates

CAMBRIDGE, Mass. (September 12, 2024) – GE Vernova Inc. (NYSE: GEV) Chief Executive Officer, Scott Strazik, will present today at the 12th Annual Morgan Stanley Laguna conference in Laguna Beach, California at 8:10 AM PDT.  Strazik will discuss the company’s strategic progress and the robust demand for power generation, services, and grid equipment.
Digital rendering of interconnected power systems. Image credit: thinkhubstudio/Shutterstock

Articles & Insights

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5 min read

The Next Frontier for Virtual Power Plants Is in Sight

All around the globe, aging power grids are stretched to the limit, and growing demand for electrification is expected to add even more strain. This means that maximizing every electron of energy generated is essential to meet demand. One emerging concept that can help us realize the efficiencies we need is the virtual power plant.

Press Release

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6 min read

GE Vernova launches 2000 Vdc utility-scale solar inverter with multi-megawatt pilot in North America

CAMBRIDGE, Mass. (September 11, 2024) – GE Vernova Inc. (NYSE: GEV) today announced the launch of its new 6 MVA, 2000-volt direct current utility-scale inverter, with a multi-megawatt pilot installation in North America. This initiative is aimed at further reducing solar energy costs and accelerating the transition to renewable energy and decarbonization.

Press Release

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6 min read

GE Vernova launches advanced containerized solution for Battery Enabled Energy Storage (BESS)

CAMBRIDGE, Mass. (September 10, 2024) – GE Vernova Inc. (NYSE: GEV) today announced the launch of its advanced containerized solution for Battery Enabled Energy Storage (BESS) - the RESTORE DC Block - which offers enhanced safety, efficiency, flexibility, and long-term performance. With a capacity of 5MWh and enhanced duration range of 2-8 hours, the solution offers the ability to support multiple grid use cases for utility-scale renewable and energy storage projects.

Press Release

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6 min read

GE Vernova enters into agreement with PPC Renewables to supply turbines for wind farm in Romania

Athens / Bucharest (September 10, 2024) - GE Vernova Inc. (NYSE: GEV) announced today that it has entered into an agreement with Public Power Corporation Renewables (PPC R) to supply, install and commission 23 of GE Vernova's 6.1 MW - 158m* turbines for a wind farm in Vaslui County, Romania. The deal, which was booked in the second quarter of 2024, expands the presence of GE Vernova’s Onshore Wind business in Romania by adding 140 MW to the company’s existing installed base of more than 700 MW in the country.

Press Release

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9 min read

GE Vernova’s nuclear business signs series of MoUs to support the delivery of its SMR technology in the UK

LONDON (September 9, 2024) - GE Vernova’s nuclear business, GE Hitachi Nuclear Energy (GEH), has signed a series of Memorandum of Understanding (MoUs) with Aecon, AtkinsRéalis, Jacobs and Laing O’Rourke.