Meeting the urgent challenge of the global energy transition requires solving massive infrastructure hurdles at unprecedented speed. It means mastering the invisible forces that dictate performance: the airflow around wind turbine blades, the effect of moisture trapped inside a power transformer, the change of phase from liquid to gas within a small modular nuclear reactor.

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.

END

Roger Martella, GE Vernova’s chief corporate officer and chief sustainability officer, used to tell the story of the company by starting in the past. He felt the weight of history as he made his way to work each morning, remembering how Thomas Edison built the world’s first commercial power plant on Pearl Street in Manhattan, a small coal-fired station that powered more than 10,000 incandescent lamps, before founding the General Electric Company in 1892. 

Earlier this week, GE Vernova released its 2025 Sustainability Report. We encourage you to review the materials on GE Vernova’s dedicated Sustainability website.

Key highlights from 2025 Sustainability Report:

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.

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.

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.

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."

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.