ATLANTA, GA  (March 28, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that it secured an order from the municipal utility of Springfield City Utilities, Missouri (CU) for three units of its innovative LM6000VELOX* aeroderivative gas turbine packages aiming to expand electric generation capacity at CU’s 100 Megawatt (MW) McCartney Generating Station, located in Springfield, Greene County, Missouri.

Increasing electricity demand, aging power generation units, and extreme weather events have led to increases in the amount of CU’s required for power generation capacity, known as a Planning Reserve Margin (PRM). A PRM is the power capacity required beyond projected demand to ensure reliability during peak usage or unexpected outages. By 2026, CU will be required to maintain a PRM of 36% during winter months, a significant increase from the current 15%. This means CU must have 36% more power generation capacity than what is required to serve Springfield’s electric load to help mitigate unexpected disruptions.

The three GE Vernova aeroderivative units are expected to inject an additional 150 MW of reliable and flexible capacity with the new aeroderivative gas turbine packages to help ensure grid stability with high efficiency. Once online, the aeroderivative gas turbines are expected to become CU’s most efficient generators with the capability to burn two types of fuel (natural gas with a fuel oil/diesel as a backup) in case of emergency events. The plant is estimated to start operations in 2027.

“This investment is another step in ensuring Springfield’s energy reliability for the future,” said Warren Brooks, V.P. of Electric Operations at City Utilities. “We trust GE Vernova’s units will help us quickly meet demand during peak energy usage. This project is aligned to our broader strategy to address future power supply needs through affordable, reliable, and innovative solutions.”

GE Vernova’s LM6000VELOX packages are developed using proven LM6000* aeroderivative gas turbine technology which is well-known in the power generation industry for its quick start time and ramp-up to full power in as little as 5 minutes, high cycle life helping to complement intermittent power from renewable sources, and operational flexibility.

The LM6000VELOX package was developed to reduce the installation and commissioning schedule of LM6000* aeroderivative gas turbines by up to 40% and save up to 4,000 labor hours.

“With increasing power generation demand driven by growing electrification needs and more renewables coming online every day, operators and municipalities, like City Utilities, need to ensure grid reliability with high efficiency, while delivering cheaper and faster power for their end users” said Dave Ross , CEO of GE Vernova’s Gas Power Americas region. “We are excited to work with City Utilities to contribute to the expansion of their McCartney Power Generation Station with our highly efficient, reliable, fast and flexible technology.”

LM6000 gas turbines are part of an installed base of nearly 1.200 units across approximately 60 countries. In a Singular Annular Combustor (SAC) configuration, these units have the capability to burn up to 100% hydrogen by volume, thereby reducing CO2 emissions from power delivered by a gas turbine.

*Trademark of GE Vernova and/or its affiliates

Riyadh, SAUDI ARABIA (March 24, 2025) - GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova’s Saudi engineers and specialists. This project at SEC's 8^th power plant in Riyadh highlights both companies' commitment to fostering local talent and promoting localization within Saudi Arabia's energy sector, in alignment with Saudi Vision 2030.

This achievement comes just months after GE Vernova, in the presence of HRH Prince Abdulaziz bin Salman, Minister of Energy, celebrated the successful rollout of the first H-class gas turbine unit completed at the GE Saudi Advanced Turbines (GESAT) facility in Dammam.

The 8^th power plant in Riyadh is a strategic facility that plays a crucial role in addressing the growing electricity demands of the capital. With a production capacity exceeding 1,700 megawatts, it significantly enhances the stability of the electrical grid in Riyadh and its surrounding areas. The plant comprises several blocks, one of which is equipped with four of GE Vernova’s 7F gas turbines, collectively capable of producing close to 500 megawatts.

The maintenance, led by GE Vernova’s Gas Power One Field Services team in collaboration with SEC’s teams, was crucial for ensuring the reliability and efficiency of the power generation assets. It required meticulous planning and execution, demonstrating the culmination of a decade of comprehensive training, certifications, accreditations, practical experience, and professional development for Saudi talent.

Male and female Saudi engineers and specialists at the 8^th power plant prioritized rigorous safety protocols and successfully completed the project on schedule, supported by GE Vernova’s Live Outage platform. This digital tool enhances field execution through standardized procedures, streamlined tasks and safety best practices.

GE Vernova’s power plant outage services team brings extensive experience in optimizing power plant performance through expert maintenance, repairs, and upgrades. This Saudi-led initiative marks a pivotal step in enhancing plant efficiency and the long-term reliability of power units.

Engineer Abdulaziz Saeed Al-Shumaila, Head of Power Generation Operations in the Central Region, Saudi Electricity Company, said, “We are committed to providing reliable and stable power supply for the Kingdom. GE Vernova’s Saudi-led outage at the 8^th power plant marks a new era in the Saudi power sector, underscoring our commitment to driving innovation and developing local talent. Through our strategic collaboration with GE Vernova, we aim to empower more Saudi engineers and specialists to assume advanced leadership and technical roles within the Kingdom’s robust energy ecosystem. This collaboration will also contribute to local skills development initiatives, supporting the achievement of Vision 2030 goals.”

Hisham Al Bahkali, President of GE Vernova, Saudi Arabia, noted, “Our successful maintenance project at Riyadh’s 8^th power plant showcases the Kingdom's local talent in driving a more sustainable energy future, directly supporting Vision 2030. This achievement demonstrates Saudi engineers' capabilities in managing complex energy projects. Our ongoing collaboration with SEC will further advance the Kingdom’s energy transformation and cultivate national competencies.”

He added, “This accomplishment caps a remarkable year for GE Vernova in Saudi Arabia, notably the rollout of the first H-Class gas turbine at the GESAT facility. This advanced turbine is set to power the Jafurah Cogeneration Independent Steam and Power Plant (ISPP), highlighting our commitment to supporting national strategies, including Vision 2030.”

In 2024, GE Vernova secured its largest-ever Middle East & Africa order for six 7HA.03 gas turbines, two 7E.03 units, and a 21-year maintenance agreement for Saudi Arabia's Taiba 1 and Qassim 1 power plants. The company also completed FEED studies exploring decarbonization options for three Saudi Arabian cogeneration plants, potentially reducing carbon emissions using pre- and post-combustion technologies.

For nearly 90 years, GE Vernova has contributed to Saudi Arabia’s energy infrastructure, supporting economic diversification, localization, and talent development. Employing more than 850 people in Saudi Arabia, GE Vernova’s investments include the GE Manufacturing and Technology Center (GEMTEC) campus in Dammam, which features a Service and Repairs Center for gas turbines, the GE MENA Decarbonization Center of Excellence, and GE Saudi Advanced Turbines (GESAT).

With its spin-off from GE and commencement of independent trading on the NYSE on April 2, 2024, GE Vernova’s extensive technology base - including approximately 55,000 wind turbines and 7,000 gas turbines - plays a vital role in the energy transition in Saudi Arabia and around the world.

The staff of Power Plant 8 in Riyadh, Saudi Arabia, is busy even on an average workday. But operations ramped up last December when a 25-person crew from GE Vernova assembled at the site for an important planned maintenance project.

SELANGOR, Malaysia (March 13, 2025) – GE Vernova Inc. (NYSE: GEV) today announced a Selangor state-linked company, Worldwide Holding Berhad (WHB)’s Pulau Indah power plant achieved the start of operation in Selangor, approximately 60 km from the Malaysian capital city, Kuala Lumpur. Powered by two-blocks of GE Vernova HA combined cycle equipment, the new 1,200 megawatts (MW) plant is projected to produce the equivalent electricity needed to power approximately 2.5 million homes in Malaysia. In addition, under the terms of a 21-year agreement, GE Vernova is expected to provide maintenance services and software solutions to improve asset visibility, reliability, and availability of the plant.

Over the next three decades, the Malaysian economy is estimated to triple in size, while its population is projected to rise to over 40 million people; consequently, energy demand in Malaysia is set to increase significantly. Malaysia has announced its aim to reach net-zero emissions by as early as 2050 – reflected in its latest National Energy Policy – and continues to refine a long-term lower-emission development strategy.

At the core of the plant, the two 9HA gas turbines, engineered from the ground up to be extremely flexible, feature high ramp rates and fast start up times to help meet fluctuating demand. In addition, the HA unit has the capability to burn up to 50% by volume of hydrogen when blended with natural gas.

Natural gas has become an increasingly popular option for electricity generation in Malaysia due to increased availability and the fact that it emits less CO2 and other pollutants than coal. Gas power plants can also be turned on or off relatively easily, which allows for greater flexibility in dealing with demand peaks or low supply from renewable sources.

For the Pulau Indah Power Plant, GE Vernova provided two blocks of 600 MW, each including a 9HA.01 gas turbine, an STF-D650 steam turbine, a W88 generator and a Once Through Heat Recovery Steam Generator (OT HRSG).

Overall plant performance will be monitored and enhanced with GE Vernova’s tightly integrated Mark* VIe Distributed Control System (DCS) software software to help improve asset visibility, reliability, and availability while reducing operation and maintenance costs. In addition, data collected from sensors throughout the facility will be monitored and analyzed 24/7 at GE Vernova’s Monitoring & Diagnostics (M&D) Center in Greenville, SC, United States.

“We are proud to add this plant to the 116 units operating globally, and that have amassed more than 3 million commercial operating hours, the equivalent capacity needed to power more than 50 million U.S. homes,” said Ramesh Singaram, President and CEO of Asia, Gas Power, GE Vernova. “With more than 40 years of operations and the largest base of installed gas turbines in the country, GE Vernova is uniquely qualified to support Malaysia’s energy transition, while helping meet the growing power demand in the country.”

- ENDS -

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.

A decade ago, disruptive change came to power grids. Aging coal plants in Europe and the U.S., some in operation since World War II, began to retire. Saddled with high maintenance costs, coal plants were shuttered throughout the developed world. In their place rose new fleets of wind turbines, dotting the American plains from Texas to Iowa. In Europe, wind power blossomed onshore but also extended its reach offshore, thriving in the Continent’s notoriously stormy seas.

ATLANTA, GA (March 6, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that its industry leading H-Class gas turbine technology has amassed more than 3 million commercial operating hours across 116 units globally, the equivalent capacity needed to power more than 50 million U.S. homes. In addition to benefitting customers to provide efficient, dispatchable baseload power and supporting the energy transition, the growing fleet of operating HA gas turbines can provide significant value for GE Vernova through long-term maintenance and services contracts.

Since the first HA unit launched in commercial operations in 2016 with record-setting combined cycle efficiency, the HA fleet has generated more than 67 gigawatts (GW) of power, equal to one of these turbines running for 342 years, The fleet has helped power plant operators provide efficient electricity, reduce emissions, increase efficiency, retire coal-fired facilities, and integrate greater levels of renewable energy.

“This is an exciting milestone for the industry’s largest HA fleet,” said Eric Gray, President & CEO, GE Vernova’s Gas Power business. “Thanks to the strong collaboration with our customers, we are able to help them meet electrification and decarbonization goals with powerful and efficient technologies like the HA gas turbine. As more HA turbines come online, these milestones will only accelerate, while driving significant services for GE Vernova for decades to come and bringing greater reliability and operating performance for our customers.”

In addition to electrification, GE Vernova’s HA gas turbines have a pathway to decarbonization—both pre-combustion with hydrogen, with a current capability to burn up to 50% by volume of hydrogen when blended with natural gas, and post-combustion with carbon capture and sequestration. For example, at the new Net Zero Teesside Power project in the U.K., GE Vernova will supply a 9HA.02 turbine to power the world’s first commercial scale gas-fired power station with carbon capture.

In addition to traditional power generation and decarbonization, GE Vernova’s HA gas turbines are also well positioned for the growing need for more and larger, energy-intensive data centers. Recent agreements with Chevron and NRG and Kiewit are testaments to our commitment to accelerating new generation capacity to support demand growth and of the fleet’s broad appeal.

The International Energy Agency (IEA) estimates that data centers have the potential to double their energy usage by 2026. The rise of AI computational demand, along with the investment supercycle in electric power sector, has moved the IEA to raise its growth forecasts for global power. In its latest report, released in February, the IEA reported global electricity demand is expected to rise at a faster rate over the next three years, growing by an average of 3.4% annually through 2026. — one of the strongest sustained growth trajectories in many years.

To help meet this growing demand, GE Vernova announced more than $160 million investment in its Greenville, South Carolina, facility earlier this year. GE Vernova’s world-class manufacturing and services facility in Greenville will continue to represent the company’s largest gas turbine manufacturing plant and the HA Repairs Center of Excellence for the Americas Region, with the most powerful off-grid gas turbine validation facility in the world. This investment is focused on increasing capacity to help meet market needs, including plans to produce 70 to 80 heavy-duty gas turbines per year beginning in the second half of 2026 and shipping approximately 20 gigawatts annually starting in 2027. 

Soo Shing Tan had removed her hard hat and was leaving the Sultan Ibrahim (Track 4A) Power Plant in Pasir Gudang, in Johor, Malaysia, in the spring of 2024 when she realized something that made her smile. Tan is tooling director for the Asia region at One Field Services (OFS), part of GE Vernova’s Gas Power business.

GREENVILLE, S.C. (March 3, 2025) – GE Vernova, Inc. (NYSE: GEV) announced today that it has completed its acquisition of Woodward, Inc.’s heavy duty gas turbine combustion parts business based in Greenville, S.C. This acquisition plays an important role in GE Vernova's strategy to invest in U.S. manufacturing and employment, while also strengthening its domestic supply chain.

“The completion of this acquisition adds resilience to our supply chain, aiming to deliver greater value to our customers and the energy sector,” said Eric Gray, President & CEO, GE Vernova’s Gas Power business. “I’m excited to now officially welcome these experts to the GE Vernova team and integrate them into our business.”

Combustion parts like those manufactured by these experts play an integral role in GE Vernova’s industry-leading gas turbines, supporting customers’ ability to meet growing energy demands from load growth, data centers and other areas.

The close of this acquisition is in addition to the Company’s previously announced plans to invest more than $160 million and hire more than 650 new employees at its Greenville facility which has had a strong presence in South Carolina for more than 50 years.

The team will be led by Shane Long, Global Supply Chain Leader, GE Vernova’s Gas Power business. GE Vernova acquired all assets related to Woodward, Inc.’s Greenville site, and the financial terms of the acquisition are not being disclosed.

HOUSTON (February 26, 2025) - NRG today joined GE Vernova and TIC, a subsidiary of Kiewit, in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225753165/en/

In January, GE Vernova announced that it will invest nearly $600 million in its U.S. manufacturing facilities over the next two years to expand capacity to meet increasing energy demands — relying on an especially dynamic group of engineers: the executive site leaders steering operations at GE Vernova’s more than 115 manufacturing facilities.