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The latest press releases from GE.com.
Updated: 2 hours 33 min ago

GE Vernova, Kandenko and Cosmo Eco Power to develop onshore wind farm in Fukushima, Japan

Wed, 01/31/2024 - 14:00
Signed Turbine Supply Agreement for 28 units of GE Vernova’s 3.2-103 turbine and long-term Full Service AgreementTotal installed capacity is approximately 90 MW, which can meet the power demand of an estimated 50,000 households on an annual basisTurbines will power Abukuma South Wind Power LLC

GE Vernova to build onshore electrical connection for Poland's largest offshore wind farm, Baltica

Tue, 01/30/2024 - 13:47
GE Vernova’s Grid Solutions business, in partnership with Polimex Mostostal, has been awarded a key contract for the Baltica 2 Offshore Wind Farm in Poland.The project involves building the onshore infrastructure including a 275/400 kV high voltage substation including STATCOMs and onshore export

ONEE, Nareva and GE Vernova sign MOU to decarbonize Laâyoune power plant, in Morocco; A first-of-its kind transition to green hydrogen in Africa

Tue, 01/30/2024 - 10:44
Project is a major step in Morocco’s National Office of Electricity and Drinking Water (ONEE) and Nareva’s plans to generate carbon-free electricity using green hydrogen as a viable alternative to heavy fuel oilsProject marks a first-of-this kind transition to green hydrogen in Africa for a

GE Vernova announces 1.4 GW of onshore wind projects with Squadron Energy in Australia

Mon, 01/29/2024 - 13:18
GE Vernova to supply the 6.0-164 workhorse turbine in strategic framework agreement, providing 1.4 GW of power generation across three sitesFramework agreement includes 414 MW Uungala Wind Farm, 400 MW Jeremiah Wind Farm and 700 MW Spicers Creek Wind Farm, all in New South WalesSpicers Creek is a

GE Vernova’s Nuclear business, GE Hitachi, selected for UK Future Nuclear Enabling Fund

Thu, 01/25/2024 - 13:56
WILMINGTON, North Carolina: January 25, 2024 — GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), today welcomed confirmation it has been awarded a £33.6 million UK Future Nuclear Enabling Fund (FNEF) grant from the Department for Energy Security & Net Zero (DESNZ). The UK

GE Vernova and IHI announce next phase of the technology roadmap aiming to develop a 100% ammonia capable gas turbine combustion system by 2030

Wed, 01/24/2024 - 12:09
Under a Joint Development Agreement (JDA), GE Vernova and IHI will collaborate to develop a new gas turbine combustor capable to use ammonia for power generation compatible with GE Vernova’s 6F.03, 7F and 9F gas turbinesCombustion testing will take place in IHI’s facilities in JapanThis agreement

GE ANNOUNCES FOURTH QUARTER 2023 RESULTS

Tue, 01/23/2024 - 13:14
Excellent 2023 supported by solid fourth quarter; GE Aerospace and GE Vernova ready to launch in early AprilFourth quarter 2023:Total orders of $21.7B, +8%; organic orders +7%Total revenues (GAAP) of $19.4B, +15%; adjusted revenues* $18.5B, +13% organically*Profit margin (GAAP) of 10.3%, +90 bps;

GE Vernova announces two updates to leadership team

Thu, 01/18/2024 - 15:06
Jessica Uhl to join as President overseeing R+D and Business DevelopmentPablo Koziner to serve as Chief Commercial OfficerCAMBRIDGE, MA: January 18th, 2024 – GE (NYSE: GE) today announced that GE Vernova has made two updates to its leadership team as the organization advances towards its planned

GE Vernova to equip new UK Fleet Solid Support (FSS) ships with hybrid-electric propulsion technology

Tue, 01/16/2024 - 13:00
Team Resolute consortium has chosen GE Vernova’s Power Conversion business in the UK to enhance naval operational efficiency with cutting-edge hybrid-electric propulsion technology for the UK`s Royal Fleet Auxiliary Fleet Solid Support (FSS) shipsCollaboration with Navantia UK, the FSS program’s

GE Vernova successfully completes modernization of 4 gas turbines at Kuwait’s Sabiya power plant, boosting efficiency and increasing output

Mon, 01/15/2024 - 10:00
The new upgrades are part of a broader effort by the Ministry of Electricity, Water and Renewable Energy to modernize the power generation infrastructure in KuwaitAGP upgrades for the plant’s 9F.03

GE Vernova announces 2.4 GW order for Pattern Energy’s SunZia wind project

Tue, 01/09/2024 - 14:00
Expected to be the largest wind project in US history, powered by GE’s next generation workhorse turbine 3.6-154Record order for GE wind with 674 turbines, providing 2.4 GW of power generation, bringing GE Vernova installed base with Pattern Energy to 4.3 GWReinforces GE Vernova’s commitment to

GE Vernova secures 12-unit Aeroderivative order to power first hydrogen-ready power plant in Queensland, Australia

Mon, 01/08/2024 - 11:15
CS Energy’s Brigalow Peaking Power Plant powered by GE Vernova’s LM2500XPRESS* aero-derivative technology  will be able to operate on 35 percent (by volume) of green hydrogen initially, with a pathway to 100 percent over this decadePlant marks Queensland’s first hydrogen-ready power

GE Vernova and Iberdrola announce Topolobampo III power plant comes online in Mexico

Wed, 01/03/2024 - 15:09
Iberdrola’s Topolobampo III plant uses GE Vernova’s 7HA.01 gas turbine technology to produce equivalent power needed to supply more than 1.6 million Mexican homesProject also features GE Vernova’s extended scope portfolio for greater efficiencyThe first 7HA.01-powered plant in Mexico provides up to

GE Board of Directors Authorizes Regular Quarterly Dividend

Fri, 12/15/2023 - 18:47
BOSTON, Mass.—December 15, 2023—The Board of Directors of GE (NYSE: GE) today declared a $0.08 per share dividend on the outstanding common stock of the Company. The dividend is payable January 25, 2024, to shareholders of record at the close of business on December 28, 2023. The ex-dividend date

GE and Forestalia sign collaborative agreement to install up to 693 MW of wind energy in Spain

Thu, 12/14/2023 - 16:00
Framework agreement between GE and Forestalia includes 110 onshore wind turbines across 16 project sites in Aragon, SpainFirst phase of 33 turbines already underwayAll projects will feature GE’s 6.1-158 workhorse turbinesMadrid, Spain: December 14, 2023 – GE Vernova announced today that it has

GE Vernova – MYTILINEOS consortium awarded £1bn contract to construct the UK’s first high-capacity east coast subsea link

Tue, 12/12/2023 - 13:02
GE Vernova-led consortium to supply and construct two High-Voltage Direct Current (HVDC) converter stations for EGL1 - National Grid and SP Energy Networks joint venture.HVDC system to be based on Voltage-Sourced technology – the most advanced HVDC technology.EGL1 HVDC link will enable the

GE Vernova awarded Services Agreement for Shuaiba North Power Station in Kuwait

Tue, 12/12/2023 - 10:30
TNB REMACO – Al Dhow Joint Venture awards GE Vernova a five-Year Service Agreement for 876-megawatt (MW) plant in Al Ahmadi, KuwaitMulti-year agreement includes the supply of parts, repairs, field services, advanced predictive maintenance, and digital solutionsAgreement is part of a broader effort

HH Sheikha Shamma bint Sultan bin Khalifa bin Zayed Al Nahyan and GE Vernova CEO Scott Strazik inaugurate ‘Wonders of Wind’ exhibit at COP28

Sun, 12/10/2023 - 08:00
Dubai, UAE: December 10, 2023 - HH Sheikha Shamma bint Sultan bin Khalifa bin Zayed Al Nahyan, President & CEO of the UAE Independent Climate Change Accelerators (UICCA) and Scott Strazik, CEO of GE Vernova, inaugurated the ‘Wonders of Wind: Double Down to Reach 3xRenewables by 2030’ exhibit in

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