• GE Vernova and Seatrium Consortium secure third contract for TenneT's 2 GW HVDC program in the Netherlands
• The HVDC system will support TenneT's sustainability goal of installing 40 GW of offshore wind energy in the German and Dutch North Sea

CAMBRIDGE, Mass - June 07,2024 – GE Vernova Inc. (NYSE: GEV) and Seatrium Limited (Seatrium or the Group) today announced that, they been awarded a third contract by TenneT TSO B.V.

• GE Vernova secures a major order to supply grid equipment and solutions through GEAT for Sonelgaz projects.
• The order includes supplying advanced electrification for 134 substations by 2028 to enhance Algeria’s grid infrastructure.

Algiers, Algeria (July 17, 2024) – GE Vernova Inc. (NYSE: GEV) today announced that it has secured a major order from Sonelgaz through their joint venture, GE Vernova Algeria Turbines (GEAT), to enhance Algeria’s grid infrastructure.

Berlin, Germany, July 18, 2024 - GE Vernova’s Electrification business (NYSE:GEV) today announced that is has entered into a research & development contract with four German Transmission System Operators (TSOs).

The R&D agreement with TenneT TSO GmbH, 50Hertz Transmission GmbH, Amprion GmbH and Transnet BW GmbH for the design and engineering of a Multi-Terminal/Multi-Hub High-Voltage Direct Current (HVDC) connection solution marks a key initial milestone on the path to a future high voltage grid for Germany and Europe’s energy transition.

• Electrification, a GE Vernova business, introduces the GRiDEA portfolio, which aims to decarbonize power transmission.
• The portfolio features advanced SF₆-free equipment, significantly cutting CO₂ equivalent emissions compared to traditional SF₆ switchgear.
• GRiDEA also focuses on reducing raw material usage, extending equipment lifespan and improving grid efficiency.

Paris, France – (Aug 26, 2024) – GE Vernova (NYSE:GEV) today announced the launch of Electrification’ GRiDEA port

• GE Vernova’s Electrification has launched a new product within its renamed FACTSFLEX STATCOM portfolio: FACTSFLEX GFMe.
• FACTSFLEX GFMe combines STATCOM technology with supercapacitor energy storage and improves grid reliability and stability in voltage- and frequency disturbances by providing virtual inertia and grid forming controls especially in areas with weaker infrastructure or high renewable energy.
• Available globally, FACTSFLEX GFMe aims to support the global transition to cleaner energy with stable and e

• France’s Réseau de Transport d’Electricité (RTE) will work with Electrification, a GE Vernova business, to implement the world’s first 245 kV SF₆-free gas-insulated substation (GIS) under the ongoing frame agreement.
• This project aligns with RTE’s commitment to reducing its carbon emissions and upgrading its high-voltage grid infrastructure.
• The project will deploy newly launched SF₆-free B105 GIS (B105g), developed by GE Vernova’s Electrification business with support from the EU’s LIFE Program, the European Un

• The collaboration will focus on enhancing substation monitoring by combining technologies like gas sensing, breakers and bushing monitoring, and infrared thermography, along with AI and ML, to improve diagnostics and asset management for utilities and TSOs.
• The first output from this collaboration, integrating SWI’s infrared sensors into GE Vernova’s DGA 900 Plus system, is expected to be commercially available in early 2025.
• The two companies will also integrate SWI’s Pan/Tilt substation level sensors within GE

The European Commission’s LIFE program, the European Union’s funding instrument for the environment and climate action, has awarded GE Vernova’s Electrification business €2.5 million to fund the development of a solution to remove up to 60% of sulfur hexafluoride (SF₆) gas in its older T155 GIS.
The EU’s LIFE program recognizes the potential of GE Vernova’s Electrification business’ g³ insulating and switching gas as an alternative to SF₆ to help reduce global greenhouse gas emissions.

• Energization of five new 132 kV substations ahead of schedule
• Four additional 132 kV substations to be energized by summer 2025
• Upon completion of the ten substations, the Iraqi transmission system will be able to transmit an additional 2,200 MVA of power, enabling improved transmission of electricity equivalent to the power needed for approximately 300,000 households or about 1 million people in Iraq

Baghdad, Iraq, October 31, 2024 — In a major boost to Iraq's electricity infra

• GE Vernova opens new Power Transmission Units supporting Services activities.
• The Power Transmission Service Units network complemented Service Expert Shops already in operation in Europe and Turkey
• Supporting the optimization of installed high voltage equipment

GE Vernova announced the opening of Power Transmission (PT) Services Units in Toluca (Mexico), Sharjah (UAE), Padappai (India), Stafford (UK) and Suzhou (China).