GE Vernova Enters Into Innovation Agreement with German Grid Transmission Operators to Develop Key HVDC Technology for Future Electricity Network
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.