GE Vernova

Recent news

• Jul 6, 2026

  Aalo Atomics’ Test Reactor Reaches Criticality at INL, Fourth DOE-Authorized Advanced Reactor by July 4

  Aalo Atomics has announced that its Aalo-X Critical Test Reactor (CTR), dubbed Project First Light, reached criticality at Idaho National Laboratory on July 4, making it the fourth DOE-authorized advanced reactor to achieve criticality in the recent federal reactor testing push.

  • DOE said Aalo’s test reactor successfully completed a zero-power fueled criticality demonstration at INL under the Reactor Pilot Program; Aalo told POWER the CTR reached criticality at 12:20 a.m. MT on July 4.
  • Aalo CEO Matt Loszak said criticality paves the way for the Aalo Pod to power commercial data centers after NRC authorization; Aalo said the 10 MWe Aalo-X design supports construction and licensing in 2027 and operations/safety demonstrations in 2028.
  • The article also says Aalo has begun work on Project Ascension, a second reactor on the INL campus, with excavation and earthwork completed and first concrete being prepared; Aalo expects to finish it by end-2026 and make commercial-scale electricity in 2027.
• Jul 1, 2026

  AI Interconnect Delays Spur $1.75B National Grid–Joulent Deal

  National Grid has announced a $1.75 billion strategic minority investment in Joulent through National Grid Ventures.

  • Main announcement: National Grid Ventures is making a $1.75 billion strategic minority investment in Joulent to expand its project pipeline and support dedicated generation for hyperscale AI data centers; the funding specifically supports Joulent’s first project, Project Kilby (2.67 GW) in Reeves County, Texas, where Joulent has formalized a 50% ownership stake and will develop the site with Chevron subsidiary Energy Forge and GE Vernova under a 20-year PPA to supply a Microsoft-operated data center campus.
  • Background and details: Joulent was publicly launched by Engine No. 1 as a standalone company focused on multi-gigawatt power for AI and large industrial customers; the company’s Across-the-Meter model places dedicated generation adjacent to AI campuses to accelerate timelines while allowing for eventual grid interconnection and future incorporation of renewables (beginning with solar).
• Jul 1, 2026

  Brookfield-Bloom $25B Aims to Make Energy Certainty Financeable

  Brookfield Asset Management announced an expansion of its financing partnership with Bloom Energy, increasing the framework from $5 billion to $25 billion to accelerate on-site fuel-cell generation for hyperscalers and AI developers.

  • Main announcement: Brookfield expanded its financing framework with Bloom Energy from $5 billion to $25 billion, intended to fund Bloom fuel-cell projects globally and shorten deployment timelines by pairing financing with on-site power while projects await utility interconnection. The expansion is positioned within Brookfield’s AI Infrastructure Fund (launched late 2025) which aims to deploy $100 billion across AI factories, power solutions, compute infrastructure, and strategic capital partnerships.
  • Background and implementation details: The original financing framework was established in October 2025; the expanded program will bundle capital with power, compute, and data center infrastructure from day one to enable projects to advance during long utility interconnection queues. The announcement frames energy certainty (reliable on-site megawatts) as a financeable element of AI infrastructure rather than a routine utility arrangement.
• Jul 1, 2026

  Blue Energy, GE Vernova Advance ‘Gas Bridge’ Model to Unlock Nuclear Finance

  Blue Energy and GE Vernova announced a collaborative 2.5-GW gas-plus-nuclear project planned for the Port of Victoria, Texas, and Blue Energy previously signed a strategic partnership with Crusoe to supply nuclear-powered baseload to Crusoe’s AI data center campus.

  • Main announcement: Blue Energy and GE Vernova announced a 2.5-GW collaboration (May 2026) to develop what they describe as the world’s first gas-plus-nuclear power plant at the Port of Victoria, Texas; the agreement includes a slot reservation for two GE 7HA.02 gas turbines (2029 delivery) expected to provide ~1 GW of power by 2030, with up to five BWRX-300 SMRs supporting about 1.5 GW of nuclear generation as early as 2032. The project is subject to a final investment decision in 2027 and Blue Energy plans to apply for an NRC construction permit in 2027.
  • Background & financing details: Blue Energy (founded 2023, emerged from MIT) exited stealth with a $45 million Series A and says its modular prefabrication model could reduce costs from >$10,000/kW to ~$2,000/kW (target later stated) and cut build time from ~10 years to as low as 48 months for the gas-to-nuclear sequence; Blue Energy cites ~$100 million of prior site work on the Port of Victoria tract from Exelon, and GE Vernova brings large equipment and services backlogs (e.g., $87B services backlog, $76B equipment backlog) that factor into supply-chain scaling and timing.
• Jun 23, 2026

  Chevron Lands 20-Year Microsoft Deal to Power West Texas AI Campus

  Chevron and Microsoft announced a 20-year power supply agreement for Project Kilby, a planned Microsoft-operated data center campus near Pecos, Texas.

  • Main announcement: Chevron (through subsidiary Energy Forge One) and Microsoft signed a 20-year agreement to supply dedicated dispatchable power for Project Kilby, targeting approximately 2.67 GW of generation capacity built in phases with first power planned for 2028 and Chevron aiming for a final investment decision by end of 2026. Microsoft said the campus will add roughly 2 GW of data center capacity over the next 5–7 years.
  • Background and implementation details: Turbine suppliers identified include GE Vernova and Solar Turbines (a Caterpillar subsidiary); the project is sited in the Permian Basin to leverage local natural gas fuel and infrastructure. The development is expected to create more than 6,000 construction jobs and hundreds of permanent operational positions, and it formalizes talks disclosed in April into a binding long-term power agreement.
• Jun 23, 2026

  Chevron signs power supply deal with Microsoft for Texas data center

  Chevron has signed an agreement with Microsoft to develop a co-located natural-gas-fired power facility, Project Kilby, to supply dedicated electricity to Microsoft’s Pecos, Texas data center campus.

  • Agreement details: Chevron will develop the co-located facility Project Kilby to provide dedicated electricity to Microsoft’s data center campus at Pecos, Texas for 20 years, with the campus planned to expand by 2 gigawatts and Kilby ramping to 2.67 gigawatts over time.
  • Background & timeline: The multi-billion-dollar Microsoft data center expansion is expected to unfold over five to seven years and support over 6,000 construction jobs; Project Kilby is expected to provide first power by 2028, with Chevron aiming to announce a final investment decision by the end of this year. Additional partners include Engine No. 1, GE Vernova (majority turbine supplier) and Caterpillar/Solar Turbines (additional capacity).
• Jun 17, 2026

  GE Vernova Highlights More Generation, Carbon Reductions, New Technologies in Sustainability Report

  GE Vernova released its 2025 Sustainability Report on June 17, 2026, highlighting new generation capacity, emissions reductions, and progress on SMRs, CCS, DAC, and fuels innovation.

  • Main announcement: GE Vernova reports 26 GW of new power generation capacity brought online in 2025 (approximately the capacity of Louisiana), with that new capacity having ~31% lower carbon intensity than the global average grid, 47% of new capacity deployed in developing and emerging economies, and a 64% reduction in Scope 1 and 2 operational emissions since 2019. The report also details breakthrough projects: the first licensed SMR construction at Ontario Power Generation’s Darlington site (April 2025 license), construction start on Net Zero Teesside (NZT) Power in the UK (expected >740 MW lower-carbon output), and an operational 10‑ton‑per‑year DAC pilot in Niskayuna, New York (with planned deployment to Deep Sky Alpha in Alberta).

  • Background and implementation details: GE Vernova is supplying the full power island for the Teesside project (including a 9HA.02 turbine, STF-D650 steam turbine, W88 generator, and triple HRSG) and will provide an EGR system; the Teesside carbon capture system will use Technip Energies’ Canopy by T.EN solution with Shell Cansolv capture technology. The report launched an Electrification Impact Tracker on GE Vernova’s sustainability website (metrics to be updated roughly quarterly). The GE Vernova Foundation distributed $12.8 million in family giving and $800,000 in disaster relief in 2025.

• Jun 4, 2026

  Replacing Diesel in AI-Scale Data Centers: Gas Engines, Turbines, and Steam

  This article analyzes a sector-wide shift: data center operators are moving from diesel backup toward natural gas reciprocating engines, gas turbines, and packaged-boiler-fed steam turbines.

  • Main action: Data centers and AI campuses are substituting diesel with on-site natural gas engines and turbines (and, where gas-turbine lead times are long, packaged boilers feeding steam turbines). Key, verifiable project details: 15 Wärtsilä Energy 18V50SG engines to supply nearly 300 MW at an Ohio project; Caterpillar received a 2 GW order from American Intelligence & Power Corp. for the Monarch Compute Campus (West Virginia) using Cat G3516 fast-response gas generator sets, with the 2,250-acre site potentially adding up to 6 GW more; mobile turbine units (e.g., Dynamis trailer-mounted 8–70 MW units; DT24 = 24 MW at 13.8 kV) and Certarus CNG logistics are being used as interim solutions, with Certarus supplying over 120 MW now and an additional 135 MW project slated to start in 2027.
  • Background and implementation details:Gas-turbine lead times have lengthened (reports of delivery pushed to the end of the decade for some large models), prompting use of mobile turbines and packaged boilers; Rentech notes packaged boiler lead times of ~1 year and states packaged boilers can feed steam turbines at efficiencies comparable to gas turbines during peak hours. The Oracle/OpenAI Stargate Abilene project uses a mix of GE Vernova LM2500XPRESS and Solar Turbines Titan 350 units and could consume as much as 1.2 GW. Analyst Shen Wang (Omdia) projects ~60 GW of new AI data center power capacity per year by 2030. The article is an analytical sector overview rather than a single-entity press announcement.
• May 27, 2026

  Service Engineer

  GE Renewable Energy has posted a job opening for a Service Engineer (IT Infra and Cyber Security) based in NOIDA, UTTAR PRADESH, INDIA.

  • Role & Application: The position is Full time; requires Degree in Computer Science or equivalent, located in NOIDA, Uttar Pradesh, India, and applicants should apply via the GE Vernova careers link: https://careers.gevernova.com/service-engineer-it-infra-and-cyber-security/job/R5042818.
  • Responsibilities & Requirements: The role covers System Admin and Cyber Security Engineer duties across core infrastructure (network, security, virtualization, patching, monitoring, backups), operating and maintaining security tools (vulnerability and compliance scans), adherence to ISO9001 and ISO27001, and expects willingness to travel and fluent English.
• May 19, 2026

  SK Innovation begins construction on LNG-fired power plant in Vietnam

  SK Innovation has begun construction of a 1.5GW LNG-fired combined-cycle power plant as part of the $2.3bn Quynh Lap LNG Project in Vietnam.

  • Main announcement: SK Innovation has started construction of a 1.5GW LNG-fired combined-cycle power plant and an LNG terminal at the Quynh Lap Project in Nghe An Province, Vietnam, a $2.3bn project developed in partnership with PetroVietnam Power (PV Power) and NASU; the project is targeted to commence commercial operations by the end of 2030 and held a groundbreaking ceremony attended by more than 300 government and industry representatives including Choo Hyeong-Wook and Vietnam Deputy Prime Minister Le Tien Chau.
  • Background and implementation details: In March 2026, GE Vernova was contracted by PV Power to supply 9HA.02 gas turbines and H78 generators for the combined-cycle plant; the initiative implements SK Group’s Specialised Energy-Industry Cluster model and is intended to provide reliable power for nearby high-tech industrial areas and support the development of AI data centres and related infrastructure.
• May 15, 2026

  AI Data Centers Are Driving Nuclear's Next Commercial Test

  NANO Nuclear signed a non-binding MOU with Supermicro on May 6 to explore integrating microreactors with Supermicro’s AI servers and data center platforms.

  • Main announcement: The May 6 non-binding MOU between NANO Nuclear and Supermicro will explore dedicated on-site nuclear power for data centers, including integration of Supermicro AI racks and cooling with NANO’s KRONOS MMR, joint go-to-market strategies for hyperscale and enterprise customers, and a self-powered, grid-independent AI infrastructure model. The agreement is explicitly exploratory and is not a PPA, financing, construction start, or NRC license.
  • Related developments & context: Multiple parallel actions include Terrestrial Energy–Riot Platforms MOU to evaluate deployments of IMSR units (possible multiple 390 MW units and up to 4 GW across candidate sites in Texas and Kentucky), X-energy’s IPO (~$1 billion raised via 44.3M shares at $23 each), and Blue Energy–GE Vernova’s 2.5 GW gas-plus-nuclear strategy (FID target 2027, gas turbines targeted for 2029 delivery). Constellation’s Crane restart is backed by a 20‑year Microsoft agreement and is contingent on regulatory/interconnection decisions potentially decided in June or July.
• May 15, 2026

  Battery Storage Gains Ground as Data Centers Seek Diesel Alternatives

  Caterpillar has reached an agreement to supply American Intelligence & Power Corporation (AIP) with Cat G3516 fast-response natural gas generator sets for AIP’s Monarch Compute Campus near Point Pleasant, West Virginia.

  • Main announcement: Caterpillar will supply Cat G3516 fast-response natural gas generator sets to AIP’s Monarch Compute Campus, with deliveries scheduled this year and a campus power target of 2 GW in 2027; BESS will augment the system to handle extreme AI transients.
  • Context and additional details:MarketsandMarkets projects the global BESS market to grow from $50.81 billion in 2025 to $105.96 billion by 2030; BloombergNEF reports 112 GW of annual energy storage additions in 2025. The article notes Oracle adding BESS at multiple data centers, Aligned Data Centers funded and gifted a BESS facility to a local utility (data center access up to four hours on weekdays during outages), and Baker Hughes supplying 16 NovaLT gas turbines to Frontier Infrastructure combined with BESS and synchronous condensers. Synchronous condenser and power-electronics suppliers named include Siemens Energy, Eaton, and GE Vernova, with hybrid examples such as the Shannonbridge project in Ireland (70 MW BESS with a synchronous condenser).
• May 14, 2026

  Land and Expand: NVIDIA, IREN, Coatue, Microsoft, Switch, Cerebras, Core Scientific

  NVIDIA announced two major partnerships to accelerate industrial-scale AI infrastructure deployment with IREN and Corning Incorporated.

  • Main announcement: NVIDIA partnered with IREN to target deployment of up to 5 gigawatts of NVIDIA DSX-aligned AI infrastructure (focus on IREN’s 2-gigawatt Sweetwater campus in Texas) and separately partnered with Corning Incorporated to expand U.S. optical connectivity manufacturing (10x optical connectivity capacity increase; >50% domestic fiber production increase; construction of three new advanced manufacturing facilities in North Carolina and Texas). The IREN deal includes a five-year right for IREN to sell NVIDIA up to 30 million ordinary shares at $70 per share (potential consideration up to $2.1 billion).
  • Background and details: The article details additional industry moves into powered land, gigawatt campuses, crypto-to-AI conversions, and domestic supply-chain expansion, including Coatue/Next Frontier & Fluidstack’s 430 MW Indiana campus backed by $5.7 billion in senior secured notes (first 65 MW online by July 2027), Digi Power X’s 10-year MSA with Cerebras for a 40 MW Columbiana, AL campus (initial contract ~$1.1 billion, potential $2.5 billion, Phase 1 ready-for-service targeted Dec. 15, 2026), CloudBurst’s Texas campus ($14.5 billion investment; 1.2 GW planned), and Core Scientific’s acquisitions and campus expansions (e.g., $421 million cash acquisition of Polaris DS LLC; Muskogee and Pecos expansions to ~1.5 GW gross power).
• Apr 24, 2026

  Siemens Energy raises outlook as demand for power equipment soars

  Siemens Energy has raised its 2026 sales and profit guidance, citing strong demand from data centres and grid equipment.

  • Main announcement: Siemens Energy now expects sales to grow by 14-16% (up from 11-13%) and forecasts profit margin before special items of 10-12% (up from 9-11%); the company cited “positive business development” and strong market demand. The company released preliminary Q2 results showing sales of 10.3 billion euros (up 8.9%) and profit before special items of 1.16 billion euros (up 28%).
  • Background and details: The company’s Frankfurt-listed shares rose 6.6% (trading higher at 1640 GMT) and its market value reached around 158 billion euros (~$185 billion). The report was a preliminary release ahead of official publication on May 12. The group’s wind division Siemens Gamesa narrowed its quarterly operating loss to 44 million euros (from a 249 million euro loss a year earlier).