GE Vernova

Recent news

• Sep 1, 2026

  Ansaldo Returns to U.S. Gas Turbine Market as Equipment Crunch Widens Supplier Field

  Ansaldo Energia has announced an order to supply Pacifico Energy with eight AE64.3A gas turbines and associated generators for a Texas data center power project.

  • First equipment deliveries are scheduled for 2027; the eight units represent about 624 MW of nominal generating capacity based on the 78-MW simple-cycle rating.
  • The article says the project supports major data center infrastructure and places Ansaldo back in the U.S. generation market after more than 30 years; Pacifico Energy has separately identified Texas projects including GW Ranch and Fort Spunky.
• Sep 1, 2026

  Is the Smart Money Buying Operators Rather Than Megawatts?

  Kyuden International Corp. has completed its acquisition of IHI Power Services Corp., which has been renamed Kyuden Energy Partners Corp., in a move that expands Kyuden’s U.S. power-plant operating capability.

  • The article says the transaction closed in July and that the buyer chose to acquire operating capability, not power plants, as it expands its U.S. plant ownership over the next several years.
  • The seller, IHI Corp., described the divestment as part of a structural reform of its overseas Carbon Solution business; the operator’s revenue fell from about $136 million in fiscal 2024 to roughly $126 million a year later.
• Aug 10, 2026

  More Data Center Operators Commit to Abbott’s Texas Standards as Power Companies Endorse ERCOT Batch Framework

  Texas data center operators and power companies have responded to Gov. Greg Abbott’s directive by publicly endorsing tighter standards for grid access, water use, and transparency.

  • First coordinated corporate response: Skybox Datacenters, MARA, Digital Realty, QTS, Compass, Montera, and others said they will comply with Abbott’s standards and disclosure expectations tied to the ERCOT large-load queue review.
  • Policy and project details: Abbott’s Aug. 3 order follows a June 10 directive and could lead to legislation on cost allocation, water-efficient cooling, annual reporting, and incentive changes; ERCOT’s Batch Zero groups projects of 75 MW and greater for a single study.
  • Company examples: MARA said it curtailed about 550 MW during Winter Storm Fern; Hut 8 described 1.5 GW of Texas capacity and its 1-GW Beacon Point campus; NRG said its Texas BYOP project centers on a 1.2-GW plant and $3.2 billion investment.
• Aug 5, 2026

  The POWER Interview: NRG’s Case for Bring Your Own Power—and the Labor to Build It

  NRG Energy has announced its first Bring Your Own Power (BYOP) project: a 1.2-GW combined-cycle plant in Texas supported by a 15-year contract with a global cloud and artificial-intelligence hyperscaler.

  • The project has a $3.2 billion estimated cost, is targeted for commercial operation in late 2029, and could be expanded to 2.4 GW; NRG said it has agreed principal commercial terms but still needs final investment decision approval, with land-related matters still ongoing.
  • NRG said roughly 95% of free cash flow would be backed by capacity payments; the company also cited $2,700/kW build cost, a 12% to 15% pretax unlevered IRR target, and said the plant is designed to operate connected to the grid or in island mode. The article also includes an interview with Matthew Pistner discussing Texas data-center load growth, labor constraints, and NRG’s broader development strategy.
• Aug 3, 2026

  Is the Power Project Crunch Upending the Owner—EPC Model?

  The POWER article reports that developers, utilities, EPC contractors, hyperscale data-center buyers, and grid operators discussed how the current generation buildout is forcing earlier EPC involvement, more repeatable designs, deeper supply-chain tracking, and tighter coordination across plant construction, fuel supply, and grid access.

  • At the Energy Projects Conference & Expo (EPC Show) in Houston, Texas, speakers said owners are engaging EPCs earlier, locking in turbine and equipment slots sooner, and dealing with long lead times for transformers, switchgear, breakers, and other electrical gear.
  • Entergy Louisiana said it is using a repeatable combined-cycle design for about 26 turbines; Google described 20- to 30-year infrastructure commitments and a bifurcated energy strategy; QTS Data Centers said it keeps about $18 billion in materials and builds the same 3-MW chunk repeatedly; NRG Wholesale said it is building three plants in Houston backed by the Texas Energy Fund; NRG also noted 20% to 30% of critical craft roles may retire within five years.
• Jul 30, 2026

  Aalo, Crusoe Plan 2027 INL Demonstration Pairing Nuclear Power and AI Data Center Load

  Aalo Atomics and Crusoe have announced a strategic partnership to develop a nuclear-powered AI Factory data center, beginning with a proof-of-concept deployment at Idaho National Laboratory in 2027.

  • Aalo will initially power a Crusoe Spark modular data center running Crusoe Cloud at INL in 2027.
  • The companies intend to deploy Aalo Pods and 50-MWe Aalo XMR power plants at Crusoe data centers by the end of 2029.
  • The article also says Aalo’s Critical Test Reactor (CTR) reached criticality at INL on July 4, and that Aalo-X is planned as a 30-MWth/10-MWe sodium-cooled demonstration plant.
  • Crusoe said its contracted AI infrastructure capacity was approaching 5 GW and cited other projects including a 900-MW campus in Abilene, Texas, a 1-GW campus in Childress, Texas, a roughly 750-MW U.S. power agreement, a 12-GWh battery agreement, and a 5-GW AI UPS deployment agreement.
• 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.