GE Vernova Signs Several Deals To Bolster Energy Business Growth

By Editor


GE Renewable Energy has made several announcements – including deals, investment in manufacturing facilities – to bolster its business growth in 2023.

Renewable Energy business of GE Vernova has reported orders worth $5,352 million and revenue of $2,837 million during the first quarter of 2023 — driven by higher equipment demand at Grid and Onshore Wind in North America.

Power business of GE Vernova has achieved orders of $4.1 billion and revenues of $3.8 billion driven by transactional and Aeroderivative service growth at Gas Power.

GE plans offshore wind facilities in New York

GE has submitted a plan to construct two new manufacturing facilities in New York if it wins a sufficient volume of orders from customers in the State’s ongoing solicitation for up to 4.6 GW of offshore wind.

GE proposed building factories for offshore wind manufacturing with Carver Companies at their Port of Coeymans site.

LM Wind Power, a GE subsidiary, is ready to build a facility to manufacture offshore wind turbine blades—creating approximately 650 direct jobs.

GE Vernova, GE’s portfolio of energy businesses, proposed building a facility to build nacelles, which house the generating components of a wind turbine. This facility would create approximately 220 direct jobs.

GE connects Jinzhai pumped storage hydro power plant in China

GE recently said it connected all units at 1.2 GW Jinzhai pumped storage hydro power plant in China.

GE Hydro Solutions worked with Anhui Jinzhai Pumped Storage Power, one of the divisions of State Grid Xin Yuan, to supply four new 300 MW pumped storage turbines, generator-motors as well as the balance of plant equipment for the Anhui Jinzhai pumped storage power plant located in the Jinzhai County, Anhui Province, China. The first two units were connected to the grid in October 2022.

GE Renewable Energy wins deal from Repsol

GE Renewable Energy has strengthened its position in Spain through a new agreement with Repsol to install 133 MW in Aragon, Spain.

GE Renewable Energy will supply 22 units of its 6.1 MW wind turbines to Repsol – to six of the wind farms in its Delta II project (Santa Cruz I, Amp, II, III, and San Isidro I and II) in Aragon.

These six wind farms will have a total combined capacity of 133 MW and will supply energy to the equivalent of 100,000 homes. The Delta II project is Repsol’s largest renewable project currently under construction, with a total capacity of 860 MW.

The blades will be manufactured by GE’s wind turbine blade subsidiary, LM Wind Power, which operates from Ponferrada (León) and Castellón in Spain. The wind turbine towers will also be produced in Spain, while the nacelles will be produced in Salzbergen, Germany.

WPD selects GE Renewable Energy

WPD has selected GE Renewable Energy to supply 16 onshore wind turbines to three wind farms to be built in Landkreis Uelzen, Niedersachsen, 100km south-east of Hamburg, Germany.

The total installed capacity will be 88 MW. The three projects will operate GE’s 5.5 MW turbines with a rotor diameter of 158m. The agreement also includes a 15-year full-service contract with an extension option of another 5 years.

Two projects, Bankewitz and Mussingen, are expected to be commissioned and operational by the end of 2023 while the third one called Flinten is scheduled in the first quarter of 2024.  Together, the 3 wind farms will produce enough power to supply electricity to the equivalent of about 90,000 households per year.

GE Renewable Energy wins in Lithuania

GE Renewable Energy has been selected by Inikti as the supplier for the Otada wind farm in Lithuania, located near Sakiai city in the south west of the country. With this 18 MW project, GE’s total installed onshore wind capacity in Lithuania will reach close to 500 MW by the end of 2023.

The developer and investor of the wind farm – Inikti – will operate four GE turbines at 5.5 MW derated at 4.5 MW, with a rotor diameter of 158m. All turbines will be erected on a 151m tower. The installation of the wind turbines at the project site will take place in Q3 2023.

In Nepal

GE Renewable Energy’s Grid Solutions business has won a contract from Nepal Electricity Authority (NEA) to automate 39 substations of various ratings across Nepal, including construction of six Master Control Centers (MCCs).

GE Renewable Energy has selected Eastgate Engineering, based in Billingham, Teesside, to provide mechanical and electrical activities for the pre-assembly of the towers and nacelles for the Haliade-X turbines to be used at Dogger Bank Offshore Wind Farm.

Deal with WAPDA

GE has been selected by Water and Power Development Authority (WAPDA) for the refurbishment of two hydropower units (9 & 10) at the Mangla hydropower plant in Pakistan.

Previously, GE has already been selected for the ongoing refurbishment of six other units (1 to 6) at the same site. The 100 MW units will be replaced by 135 MW units.

Deal with Sembcorp Marine

GE Renewable Energy’s Grid Solutions business has won High-Voltage Direct Current (HVDC) contracts for a total of approximately 6 billion euros as part of a specially formed consortium with Sembcorp Marine for TenneT’s innovative 2GW Program in the Netherlands.

GE Vernova Investments

GE Vernova, GE’s portfolio of energy businesses, expects to make investments this year – including capacity upgrades, facility maintenance, and equipment and tool management – to bolster its efforts in driving the energy transition and accelerating the path to reliable, affordable, and sustainable energy.

GE Vernova will make investment of $35 million in Greenville, South Carolina for capacity, facility maintenance, and equipment and tool maintenance, among other areas.

GE Vernova will make investment of $20 million in nacelle manufacturing facilities in Pensacola, Florida to expand production capacity and bring new products to market.

GE Vernova will make investment of $11 million in Schenectady, New York, including investments in capacity, facility maintenance, and equipment and tool management.

Deal with Ecogreen Energy

GE has won a contract from Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be built in Nigde, Turkey. This project adds up to the 1.3 GW of solar projects GE is delivering in Turkey.

Deal with PGE Odnawialna

GE Renewable Energy has signed a contract with PGE Odnawialna to replace the four 125 MW pumped turbines and generators of the Porabka Zar pumped hydro storage plant in Poland.

Deal with Red Electrica

GE – in consortium with Cobra Infrastructuras Hidraulicas – has won a contract from Red Electrica, the transmission agent and operator of the electricity system in Spain, to deliver six Pumped Storage turbines for the 200 MW Chira Soria project in Gran Canaria, Spain.

Investment in Schenectady

GE Vernova will invest $50 million at its Schenectady, NY, facility and hire approximately 200 new full-time employees including skilled union operators, manufacturing engineers, and front line leadership to establish a new manufacturing assembly line for its onshore wind business. The site will assemble three key components for GE Vernova’s 6.1 MW turbine.

Deal with Hafslund Eco

GE Vernova’s Hydro Power business has won a contract from Hafslund Eco to deliver new Rotorpoles for the 3x 280 MW / 300 MVA water-cooled generators used by the Aurland 1 hydropower plant in Norway.

GE Vernova’s Solar & Storage Solutions business has signed an agreement with Fortune Electric to manufacture its Battery Energy Storage Solutions (BESS) in Taiwan.

Rajani Baburajan

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