About

GE Vernova, a GE spinoff focused on the energy transition, provides comprehensive energy storage solutions including pumped hydro, CAES, and battery storage systems. With decades of power generation experience, they deliver reliable grid-scale storage globally.

History & Background

GE Vernova was spun off from General Electric in April 2024 as an independent company focused on power generation, wind, and electrification. The company brings over 130 years of GE's energy technology expertise, including a long history in pumped hydro and gas turbine technologies relevant to CAES.

Key Milestones

  • 2024: GE Vernova spin-off from GE completed
  • 2024: Listed on NYSE (GEV)
  • 2024: Global portfolio of 400+ pumped hydro units
  • 2024: CAES technology development

Products & Systems

GE Vernova Pumped Hydro Storage

⚡ 500 MW · ⏱️ 8 h

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GE Vernova CAES System

⚡ 300 MW · ⏱️ 12 h

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Markets Served

Utility-scale storage Pumped hydro Grid stability Renewable integration