GE Vernova plans to invest USD$20M in Singapore to boost innovation in repair capabilities and technologies on next generation of its High efficiency, Air-cooled (HA) gas turbines

• The investment, supported by the Singapore Economic Development Board aims to strengthen HA gas turbine repair capabilities and technologies at GE Vernova’s Advanced Manufacturing Repair Technology Center located at the Global Repair Service Center in Singapore 
• The project plans to add more than 100 technical roles to handle more innovative repairs on turbine components 
• The introduction of advanced robotic technologies leveraging AI and lean methodologies will boost repair capabilities for HA gas turbines Hot Gas Path components repairs

GE Vernova Inc. (NYSE: GEV), with support from the Singapore Economic Development Board (EDB), today announced plans to invest USD$20 million to introduce development of next-generation repair capabilities and technologies for GE Vernova’s High Efficiency, Air-Cooled (HA) gas turbines at its Advanced Manufacturing Repair Technology (AMRT) Center located at the Global Repair Service Center in Singapore. This investment follows GE Vernova’s 2019 announcement to invest up to USD$60 million over 10 years to make the Global Repair Service Center in Singapore a world leader in power generation technology development, implementation and repairs. This commitment is designed to strengthen current HA repair capacity in the region through the introduction and development of repair capabilities and innovative robotic technologies leveraging AI, the implementation of lean methodologies and the hiring of over 100 technical roles in the next five years.

The announcement was unveiled during a signing ceremony for an agreement between GE Repair Solutions Singapore Pte. Ltd., a wholly owned subsidiary of GE Vernova, with EDB and GE Vernova’s leadership attending, including Scott Strazik, GE Vernova’s CEO, and Png Cheong Boon, EDB Chairman, and Cindy Koh, EDB Executive Vice President.

Gas is going to play an incredibly important role this decade and our gas turbine installed base is growing rapidly in Asia. A dollar invested in gas isn't a dollar invested in carbon forever as GE Vernova’s gas power technology is engineered to support the path towards decarbonization adopting pre- or post-combustions solutions.

Currently over one-third of GE Vernova’s HA gas turbines are located in or are on order for the region. Asia’s projected continued growth trajectory also means the percentage of HA turbines in the region is expected to grow.

GE Vernova’s H-Class Combined Cycle power plant is engineered to support the path towards decarbonization of gas power. It is the most responsive and flexible in the industry enabling grid operators to dispatch power quickly and a great complement to intermittent renewables sources. Currently, the HA gas turbines have the capability to burn up to 50% by volume of hydrogen when blended with natural gas, with a technology roadmap to achieve 100% hydrogen in this platform in the next decade.

The facility is now one of GE Vernova’s largest gas turbine repair facilities globally with special capability for HA gas turbines. GE Vernova’s world-class manufacturing and services facility in Greenville will continue to represent the company’s largest gas turbine manufacturing plant and the HA Repairs Center of Excellence for the Americas Region, with the most powerful off-grid gas turbine validation facility in the world.