GE Vernova makes debut at sixth CIIE

GE Vernova, a global energy leader with a new brand identity, is presenting its latest products and solutions at the sixth China International Import Expo and has forged new agreements with Chinese companies, showcasing its commitment to electrify the world while working to decarbonize it, providing reliable, affordable and sustainable electricity.

As GE expects to complete its spin-off in the early second quarter of 2024, GE Vernova is the planned stand-alone company that brings together the collective power of GE's energy business portfolio.

With more than 130 years of experience and innovation, the company is serious about its responsibility on leading energy transition as a technology provider which helps deliver 30 percent of the world's electricity.

Ramesh Singaram, president and CEO of GE Vernova Gas Power in Asia, said: "GE Vernova's vision strongly aligns with China's lowcarbon targets and we are working toward realizing China's vision for a sustainable, low-carbon energy future."

GE Vernova's commitment to China's energy industry spans power, wind and electrification, where the company has been engaged for an extended period.

"We firmly believe that a complementary approach combining gas and renewable power generation is one of the most effective and sustainable ways for China to achieve its ambitious goals of peaking carbon before 2030 and carbon neutrality before 2060," he said.

The transition to the new power system in China, coupled with the intermittence of renewable energy, demands better systems for price reporting and real-time supply-demand adjustments. Gas power generation's flexibility and low emissions, along with the versatility of pumped storage, are becoming essential components of China's power system, he added.

GE Vernova's gas power business plays a crucial role in the Asian and Chinese markets, providing a wide range of gas power generation products and services to enhance the competitiveness and efficiency of gas power plants.

This business unit provides services for more than 110 customers who operate up to more than 240 gas turbines with a total installed capacity of 50 gigawatts in China. GE Vernova's 6F.03 gas turbine, aeroderivative gas turbine, as well as the fast-growing HA heavy-duty gas turbine, are well positioned to support China's new power system and low-carbon power generation goals.

"We eagerly anticipate extensive cooperation with all sectors in China to achieve meaningful carbon reduction," Singaram said.

At the sixth CIIE, the company secured various orders, including a Contractual Service Agreement with China Huadian Corp for its 9HA.01 fleet installed at Tianjin Junliangcheng Gas Power Plant; an equipment order for six aeroderivative gas turbines; and the provision of two 9HA.02 gas turbines for the State Development and Investment Corp's Jineng (Zhoushan) project.

GE Vernova is also exhibiting an energy transition sand table, HA Class gas turbine model, pumped storage power runner model and generator circuit breaker model at the CIIE.

As one of the first global energy equipment and service providers to have entered the Chinese market, the company has over 5,000 employees in more than 10 offices and manufacturing sites across the country.

"Localization serves as the cornerstone and fundamental strategy of GE Vernova's growth in China. While continuing to bring the most suitable technology and equipment to China, GE Vernova has also entered into long-term and diversified collaborations with leading local companies in the industry and has widely shared its expertise and management experience with them," Singaram said.

The company has a partnership with Harbin Electric Corp lasting more than 20 years. General Harbin Electric Gas Turbine (Qinhuangdao) Co, the joint venture established by the two sides, was put into operation in 2020, creating the sole heavy-duty gas turbine manufacturing base of GE Vernova in Asia.

The joint venture's goal is to localize heavy-duty gas turbines in China by implementing key technologies used in 9HA gas turbines. The first 9HA gas turbine made in China rolled off the production line in February. By the end of August, three such turbines produced by the joint venture had been delivered.

GE Vernova's other partners in China include China Huadian Corp, Nanjing Turbine and Electric Machinery (Group) Co.

"China has been and will continue to be one of the most important markets for GE Vernova and we will maintain the firm determination and commitment to cultivate the big and dynamic market," Singaram said.