GE Vernova chosen to provide integrated BESS solution for large scale storage project in Australia

CAMBRIDGE, Mass. (September 16, 2024)- GE Vernova Inc. (NYSE: GEV) has been chosen by Quinbrook Infrastructure Partners (Quinbrook) as the Battery Energy Storage System (BESS) integration provider for the second stage, comprising 250 MW/1,000 MWh of storage, of their Supernode BESS project in Queensland, Australia.

Quinsbrook's Supernode project, involves the creation of a BESS and data center complex in Queensland. Once complete, the 750 MW (2-4 Hour) BESS site is expected to be one of the largest battery storage installations in the Australian national electricity market. Construction of this 250 MW/1,000MWh battery storage system is the second stage of a proposed three-stage project. In early 2024, GE Vernova was also awarded the contract for BESS integration for Stage 1 of the project comprising 250 MW/500 MWh, which is already underway.

"We believe GE Vernova's product portfolio, engineering expertise, and project delivery capabilities align perfectly with the needs of the Supernode project," said Ed Torres, Business Leader GE Vernova's Solar & Storage Solutions business. "This project is a testament to the strength of our value proposition and capabilities in this space. We expect to continue to be a valued and trusted collaborator for large grid-scale integrated BESS projects in the region and around the world. We thank Quinbrook for their continued trust in GE Vernova as a technology partner for the Supernode project.'

GE Vernova is responsible for the supply and commissioning of the power conditioning systems, power plant controller SCADA systems, and capacitor bank\harmonic filter as well as integration engineering and GPS connection support.

Quinbrook is a specialist investment manager focused on the energy transition through renewables, energy storage, and grid infrastructure. Quinbrook has projects in the U.S., UK, and Australia.

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Forward Looking Statements

This document contains forward-looking statements - that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova and Quinbrook's expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "estimate," "forecast," "target," "preliminary," or "range." Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world's challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across 100+ countries around the world. Supported by the Company's purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

GE Vernova's Solar & Storage Solutions business provides technologies in solar energy, battery energy storage, and power plant controls to drive dispatchable and reliable renewable energy solutions and to help with the transition to a cleaner energy future.

Media Contact

Anshul Madaan

GE Vernova

Media Relations

[email protected]

+91 8377880468

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