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GE Vernova Announces $14.2B in Energy Deals in Saudi Arabia

 GE Vernova Inc. (NYSE: GEV) announced initiatives worth up to $14.2 billion for its world class energy equipment technology and services to support power generation and grid stability projects. The announcements include up to $2 billion in backlog or on a reservation agreement as of the first quarter of 2025, with future contracts and memorandums of understanding (MOUs) for agreements spanning across the next four years. The initiatives are expected to play a strong role in supporting the Kingdom in achieving its energy goals under Saudi Vision 2030 and transition to net zero by 2060. GE Vernova Announces $14.2B in Energy Deals in Saudi Arabia – electrifiED

Coal Plant to be Transformed into Gas-Powered Data Center Campus

 Homer City Redevelopment (HCR) and Kiewit Power Constructors Co. (Kiewit) announced the future of the former Homer City Generating Station. Homer City – previously the largest coal-burning power plant in Pennsylvania – will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing artificial intelligence (AI) and high-performance computing (HPC) needs of the innovative technology companies shaping America’s digital future. GE Vernovawill provide seven high-efficiency 7HA.02 hydrogen-enabled, gas-fired turbines, with the first deliveries expected to begin in 2026.  Coal Plant to be Transformed into Gas-Powered Data Center Campus – electrifiED

GE Vernova Outlines $600M US Expansion

GE Vernova Inc. outlined a capital investment program for U.S. manufacturing and development operations totaling close to $600 million through 2027. It projected the investments would address issues involving energy affordability, national security, and manufacturing growth, and would prompt the creation of more than 1,500 new jobs. GE Vernova, which is the former General Electric portfolio of businesses that manufacture industrial and alternative energy systems, pegged the new U.S. investments as part of its broader, $9-billion global capital investment and research program. Among the planned U.S. investments:

  • Greenville, SC ($160 million)
  • Niskayuna, NY ($100 million)
  • Parsippany, NJ, Bangor, ME, Schenectady, NY ($50 million each)
  • Clearwater, FL, Charleroi, PA ($20 million each)
  • Also Pensacola, Grand Forks, Amarillo, Wilmington, Pittsburgh

Energy Giant Outlines $600M US Expansion | GE Vernova | American Machinist

Why Use AI – 5 Reasons besides making us smarter:

  1. Efficiency and Automation: AI can automate repetitive tasks… saves time and reduces human effort
  2. Data Processing: AI excels at analyzing large datasets quickly… uncovers patterns and insights that humans might miss
  3. Scalability: AI systems can handle growing workloads… without a proportional increase in costs or resources
  4. Accuracy: AI can perform tasks with high precision… reducing errors in areas like diagnostics or forecasting
  5. 24/7 Availability: AI tools can operate continuously… improving productivity and customer support