GE Vernova Considers Role in $550 Billion US-Japan Trade Agreement With Two Energy Projects
MT Newswires Live
Oct 28
GE Vernova (GEV) is among the companies interested in launching projects aimed at contributing to the Japanese government's commitment to invest $550 billion in the US as part of a trade agreement, a factsheet by the two countries showed on Tuesday.
The company plans to construct small modular reactors with the potential participation of Japan's Hitachi GE Vernova in a project valued at up to $100 billion, according to the factsheet.
GE is also targeting a project worth up to $25 billion to supply large-scale power equipment such as gas turbines, steam turbines, and generators to grid electrification and stabilization systems. The project would consider the involvement of Japanese firms, the factsheet said.
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