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GE Vernova's $27.4m investment in S'pore repair plant will create 100 jobs
The Straits Times
|January 07, 2025
GE Vernova will invest US$20 million (S$27.4 million) to expand its GE Repair Solutions Singapore (GRSS) facility, creating more than 100 new job opportunities, the US-based global power giant said on Jan 6.
The company said the investment will significantly increase GRSS' capacity to repair the fast-growing fleet of GE Vernova's (GEV) advanced high-efficiency, air-cooled (HA) gas turbines in Asia and elsewhere.
With about 25 per cent of the world's electricity generated by its customers, the company claims to be uniquely positioned to lead the energy transition and solve the energy "trilemma" of reliability, affordability and sustainability.
GEV has more than 7,000 gas turbines installed worldwide, including some of the largest and most efficient ones such as the HA turbines, which are capable of running on blends of hydrogen and natural gas - resulting in lower emissions than using natural gas alone.
"As Asia increasingly shifts from coal-fired power generation to cleaner energy sources, GEV's advanced HA gas turbines will help support this crucial transition, complementing renewable energy sources," the company said in a statement.
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