GE Vernova

Cambridge, Massachusetts, USA
Active
BWR

Company overview

Founded
2024
Total funding
Public company (NYSE: GEV) — $36B+ annual revenue
Technology
BWR — Boiling Water Reactor

About

GE Vernova, through the GE Vernova Hitachi Nuclear Energy alliance, provides advanced reactor designs, nuclear fuel and nuclear lifecycle services. Its small modular reactor focus is the BWRX-300, a simplified boiling-water reactor designed for up to 300 MW of electricity and using passive safety features, commercially available fuel and modular construction techniques. On 13 August 2026, GE Vernova Hitachi and Blue Energy agreed to advance engineering design, licensing and safety analysis for a planned 2.5-GW gas-plus-nuclear project in Victoria, Texas, subject to a 2027 final investment decision.

Key investors

Public investors

Projects developed by GE Vernova

BWRX-300 — Hungary (Synthos / Hunatom)
🇭🇺Hungary
Planning
3000 MWe
BWRX-300 — Slovakia (Synthos / Slovenské Elektrárne)
🇸🇰Slovakia
Planning
600 MWe
BWRX-300 SPRING Fleet — Central and Eastern Europe
🇵🇱Poland
Planning
3000 MWe
Elementl Power — Meigs County BWRX-300 SMR Project
🇺🇸United States
Planning
1500 MWe
Indiana Michigan Power BWRX-300 — Indiana
🇺🇸United States
Planning
300 MWe
Elementl BWRX-300 — Multiple UK Sites
🇬🇧United Kingdom
Planning
300 MWe
Darlington BWRX-300 — First Basemat Module Installed
🇨🇦Canada
Under Construction
300 MWe
Darlington BWRX-300 — Units 2, 3 and 4
🇨🇦Canada
Approved
900 MWe
TVA Clinch River BWRX-300 — NRC SEIS Completed (Construction Permit Pending)
🇺🇸United States
Planning
300 MWe
GE Vernova Hitachi — BWRX-300 Service Centre Ontario — Phase 2
🇨🇦Canada
Planning
0 MWe
BWRX-300 — Estonia Fermi Energia
🇪🇪Estonia
Planning
300 MWe
BWRX-300 — Alabama Power Site
🇺🇸United States
Planning
900 MWe
Bruce Power — CANDU Life Extension Programme Ontario
🇨🇦Canada
Under Construction
6300 MWe
Ontario Darlington BWRX-300 — Mark Carney Federal Government Backing
🇨🇦Canada
Under Construction
300 MWe
BWRX-300 — Samsung C&T Global Markets Alliance
🇰🇷South Korea
Planning
1200 MWe
BWRX-300 — Sweden Vattenfall / AFRY Programme
🇸🇪Sweden
Planning
300 MWe
BWRX-300 — Finland / Sweden Fortum Early Works
🇫🇮Finland
Planning
300 MWe
BWRX-300 UK GDA Step 2 Completed — Regulatory Milestone
🇬🇧United Kingdom
Planning
300 MWe
BWRX-300 — Lithuania Feasibility Assessment MOU
🌐Lithuania
Planning
300 MWe
BWRX-300 — Poland Generic Design (OSGE + GVH)
🇵🇱Poland
Planning
300 MWe
Blue Energy GE Vernova Hybrid Gas-Plus-Nuclear Plant
🇺🇸USA
Planning
2500 MWe
Global Nuclear Fuel Americas — Wilmington NC BWR Fuel Rod Line
🇺🇸United States
Under Construction
0 MWe
Japan US BWRX-300 — $33B Natural Gas + $40B Nuclear Package
🇺🇸United States
Planning
3000 MWe
TerraPower Natrium — Kemmerer Wyoming (NRC Permit Approved)
🇺🇸United States
Under Construction
345 MWe
TerraPower Natrium — Kemmerer Wyoming ARDP Milestones
🇺🇸United States
Under Construction
345 MWe
US-Japan BWRX-300 — Tennessee and Alabama ($40 Billion)
🇺🇸United States
Planning
3000 MWe
Elementl Power BWRX-300 SMR Project
🇺🇸USA
Planning
1500 MWe
Elementl Power Ohio Nuclear Plant
🇺🇸USA
Planning
1500 MWe

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