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 is the energy technology spinoff of General Electric, combining gas turbines, wind, grid software, and nuclear (via GE Vernova Hitachi Nuclear Energy) under one company. The March 2026 US-Japan $40 billion BWRX-300 announcement positions GE Vernova at the centre of a 3 GW high-profile cross-border nuclear buildout. GE Vernova stock rose 5.7% in the announcement week. The BWRX-300 is under construction at Darlington, Canada and in NRC review for TVA Clinch River — making GE Vernova the leader in near-term deployed SMR technology.

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
Indiana Michigan Power BWRX-300 — Indiana
🇺🇸United States
Planning
300 MWe
Elementl BWRX-300 — Multiple UK Sites
🇬🇧United Kingdom
Planning
300 MWe
TVA Clinch River BWRX-300 — Construction Permit Application Submitted
🇺🇸United States
Planning
300 MWe
Darlington BWRX-300 — Units 2, 3 and 4
🇨🇦Canada
Approved
900 MWe
GE Vernova Hitachi — BWRX-300 Service Centre Ontario — Phase 2
🇨🇦Canada
Planning
0 MWe
Blue Energy — GE Vernova Hitachi Texas Gas + Nuclear 2.5GW
🇺🇸United States
Planning
1200 MWe
US-Japan BWRX-300 — Tennessee and Alabama ($40 Billion)
🇺🇸United States
Planning
3000 MWe
BWRX-300 — Alabama Power Site
🇺🇸United States
Planning
900 MWe
Japan US BWRX-300 — $33B Natural Gas + $40B Nuclear Package
🇺🇸United States
Planning
3000 MWe
TerraPower Natrium — Kemmerer Wyoming ARDP Milestones
🇺🇸United States
Under Construction
345 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 — Estonia Fermi Energia
🇪🇪Estonia
Planning
300 MWe
BWRX-300 — Sweden Vattenfall / AFRY Programme
🇸🇪Sweden
Planning
300 MWe
BWRX-300 — Poland Generic Design (OSGE + GVH)
🇵🇱Poland
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
Global Nuclear Fuel Americas — Wilmington NC BWR Fuel Rod Line
🇺🇸United States
Under Construction
0 MWe
BWRX-300 — Lithuania Feasibility Assessment MOU
🌐Lithuania
Planning
300 MWe
TVA Clinch River BWRX-300 — NRC SEIS Completed (Construction Permit Pending)
🇺🇸United States
Planning
300 MWe
Elementl Power BWRX-300 SMR Project
🇺🇸USA
Planning
1500 MWe
Darlington BWRX-300 — First Basemat Module Installed
🇨🇦Canada
Under Construction
300 MWe
TerraPower Natrium — Kemmerer Wyoming (NRC Permit Approved)
🇺🇸United States
Under Construction
345 MWe
Elementl Power Ohio Nuclear Plant
🇺🇸USA
Planning
1500 MWe
Blue Energy GE Vernova Hybrid Gas-Plus-Nuclear Plant
🇺🇸USA
Planning
2500 MWe

SMR Brief Pro members also see:

  • Funding & Deals tracker entries: ████████
  • Analyst Notes: ████████
  • Risk Assessment: ████████
  • Related Regulatory Events: ████████
  • Opportunity Score: ████████
  • Related News: ████████

Get the full intelligence dossier on every SMR developer.

Track every SMR developer worldwide with SMR Brief Pro