GE Verona Technology For Saudi Arabia Power Plants
GE Vernova Inc. has secured an order for six 7HA.03 gas turbines and two 7E.03 gas turbines from SEPCOIII Electric Power Construction Co. Ltd. for two new power plants: Taiba 1, located in the western region of Saudi Arabia; and Qassim 1, located in the central region. The projects are aligned to Saudi Arabia’s goals to generate about half its electricity from renewable energy sources and half from gas by 2030, paving the way to net-zero greenhouse gas emissions by 2060.
The Taiba 1 and Qassim 1 plants are expected to deliver up to 3.8 GW of electricity to the grid in total, a capacity equivalent to what would be needed to power the energy needs of approximately 1.2 million homes in Saudi Arabia. Expected to be completed in 2027, they can be configured with post-combustion carbon capture systems to reduce carbon dioxide emissions. In addition, 7HA.03 gas turbines currently have the capability to burn up to 50% hydrogen by volume when blended with natural gas.
GE Vernova spun-off from GE and began trading as an independent company on the New York Stock Exchange on April 2, 2024. With approximately 55,000 wind turbines and 7000 gas turbines, GE Vernova’s technology base helps generate about 25% of the world’s electricity.
