GE Vernova signed an agreement with LS Electric to form a joint venture. The venture will focus on the Voltage-Sourced Converter (VSC) High-Voltage Direct Current (HVDC) business. This collaboration aims to enhance competitiveness in South Korea's evolving power grid.

At CIGRE Paris 2026, GE Vernova launched a new 170 kV SF₆-free gas-insulated switchgear. It also launched a 420 kV CO₂-O₂ Live Tank Circuit Breaker. These additions expand its portfolio of environmentally friendly high-voltage equipment. These announcements follow reports of GE Vernova's strong Q2 performance. Significant order growth from AI and data center power demands drove this performance.