TOP STORIES

GE Vernova confirms 1.4GW Squadron order

RICHARD HEAP

January 30, 2024

GE Vernova has confirmed it has signed a strategic framework agreement with Squadron Energy to deliver 1.4GW of turbines for onshore wind projects in New South Wales, Australia.

Squadron Energy announced the $1.85bn partnership agreement between the companies two weeks ago. GE Vernova has now confirmed orders for the 414MW Uungula wind farm, where Squadron started construction this month, as well as the 700MW Spicers Creek and 400MW Jeremiah projects.

Vic Abate, chief executive of GE Vernova’s wind business, said the deal was a “culmination of a strong partnership between the GE and Squadron teams built over several years across multiple projects”.

Andrew Forrest, chairman of Tattarang, which owns Squadron Energy, said Squadron was committed to delivering a 14GW development pipeline.

“The strong policies in place in the US, and Australia to incentivize industry investment in large-scale green energy will help to bring emissions down, not just nationally but across the globe. The transition to green energy is well and truly underway. It’s urgent for our planet but with the correct policies and partnerships it’s also great for our economy and local workforce.”

Read more