GE Vernova and AWS: A Strategic Partnership for Data Center Electrification and Decarbonization
Tuesday, Mar 4, 2025 12:32 pm ET
4min read Amazon Web Services (AWS) has announced a strategic framework agreement (SFA) with ge vernova, a global leader in energy technology and digital solutions. This collaboration aims to support AWS's data center scaling, advance grid security and reliability, and decarbonize electric power systems. The agreement focuses on several key areas, including electrification systems, renewable energy, power generation, innovation, and services, as well as cloud migration and digital innovation.
Electrification Systems
GE Vernova will provide AWS with turnkey substation solutions to enable connectivity of AWS data centers to the grid. This includes expansion of major electrical equipment, project management, and construction support across multiple sites globally. This collaboration will help AWS obtain reliable, cost-effective, and more sustainable electricity for its data centers, supporting its growth objectives.
Renewables
GE Vernova will collaborate with AWS to enhance the path for commercializing onshore wind development projects. This will help AWS reduce its carbon footprint and contribute to its sustainability goals while also potentially lowering energy costs. AWS's commitment to renewable energy is evident in its plans to power its global infrastructure with 100% renewable energy by 2025. As of 2024, AWS has achieved 90% renewable energy usage.
Power Generation, Innovation, and Services
GE Vernova and AWS will explore additional opportunities for GE Vernova to provide power generation equipment and services to AWS. This could include advanced power generation technologies that improve efficiency and reduce emissions, further supporting AWS's growth and sustainability objectives. The collaboration also involves working with GE Vernova's accelerator businesses to advance energy transition innovation, research, project development, and financing.
Cloud Migration and Digital Innovation
AWS will provide GE Vernova with cloud services solutions to support its cloud migration and digital innovation efforts, including generative AI. This will help GE Vernova enhance its systems, processes, and operational goals. The collaboration will introduce new potential technologies and cloud services, such as AWS High Performance Computing (HPC), to accelerate GE Vernova's development cycles and optimize operations.
GEV Total Revenue year-on-year growth value, Operating Profit Margin...
| Name |
|---|
| Date |
| Total Revenue year-on-year growth value |
| Operating Profit Margin% |
| ROA% |
| ROE(Average)% |
| Net Profit Margin% |
| GE VernovaGEV |
| 20241231 |
| 514.00M |
| 1.69 |
| 4.87 |
| 18.30 |
| 4.46 |
This strategic framework agreement between GE Vernova and AWS aligns with both companies' broader energy transition goals. By combining their expertise in electrification, renewable energy, and cloud technologies, they can create synergies that support their respective growth objectives and contribute to a more sustainable and reliable global energy landscape. The collaboration will help AWS expand its data center capacity while ensuring reliable, cost-effective, and sustainable electricity supply, and support GE Vernova's operational goals through advanced cloud services and generative AI.
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