{"id":8937,"date":"2024-05-21T08:05:33","date_gmt":"2024-05-21T08:05:33","guid":{"rendered":"https:\/\/sotnews.agency\/?p=8937"},"modified":"2024-05-21T08:05:33","modified_gmt":"2024-05-21T08:05:33","slug":"ge-vernova-showcases-solutions-to-power-the-continent-forward-at-enlit-africa","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=8937","title":{"rendered":"GE Vernova showcases solutions to power the continent forward at Enlit Africa"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>4 Minute, 40 Second                <\/div>\n\n            <\/div><div class=\"image_wrap\"><\/div>\n\n<p>As Africa continues its unique energy transition journey, GE\u00a0Vernova (NYSE: GEV) (<a href=\"http:\/\/apo-opa.co\/49movy3\" target=\"_blank\" rel=\"noopener\">https:\/\/www.GEVernova.com\/<\/a>) is participating at Enlit Africa, encouraging power sector stakeholders to collectively assume responsibility to develop and support solutions that address the energy trilemma of reliability, affordability, and sustainability. A recent report\u00a0(<a href=\"https:\/\/apo-opa.co\/3K9Y30w\" target=\"_blank\" rel=\"noopener\">https:\/\/apo-opa.co\/3K9Y30w<\/a>) shows that up to 50% of Sub-Saharan Africa\u2019s population, ~600 million people, lack access to electricity, and power demand is projected to grow by ~3% in 2024, bringing into focus the need to balance energy transition aspirations with electricity availability.<\/p>\n<p>Visitors to GE\u00a0Vernova\u2019s exhibition stand at Enlit Africa \u2013 booth C22 in Hall 3 at Cape Town International Convention Center \u2013 will be able to explore, interact with, and immerse themselves in innovations spanning across the power generation, transmission, and distribution sectors during May 21 \u2013 23, 2024. Spread into three distinct sections, the exhibit features industry-leading technologies electrifying the world, advanced solutions decarbonizing the energy sector, and breakthrough innovations that can help to accelerate the journey to net zero.<\/p>\n<p><strong>Kenneth Oyakhire, <\/strong><strong>MD&amp;CEO of Services\u00a0<\/strong><strong>in\u00a0Sub-Saharan Africa for Gas Power at GE\u00a0Vernova<\/strong>\u00a0\u2013\u00a0a keynote speaker at Enlit Africa,\u00a0says: \u201cEnergy enables growth and progress \u2013 which is why investing in reliable and affordable power is as critical as advancing lower carbon power to support health, connectivity, safety, security, and improved quality of life. At GE Vernova, we believe that the strategic deployment of renewables and gas power together can help accelerate the continent\u2019s energy transition efforts, enabling substantive reductions in emissions quickly and at scale, while continuing to advance the technologies for low or near-zero carbon power generation.<\/p>\n<p>\u201cWe also recognize that there is no one-size-fits-all solution. Multiple technologies and fuel sources will be needed, together with investments in transmission and distribution systems, as well as software solutions, with local conditions dictating what works best. The public, private, and not-for-profit sectors must work together, with governments taking the lead to structure transparent and predictable market mechanisms and policies, incentivise reductions in power sector carbon intensity, allow life-cycle economics to drive investment decisions, and encourage research on new technologies and business models.\u201d<\/p>\n<p>Across Africa, countries continue to make progress towards addressing their respective energy challenges. Testimony to this commitment and GE Vernova\u2019s efforts to support them, is the synchronization of the first 60 megawatts (MW) Francis hydro turbine\u00a0(<a href=\"https:\/\/apo-opa.co\/3QUuqUF\" target=\"_blank\" rel=\"noopener\">https:\/\/apo-opa.co\/3QUuqUF<\/a>) at a 420 MW power plant in Cameroon. It represents a significant milestone for the project and for the energy transition plan in the country, as the plant is expected to cover up to 30% of Cameroon\u2019s electricity demand, helping to provide reliable and sustainable electricity. In addition to providing seven Francis units to equip the plant, GE Vernova\u2019s Hydro Power team is responsible for the overall coordination of the project, including the design, manufacturing, erection supervision, and commissioning of the turbines and generators, the control system, and the mechanical balance of plant.<\/p>\n<p>GE\u00a0Vernova spun-off from GE\u00a0(NYSE:\u00a0GE) and began trading as an independent company on the New York Stock Exchange\u00a0(NYSE) on April\u00a02,\u00a02024. With approximately 55,000 wind turbines and 7,000 gas turbines, GE\u00a0Vernova\u2019s technology base helps generate about 30% of the world\u2019s electricity and has a meaningful role to play in the energy transition. The company has a legacy of over 100 years of presence in Africa, working across the electricity value chain from generation through various power sources including wind, hydro, gas, nuclear, and more, to providing transmission, distribution, and software solutions.<\/p>\n<p>Distributed by APO Group on behalf of GE.<\/p>\n<p><strong>Notes to Editors:<\/strong><br \/>\nGE Vernova Inc. (NYSE: GEV) invites you to visit the <strong>GE VERNOVA BOOTH (#C22, HALL 3)<\/strong> during Enlit Africa taking place May\u00a021\u00a0\u2013\u00a023, 2024, at the Cape Town International Convention Centre. We will be delighted to demonstrate how GE\u00a0Vernova is leading in a new era of energy for the African continent by bringing together THE ENERGY TO CHANGE THE WORLD.<\/p>\n<p>Our global team of energy industry experts will also be available to present advanced solutions and respond to your questions.<\/p>\n<p><strong>Media Contact(s):<\/strong><br \/>\nAbeer Masood<br \/>\nCommunications Director\u00a0\u2013\u00a0Middle East&amp;Africa<br \/>\nGE\u00a0Vernova<br \/>\n+971 55 945 0118<br \/><a href=\"https:\/\/www.africa-newsroom.com\/\" target=\"_blank\" rel=\"noopener\">abeer.masood@ge.com<\/a><\/p>\n<p>Follow <strong>#GEVernovaAtEnlitAfrica<\/strong> and around the region on <strong>LinkedIn<\/strong>\u00a0(<a href=\"https:\/\/apo-opa.co\/3wHm4sF\" target=\"_blank\" rel=\"noopener\">https:\/\/apo-opa.co\/3wHm4sF<\/a>).<\/p>\n<p><strong>About GE Vernova:\u00a0<\/strong><br \/>\nGE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world\u2019s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. Supported by the Company\u2019s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova (<a href=\"http:\/\/apo-opa.co\/49movy3\" target=\"_blank\" rel=\"noopener\">https:\/\/www.GEVernova.com\/<\/a>) and LinkedIn\u00a0(<a href=\"https:\/\/apo-opa.co\/49i3NiJ\" target=\"_blank\" rel=\"noopener\">https:\/\/apo-opa.co\/49i3NiJ<\/a>). [Insert business boilerplate add-on]<\/p>\n<p>GE Vernova\u2019s mission is embedded in its name \u2013 it retains its legacy, \u201cGE,\u201d as an enduring and hard-earned badge of quality and ingenuity. \u201cVer\u201d \/ \u201cverde\u201d signal Earth\u2019s verdant and lush ecosystems. \u201cNova,\u201d from the Latin \u201cnovus,\u201d nods to a new, innovative era of lower carbon energy.<\/p>        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"8937\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">\n                        Happy              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stakeholders to collectively assume responsibility to develop and support solutions&hellip; 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