GE Vernova to Invest $96 Million
Company Commits to Creating 75 New Jobs at Schenectady County Site Center Will Enable Technology Advancements Including Decarbonization, Alternative Fuels for Power Generation, the Grid of the Future and Critical Infrastructure Security Investment Supports Clean Energy Innovation To Lower Costs and Expand Access to Affordable, Sustainable Power Governor Kathy Hochul today announced that GE Vernova has committed to investing at least $96 million into the company’s Advanced Research Center in Niskayuna, Schenectady County. The company plans to create 75 new jobs on-site, strengthening the Center’s electrification and decarbonization efforts, while advancing transformative technologies including carbon dioxide removal, alternative fuels for power generation and developing the grid of the future. Today’s announcement will support technological advancements that reduce emissions and drive New York State toward a future where clean energy not only boosts the state's economy, but also r...