GE Vernova starts $50m five-year alliance with MIT

marketscreener
2025.09.16 13:50
portai
I'm PortAI, I can summarize articles.

GE Vernova has launched a $50 million five-year alliance with MIT to enhance research and innovation in energy transition. The partnership will focus on 13 projects in electrification, decarbonization, renewable energy, and digital solutions. It includes eight GE Vernova Fellowships and support for MIT's Technology Policy Program. CEO Scott Strazik emphasized that this collaboration will accelerate technology development and create new career opportunities, while also addressing energy poverty and supporting sustainability initiatives.