Business
Toshiba and GE Vernova Sign MoU to advance carbon reduction and efficiency for gas turbine fired power plants in Japan and other parts of Asia
Toshiba Energy Systems & Solutions Corporation (Toshiba) and GE Vernova (NYSE: GEV) have signed a memorandum of understanding (MoU) to work together on an integrated Gas Turbine Combined Cycle (GTCC) CCS solution to reduce power plant CO2 emissions. The solution will combine GE Vernova's Exhaust Gas Recirculation (EGR) system with Toshiba's carbon capture solution, which utilizes Toshiba's proprietary solvent. This initiative is related to the recently created focus group between the Japan's Min
About this update from Ge Vernova Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Objective of the Memorandum of Understanding (MoU) is to reduce CO2 emissions combining GE Vernova's Exhaust Gas Recirculation (EGR) system and Toshiba's CO2 capture technologies in natural gas fired power plants in Japan and other parts of Asia.","length":254,"tagName":"p"}]},{"val":[{"type":"text","content":"The MoU strengthens a strategic collaboration that has spanned 40 years between the two companies.","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"This initiative is related to the focus group introduced last June by Japan's Ministry of Economy, Trade and Industry (METI) and GE Vernova.","length":144,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":496,"olType":false},{"type":"text","content":"KAWASAKI, Japan, Nov. 6, 2025 /PRNewswire/ -- Toshiba Energy Systems & Solutions Corporation (Toshiba) and GE Vernova (NYSE: GEV) have signed a memorandum of understanding (MoU) to work together on an integrated Gas Turbine Combined Cycle (GTCC) CCS solution to reduce power plant CO2 emissions. The solution will combine GE Vernova's Exhaust Gas Recirculation (EGR) system with Toshiba's carbon capture solution, which utilizes Toshiba's proprietary solvent. This initiative is related to the recently created focus group between the Japan's Ministry of Economy, Trade and Industry (METI) and GE Vernova, and it was announced during an event attended by METI's Director-General for Energy and Environmental Policy, Shinichi Kihara, and Toshiba's and GE Vernova's representatives.","length":822,"tagName":"p"},{"type":"image","alt":"The MoU signing ceremony, in Kawasaki, Japan. November 6, 2025; Front row from left: Mr. Jeremee Wetherby of GE Vernova, Mr. Kensuke Suzuki, Head of New Technology of Toshiba’s Power Systems Division; Back row: Mr. Shinichi Kihara of METI’s Director-General for Energy and Environmental Policy","displaySize":"","headline":null,"caption":"The MoU signing ceremony, in Kawasaki, Japan. November 6, 2025; Front row from left: Mr. Jeremee Wetherby of GE Vernova, Mr. Kensuke Suzuki, Head of New Technology of Toshiba’s Power Systems Division; Back row: Mr. Shinichi Kihara of METI’s Director-General for Energy and Environmental Policy","className":"","disableSlideshowImg":false,"size":{"original"...