Teal background image.

Governor Hochul Announces GE Vernova to Invest $50 Million to Locate an Onshore Wind Nacelle Manufacturing Operation to Schenectady County

Project Bolsters New York State's Nation-Leading Climate Agenda which is the Most Aggressive Climate and Clean Energy Initiative in the Nation

GE Vernova is Committed to Creating at Least 160 New Jobs in the Capitol Region

Governor Kathy Hochul today announced that GE Vernova will invest $50 million to locate an onshore wind nacelle manufacturing operation to Schenectady, creating at least 160 new full-time, renewable energy jobs. This announcement complements New York State's efforts to be a national leader in growing the green economy, reducing greenhouse gas emissions, and combating climate change.

"General Electric has a long and illustrious history in New York State and has been a leader in cutting-edge innovation for well over a century," Governor Hochul said. "We are proud to partner with GE Vernova to realize New York's vision of become a leading manufacturing hub for wind technology and to bring us closer to achieving our nation-leading climate goals, securing a better and cleaner future for generations."

GE Vernova CEO Scott Strazik said, "We applaud the administration for the recent domestic content guidance, which gives us the certainty to move forward on this exciting project and look forward to supporting additional guidance. We're proud to expand our American manufacturing footprint and workforce to continue building and innovating energy technology that is cleaner, by bringing wind turbine component assembly — and an estimated 200 new jobs — to New York. This state, and the Capital Region, are an important part of GE's history and this investment will strengthen Schenectady's role in driving the energy transition in the future."

GE will invest in facility renovations and new machinery and equipment to support the production of nacelles for the company's line of 6.1 megawatt onshore wind turbines. The nacelle is the part of the turbine that houses the components that transform the wind's kinetic energy into mechanical energy to turn a generator that produces electricity. The manufacturing assembly line will be installed in the building where GE Vernova continues to manufacture steam turbines and generators. Empire State Development (ESD) has agreed to provide up to $2.5 million in performance-based Green Excelsior Jobs Tax Credits to support the creation and retention of at least 160 jobs — with the potential for 200 positions. 

Empire State Development President, CEO and Commissioner Hope Knight said, "Under Governor Hochul's leadership ESD is laser-focused on growing the green economy and bringing well-paying manufacturing jobs to New York State. GE is a global leader in developing renewable energy technology and providing clean, renewable power throughout the world, and we are thrilled that they will continue to grow their legacy in Schenectady." 

Read the full press release here.