FACTS R&D & Technology Development Leader
About the job
- A Bachelor's degree in Electrical/Electronics Engineering is required.
- Significant hands-on and leadership experience in power electronics converter design and/or controls engineering for FACTS or comparable grid-scale power conversion technologies, including STATCOM, SVC, HVDC, or similar systems.
- Experience developing technology from early concept through to commercial product.
- Deep, hands-on expertise in power electronics topologies, converter design, and controls for grid-scale FACTS solutions, including STATCOM and FSC/SVC.
- Ability to architect solutions and engage directly in technical trade-offs.
- Ability to lead technology from early-stage concept and innovation through to a fully industrialized, scalable product.
- Experience leading technology from advanced development through to industrialized, scalable products while balancing innovation with manufacturability and cost.
- Ability to identify technical risks using structured methods such as DFMEA and drive mitigation early in the design cycle.
- Ability to work effectively across R&D, manufacturing, quality, and commercial teams, and translate technical work into actionable stakeholder decisions.
- Strong grounding in power electronics topologies, control system design and tuning, and grid interaction phenomena.
- Fluency in English and ability to explain complex technical concepts to engineering and executive audiences.
- Lead the full technology development lifecycle for power electronics and controls technology for STATCOM and FSC, from early-stage concept and innovation through to engineered, industrialized solutions.
- Own the technical strategy and roadmap, driving advances in power electronics topologies, converter design, and control system architecture.
- Lead global engineering programs from concept through industrialized product, ensuring technical excellence, performance, and reliability.
- Partner with the Value Proposition Leader to translate market and customer requirements into technical architectures, control strategies, and scalable product platforms.
- Drive the transition from early-stage technology to industrialized, repeatable products, incorporating Design for Manufacturability (DfM) and cost-out principles from early design stages.
- Define and own modular building blocks of the FACTS technology portfolio, including reusable power electronics and controls components and subsystems.
- Recruit, mentor, and grow an engineering organization comprising Principal Engineers, controls and power electronics specialists, and NPI Program Managers.
- Promote technical rigor, continuous learning, and closed-loop engineering by feeding field performance data back into design.
- Apply Lean and Agile engineering practices to accelerate time-to-market while maintaining safety, quality, and technical integrity.
- Help define the future organization of technology innovation and product development responsibilities, including the future interface with a dedicated CTO/NTI function.
- A Master's or PhD in Power Electronics, Power Systems, or Controls is strongly preferred.
- Familiarity with simulation tools such as PSCAD and MATLAB/Simulink.
- Working knowledge of NPI governance and gate reviews, Agile development, and Lean engineering practices.
- Familiarity with Technology Readiness Level (TRL) frameworks.
About the company
GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.
Company Size
10,001+
Company Stage
N/A
Total Funding
$17.6M
Headquarters
Cambridge, Massachusetts
Founded
2024
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Simplify's Take
What believers are saying
- Demand supports expansion: July 2026 results show GE Vernova booked $24.2 billion of quarterly orders, up 88% organically.
- Service commitments support recurring work: GE Vernova says services account for more than 55% of its backlog.
- Graduates build depth through rotations: GE Vernova runs two-year Next Gen development programs in engineering, technology, and operations.
What critics are saying
- Wind remains a drag: July 2026 results show GE Vernova lost $275 million in quarterly Wind segment EBITDA.
- Project margins absorb overruns: GE Vernova locks prices before completion and discloses meaningful expenses from excess costs and penalties.
- Field assignments demand long weeks: GE Vernova's listed transformer specialist works typical 12-hour site days, up to six weekly.
What makes GE Vernova unique
- Its technology underpins global power: GE Vernova says customers generate approximately one-quarter of world electricity using its equipment.
- Gas turbine scale anchors expertise: GE Vernova reports the largest installed fleet by generating capacity, across approximately 7,000 turbines.
- Nuclear work reaches beyond equipment: GE Vernova Hitachi supplies advanced reactors, fuel, and services for operating plants.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Parental Leave
Mental Health Support
Relocation Assistance
Performance Bonus
Company News
Jim Cramer highlighted GE Vernova and Vertiv on 2 October, noting their exposure to data centre growth. He questioned why the jobs report didn't reflect the data centre buildout, suggesting commercial construction is weak whilst data centre projects remain strong. Vertiv's Q2 net sales grew 24% annually, with operating profit up 44%. However, revenue growth of 17.8% missed analyst estimates of 23.6% due to supply chain issues, raising concerns about backlog conversion. The company's capital expenditure surged 285% to $173 million. GE Vernova's shares have risen over 240% since October 2024. Q2 customer downpayments generated a $6.4 billion working capital benefit, pushing free cash flow up 2,532% to $5.1 billion. The company raised its full-year cash flow guidance to $11.5–$12.5 billion from $6.5–$7.5 billion.
General Electric spun off its energy division as GE Vernova on 2 April 2024. The stock opened at $142.25 per share and reached a record high of $1,174.86 on 30 June 2026, now trading at about $1,000. GE Vernova operates three segments: Power, Electrification, and Wind. Strong demand from cloud and AI markets drove growth in its Power and Electrification businesses, whilst the Wind segment faced operational challenges. The company's backlog grew 37% year-over-year to $176.3 billion at the end of Q2 2026. Analysts expect revenue and adjusted EBITDA to grow at compound annual growth rates of 17% and 60% respectively from 2025 to 2028. GE Vernova trades at 27 times next year's adjusted EBITDA, with an enterprise value of $262 billion.
GE Vernova, General Electric's former energy division spun off in 2024, is positioned to benefit from surging power demands at AI data centres. The company operates three segments: Power (55% of 2025 orders), Electrification (33%), and Wind (13%), providing turbines, transformers, and grid services. Orders grew 24% organically in the first half of 2026, driven by Power and Electrification segments. By Q2 2026, GE Vernova's backlog reached $176.3 billion — 4.6 times its 2025 revenue of $38.1 billion. The company expects 2026 revenue to grow 20-22%, accelerating from 9% growth in 2025 and 5% in 2024. Fortune Business Insights projects the global AI in power utilities market could expand at a 19.3% compound annual growth rate from 2026 to 2034.
Four major engineering firms have signed a memorandum of understanding to cooperate on building and deploying small modular reactors (SMRs) in Europe. GE Vernova, Hitachi, Samsung C&T, and Poland-based SGE will work together on market development and commercial opportunities for the BWRX-300, an SMR developed by GE Vernova and Hitachi subsidiaries. The agreement was signed during the Atlantic Council Nuclear Energy Policy Summit at the UN General Assembly in New York. SMRs are smaller-scale, plug-and-play nuclear generators that are cheaper and quicker to construct than traditional nuclear plants. They use low-enriched uranium that can be sourced entirely from western enrichment providers. The initiative has government backing from the US, Japan, and South Korea, supported by a trilateral agreement signed at the recent NATO summit.
GE Vernova shares have fallen 20.8% from their 52-week high of $1,195.94, closing at $946.22 on 21 September. Despite the pullback, the stock remains up 47% over the past year. The company reported strong second-quarter results, with orders of $24.2 billion, up 88% organically year-on-year. Revenue reached $11.1 billion, up 22%, whilst net income for the first six months totalled $5.3 billion, compared with $756 million in the prior-year period. GE Vernova is positioned to benefit from surging power demand driven by artificial intelligence data centres. The company also has a nuclear energy division developing small modular reactors through a joint venture with Hitachi, with commercial operation expected by the end of 2030. The company faces challenges including a forward price-to-earnings ratio of 38.1 and declining wind division sales.