Saturday, September 5, 2026
GE Vernova Hitachi picked for 1.2 GW Swedish nuclear project
Swedish nuclear technology company Studsvik announced September 3, 2026 that it selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners to advance a proposed four-unit BWRX-300 small modular reactor project totaling about 1.2 gigawatts. The project would be sited at Studsvik's existing licensed nuclear site in Nykoping or at Malma in Valdemarsvik, with the first unit targeted to enter operation in the mid-2030s; GE Vernova Hitachi will lead reactor design and licensing support while Studsvik handles permitting and government engagement, and South Korea's DS Investment Partners will lead project investment. The move marks GVH's return to the Swedish market after losing a separate nuclear competition there to Rolls-Royce SMR in June 2026, though the new agreement is not yet a final investment decision.
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