A project to develop small nuclear power reactors in Poland is moving forward, with a cooperation agreement signed on Monday (17 April) between the Polish energy giant Orlen and two US government financial institutions.
In a ceremony at the US ambassador’s residence in Warsaw, the US Exim Bank signed a letter of interest in lending up to $3bn (€2.7bn) and the US International Development Finance Corporation signed a letter of interest to lend up to $1bin to the Orlen Synthos Green Energy project for developing some 20 SMRs designed by GE Hitachi Nuclear Energy.
Orlen Synthos Green Energy is a joint venture between Orlen and Synthos Green Energy, part of the largest chemicals industrial group in Poland.
Orlen, the state-controlled oil refiner and petrol retailer, also released on Monday a list of seven possible locations for the construction of SMRs in Poland.
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