The United States International Development Finance Corporation (DFC) has confirmed it has signed a letter of intent to support nuclear technology company NuScale Power to develop 2,500 MW of capacity for South Africa.
The DFC said on its website that if successful, NuScale would be the first US nuclear energy independent power producer on the continent and would help support energy resilience and security in one of Africa’s leading economies and a key partner on the continent for the US government.
The announcement came on the same day it was announced that the US Department of Energy had approved a multi-year cost-share award to a new entity, Carbon Free Power Project (CFPP), for the development and construction of a 720-MW NuScale power plant at the DOE’s Idaho National Laboratory site.
The DFC said on its website that if successful, NuScale would be the first US nuclear energy independent power producer on the continent and would help support energy resilience and security in one of Africa’s leading economies and a key partner on the continent for the US government.
The announcement came on the same day it was announced that the US Department of Energy had approved a multi-year cost-share award to a new entity, Carbon Free Power Project (CFPP), for the development and construction of a 720-MW NuScale power plant at the DOE’s Idaho National Laboratory site.
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