Focus is on deployment of BWRX-300 technology in Central and Eastern Europe
Poland-based small modular reactor (SMR) project developer Synthos Green Energy (SGE) and South Korea’s Samsung C&T have signed an MOU to collaborate on the deployment of SMRs, marking what they said was a significant step towards advancing clean, reliable and affordable energy solutions.
The partnership aims to accelerate the rollout of SMRs as a cornerstone of sustainable energy, energy security and carbon-neutral goals worldwide.
The partnership will initially outline the framework for future cooperation, focused the potential development of SMR projects using GE Vernova Hitachi Nuclear Energy’s BWRX-300 technology in the Central and Eastern Europe region.
To accelerate and expand the rate of SMR deployments in Europe, Samsung is considering a strategic investment into SGE’s development platform.
As part of the collaboration, the parties will share information such as feasibility studies, site data, environmental assessments and evaluation reports.
Michal Solowow, the billionaire owner and founder of SGE said: “Samsung C&T is the world’s leader in energy infrastructure construction. SGE is proud to deepen and align our relationship with Samsung as a potential equity partner.”
SGE is a co-investor in the standard design for the BWRX-300, designed by GE Vernova Hitachi Nuclear Energy. SGE is establishing partnerships and projects in more than a half-dozen European countries.
The company’s flagship project is in Poland, where, in cooperation with global energy leader Orlen, SGE has begun development at three separate sites and is on schedule to complete the first unit near the central city of Wloclawek by 2032.
The company’s flagship project is in Poland, where, in cooperation with state-controlled energy company Orlen, SGE has been preparing for development at three separate sites – Wlowlawek, central Poland, Ostrolaka, northeastern Poland, and Stawy Monowskie, in the south of the country. It is expecting to complete the first unit near Wloclawek by 2032.
In December 2023, joint venture OSGE received a decision-in-principle for the construction of up to 24 SMRs at six potential sites across the country.
