US / South Korea’s Doosan Announces Additional $60M Investment In NuScale Power

South Korea’s Doosan Announces Additional $60M Investment In NuScale Power
A computer-generated image of a NuScale SMR nuclear power plant. Courtesy NuScale.
South Korea’s Doosan Heavy Industries and Construction has signed an agreement with US-based NuScale Power to invest an additional $60m to continue to support deployment of NuScale’s small modular reactor.

The investment follows a $44m investment in NuScale Power in 2019, for a total investment of $104m.

The two companies have also agreed to expand cooperation to hydrogen production and desalination using SMRs.

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