A $550bn (€475bn) agreement signed by US president Donald Trump in Tokyo this week includes $332bn of commitments by Japan and various Japanese companies to support critical energy infrastructure in the US, including the construction of AP1000 and small modular reactors (SMRs) in partnership with Westinghouse, the White House said.
The agreement also includes commitments for the construction of SMRs in collaboration with GE Vernova and Hitachi and the supply of large-scale baseload power infrastructure from Entra1 Energy.
The projects advance Japan’s previous $550bn investment commitment to the US to further revitalise the US industrial base, the White House said.
That commitment was part of the US-Japan Framework Agreement, announced in July and signed in Tokyo on 28 October by Trump and Japan’s prime minister Sanae Takaichi.
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