Candu Energy and Türkiye Nuclear Energy Company to explore CANDU reactor deployment in Turkey
Candu Energy and Türkiye Nuclear Energy Company have signed a memorandum of understanding to assess the potential for deploying Canadian CANDU reactor technology in Turkey as the country seeks to expand its nuclear energy capacity.
Counterparts (2)
Partner
Türkiye Nuclear Energy Company
Türkiye Nuclear Energy Company (TÜNAŞ) is a state-owned enterprise established by the Turkish government to manage and participate in nuclear energy projects within Türkiye. Its core focus is the development, construction, and operation of nuclear power plants to enhance national energy security and contribute to decarbonization goals.
C
Candu Energy
Candu Energy, a subsidiary of SNC-Lavalin, is a global leader in nuclear technology, specializing in the design, development, and servicing of CANDU heavy water reactors. The company provides comprehensive lifecycle support for nuclear power plants, including new build projects, reactor refurbishment, and operational services, contributing to clean and reliable energy infrastructure worldwide.
Deal Analysis
Candu Energy and Türkiye Nuclear Energy Company have signed a Memorandum of Understanding (MoU) to explore the potential deployment of Canadian CANDU reactor technology in Turkey. This partnership, announced in March 2026, signifies an early-stage assessment aimed at expanding Turkey's nuclear energy capacity. The deal is currently in an exploratory phase, focusing on evaluating the feasibility and strategic fit of CANDU reactors within Turkey's energy infrastructure goals.
This initiative holds strategic importance for both counterparts. For Candu Energy, it represents a potential new market for its established reactor technology, offering an opportunity to expand its global footprint. For Türkiye Nuclear Energy Company, the MoU underscores its proactive approach to assessing diverse nuclear technologies as it seeks to significantly increase its nuclear energy generation. While specific capacity and financial value are not disclosed, the deal highlights Turkey's commitment to developing its nuclear sector as a key component of its future energy strategy.
- Memorandum of Understanding for technology assessment
- Exploration of Canadian CANDU reactor deployment in Turkey
- Partnership between Candu Energy and Türkiye Nuclear Energy Company
- Aimed at expanding Turkey's nuclear energy capacity
Timeline
Announced
Mar 4, 2026
Signed
Closed
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