Deals Counterparts

GE Vernova and Hitachi explore small modular reactor deployment across Southeast Asia

Partnership Nuclear announced Southeast Asia Mar 14, 2026
development
Stage

GE Vernova and Hitachi explore deploying their 300 MW BWRX-300 small modular reactors across Indonesia, Vietnam, and the Philippines, identifying potential sites and developing regulatory frameworks. This.

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Deal Analysis

GE Vernova and Hitachi are joining forces to explore small modular reactor deployment across Southeast Asia, a region facing both surging electricity demand and ambitious decarbonization targets. This partnership, leveraging GE Vernova's focus on electrifying and decarbonizing the world with Hitachi's broad industrial capabilities, will begin with feasibility studies for the BWRX-300 reactor. The collaboration aims to deliver nuclear power solutions that promise quicker deployment and lower costs, directly addressing the region's dual challenge of energy security and emissions reduction.
  • Partnership between GE Vernova and Hitachi announced 2026-03-14
  • Focus on BWRX-300 SMR technology
  • Targeting Southeast Asia for deployment
  • Aims for lower costs and quicker deployment of nuclear power

Source Intelligence

KEY DETAILS

The agreement is a strategic partnership and a memorandum of understanding to carry out feasibility studies for the deployment of the BWRX-300 small modular reactor. The agreement was finalized in Tokyo. The initiative aims to involve Japanese suppliers and industrial partners. The studies will examine technical feasibility, potential project locations, regulatory environments, and supply chain requirements.

Location
GE Vernova and Hitachi have announced a strategic partnership to explore the deployment of small modular reactors (SMRs) across Southeast Asia.
Announcement
The agreement was finalized during the Indo-Pacific Energy Security Ministerial and Business Forum held in Tokyo on Saturday.
Signing
The agreement was finalized during the Indo-Pacific Energy Security Ministerial and Business Forum held in Tokyo on Saturday.
PARTIES MENTIONED IN SOURCE
G
GE Vernova developer

"GE Vernova and Hitachi have announced a strategic partnership to explore the deployment of small modular reactors (SMRs) across Southeast Asia."

H
Hitachi developer

"GE Vernova and Hitachi have announced a strategic partnership to explore the deployment of small modular reactors (SMRs) across Southeast Asia."

medium quality Enriched Mar 14, 2026

Timeline

Announced
Mar 14, 2026
Signed
Mar 14, 2026
Closed

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