Samsung C&T expands SMR collaboration with Synthos Green Energy

Samsung C&T's expanded partnership with Synthos Green Energy (SGE) signifies a growing commitment to Small Modular Reactor (SMR) deployment in Central and Eastern Europe, specifically Poland. The agreement focuses on the BWRX-300 technology and includes the potential for Samsung C&T to make a strategic investment in SGE's international SMR development platform. This collaboration leverages Samsung C&T's construction and engineering expertise alongside SGE's focus on clean energy technologies, aiming to establish a foothold in the emerging SMR market. GE Vernova Hitachi Nuclear Energy is a key supplier in this project. The partnership is notable for its focus on the BWRX-300, a 300 MW SMR technology, and the involvement of major players like Samsung C&T, a global construction and trading conglomerate, and Synthos Green Energy, a company dedicated to clean energy solutions. The potential strategic investment by Samsung C&T further underscores the seriousness of their commitment. This deal could have significant implications for the energy landscape in Central and Eastern Europe, potentially accelerating the adoption of nuclear power as a cleaner energy source. The deal's value is not disclosed.