Nuscale Power Secures Investment And Support From Samsung C&Amp;T Corporation For Global Smr Deployment
Nuscale Power Secures Investment And Support From Samsung C&Amp;T Corporation For Global Smr Deployment
07/22/21, 12:10 PM
Location
portland
NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR). In conjunction with the investment, Samsung C&T and NuScale’s lead engineering, construction and procurement (EPC) partner, Fluor Corporation, are developing a business collaboration agreement to expand capabilities available for future deployment of NuScale projects.
Company Info
Location
portland, oregon, united states
Additional Info
The Company maintains strong program momentum towards the commercialization of its SMR technology, including supply chain development, standard plant design, planning of plant delivery activities and startup and commissioning plans.About NuScale PowerNuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications.