Hyundai E&C and U.S.-based Holtec International have teamed up with British firms to bid for the U.K. Atomic Energy Authority's Small Modular Reactor project.
Korea's small modular reactor (SMR) project faces challenges as R&D budgets are cut and major U.S. projects are canceled. Despite setbacks, domestic developers see potential in the global SMR market.
If we want to protect the domestic SMR market from foreign suppliers, let alone entering overseas markets, the budget must be restored.
While next year’s research and development (R&D) budget was significantly cut as the government tightened its purse strings, nuclear power-related projects turned out to be an exception.
Samsung C&T signed a memorandum of understanding on Tuesday in Bucharest, Romania, with five participants.
Doosan Enerbility will supply core materials for a small modular reactor (SMR) project in the U.S., the company said Friday.
Through the strategic investment, DL E&C, a local engineering and construction company, will acquire $20 million of X-energy convertible bonds, and Doosan Enerbility $5 million.
GS Holdings announced it will invest 21 trillion won ($16.5 billion) over the next five years to ensure future growth.
Three Korean companies will work with Tigard, Oregon's NuScale Power to jointly develop, manufacture and deploy small modular reactors (SMR) globally.
Three Mile Island. Chernobyl. Fukushima. Nuclear reactors are potentially very dangerous. They are also incredibly efficient and produce no emissions. Wind drops. The sun goes down. Nuclear plants keep on generating electricity year in, year ...
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