SGE and Samsung C&T Sign MoU for Cooperation on Small Modular Reactors Deployment
Today in Korea SGE S.A. and Samsung C&T have signed a MoU to collaborate on the deployment of SMRs, marking a significant step toward advancing clean, reliable, and affordable energy solutions. This strategic partnership combines SGE’s expertise in deploying nuclear technologies with Samsung C&T’s global engineering and construction capabilities, aiming to accelerate the rollout of SMRs as a cornerstone of sustainable energy, energy security, and carbon-neutral goals worldwide. The objective of this partnership is to outline the framework for future cooperation, focused the potential development of SMR projects utilizing GE Vernova Hitachi Nuclear Energy’s BWRX-300 technology in the CEE region. To accelerate and expand the rate of SMR deployments in Europe, Samsung is considering a strategic investment into SGE’s development platform. As part of this collaboration, the parties will share relevant information such as feasibility studies, site data, environmental assessments, and evaluation reports, while leveraging Samsung C&T’s extensive know-how in delivering energy infrastructure projects. Regular updates and executive reviews will ensure transparency and progress monitoring. Michał Sołowow, owner and founder of SGE said: “Samsung C&T is the world’s leader in energy infrastructure construction. SGE is proud to deepen and align our relationship with Samsung as a potential equity partner. Their proven capabilities in delivering nuclear projects will strengthen SGE’s SMR development platform and accelerate the deployment of safe, sustainable, and cost-effective energy across Europe.” President and CEO of Samsung C&T, Oh Sechul, affirms: “Partnering with SGE strengthens our shared vision of accelerating the deployment of innovative nuclear technologies. Together, we aim to make SMRs a cornerstone of sustainable energy systems, ensuring energy security and driving the global shift toward a carbon-neutral future. We look forward to working closely with SGE to shape the future of clean energy in Europe.”Internationally, the BWRX-300 is gaining recognition as a leading SMR solution. Two major North American utilities have selected the technology for their projects, with the first plant scheduled for completion in Ontario, Canada, in 2029. This milestone reinforces the global confidence in BWRX-300’s proven design, safety, and cost competitiveness.