Under the agreement, the two companies will collaborate on expanding SMR business into the Czech Republic, Hungary, Lithuania, Bulgaria and Romania, while also working together on feasibility studies, site surveys and environmental impact assessments for Polish SMR projects.
Synthos Green Energy aims to build up to 24 SMRs in Poland by the early 2030s, including the country's first SMR power plant, using BWRX-300 technology developed by GE Vernova Hitachi Nuclear Energy (GVH), a joint venture between General Electric and Japan's Hitachi.
The BWRX-300 is a 300-megawatt SMR based on an advanced boiling water reactor design and is considered one of the leading technologies in the emerging SMR sector.
Samsung C&T signed a separate agreement with GVH in October to expand SMR projects in Europe, Southeast Asia and the Middle East.
"This close partnership with Synthos Green Energy will serve as a milestone in establishing our foothold in Poland and Central and Eastern Europe," Samsung C&T CEO Oh Se-chul said.
Synthos Green Energy CEO Rafał Kasprów said he hopes the combination of Samsung C&T's global nuclear project expertise and his company's SMR capabilities will enhance the prospects for Poland's SMR projects and deliver safe, sustainable energy solutions across Europe.
The partnership comes as European nations increasingly turn to nuclear power to meet decarbonization targets, with SMRs gaining traction as a flexible, cost-effective alternative to conventional large-scale reactors.
reporter
Kim Dong-young
davekim0807@ajupress.com
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