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Keyword:SGE

Poland's SGE Advances Plan to Build 14 BWRX-300 SMRs in the UK

Poland's SGE Advances Plan to Build 14 BWRX-300 SMRs in the UK

Polish energy development company SGE (formerly Synthos Green Energy) is advancing a project to deploy a reactor fleet consisting of 14 BWRX-300 small modular reactors (SMRs) in the UK. The project joint team stated that it has full confidence in the commercial economic model and the complete supply chain delivery capability of the plan. SGE formally submitted its project application in July under the UK's Advanced Nuclear Framework. The fleet's total planned installed capacity reaches 4.2 gigawatts (GW), equivalent to 11% of the UK's current total electricity demand. SGE has formed an engineering and technology alliance that includes Samsung C&T (Samsung C&T)...

2026-09-24

Poland Plans State Capital Injection to Accelerate GE Vernova Hitachi SMR Deployment

Poland Plans State Capital Injection to Accelerate GE Vernova Hitachi SMR Deployment

The Polish government is seeking to accelerate the development of small modular reactor (SMR) projects. Polish Energy Minister Miłosz Motyka stated that the government is in negotiations regarding the Polish Development Fund (PFR) taking a stake in Orlen Synthos Green Energy (OSGE), with a focus on restructuring the company's shareholding. OSGE, jointly established by Polish energy giant Orlen and chemical company Synthos, plans to build a cluster of small nuclear reactors using GE Vernova Hitachi technology from the United States. Motyka noted that the core of the current negotiations is to avoid deadlock in corporate governance. If one company holds a 50% stake, the other party or other shareholders may find it difficult to form effective checks and balances on key decisions...

2026-08-12

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