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India Releases Detailed Project Report for 300 MWe Bharat Small Modular Reactor

The release of the Detailed Project Report (DPR) for India's 300 MWe Bharat Small Modular Reactor (BSMR-300) marks a new milestone in India's indigenous small modular reactor program. The report was released on August 14, 2026, and was jointly prepared by the Bhabha Atomic Research Centre (BARC) and the Nuclear Power Corporation of India Limited (NPCIL). The project falls under the indigenous Small Modular Reactor (SMR) program advanced by India's Department of Atomic Energy (DAE), positioned as a complement to India's existing large-scale nuclear power construction projects and offering captive nuclear power solutions. According to the released information, the BSMR-300 is designed as a fully indigenously developed Generation III+ pressurized water reactor with an installed capacity of 300 MWe. The project continues...

2026-08-17

SK Deepens Cooperation with TerraPower, Targeting Nuclear Power Supply for AI Data Centers

According to industry sources, SK Group Chairman Chey Tae-won recently met with TerraPower Board Chairman Bill Gates in Seoul. The two sides exchanged views on next-generation nuclear power technology, electricity demand from AI data centers, and global energy cooperation. (From left to right) TerraPower CEO Chris Leveque, SK Innovation CEO Choo Hyung-wook, SK Group Chairman Chey Tae-won, TerraPower Board Chairman Bill Gates, and TerraPower Senior Vice President of Business Development Jeff Miller at a meeting before a dinner at Seonhyewon restaurant in Jongno-gu, Seoul, on August 14, 2026...

2026-08-17

Energoatom and the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine Sign Scientific and Technical Cooperation Agreement

On August 13, Pavlo Kovtoniuk, head of Ukraine's national nuclear energy company Energoatom, and Ihor Kryvtsun, director of the E.O. Paton Electric Welding Institute of the National Academy of Sciences of Ukraine, signed a scientific and technical cooperation agreement. Under the agreement, the two parties will integrate scientific research and engineering technical resources to provide technical support for the safe operation of nuclear power units and other nuclear energy facilities, and will cooperate in areas such as extending the service life of reactor installations and the feasibility study and implementation of new nuclear power unit projects...

2026-08-15

Korea Eximbank to Promote Financial Cooperation with TerraPower on Small Modular Reactors

The Export-Import Bank of Korea (KEXIM) is in talks on financial cooperation with TerraPower, a U.S. next-generation nuclear energy company, with both sides planning to establish a support mechanism centered on the commercialization of small modular reactors (SMRs) and overseas market expansion. According to KEXIM, bank Chairman Hwang Gi-yeon recently met with TerraPower Chairman Bill Gates, and the two sides exchanged views on expanding the global SMR ecosystem and advancing Korea-U.S. next-generation nuclear energy cooperation. TerraPower was founded by Bill Gates in 2008 and focuses on developing next-generation nuclear energy technologies. The company has developed the "Natrium" next-generation reactor using sodium-cooling techn...

2026-08-16

KHNP Maps Out SMR Security System to Address Drone and Nuclear Material Threats

Korea Hydro & Nuclear Power (KHNP) is preparing to establish a new security response system for Small Modular Reactors (SMRs) and decommissioned nuclear power plants. Due to their smaller size and more flexible deployment methods, SMRs may be distributed across different regions in the future, and the security risks they face are not entirely identical to those of traditional large-scale nuclear power plants. KHNP plans to launch a research service on physical protection implementation plans related to new nuclear energy projects in September, focusing on assessing risks such as terrorist attacks, external intrusion, theft of nuclear materials, facility sabotage, and drone attacks. Physical protection refers to a nuclear security system established for nuclear materials and nuclear facilities, encompassing prevention, detection, interdiction, and emergency response.

2026-08-15

Bill Gates Visits South Korea to Promote TerraPower Small Modular Reactor Cooperation

Bill Gates recently held a series of intensive meetings in South Korea with government agencies, financial institutions, and nuclear power industry chain companies, discussing the commercialization of TerraPower's small modular reactor (SMR), supply chain development, and global market expansion. Gates is the founder of TerraPower, which is advancing a next-generation small modular reactor project based on sodium-cooled fast reactor technology. Korea Eximbank (KEXIM) President Hwang Ki-yeon said on the 14th that he had met with Gates, and the two sides discussed financial cooperation plans needed for SMR commercialization and global market entry. Korea Eximbank plans to provide Terra...

2026-08-15

Blue Energy and GVH Advance 2.5 GW Gas-Plus-Nuclear Project in Texas

Blue Energy and GE Vernova Hitachi Nuclear Energy (GVH) announced on August 13 that they have signed an agreement to launch the next phase of deploying a 2.5 GW gas-plus-nuclear power project in Texas, United States. The project is located in Victoria, Texas. Under the agreement, the two parties will advance project engineering, licensing applications, and safety analyses, with a final investment decision planned for 2027. The project is expected to utilize GE Vernova's 7HA.02 gas turbine and GVH's BWRX-300 small modular reactor...

2026-08-14

Doosan Enerbility Secures Manufacturing Contract for Key Equipment for TerraPower's Small Modular Reactor

Doosan Enerbility announced on August 14 that it has signed a manufacturing contract with TerraPower to produce key equipment for the latter's Natrium advanced reactor project. TerraPower, founded by Bill Gates, is one of the advanced nuclear energy technology companies in the United States. Under the contract, Doosan Enerbility will be responsible for manufacturing key components required for the Natrium reactor, including the reactor protection vessel, reactor support structures, and reactor internal structures. The two parties have previously collaborated. In December 2024, Doosan Enerbility and TerraPower signed a manufacturability review contract for key equipment for the first unit of the initial small modular reactor, and...

2026-08-14

Bill Gates Visits South Korea to Deepen SMR Cooperation with Korean Companies

Bill Gates, co-founder of Microsoft, founder of TerraPower, and chairman of the Gates Foundation, visited South Korea on August 13. This marks his first visit to the country since August last year, with the primary agenda of expanding cooperation in the field of small modular reactors (SMRs). At approximately 9:20 p.m. local time on the 13th, Gates arrived at Gimpo Business Aviation Center at Seoul Gimpo Airport via private jet. During his visit, he plans to meet with figures from the South Korean government, the National Assembly, and the business community. It is reported that Gates is scheduled to meet with South Korean Prime Minister Han Seong-sook on the 14th, with the meeting having been proposed by Gates' side...

2026-08-14

Türkiye Maps Out Small Modular Reactors, Targeting 5,000 MW Installed Capacity by 2050

Türkiye is positioning small modular reactors (SMRs) as a new breakthrough in its nuclear energy strategy. Under relevant plans, Türkiye aims to achieve approximately 5,000 MW of SMR installed capacity by 2050, a scale that would surpass the Akkuyu Nuclear Power Plant project. For Türkiye, which has long sought to reduce its external energy dependence, SMRs are seen as a strategic opportunity combining energy security, industrial upgrading, and technological competitiveness. Compared with traditional large-scale nuclear power plants, SMRs feature smaller installed capacity and more flexible deployment, typically ranging from 10 MW to 300 MW; micro modular reactors below 10 MW are even smaller and can be transported by truck. Reports note that such reactors can be deployed in...

2026-08-13

India plans to build at least five domestically designed small modular reactors by 2033, and reports on nuclear power plant safety assessments

In a written reply to the Lok Sabha on August 12, Jitendra Singh, India's Minister of State for Atomic Energy, stated that a key objective of the Indian government under its nuclear energy mission is to develop and operationalize at least five domestically designed small modular reactors by 2033. According to the briefing, the Bhabha Atomic Research Centre (BARC) is advancing the design and development of indigenous small modular reactor (SMR) technology, with projects including the 220 MWe Bharat Small Modular Reactor (BSMR-200) and the 55 MWe SMR-55 for power generation. BARC is also developing a High-Temperature Gas-Cooled Reactor (HTGCR) with a capacity of up to 5 MW, which can be coupled with suitable thermochemical cycles for hydrogen production. Singh stated that India...

2026-08-13

Aegis to Develop Digital Twin Control Platform for Marine Nuclear Hybrid Energy with Ontario Tech University

Aegis Critical Energy Defence Corp. announced on August 12 that it will undertake a multi-year research collaboration with Ontario Tech University through the Mitacs Accelerate program. The project, valued at CAD 480,000, aims to develop and test a digital twin-based control platform to support the safe, reliable, and robust operation of small modular reactor and micro modular reactor (SMR/MMR) hybrid energy systems in marine environments. Under the project arrangement, the research team will simulate changing loads, system faults, and...

2026-08-13

South Korea Sets 2035 Commercialization Target for Small Modular Reactors

The Ministry of Science and ICT (MSIT) of South Korea announced on August 12 its "Seven Future Growth Engines SEED" promotion plan, designating small modular reactors, nuclear fusion, and next-generation renewable energy as key focus areas for the future clean energy sector. Among these, nuclear power-related content primarily centers on the commercialization of small modular reactors, research and development of non-light water reactor-type reactors, nuclear fuel supply security, and fusion demonstration power generation. According to the plan, South Korea will advance the development of light water reactor-type small modular reactors, targeting commercialization in Gijang County, Busan by 2035. The innovative small modular reactor (i-SMR) will undergo detailed design through public-private cooperation starting next year...

2026-08-13

HD Hyundai Chairman to Meet Bill Gates to Advance SMR Cooperation

HD Hyundai Chairman Chung Ki-sun will meet Bill Gates, who is visiting South Korea, on August 14, with the two sides planning discussions on cooperation in small modular reactors (SMRs). Gates, co-founder of Microsoft, also serves as chairman of TerraPower, a U.S. small modular reactor company. This will be the latest round of communication between Chung and Gates on related cooperation, following their meeting earlier this year at the Davos Forum in Switzerland. HD Hyundai and TerraPower have been steadily strengthening cooperation in SMR and advanced reactor manufacturing in recent years. In November 2022, HD Korea Shipbuilding & Marine Engineering invested $30 million in TerraPower. In December 2024, HD Hyundai secured an order to manufacture the reactor vessel for TerraPower's 345 MW sodium-cooled fast reactor (SFR) to be built in Wyoming, U.S.

2026-08-13

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