By Avi Salzman – Barron’s
GE Vernova Hitachi Nuclear Energy is a joint venture between U.S. industrial company GE Vernova (GEV) and Japanese conglomerate Hitachi. The JV won approval last month in Canada for its small modular reactor, or SMR, design, known as the BWRX-300. The first of four reactors is already under construction near Toronto. GE Vernova has decades of experience in the nuclear industry, and already makes money servicing existing nuclear reactors.
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#smallmodularreactor #SMR