GE Vernova, Hitachi, Samsung C&T and Poland's Synthos Green Energy (SGE) signed a four-party memorandum of understanding on September 22, 2026 to co-develop a fleet of BWRX-300 small modular reactors across Central and Eastern Europe and the United Kingdom. The State Department welcomed the deal a day later on the sidelines of the UN General Assembly, framing it as the industry anchor of a $150 billion European SMR push tied to the July trilateral U.S.-Japan-Korea SMR cooperation pact.
What The MoU Covers
The MoU sets up a shared commercial framework for market development, deployment and localization work on the BWRX-300, GE Vernova Hitachi Nuclear Energy's 300 MWe boiling water SMR. SGE, chaired by founder Michał Sołowow and led by CEO Rafał Kasprów, brings site and permitting pipelines across Poland and neighboring markets; Samsung C&T contributes EPC muscle; Hitachi contributes reactor engineering and Japan supply chain; GE Vernova provides the reactor design and program lead.
Timeline And Existing Anchors
Poland is targeting first BWRX-300 unit operation in 2032, with the UK aiming for 2034 commercial operation on the sites where SGE has filed for 14 BWRX-300 units. Canada's Darlington New Nuclear Project remains the reference site, with the first BWRX-300 already under construction. GE Vernova Hitachi separately holds anchor deals for Sweden through Studsvik and the U.S. through Tennessee Valley Authority's Clinch River project.
Diplomatic Wrapper
Deputy Secretary of State Christopher Landau welcomed the consortium at UNGA on September 23, calling it delivery on the trilateral MOC on SMR deployment signed in Ankara on July 7 by Secretary Rubio and his Japanese and Korean counterparts. The State Department pegged the addressable pipeline at more than $150 billion in reactor investment across Europe, a figure not cited in the industry release itself. GE Vernova's Roger Martella, Hitachi Nuclear Business Unit CEO Yasunori Inada and Samsung C&T executive VP Jung Wook Kim each framed the pact as an industrial answer to Europe's baseload-power gap.
Why It Matters
The four-party deal converts state-to-state SMR ambition into a single procurement channel just as Europe's utilities scramble for firm, low-carbon capacity. It also formalizes South Korea's push to piggyback its EPC scale onto a Western reactor design, following the U.S.-Japan-Korea trilateral pact signed in July and complementing Italy's own nuclear return.
Reporting based on coverage from GE Vernova, the U.S. State Department and World Nuclear News.