New build
NTPC plans to expand its non-fossil fuel energy capacity by initiating feasibility studies for nuclear power projects in additional states, including Uttar Pradesh. The company aims to establish 30 GW of nuclear capacity by 2047, contributing to India's national target of 100 GW.
Bluecore Energy has announced significant progress in the development of its 10 MW pressurized water reactor (PWR) for maritime applications. Key milestones include the purchase of low-enriched uranium, ongoing engagement with U.S. regulatory bodies, and advancement in its maritime classification pathway.
Kairos Power LLC has secured $643 million in combined private and government financing to support the construction of its Hermes 2 demonstration reactor in Tennessee and expand manufacturing capabilities in New Mexico. The funding includes investments from private sources, the U.S. Department of Energy, and Samsung C&T Corp.
DEE Development Engineers Ltd. has entered into a framework agreement with an Indian EPC contractor to collaborate on nuclear power projects. The partnership will focus on providing piping products and related services for various reactor types, including PHWRs, LWRs, and SMRs.
The nuclear industry faces challenges in capital and supply chain readiness, influenced by past project overruns and bankruptcies. This has led to increased caution among engineering, procurement, and construction (EPC) firms when bidding on new reactor projects.
SGE and ZE PAK have established a joint venture to develop a 1,800 MWe small modular reactor (SMR) plant at Pątnów, Poland. The project will feature six BWRX-300 reactors and aims to replace an existing coal-fired power plant, supporting Poland's energy transition.
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India aims to increase its nuclear power capacity to 100 GW by 2047, requiring an investment of ₹15 lakh crore to add 91 GW. This expansion will involve significant private sector participation, following recent legislative changes allowing private and foreign companies into the nuclear power sector.
Bluecore Energy has acquired uranium hexafluoride enriched to 4.95% uranium-235, marking a step toward developing its maritime nuclear energy systems. The uranium is stored at a US nuclear fuel facility. This acquisition supports the company's progress in reactor design and hardware development, moving towards future fueled testing.
Westinghouse is progressing with nuclear power plant projects in Poland and the Netherlands, including procurement for AP1000 units and engineering design for large-scale reactors.
Poland has initiated work on its second nuclear power plant, with Bełchatów and Konin identified as preferred locations. This development follows an agreement between the Ministry of Energy, Polskie Elektrownie Jądrowe (PEJ), and Polska Grupa Energetyczna (PGE) to coordinate the project and conduct preliminary studies. The country is also progressing with its first nuclear plant, which will utilize Westinghouse's AP1000 technology.
Hyundai E&C has developed and tested specialized excavation equipment for used nuclear fuel disposal facilities as part of a government-funded R&D project. The equipment, designed for deposition holes, features a foldable cutterhead for repeated use and was verified through full-scale rock excavation in an underground research tunnel.