New build
Siemens Energy will manufacture steam turbines, generators, and auxiliary systems for Rolls-Royce SMRs at its Newcastle facility, marking the first European production of these components for small modular reactors. This initiative supports the Gwyndod project in the United Kingdom and the broader SMR export market, contributing to the UK's nuclear supply chain and job creation.
The US Department of Energy's Nuclear Energy Launch Pad initiative has selected 12 recipients for projects spanning reactor development and nuclear fuel cycle advancements, including fabrication, enrichment, and conversion technologies. This initiative, building on earlier pilot programs, aims to accelerate the deployment of advanced nuclear technologies by private industry.
Studsvik has entered a joint development agreement with several partners to advance the 1.2-GW ReFirm program, which aims to deploy four BWRX-300 units in southern Sweden, with the first unit expected to begin operations in the mid-2030s.
A consortium comprising Studsvik, GE Vernova Hitachi Nuclear Energy (GVH), GE Vernova Financial Services, DS Investment Partners, and Samsung C&T has signed an agreement to advance the ReFirm nuclear program in Sweden. The initiative focuses on multi-site small modular reactor (SMR) development, aiming for the first unit to be commissioned by the mid-2030s. The partners will immediately begin joint development work, including commercial, technical, regulatory, and financing activities.
Inox Wind has been awarded a 100 MW turnkey wind project by Indian Oil Corporation Ltd (IOCL), valued at approximately ₹755 crore. This repeat order includes comprehensive project execution, from turbine supply to long-term operations and maintenance.
TerraPower has announced new supplier contracts for its Natrium reactor components, aiming to establish a robust supply chain for its advanced nuclear technology. These awards support the construction of the first Natrium plant in Kemmerer, Wyoming, and a sodium test facility on the same site.
Blykalla has submitted a proposal to the Swedish government for a nuclear power plant at Untra, featuring up to eight lead-cooled small modular reactors (SMRs) with a total capacity of up to 440 MWe. This application follows an earlier submission for a six-unit project in Norrsundet. Both projects are seeking state support under Sweden's new state aid framework for nuclear power.
India aims to expand its nuclear power capacity to 100 GW by 2047, requiring an estimated $210 billion investment. Officials and industry executives highlight the need to review green finance rules, which currently exclude nuclear investments, and to develop a stronger talent pipeline. Efforts are underway to address the shortage of specialized education and training, including certification programs to build a local nuclear supply chain.
National Thermal Power Corporation Limited (NTPC) is conducting feasibility studies for a 3,200 MW nuclear power project in Odisha, India. Two sites, Deogarh and Nabarangpur, are under assessment after initial evaluations deemed two other locations unsuitable. This initiative is a partnership with Nuclear Power Corporation of India Ltd (NPCIL).
Holtec is progressing with component fabrication for its HI-TEST facility at Idaho National Laboratory. This facility will quantify performance margins for the SMR-300 pressurized water reactor and support future power uprating.
A new pilot project for a First Nations-owned Transportable Nuclear Power Plant (TNPP) is set to validate logistics and operational requirements in New Brunswick, Canada. The project aims to establish a commercial blueprint for a fleet of TNPPs across Canada's North and for global export. The provincial government of New Brunswick has committed to purchasing the generated electricity, and the project has been advanced to Canada's federal Major Projects Office.
The nuclear industry is undergoing a significant transformation, marked by the extension of existing plant operating lives, the progression of new reactor technologies from concept to construction, and increased investment in domestic manufacturing and fuel production. Utilities are also focusing on strengthening supply chains to support future operations.