Studsvik, GE Vernova Hitachi and Samsung C&T commit to advancing 1.2 GW nuclear power project in Sweden
Sweden, Sept. 3 -- Studsvik AB (publ), GE Vernova Hitachi Nuclear Energy, GE Vernova's Financial Services business, DS Investment Partners and Samsung C&T today announced an agreement to advance the ReFirm nuclear program at Studsvik's sites in Sweden. The agreement is exclusive for a fixed period, which the parties may extend. ReFirm is Studsvik's multi-site small modular reactor (SMR) and new nuclear program, added through its acquisition of Karnfull Next (KNXT) earlier this year. KNXT has worked with GE Vernova Hitachi on BWRX-300 deployment in Sweden since 2022 and entered into a strategic teaming agreement with Samsung C&T in December 2024. Today's announcement advances plans for the Nykoping and Valdemarsvik sites, with an initial fou...
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