BWRX-300

Knoxville, Tenn. – – September 29, 2026 -- The U.S. Nuclear Regulatory Commission has issued a construction permit for Clinch River Unit 1, making the Tennessee Valley Authority the first U.S. utility cleared to build a GE Vernova Hitachi Nuclear Energy BWRX-300 small modular reactor (SMR). The permit, granted for TVA's Clinch River Nuclear Site near Oak Ridge, Tenn., marks only the second advanced reactor construction permit ever issued in the country.

NRC clears path for 300-megawatt reactor ahead of schedule

TVA said the NRC's evaluation process allowed the permit to be issued earlier than anticipated, a move officials framed as evidence of streamlined federal licensing for advanced nuclear technology. No construction start date has been announced.

"This construction permit is more than a regulatory achievement – it's foundational for America's nuclear future," said Mike Skaggs, TVA Interim President & CEO.

Nyköping – September 07, 2026 -- Studsvik AB, GE Vernova Hitachi Nuclear Energy and Samsung C&T have signed an exclusive agreement to advance a four-unit BWRX-300 nuclear project totaling roughly 1,200 MWe in Sweden, with the first unit targeted for operation in the mid-2030s.

Consortium selects GE Vernova Hitachi and Samsung C&T after competitive review

Following a competitive evaluation process, Studsvik named GE Vernova Hitachi Nuclear Energy as reactor design authority and Samsung C&T as execution partner for the ReFirm programme. GE Vernova Financial Services and Seoul-based DS Investment Partners join as financing partners, with DS Investment Partners leading investment structuring during the exclusivity period.