The money will go to the development of Westinghouse Electric Canada Inc.’s eVinci micro-reactor, a small modular reactor the company says will “bring carbon-free, transportable, safe and scalable energy anywhere Canada requires reliable, clean energy.”
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor. This is the third investment in small modular reactor technology to be made through Innovation, Science and Economic Development Canada's Strategic Innovation Fund.
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor. This is the third investment in small modular reactor technology to be made through Innovation, Science and Economic Development Canada's Strategic Innovation Fund.
/CNW/ - Innovation, Science and Economic Development Canada Canada is a leader in nuclear energy and nuclear safety and has one of the world s most promising.