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PORTLAND, Ore. (BUSINESS WIRE) Jul 22, 2021 NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR). In conjunction with the investment, Samsung C&T and NuScaleâs lead engineering, construction and procurement (EPC) partner, Fluor Corporation, are developing a business collaboration agreement to expand capabilities available for future deployment of NuScale projects. Samsung C&T, a trusted nuclear power plant contractor, participated in construction of the four unit Barakah Nuclear Power Plant in the United Arab Emirates. Under its agreements with NuScale and Fluor, Samsung C&T will draw upon its nuclear construction experience with the successful completion of the Barakah Plants and Uljin, South Korea Nos. 5 and 6 Plants to serve as a strategic partner to Fluor and other potential project participants. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Doosan Heavy Industries and Construction Completes Fourth Investment in NuScale Power July 20, 2021 GMT PORTLAND, Ore. (BUSINESS WIRE) Jul 20, 2021 NuScale Power announced today Doosan Heavy Industries and Construction (DHIC) has agreed to complete a cash investment in NuScale to continue to support deployment of its groundbreaking small modular reactor (SMR). In 2019, Doosan was joined by financial investors that collectively invested $44 million in NuScale. Marking the next step in the strategic relationship between NuScale and DHIC, this is the fourth investment from DHIC and its financial partners in a two-year span. Including the latest investment of $60 million, DHIC and its financial investors have invested more than $100 million in NuScale, further demonstrating their confidence in the promising potential and viability of NuScale’s technology to transform the cl ....
Doosan Heavy Industries and Construction Completes Fourth Investment in NuScale Power pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.
NRC License Sought for USNC HTGR at University of Illinois energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.
NuScale Power has signed a second Memorandum of Understanding with Canadian commercial marine nuclear power developer Prodigy Clean Energy to support business opportunities for a marine-deployed nuclear power plant using the NuScale small modular reactor. ....