NuScale Power Archives | Be Korea-savvy

Samsung C&T Solidifies Partnership with NuScale Power for Global SMR Push

SEOUL, May 10 (Korea Bizwire) — Samsung C&T Corp., a South Korean construction firm, said Tuesday it has forged a comprehensive partnership with NuScale Power, a U.S. nuclear technology company, in a move to tap deeper into the small modular reactor (SMR) business. The construction unit of Samsung Group has injected an additional US$50 million [...]

Doosan Heavy to Invest More in U.S. NuScale Power

SEOUL, July 20 (Korea Bizwire) — South Korea’s top power plant builder Doosan Heavy Industries & Construction Co. said Tuesday that it has decided to invest US$60 million to expand its stake in NuScale Power LLC., a U.S. small modular reactor (SMR) maker. Doosan Heavy already invested $44 million in the unlisted SMR maker in [...]