New U.S. BWRX-300 projects get Japanese investment

March 25, 2026, 11:56AMNuclear News
A cutaway of the BWRX-300 SMR design. (Image: GVH)

Coinciding with the March 19 White House meeting between President Trump and Japanese Prime Minister Takaichi Sanae, the Department of Commerce announced three new energy deals as part of a Japan-U.S. Strategic Investment initiative. Two of the deals involve the construction of natural gas generation facilities. The third, with an estimated value of as much as $40 billion, involves the construction of GE Vernova Hitachi (GVH) BWRX-300 small modular reactors in Tennessee and Alabama.