Industry Update—May 2026
Here is a recap of recent industry happenings:
ADVANCED REACTOR MARKETPLACE
GE Vernova, Hitachi seek opportunities in Southeast Asia
GE Vernova and Hitachi have entered into a memorandum of understanding to identify opportunities for the commercial deployment of the BWRX-300 small modular reactor in Southeast Asia. The companies agreed to carry out the collaboration through the GE Vernova Hitachi Nuclear Energy and Hitachi GE Vernova Nuclear Energy joint ventures. The companies will also look for opportunities to incorporate qualified Japanese suppliers into the partnership and to strengthen the supply chain for future BWRX-300 deployment in Southeast Asia. The BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, and in the United States, the Nuclear Regulatory Commission is reviewing the Tennessee Valley Authority’s application to construct the BWRX-300 at the utility’s Clinch River site in Oak Ridge, Tenn.