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Indian private enterprises lean toward 700 MWe pressurized heavy water reactors to enter nuclear power market

As India plans to significantly expand its nuclear power capacity, the domestically developed 700 MWe pressurized heavy water reactor (PHWR) is emerging as the primary choice for new entrants in the country's civilian nuclear power sector. Industry players believe this reactor type has established a relatively mature design, supply chain, and engineering service system, making it more suitable as a starting point for private enterprises to enter the nuclear power field. India has proposed increasing its domestic civilian nuclear power capacity to 100 GWe by 2047. Recently, India released the draft rules for the SHANTI Act, establishing a regulatory framework for a broader nuclear power ecosystem, covering private participation, captive power generation, licensing management, safety oversight, and nuclear liability. At an energy summit held in New Delhi...

2026-08-23

Gujarat seeks to attract small modular reactor manufacturing projects

On the fifth day of his visit to the United States, Gujarat Chief Minister Bhupendra Patel met with executives from several global companies in New York to advance investment outreach for the Vibrant Gujarat Global Summit 2027. The meetings included Kyndryl, BlackRock, and Holtec International. During the talks with Holtec International, the two sides focused on nuclear technology and manufacturing cooperation. Holtec International primarily provides spent fuel storage and related solutions for nuclear power plants and has already established a precision manufacturing facility in Gujarat to meet growing demand for air-cooled condensers. According to an official statement, the company plans to expand this facility in 2025.

2026-08-23

Ghana Acquires Nuclear Power Plant Simulator to Advance Nuclear Talent Training

The Ghana Atomic Energy Commission (GAEC) has installed a nuclear power plant simulator at its simulation center for personnel training, operational procedure drills, and safety capacity building, in preparation for Ghana's future nuclear power program. The facility allows trainees to familiarize themselves with plant control, operations, and emergency response procedures in a controlled environment before the actual construction of a nuclear power plant. George Kofi Appiah, Manager of the Localization and Stakeholder Support Center at the GAEC Nuclear Power Institute, stated that the simulator will help Ghana develop the professional capabilities needed to safely operate nuclear facilities. The remarks were made during a media professionals' tour organized by the Nuclear Power Ghana (NPG)...

2026-08-23

Singapore and India to Explore Cooperation on Small Modular Reactors

On August 20, the fourth India-Singapore Ministerial Roundtable was held in Singapore. After reviewing progress in the six existing areas of cooperation, both sides proposed to further explore cooperation in new areas such as space and nuclear technology. Singapore's Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, who led the Singapore delegation, said after the meeting that Singapore and India are satisfied with the good progress of cooperation in the six areas of sustainable development, digitalization, skills development, healthcare and pharmaceuticals, advanced manufacturing, and connectivity. Among the new areas of cooperation, nuclear technology became one of the topics discussed by both sides, with a focus on...

2026-08-21

Hennessy Capital VII and ONE Nuclear Advance "Gas-to-Nuclear" Data Center Power Supply Plan

Hennessy Capital Investment Corp. VII and ONE Nuclear recently held a joint investor update to review the latest progress of their proposed business combination and disclosed ONE Nuclear's gas-to-nuclear strategy developed around the power supply needs of hyperscale data centers. According to relevant documents, the S-4 registration statement filed by both parties became effective on August 3, 2026, and Hennessy Capital VII has mailed the final proxy statement to shareholders of record as of July 31, 2026, for a vote on the business combination. ONE Nuclear stated that its business path will begin with behind-the-meter natural gas power generation to provide faster-deployable on-site electricity for data centers...

2026-08-21

Uzbekistan Prepares for Second Nuclear Power Plant Project

Uzbek President Shavkat Mirziyoyev said on August 17 at a ceremony launching investment projects in the Khorezm region that Uzbekistan is carrying out large-scale preparatory work for the construction of a second nuclear power plant. This marks the first time the country has publicly mentioned the second NPP project. Mirziyoyev said Uzbekistan has advanced a number of energy and infrastructure projects in recent years, with the nuclear power plant under construction in the Jizzakh region being one of them. He noted that the second NPP is still in the preparation stage, with the project site, installed capacity, construction timeline, and potential contractors yet to be announced. At the same event, U...

2026-08-21

U.S. Apollo Atomics Secures $31 Million in Funding to Advance Commercialization of Compact Pressurized Water Reactor

U.S.-based Apollo Atomics recently announced the completion of a $31 million seed funding round to advance the commercialization of its next-generation compact pressurized water reactor. Incubated by the Massachusetts Institute of Technology (MIT) and backed by Y Combinator, the company plans to shift the reactor from the traditional one-off large-scale construction model to a factory-manufactured, scalable product. The round was led by FCVC, with participation from Y Combinator, Telesoft Partners, Alumni Ventures, Robinhood Ventures, Nucleation Capital, Pelion VC, and Duke Capital Partners. The company stated that the proceeds will be used to...

2026-08-21

South Korea's DaeChang Solution Secures Special Steel Contract for French Nuclear Power Turbines

South Korean steel casting manufacturer DaeChang Solution Co. announced on August 21 that it has signed a special steel supply contract with Arabelle Solutions France, with the products to be used in steam turbines for small modular reactors (SMRs) and large nuclear power plants. According to the announcement, the contract value is EUR 50.7649 million, equivalent to approximately KRW 82.631 billion based on the initial market exchange rate of KRW 1,627.72 per euro on the contract signing date. This amount represents 138% of DaeChang Solution's 2025 consolidated sales of KRW 59.877 billion. Of the contract value, 70% is a fixed amount, i.e., EUR 37.2055 million...

2026-08-21

South Korea Raises 2040 Electricity Demand Forecast, Increment Equivalent to 19 Large Nuclear Power Units

A forum on the formulation of South Korea's 12th Basic Plan for Electricity Supply and Demand was held in Seoul on August 20. The new round of electricity demand forecasts submitted at the meeting showed that by 2040, South Korea's annual maximum electricity demand is expected to reach 158.4 GW to 165.0 GW, an upward revision of 26.6 GW to 26.8 GW compared to the forecast proposed in April this year. Based on the 1.4 GW single-unit capacity of the AP1400 large nuclear power unit under construction in South Korea, the increment in electricity demand from this upward revision is equivalent to the electricity provided by approximately 19 large nuclear power units operating at full power. The previous April forecast for the 2040 annual maximum electricity demand was 131.8 GW to 138.2 GW. The new forecast reflects semiconductor industry clusters...

2026-08-21

Russia Plans to Add Approximately 30 GW of Nuclear Power Capacity and Expand Regional Deployment

Russian President Vladimir Putin stated at a meeting on nuclear energy development that Russia will continue to uphold high standards of nuclear power plant safety and reliability, and plans to add approximately 30 GW of nuclear power capacity, including small modular reactors. Putin said the new capacity will not only replace units approaching the end of their service life, but also significantly increase Russia's total nuclear power generation capacity. Russia also plans to expand the geographical deployment of nuclear power units, building a new generation of nuclear power plants in the Urals, Siberia, and the Far East to provide affordable clean electricity to these regions. He also noted that Russia will strengthen...

2026-08-21

OECD Nuclear Energy Agency and the United States to Co-Host "New Nuclear Roadmap 2026" Conference

The OECD Nuclear Energy Agency (NEA) and the United States will co-host the New Nuclear Roadmap 2026 conference on September 17-18, 2026, in Paris, France. The conference will bring together ministers, senior government representatives, industry leaders, investors, experts, and relevant stakeholders to discuss the policy, industrial, and financial conditions required for the large-scale deployment of new nuclear capacity. U.S. Secretary of Energy Chris Wright stated that the world needs more energy and that nuclear energy will play an important role in addressing this demand. The U.S. Department of Energy will co-host the conference with partners to advance nuclear innovation, strengthen international cooperation, and continue to promote global nuclear energy development...

2026-08-20

NRC Initiates Pre-Application Review of Terra Innovatum's SOLO Construction Permit Application

The U.S. Nuclear Regulatory Commission (NRC) has initiated the first phase of its readiness review of selected materials from the proposed construction permit application (CPA) for the SOLO micro modular reactor submitted by Terra Innovatum Global NV. This review is a limited-scope pre-application assessment designed to help the applicant identify potential information gaps, technical issues, or policy concerns early in the process. According to the schedule published by the NRC, Terra Innovatum requested a two-phase readiness review of its proposed construction permit application on July 20, 2026. The NRC subsequently developed a review plan, and the first phase began on August 10, 2026, through a kickoff meeting...

2026-08-20

Port of Long Beach Advances Offshore Small Modular Reactor Project

The Port of Long Beach in California, USA, is advancing an exploratory project for an offshore small modular reactor (SMR) system that could one day provide electricity for port operations, terminal equipment, charging infrastructure, and vessels at berth. If the project ultimately comes to fruition, it could become one of California's first new nuclear power projects in nearly 50 years. The project partner is Bluecore Energy, a startup founded less than a year ago that plans to develop small nuclear reactors deployable on floating barges. The Port of Long Beach has leased the Pier 48 site to the company for technology development and testing. Previously, the Port of Long Beach also...

2026-08-19

TerraPower Plans to Deepen South Korean Supply Chain Cooperation to Advance K-Sodium SMR Business Model

TerraPower CEO Chris Levesque recently stated that South Korea possesses strong nuclear supply chain capabilities, with both a foundation in small modular reactor (SMR) construction and familiarity with the stable power demands of AI data centers, semiconductors, and other industries. TerraPower plans to further strengthen cooperation with South Korean companies in supply chain and project manufacturing. Levesque stated that small modular reactors are not a technology intended to replace traditional large-scale nuclear power plants, but rather a new class of energy solution targeting incremental electricity demand in the AI era. He recently met with TerraPower Chairman Bill...

2026-08-19

The Second Working Meeting of 2026 of the Special Review and Supervision Task Force for the Hainan Changjiang Small Modular Reactor Demonstration Project Convened

To further strengthen the regulatory oversight of the Hainan Changjiang Multi-purpose Modular Small Modular Reactor Science and Technology Demonstration Project (hereinafter referred to as the Small Modular Reactor Demonstration Project), the Nuclear Power Safety Regulatory Department of the Ministry of Ecology and Environment recently organized and convened the Second Working Meeting of 2026 of the Special Review and Supervision Task Force for the Small Modular Reactor Demonstration Project. Representatives from the South China Regional Office of Nuclear and Radiation Safety Supervision, the Nuclear and Radiation Safety Center, the China Machinery Productivity Promotion Center, the operating organization, and the design organization attended the meeting. The meeting focused on dialogue and exchanges regarding unresolved review issues of the Small Modular Reactor Demonstration Project, and reviewed the implementation status of action items from the first task force meeting, the overall project review status, on-site supervision status...

2026-08-18