NuScale Power announced today that it has signed an investment agreement with GS Energy North America Investments, the US-based branch of South Korea’s GS Energy Group, in a move which “will support future deployments” of NuScale’s small modular reactor (SMR) designs.
Oregon-based NuScale said in a statement that the agreement with GS Energy is “a significant step” towards commercialising the company’s SMR technology and “continues the strong momentum of investments” NuScale has secured in recent months.
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