South Korea’s SK Group said it has signed a nonbinding agreement with the company founded by Bill Gates that is developing a new generation nuclear power reactor.
SK group said the agreement would “solidify the groupwide push to reduce carbon emissions”.
The conglomerate, which has interests in chemical and energy, did not disclose details for any specific investment in TerraPower. It said subsidiaries SK Inc and SK Innovation will jointly develop with TerraPower “next-generation technologies” needed for small modular reactors.
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