US-based small modular reactor developer X-Energy has announced investment from South Korea-based multinationals DL E&C and Doosan Enerbility of $25m (€23m) in a private round of financing to support the advancement of the global deployment of its Xe-100 Generation IV advanced SMR.
Doosan – which will continue to work with X-energy as a major component and system vendor – will engineer, supply and manufacture key components for the Xe-100 plant, including the reactor pressure vessel.
Doosan and X-energy also plan to pursue various applications of the Xe-100 technology such as the provision of power and heat to industrial processes like hydrogen production.
DL E&C will work with X-energy to identify opportunities to support the deployment of Xe-100 plants “on a global scale”.
…