WILMINGTON, North Carolina (August 21, 2025) – GE Vernova Hitachi Nuclear Energy (GVH) announced that its BWRX-300 small modular reactor (SMR) has been chosen by Vattenfall as part of the utility’s evaluation of new nuclear capacity near the Ringhals facility on Sweden’s Värö Peninsula.

“We welcome Vattenfall’s decision following a comprehensive assessment process,” said Maví Zingoni, CEO of Power at GE Vernova. “As the only SMR currently under construction in the Western world, the BWRX-300 is well positioned to support Sweden in meeting rising electricity demand and achieving its net-zero objectives.”

Jason Cooper, CEO of Advanced Nuclear at GVH, emphasized the company’s regional experience: “We have a strong legacy in supporting nuclear development across the Nordic countries and are prepared to play a central role in Vattenfall’s future nuclear initiatives. The BWRX-300 offers a deployment timeline aligned with Sweden’s needs, utilizes already licensed fuel, and is engineered to lower both construction and operational costs.”

Global momentum behind the BWRX-300 continues to accelerate. The first unit is currently under construction at Ontario Power Generation’s Darlington site near Toronto, where a total of four reactors are planned. In the United States, the Nuclear Regulatory Commission is reviewing an application from the Tennessee Valley Authority (TVA) to build the first domestic BWRX-300 at the Clinch River site in Oak Ridge, Tennessee. Additionally, organizations including OPG, TVA, Duke Energy, and Synthos Green Energy in Poland are investing in the reactor’s standard design, reinforcing GVH’s leadership in advancing SMR commercialization worldwide.

About GE Vernova Hitachi Nuclear Energy

GE Vernova’s nuclear business, through its alliance with Hitachi, is a global leader in nuclear fuel, services, and advanced reactor technologies. Its portfolio includes boiling water reactors and small modular reactors such as the BWRX-300—recognized for its simplified design and innovative engineering. The company’s fuel division, Global Nuclear Fuel (GNF), is a joint venture with Hitachi, Ltd., operating primarily through facilities in Wilmington, North Carolina, and Kurihama, Japan.

Forward-Looking Statements

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