KNOXVILLE, TN (September 29, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) today welcomed the U.S. Nuclear Regulatory Commission’s (NRC) issuance of a construction permit to the Tennessee Valley Authority (TVA) for a BWRX-300 small modular reactor at its Clinch River site in Oak Ridge, Tennessee.

The permit is the first issued in the United States for a BWRX-300 and represents a significant milestone for TVA, GVH and the U.S. nuclear industry as the country advances toward a new generation of nuclear power deployment.

“This is a milestone for TVA and GE Vernova Hitachi Nuclear Energy, and an important moment for new nuclear in the United States,” said Eric Gray, CEO of GE Vernova Power Segment.  “TVA has shown strong leadership in advancing new nuclear, a commitment bolstered by the collaborative efforts of the NRC and Department of Energy. Together, and in alignment with federal Executive Orders aimed at accelerating advanced reactors, we are grateful for this collaboration as we work to support the deployment of the first BWRX-300 in the country.”

The NRC’s decision follows an extensive review of TVA’s construction permit application and builds on significant engagement between TVA, the NRC and GVH. The process demonstrates how experience, early regulatory engagement and a mature reactor design can support a more efficient pathway for advanced nuclear projects.

The milestone also adds to growing regulatory progress for the BWRX-300 across North America. In April 2025, the Canadian Nuclear Safety Commission (CNSC) issued Ontario Power Generation (OPG) a License to Construct the first BWRX-300 at its Darlington New Nuclear Project site, where nuclear construction is now underway. In March 2026, OPG submitted its License to Operate application for the first unit, which is currently under review by the CNSC. In September 2026, Blue Energy submitted the first part of its construction permit application to the NRC for a BWRX-300 planned for its gas-plus-nuclear project in Texas.

Together, these projects are establishing a growing body of licensing experience that can be applied across future BWRX-300 deployments.

“Fleet deployment is essential to scaling nuclear energy in the United States,” said Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy. “A standard design, combined with a predictable and efficient regulatory environment, allows us to apply common technology, licensing experience, supply chain capabilities and lessons learned from one project to the next. Clinch River brings us another step closer to making that fleet model a reality.”

TVA submitted its construction permit application for Clinch River in April 2025. The project builds on TVA’s existing Early Site Permit for Clinch River and is located within the Oak Ridge nuclear ecosystem, near the U.S. Department of Energy’s Oak Ridge National Laboratory.

The BWRX-300 is a 300-MW small modular reactor designed to reduce construction complexity by using a simplified configuration and leveraging decades of boiling water reactor operating experience.

NEW YORK (September 22, 2026) – SGE, GE Vernova, Hitachi and Samsung C&T have signed a Memorandum of Understanding (MoU) establishing a framework for cooperation on market development and commercial opportunities for the deployment of the BWRX-300 small modular reactor in Central and Eastern Europe and the United Kingdom.

The MoU was signed in New York during the Atlantic Council Nuclear Energy Policy Summit, held on the sidelines of the United Nations General Assembly, in the presence of U.S. Deputy Secretary of State Christopher Landau and Masayoshi Arai, Vice-Minister for International Affairs at Japan’s Ministry of Economy, Trade and Industry (METI).

The agreement is linked to the broader Memorandum of Cooperation (MOC) for SMR deployment in third countries signed on the margins of this year’s NATO summit by United States Secretary of State Marco Rubio, Japan Foreign Minister Motegi Toshimitsu, and Republic of Korea Foreign Minister Cho Hyun. The U.S. Department of State specifically identified the initiative among GE Vernova, Hitachi, Samsung C&T and SGE as a concrete industry effort to advance BWRX-300 deployment across Europe and deepen government-industry cooperation on global energy security.

Under the MoU, the companies will work together to assess market opportunities, further develop deployment strategies and pursue commercial opportunities for the BWRX-300. The cooperation brings together complementary capabilities in nuclear technology, engineering and project delivery, and regional development expertise. 

GE Vernova Hitachi Nuclear Energy (GVH), a joint venture between GE Vernova and Hitachi, is the designer and technology provider of the BWRX-300. Hitachi GE Vernova Nuclear Energy, a subsidiary of Hitachi, brings extensive nuclear technology and industrial expertise, while Samsung C&T contributes international engineering and construction capabilities, including experience in major nuclear and energy infrastructure projects. SGE is developing a fleet of BWRX-300 reactors in Europe and will continue to act as the exclusive regional lead for the BWRX-300 in much of Central and Eastern Europe.

"As European countries pivot to nuclear, we are committed to working with our close partners to help deploy Small Modular Reactors at the scale they need to deliver on their ambition," said Roger Martella, GE Vernova's Chief Corporate Officer and Chief Sustainability Officer. "GE Vernova has a long-standing history and presence across the European continent. This collaboration brings together complementary capabilities to help advance BWRX-300 deployment across multiple markets and build on the momentum already behind the technology."

"Hitachi has continued to bring long-standing experience in nuclear technology, through our partnership with GE Vernova," said Yasunori Inada, Vice President and Executive Officer, CEO of Nuclear Energy Business Unit, Hitachi. "This collaboration brings together the strengths and expertise of each partner, and Hitachi will contribute to exploring the deployment of the BWRX-300 in Europe by drawing on the technological capabilities cultivated through our nuclear business and on our collaboration with qualified Japanese suppliers. By further combining the digital technologies and innovation of the Hitachi Group, we will help realize a sustainable energy society and advance decarbonization in Europe as One Hitachi."

"Samsung C&T is working together with GVH on the deployment of the BWRX-300, and recently achieved a great outcome with Studsvik in Sweden," said Jung Wook Kim, Executive Vice President and Head of Global Business Unit and Global Operation, Samsung C&T. "Samsung C&T is honored to open a new chapter in Europe's SMR business together with GE Vernova, Hitachi and SGE. Building on Samsung C&T's proven EPC capabilities, we will fully leverage the synergy created by this four-way partnership to strengthen Europe's energy security and contribute to the realization of carbon neutrality.

“Europe and the UK need a scalable commercial model for new nuclear, built on proven technology, established supply chains and world-class delivery partners,” said Michał Sołowow, founder of SGE. “By combining GE Vernova Hitachi’s BWRX-300 technology, Hitachi’s industrial capabilities and Samsung C&T’s global construction expertise, SGE is creating a platform to deploy standardized nuclear fleets across multiple markets. We believe this can become one of the most competitive commercial solutions for Europe’s energy system — delivering reliable, clean energy 24/7, reducing execution risk, strengthening the supply chain and supporting long-term industrial growth.”

“Europe is entering a new strategic era in which energy independence, security of supply and industrial resilience are becoming core elements of national and regional security,” said Rafał Kasprów, CEO of SGE. “This agreement brings together state-of-the-art American nuclear technology from GE Vernova Hitachi, the industrial and technological capabilities of Hitachi and Samsung, and SGE’s European BWRX-300 development platform. Our objective is to establish a standardized, cross-border BWRX-300 fleet across the European Union and the United Kingdom, creating a new layer of secure, reliable and low-carbon generation capacity. By combining American technology, Japanese and Korean industrial strength, and European development capabilities and supply chains, we are building the foundations of a long-term nuclear strategic program designed to strengthen Europe’s energy security, strategic autonomy and industrial competitiveness.”

The BWRX-300 is 300 MW small modular reactor developed by GE Vernova Hitachi Nuclear Energy and Hitachi GE Vernova Nuclear Energy, built on decades of real-world boiling water reactor operating experience and innovation. Its simplified, standardized design is intended to support repeatable deployment and efficient project delivery. With the first unit already under construction in Canada, the BWRX-300 is well positioned to support Europe’s nuclear expansion by strengthening energy security and delivering reliable, carbon-free power at scale.

SGE is advancing BWRX-300 deployment across several European markets. In Poland, Decisions in Principle have been issued for 26 BWRX-300 reactors, with the current development focus on three sites with the potential to host the first 14 units. In the United Kingdom, SGE is advancing a 4.2 GW fleet of 14 BWRX-300 reactors across three multi-unit sites, with its proposal progressing to the Preliminary Regulatory Assessment Deep Dive led by Great British Energy – Nuclear. The company is also pursuing further opportunities across Central and Eastern Europe as part of its strategy to build a cross-border BWRX-300 fleet supporting European energy security, industrial resilience and the long-term supply of reliable, clean energy.

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About SGE

SGE is a European small modular reactor (SMR) development platform, established in 2019 and headquartered in Warsaw. The company is a co-investor in a standardized project based on the world’s most advanced commercially available SMR technology – the BWRX-300 reactor, developed by GE Vernova Hitachi Nuclear Energy. By combining proven technology with an innovative business model, SGE has become a leading SMR project developer in Europe. The company is currently developing partnerships and projects in over half a dozen European countries. Its flagship program is being implemented in Poland in collaboration with global energy leader ORLEN, with work underway at three sites and the first unit expected to be commissioned in 2032. In the United Kingdom, SGE is advancing a 4.2 GW fleet of fourteen BWRX-300 reactors across three multi-unit sites. The proposal has progressed to the Preliminary Regulatory Assessment Deep Dive led by Great British Energy – Nuclear, with the first site planned to host six units and initial commercial operation targeted for 2034.

About Samsung C&T

Samsung C&T’s Engineering & Construction Group has more than 40 years of engineering and construction experience operating throughout the world. The group spans commercial and residential buildings, civil infrastructure and plant construction. Its landmark projects include Burj Khalifa, the world’s tallest building, the ongoing Riyadh Metro Project in Saudi Arabia, the Qurayyah 4,000 MW CCPP Project, and the ongoing Qatar 2,000 MW Solar Power Project. In the nuclear energy sector, the company has successfully delivered 12 GW across 10 units, including the 5.6 GW Barakah Nuclear Power Plant in the UAE. It has recently undertaken the Nuclear Power Plant refurbishment project and Front-End Engineering Design (FEED) for Small Modular Reactors (SMRs), demonstrating its global competitiveness in large-scale reactor and SMR technologies, and solidifying its expertise across all areas of the nuclear industry.

About Hitachi

Through its Social Innovation Business (SIB) that brings together IT, OT(Operational Technology) and products, Hitachi aims to be a global leader in continuously transforming social infrastructure through digital, contributing to a harmonized society where the environment, wellbeing, and economic growth are in balance.

Hitachi operates worldwide across four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – as well as a Strategic SIB Business Unit focused on new growth areas. With Lumada at its core, Hitachi creates value by combining data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2025 (ended March 31, 2026) totaled 10,586.7 billion yen, with 606 consolidated subsidiaries and approximately 290,000 employees worldwide. Visit us at www.hitachi.com.

WILMINGTON, N.C. (September 16, 2026) – Blue Energy has submitted the first part of its construction permit application to the U.S. Nuclear Regulatory Commission (NRC) for the first BWRX-300 small modular reactor planned for its gas-plus-nuclear project at the Port of Victoria, Texas.

The submission represents another important step toward deployment of a fleet of BWRX-300 reactors in the United States. It follows the Tennessee Valley Authority’s construction permit application for a BWRX-300 at the Clinch River site in Tennessee, where the NRC review is approaching a decision.

“Blue Energy’s progress through the NRC process is another important step toward deploying the BWRX-300 in the United States,” said Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy. “This is what fleet deployment looks like: projects advancing on common technology, licensing work and supply chain capabilities, allowing us to apply lessons from one project to the next. With Blue Energy moving forward and the first U.S. BWRX-300 construction permit approaching a decision at Clinch River, we are seeing the foundations of a BWRX-300 fleet take shape in the United States.”

Blue Energy’s proposed project in Victoria, Texas, is expected to combine GE Vernova 7HA.02 gas turbines with BWRX-300 small modular reactors as part of the company’s gas-plus-nuclear development model. Blue Energy selected the BWRX-300 earlier this year and has been working with GVH to advance engineering and licensing activities for the project.

“This filing is an important step in turning our vision for repeatable, scalable, rapidly-built new nuclear into a real project,” said Jake Jurewicz, CEO and co-founder of Blue Energy. “Our team has moved from technology selection to the NRC construction permitting process in a matter of months, and we are proud of the progress we are making with GE Vernova. We believe combining Blue Energy’s approach to project development and construction with the BWRX-300 can create a faster, more repeatable path to deploying new nuclear power in the United States.”

Blue Energy is pursuing a phased approach to its construction permit application. The company expects to submit the remaining portion of the application in 2027 after they complete the NRC-mandated one calendar year of site-specific data collection.

GVH is supporting Blue Energy with technical information and engineering work related to the BWRX-300. The companies announced a project acceleration agreement in April 2026 to advance deployment of BWRX-300 small modular reactors and GE Vernova gas turbines at the Texas project.

The Blue Energy milestone comes as BWRX-300 deployment continues to advance in North America. Ontario Power Generation is constructing the first BWRX-300 at its Darlington New Nuclear Project in Ontario, Canada, while TVA is progressing licensing and development work for a BWRX-300 at Clinch River in Tennessee.

These projects are establishing the licensing, engineering, manufacturing and supply chain foundation needed to support repeat deployment of the BWRX-300 in the United States and internationally.

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Nuclear energy offers reliable, lower-carbon power, but building a traditional large reactor can mean massive capital costs and construction schedules that are too slow for meeting the growing demand for reliable, low-carbon power. How to overcome these obstacles was a problem that a team of engineers, led by Christer Dahlgren and Brian Hunt, were ruminating on 10 years ago at the company that is today known as GE Vernova Hitachi Nuclear Energy.

CHEVY CHASE, Maryland and WILMINGTON, North Carolina (August 13, 2026) – Blue Energy, a vertically integrated deployment platform for financeable, prefabricated nuclear power plants and GE Vernova Hitachi Nuclear Energy (GVH), today announced the signing of an agreement that launches the next phase of their collaboration to deploy a 2.5 GW gas-plus-nuclear power plant in Texas. 

This agreement advances engineering design, licensing, and safety analysis of the Victoria, Texas, project that will deploy both GE Vernova 7HA.02 gas turbines and GVH BWRX-300 SMRs, subject to a final investment decision in 2027. The agreement represents a significant step forward for Blue Energy’s strategic pairing of natural gas and nuclear generation to help meet surging U.S. electricity demand driven by artificial intelligence and advanced manufacturing. 

Blue Energy’s integrated approach to prefabrication, transportation, and assembly – the “Blue Way” – builds on the standardized, modular design of the BWRX-300 to support execution certainty by enhancing schedule, costs and project delivery predictability through innovative logistics, off-site fabrication and super modules assembly. 

“This agreement with GE Vernova Hitachi keeps Blue Energy confidently moving forward to build our nuclear energy production line that will unlock the promise of abundant nuclear energy,” said Jake Jurewicz, Blue Energy CEO and co-founder. “We are shifting from the old way of building large reactor nuclear power to instead do it the ‘Blue Way’ that slashes costs and time to power and finally makes nuclear a financeable, repeatable product.”

With its innovative gas-plus-nuclear strategy, Blue Energy will initially power a nearby data center with approximately 1 gigawatt of power using two GE Vernova gas turbines in 2030 and then add another 1.5 gigawatts of power from up to five GE Vernova Hitachi SMRs beginning in 2032. 

“Meeting the surging demand for electricity requires proven, scalable technologies and the ability to bring them together as integrated solutions,” said Eric Gray, CEO, GE Vernova’s Power segment. “Our work with Blue Energy combines GE Vernova’s flagship HA gas turbine technology with GE Vernova Hitachi’s advanced nuclear SMR technology, while supporting Blue Energy’s innovative project model. Together, we are establishing a blueprint for deploying reliable baseload power at the scale and speed customers need.”

The first BWRX-300 is currently under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first grid-scale SMR in the Western world. 

For more information, including a video of Jake Jurewicz and Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy, click here. 

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About GE Vernova Hitachi Nuclear Energy

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi Ltd., is a world-leading provider of nuclear services and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

About Blue Energy

Founded in 2023, Blue Energy is a vertically integrated deployment platform for financeable, turnkey nuclear power plants compatible with leading reactor technology. Our proprietary lower cost of capital solution and offsite pre-fabrication accelerates new nuclear deployment – making it predictable, faster and more affordable. We will deliver baseload power competitive with fossil fuels and renewables to meet unprecedented global demand. Blue Energy's world-class team has extensive experience in nuclear construction, licensing, engineering, and development. We stem from MIT's Nuclear Science & Engineering Department and are backed by VXI Capital, Engine Ventures, At One Ventures and Tamarack Global. Visit www.blueenergy.co or follow us on LinkedIn.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

PARIS (17 juin 2026) – GE Vernova Hitachi Nuclear Energy (GVH) et le fabricant canadien Velan ont annoncé aujourd’hui un partenariat visant à étudier les possibilités pour Velan de fournir des vannes d’isolement intégrées au réacteur (RIIV) et des vannes d’isolement de l’enceinte de confinement (CIV) pour les projets de petits réacteurs modulaires (PRM) BWRX-300 de GVH en Europe. Ces vannes sont des composants essentiels qui permettent de réguler le débit du fluide de refroidissement, d’assurer la sécurité de fonctionnement du réacteur et de garantir la fiabilité et la performance à long terme de la centrale. Cette annonce a été faite en présence de l’honorable Stephen Lecce, ministre de l’Énergie et des Mines de l’Ontario.

Cet accord prend appui sur l’expertise et les capacités acquises dans le cadre de la collaboration entre les deux entreprises sur le Projet de nouvelle centrale nucléaire de Darlington en Ontario, au Canada, où Velan participe à la mise en service du premier réacteur BWRX-300. Alors que les pays européens cherchent à renforcer leur sécurité énergétique, à répondre à une demande croissante en électricité et à progresser vers leurs objectifs de décarbonisation, GVH explore les débouchés liés aux petits réacteurs modulaires (PRM) sur plusieurs marchés, notamment en Pologne, en Finlande et en Estonie.

« L’un des principaux avantages du déploiement à grande échelle réside dans la possibilité de mettre à profit l’expérience acquise lors des premiers projets pour les suivants », a déclaré Amir Mujezinovic, responsable de stratégie chez GE Vernova Hitachi Nuclear Energy. « Notre collaboration avec Velan à Darlington nous a permis de développer des capacités susceptibles de soutenir les futurs projets liés au BWRX-300 en Europe. Alors que nous travaillons avec des clients dans toute la région, nous restons déterminés à maximiser la participation locale tout en tirant parti de fournisseurs éprouvés et de l’expertise acquise dans le cadre de projets déjà en cours. »

Le BWRX-300 est un PRM d’une puissance de 300 mégawatts, conçu pour fournir une électricité fiable et sans carbone. Ontario Power Generation (OPG) déploie actuellement cette technologie à son installation de Darlington, ce qui en fait le premier PRM à échelle commerciale en construction dans le monde occidental.

« L’ensemble de vannes représente l’un des équipements les plus critiques d’une centrale nucléaire; il est essentiel à un fonctionnement sûr et fiable et nécessite une ingénierie et une fabrication spécialisées, ainsi que des normes de qualité rigoureuses », a précisé Laurent Pefferkorn, premier vice-président chargé des ventes mondiales chez Velan. « Forte de son expérience dans le cadre du projet de nouvelle centrale nucléaire de Darlington et faisant fond sur plus de sept décennies d’expertise dans le domaine nucléaire, Velan occupe une position unique pour accompagner GE Vernova Hitachi en tant que partenaire de choix dans la mise en œuvre future des réacteurs BWRX-300 en Europe. »

La province de l’Ontario a soutenu le développement d’une chaîne d’approvisionnement nucléaire compétitive à l'échelle mondiale grâce à des investissements dans le projet de nouvelle centrale nucléaire de Darlington et dans l’ensemble du secteur nucléaire.

« Lorsque la province de l’Ontario s’est engagée à construire le premier petit réacteur modulaire (PRM) du monde occidental, c’était pour garantir un avantage du premier arrivé à nos travailleurs, à notre chaîne d’approvisionnement et à notre base industrielle », a déclaré Stephen Lecce, ministre de l’Énergie et des Mines. « En signant cet accord avec GE Vernova Hitachi et Velan, l’Ontario va fabriquer et exporter des composants nucléaires de fabrication ontarienne destinés au marché européen des PRM, en pleine croissance. Avec plus de 600 milliards de dollars d’investissements mondiaux prévus dans les PRM au cours des prochaines décennies, notre gouvernement dynamise la chaîne d’approvisionnement ontarienne et contribue ainsi à créer des emplois bien rémunérés pour les Canadiens. »

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À propos de GE Vernova Hitachi Nuclear Energy
Le secteur d’activité Énergie nucléaire de GE Vernova, grâce à son alliance mondiale avec Hitachi, est l’un des principaux fournisseurs mondiaux de grappes de combustible nucléaire, de services et de conceptions avancées de réacteurs nucléaires. Ses technologies comprennent les réacteurs à eau bouillante et les petits réacteurs modulaires, tels que le BWRX-300, qui est l’une des conceptions de réacteur à eau bouillante les plus simples, mais aussi les plus novatrices. Le secteur d’activité Combustible nucléaire de GE Vernova, Global Nuclear Fuel (GNF), est l’un des principaux fournisseurs mondiaux de combustible pour réacteurs à eau bouillante et de services d’ingénierie liés au combustible. GNF est une coentreprise dirigée par GE Vernova en partenariat avec Hitachi, Ltd. Elle opère principalement par l’intermédiaire de Global Nuclear Fuel-Americas, LLC, à Wilmington (Caroline du Nord), et de Global Nuclear Fuel-Japan Co., Ltd., à Kurihama (Japon). HITACHI est une marque déposée de Hitachi, Ltd. utilisée sous licence. GE est une marque déposée de General Electric Company utilisée sous licence.

À propos de Velan
Fondée à Montréal en 1950, Velan Inc. (www.velan.com) conçoit, fabrique et commercialise à l'échelle mondiale un large éventail de vannes industrielles destinées à des applications critiques. Velan propose des solutions à de nombreux secteurs industriels, notamment la production d'électricité, le nucléaire, le pétrole et le gaz, l’industrie chimique, le GNL et la cryogénie, la défense et les technologies neutres en carbone. L’entreprise est un leader mondial dans le domaine des vannes industrielles en acier et est présente dans neuf pays. Son siège social est situé à Montréal, au Canada. Velan Inc. est une société cotée en bourse dont les actions sont cotées à la Bourse de Toronto sous le symbole VLN.

Déclarations axées sur l’avenir
Le présent document contient des déclarations axées sur l’avenir, c’est-à-dire des déclarations liées à des événements futurs qui, par nature, traitent de questions qui sont, à des degrés divers, incertaines. Ces déclarations axées sur l’avenir traitent souvent du rendement futur attendu de GE Vernova sur le plan des affaires et financier et de sa situation financière, ainsi que de la performance attendue de ses produits, de l’incidence de ses services et des résultats qu’ils peuvent générer ou produire, et contiennent souvent des mots tels que « s’attendre à », « anticiper », « avoir l’intention de », « planifier », « croire », « chercher », « voir », « sera », « serait », « estimer », « prévoir », « cibler », « préliminaire » ou « fourchette ». Les déclarations axées sur l’avenir, de par leur nature, traitent de questions qui sont, à des degrés divers, incertaines, telles que les déclarations concernant des transactions, des investissements ou des projets prévus et potentiels, leurs résultats attendus et les répercussions des conditions macroéconomiques et du marché et la volatilité sur les activités commerciales, les résultats financiers et la situation financière de l’entreprise, ainsi que la chaîne d’approvisionnement mondiale et l’économie mondiale.

Site web en anglais: https://www.gevernova.com/ca 
le site français: https://www.gevernova.com/ca/fr

PARIS (June 17, 2026) — GE Vernova Hitachi Nuclear Energy (GVH) and Canadian manufacturer Velan today announced a collaboration to explore opportunities for Velan to supply Reactor Integral Isolation Valves (RIIV) and Containment Isolation Valves (CIV) for GVH's BWRX-300 small modular nuclear reactor (SMR) projects in Europe. These valves are critical components that help control coolant flow, support safe reactor operation, and contribute to the long-term reliability and performance of the plant. The agreement was signed at GE Vernova's offices in Paris in the presence of The Honourable Stephen Lecce, Ontario's Minister of Energy and Mines.

The agreement builds on the expertise and capabilities being developed through the companies' work on the Darlington New Nuclear Project (DNNP) in Ontario, Canada, where Velan is supporting deployment of the first BWRX-300. As countries across Europe look to strengthen energy security, meet growing electricity demand, and advance decarbonization goals, GVH is pursuing SMR opportunities in multiple countries, including in Poland where GVH and Orlen Synthos Green Energy (OSGE) are executing site-specific engineering and development activities to support the deployment of at least 24 BWRX-300 units. 

"One of the key advantages of fleet deployment is the ability to apply experience from early projects to those that follow," said Amir Mujezinovic, Strategy Leader, GE Vernova Hitachi Nuclear Energy. "Our work with Velan at Darlington has helped establish capabilities that can support future BWRX-300 opportunities in Europe. As we work with customers across the region, we remain committed to maximizing local participation while leveraging proven suppliers and expertise from projects already underway."

The BWRX-300 is a 300-megawatt SMR designed to provide reliable, carbon-free electricity. Ontario Power Generation (OPG) is currently deploying the technology at its Darlington site, making it the first commercial-scale SMR under construction in the western world.

"The valve package represents some of the most critical equipment within a nuclear power plant, essential to safe and reliable operation and requiring specialized engineering, manufacturing, and stringent quality standards," said Laurent Pefferkorn, Executive Vice-President, Global Sales, Velan. "Building on our experience supporting the Darlington New Nuclear Project backed by more than seven decades of nuclear expertise, Velan is uniquely positioned to support GE Vernova Hitachi as a partner of choice in enabling future BWRX-300 deployments in Europe.”

The Province of Ontario has supported development of a globally competitive nuclear supply chain through investments in the Darlington New Nuclear Project and the broader nuclear sector.

"When Ontario committed to building the Western world's first Small Modular Reactor, we did so to secure a first-mover advantage for our workers, supply chain and industrial base,” said Stephen Lecce, Minister of Energy and Mines. “By signing this agreement with GE Vernova Hitachi and Velan, Ontario will build and export Ontario-made nuclear components for Europe’s growing SMR market. With more than $600 billion in global SMR investment expected in the decades ahead, our government is firing up the Ontario supply chain helping create good-paying jobs for Canadians."

STOCKHOLM (April 7, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) today announced that it has entered into a Main Services Agreement (MSA) with AFRY, a leading Swedish engineering, project management and advisory company, to support the deployment of its BWRX-300 small modular reactor (SMR) technology.

Through this non-exclusive collaboration, AFRY will deliver engineering and advisory services that leverage its deep sector knowledge, regional expertise and extensive presence across Europe. The collaboration is expected to enable Swedish industries to participate in high-value opportunities linked to the growing European and global SMR market.

“This agreement reflects our commitment to building a strong Swedish and European industrial ecosystem around the BWRX-300, going beyond reactor technology to enable long-term collaboration, local capability development and regional value creation,” said Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy. “Sweden has a strong industrial base and world-class engineering capabilities, and by working with AFRY we are reinforcing our ability to deliver the BWRX-300 while enabling local industry to play a meaningful role in Europe’s energy transition.”

“Through the collaboration with GE Vernova Hitachi, we aim to help position Sweden as a key hub in the future SMR value chain as well as advancing Sweden’s nuclear power program,” said Elon Hägg, EVP and Head of Global Division Energy at AFRY. “This collaboration connects local expertise with international reach and supports the delivery of reliable, low-carbon energy solutions.”

By combining GVH’s proven BWRX-300 technology and global project experience with AFRY’s sector-engineering strength, the collaboration is designed to support efficient, repeatable, and scalable deployment across multiple projects in Europe. In addition to engineering work, AFRY will also support GVH in the development of a license application for the BWRX-300 to the Swedish Radiation Safety Authority (SSM).

Momentum around the BWRX-300 continues to build globally. The first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first small modular reactor in the Western world. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments, and others, support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

About GE Vernova Hitachi Nuclear Energy

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi Ltd., is a world-leading provider of nuclear services and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

TOKYO (March 14, 2026) – GE Vernova (NYSE: GEV) and Hitachi, Ltd. (TSE: 6501, “Hitachi”) have entered into a Memorandum of Understanding (MoU) to explore opportunities to deploy the BWRX-300 small modular reactor in Southeast Asia. The agreement was signed during the Indo-Pacific Energy Security Ministerial & Business Forum in Tokyo in the presence of U.S. Secretary of the Interior Doug Burgum and Japan’s Ministry of Economy, Trade and Industry (METI) Minister Ryosei Akazawa.

The two companies agree to collaborate through the GE Vernova Hitachi Nuclear Energy and Hitachi GE Vernova Nuclear Energy joint ventures to identify commercial opportunities for the BWRX-300 in Southeast Asia. The collaboration will also explore opportunities to incorporate qualified Japanese suppliers and strengthen the SMR supply chain supporting future BWRX-300 deployment in the region.

“As more nations look to nuclear power to meet their energy security needs, GE Vernova and Hitachi look forward to continuing our long history of collaboration in support of the global nuclear industry,” said Roger Martella, Chief Corporate Officer, GE Vernova. “Our SMR technology can be a powerful tool for countries across Southeast Asia for generations to come.”

“Hitachi has continued to bring long-standing experience in nuclear technology, through our partnership with GE Vernova, and we are excited to do even more by exploring the deployment of the BWRX-300 in Southeast Asia,” said Yasunori Inada, Vice President and Executive Officer, CEO of Nuclear Energy Business Unit, Hitachi. “We aim to contribute to a sustainable energy future in the region by leveraging the capabilities of Hitachi and GE Vernova.”

Momentum around the BWRX-300 continues to build globally. The first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first small modular reactor in the Western world. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan. A total of four SMRs are planned for the site. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments, and others, underscore the momentum of the BWRX-300 as GE Vernova and Hitachi build on more than half a century of experience in the nuclear industry, combining their proven technologies and deep expertise to scale and deploy SMRs commercially to customers around the globe.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

About Hitachi

Through its Social Innovation Business (SIB) that brings together IT, OT (Operational Technology) and products, Hitachi contributes to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates globally in four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – and the Strategic SIB Business Unit for new growth businesses. With Lumada at its core, Hitachi generates value from integrating data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2024 (ended March 31, 2025) totaled 9,783.3 billion yen, with 618 consolidated subsidiaries and approximately 280,000 employees worldwide. Visit us at www.hitachi.com.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s and Hitachi’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

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