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- Samsung C&T Engineering & Construction Group has signed a strategic alliance with GE Vernova Hitachi Nuclear Energy (GVH) to strengthen its position in the global Small Modular Reactor (SMR) market
- Building on its ongoing SMR projects in Romania, Sweden, and Estonia, Samsung C&T aims to leverage its proven EPC capabilities with GVH’s advanced nuclear technology to accelerate clean energy innovation across Europe, Southeast Asia, and the Middle East
Samsung C&T Engineering & Construction Group announced on October 9 that it has signed a Strategic Alliance Framework Agreement with GE Vernova Hitachi Nuclear Energy (GVH) on October 6 in Stockholm, Sweden.
Expanding Global Reach Through Strategic Partnership
The partnership will serve as a foundation for joint efforts in developing Small Modular Reactor (SMR) projects across Europe, Southeast Asia, and the Middle East.
The collaboration brings together Samsung C&T’s extensive experience in large-scale infrastructure and nuclear plant construction with GVH’s globally proven SMR technology. Through this alliance, the two companies plan to lead the global SMR market by offering optimized and efficient energy solutions.
The signing ceremony was attended by Oh Se-chul, President and CEO of Samsung C&T, Mavi Zingoni, CEO of GE Vernova’s Power business, and Jason Cooper, CEO of GVH’s Nuclear business, along with other senior executives and key officials from both companies.
Combining Proven Expertise and Advanced Technology
Established in 2007 as a joint venture between GE (United States) and Hitachi (Japan), GVH is a global leader in SMR development. The company has developed the BWRX-300, a 300-megawatt class reactor based on its advanced boiling water reactor (BWR) design.
The BWRX-300 is currently under construction in Ontario, Canada, marking the first SMR project in the Western hemisphere, and has been shortlisted by Swedish state-owned utility Vattenfall as one of the two final candidate technologies for its planned Ringhals nuclear project in Sweden.
Through the new partnership, Samsung C&T will participate as a strategic partner in GVH’s upcoming SMR projects across Europe, Southeast Asia, and the Middle East, covering the full EPC (Engineering, Procurement, and Construction) process from early-stage development to final implementation.
Driving Global Clean Energy Expansion
“By combining Samsung C&T’s EPC expertise with GVH’s advanced SMR technology, we aim to deliver the most efficient and sustainable energy solutions,” said Oh Se-chul, President and CEO of Samsung C&T. “This collaboration will further accelerate our global expansion in the SMR business.”
Echoing this sentiment, Mavi Zingoni, CEO of GE Vernova’s Power business, stated, “Partnering with Samsung C&T, a company with a proven record of success in global nuclear power projects, will strengthen our position as a leading player in the SMR market.”
Samsung C&T continues to broaden its global SMR portfolio. In addition to its collaborations in Sweden and Estonia with GVH, the company is working with NuScale Power on the Front-End Engineering Design (FEED) for Romania’s SMR project. These initiatives further solidify Samsung C&T’s standing as a key player in next-generation clean energy developme
