The memorandum of understanding (MoU) aims to facilitate collaboration between the companies and establish working groups to jointly explore potential projects in Central and Eastern Europe. These activities will include identifying areas of synergy and assessing the companies’ competencies and organisational capabilities in the context of delivering nuclear projects.
“The signing of the MoU underlines the continued commitment of Polimex Mostostal, SGE, and ATEC to the development of nuclear energy and the strengthening of the supply chain for SMR projects in Poland and across the region,” Synthos Green Energy (SGE) said.
The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GE Vernova Hitachi Nuclear Energy’s (GVH’s) US Nuclear Regulatory Commission-certified ESBWR boiling water reactor design and its existing, licensed GNF2 fuel design. GVH’s first BWRX-300 is under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade.
SGE – part of the Synthos Group – is a co-investor in the standard design for the BWRX-300 and is in the process of establishing SMR partnerships and projects in a number of Central and Eastern European countries, including the Czech Republic, Hungary, Bulgaria and Romania.
“We are developing a coherent SMR deployment model in Central and Eastern Europe that combines access to proven BWRX-300 technology with strong local construction and industrial capabilities,” said Rafał Kasprów, CEO of SGE. “Our agreement with Polimex Mostostal and ATEC strengthens our ability to scale projects across the region and build an efficient supplier ecosystem. Our goal is to deliver repeatable, financeable nuclear projects that will support the energy transition and enhance energy security across the region.”
“Signing the MoU with SGE and ATEC is an important step in building partnerships for the delivery of SMR projects in Central and Eastern Europe,” added Jakub Stypuła, President of the Management Board, Polimex Mostostal. “The agreement provides a framework for defining potential areas of cooperation and identifying where we can leverage our experience in delivering large-scale industrial and energy projects. At the same time, it enables the complementary use of each party’s strengths in the development of SMR projects. We see significant potential in this technology and want to actively participate in building the supply chain for this type of investment.”
Polimex Mostostal said the cooperation “is consistent with the long-term development strategies of all parties, aimed at the development of nuclear energy in the Central and Eastern European region and the effective use of existing competences in the implementation of SMR projects”.
Maciej Stańczuk, member of the management board of ATEC Group, said: “ATEC is consistently expanding its engineering capabilities in the nuclear energy sector. We are very pleased to be working with Polimex Mostostal, the largest and most important EPC contractor for energy projects in Poland, and we see strong potential in deploying the proven BWRX-300 technology in our country for two reasons. First, Poland needs nuclear energy to stabilise its power system, which must also rely on stable sources of energy and on reliable, low-emission technologies capable of keeping the grid operating under adverse conditions. Nuclear energy is today the only scalable option that can simultaneously provide resilience, decarbonisation and strategic autonomy. If we want to carry out an energy transition that is not only green, but also credible and capable of delivering acceptable energy prices, nuclear energy must return from the margins to the centre. Second, the SMR project represents a unique opportunity to create a truly local supply chain, of which, together with Polimex Mostostal, we want to be an important part. This is an exceptional opportunity for our companies, and one we cannot afford to miss.”
