GE Vernova

Cambridge, Massachusetts, USA
Active
BWR

Company overview

Founded
2024
Total funding
Public company (NYSE: GEV) — $36B+ annual revenue
Technology
BWR — Boiling Water Reactor

About

GE Vernova, through the GE Vernova Hitachi Nuclear Energy alliance, provides advanced reactor designs, nuclear fuel and nuclear lifecycle services. Its small modular reactor focus is the BWRX-300, a simplified boiling-water reactor designed for up to 300 MW of electricity and using passive safety features, commercially available fuel and modular construction techniques. On 13 August 2026, GE Vernova Hitachi and Blue Energy agreed to advance engineering design, licensing and safety analysis for a planned 2.5-GW gas-plus-nuclear project in Victoria, Texas, subject to a 2027 final investment decision.

Key investors

Public investors

Projects developed by GE Vernova

BWRX-300 — Hungary (Synthos / Hunatom)
🇭🇺Hungary
Planning
3000 MWe
BWRX-300 — Slovakia (Synthos / Slovenské Elektrárne)
🇸🇰Slovakia
Planning
600 MWe
BWRX-300 SPRING Fleet — Central and Eastern Europe
🇵🇱Poland
Planning
3000 MWe
SaskPower — Rafferty SMR Project (Estevan)
🇨🇦Canada
Planning
600 MWe
Indiana Michigan Power BWRX-300 — Indiana
🇺🇸United States
Planning
300 MWe
Elementl BWRX-300 — Multiple UK Sites
🇬🇧United Kingdom
Planning
300 MWe
Darlington BWRX-300 — Units 2, 3 and 4
🇨🇦Canada
Approved
900 MWe
TVA Clinch River BWRX-300 — NRC Construction Permit Issued
🇺🇸United States
Approved
300 MWe
GE Vernova Hitachi — BWRX-300 Service Centre Ontario — Phase 2
🇨🇦Canada
Planning
0 MWe
Fermi Energia BWRX-300 SMR Project — Estonia (two units)
🇪🇪Estonia
Planning
600 MWe
BWRX-300 — Alabama Power Site
🇺🇸United States
Planning
900 MWe
Blue Energy GE Vernova Hybrid Gas-Plus-Nuclear Plant
🇺🇸United States
Planning
2500 MWe
Bruce Power — CANDU Life Extension Programme Ontario
🇨🇦Canada
Under Construction
6300 MWe
BWRX-300 — Samsung C&T Global Markets Alliance
🇰🇷South Korea
Planning
1200 MWe
Elementl Power — Meigs County BWRX-300 SMR Project
🇺🇸United States
Planning
1500 MWe
BWRX-300 — Sweden Vattenfall / AFRY Programme
🇸🇪Sweden
Planning
300 MWe
BWRX-300 — Finland / Sweden Fortum Early Works
🇫🇮Finland
Planning
300 MWe
BWRX-300 UK GDA Step 2 Completed — Regulatory Milestone
🇬🇧United Kingdom
Planning
300 MWe
BWRX-300 — Lithuania Feasibility Assessment MOU
🌐Lithuania
Planning
300 MWe
Global Nuclear Fuel Americas — Wilmington NC BWR Fuel Rod Line
🇺🇸United States
Under Construction
0 MWe
Japan US BWRX-300 — $33B Natural Gas + $40B Nuclear Package
🇺🇸United States
Planning
3000 MWe
TerraPower Natrium — Kemmerer Power Station Unit 1 (Wyoming)
🇺🇸United States
Under Construction
345 MWe
US-Japan BWRX-300 — Tennessee and Alabama ($40 Billion)
🇺🇸United States
Planning
3000 MWe

SMR Brief Pro members also see:

  • Funding & Deals tracker entries: ████████
  • Analyst Notes: ████████
  • Risk Assessment: ████████
  • Related Regulatory Events: ████████
  • Opportunity Score: ████████
  • Related News: ████████

Get the full intelligence dossier on every SMR developer.

Track every SMR developer worldwide with SMR Brief Pro

See this in the dashboard →