Home/SMR Projects

BWRX-300 — Finland / Sweden Fortum Early Works

Developer
GE Vernova Hitachi Nuclear Energy / Fortum
Capacity
300 MWe
Last updated
5/17/2026

Project overview

Reactor type
BWR
Announced
7/1/2025
Projected operational
12/31/2035

Notes

GE Vernova Hitachi and Finnish-Swedish utility Fortum entered into an early works agreement on July 1, 2025 to advance potential deployment of the BWRX-300 in Finland and Sweden. Fortum is one of the largest Nordic utilities with nuclear plants in both Finland (Loviisa) and Sweden. The early works agreement covers site assessment, regulatory strategy, and pre-FEED activities. Finland is already home to the world's first EPR (Olkiluoto 3) and has strong nuclear expertise, making it an ideal early market for BWRX-300 deployment in Scandinavia.

SMR Brief Pro members also see:

  • Risk Score: ████████
  • Opportunity Score: ████████
  • Score Rationale: ████████
  • Analyst Notes: ████████
  • Related News: ████████
  • Related Companies: ████████
  • Related Deals: ████████

Get the full intelligence dossier on every SMR project.

Track every SMR project worldwide with SMR Brief Pro