10 hours ago
GE Vernova to Build Service Center for Small Reactors in Ontario
Ontario will have the world's first service center for a new, smaller kind of nuclear plant, as the province embraces a technology that's been touted as a way to meet surging power demand from artificial intelligence.
GE Vernova Hitachi Nuclear Energy has committed C$70 million ($51 million) to build an engineering and service center outside Toronto for small modular reactors. The announcement comes less than two months after Ontario gave the green light to a C$20.9 billion project to build such reactors.
