Latest news with #Rolls-RoyceSMRs
CNBC
5 days ago
- Automotive
- CNBC
Rolls-Royce invests $75 million to expand South Carolina plant
British aerospace and defense company Rolls-Royce announced it is investing $75 million to expand its engine manufacturing facility in Aiken, South Carolina. The investment will boost output of mtu Series 4000 diesel engines, which are used in backup power systems for data centers and other critical infrastructures. "The increased investment strengthens our ability to serve our U.S. customers — especially in the fast-growing American data center industry," Adam Wood, managing director for Rolls-Royce's power systems division in America, said in a Tuesday press release. The company said the expansion will create 60 new jobs, increase capabilities and strengthen Rolls-Royce's U.S. industrial presence. The move also reflects Rolls-Royce's shift into energy and power systems, beyond its traditional aerospace focus. Rolls-Royce said it will machine additional mtu Series 4000 components in the U.S. as part of the investment. The company currently produces many the components in Germany and sends them to the U.S. as finished goods. "We are proud to support America's growing demand for reliable, domestically made energy systems that strengthen our nation's energy independence and security," said Adam Riddle, CEO for North America. This is the second major announcement in two days for the company. On Monday, the United Kingdom and Czech Republic announced a partnership to collaborate on small modular reactors, according to Reuters. Rolls-Royce SMRs could export up to six reactors to the Czech Republic under the deal. The South Carolina site is now set to become a hub in Rolls-Royce's North American power systems strategy. The first phase of the expansion will begin in the first quarter of 2026, and production will begin in July 2027.
Yahoo
03-03-2025
- Business
- Yahoo
Rolls-Royce selects Siemens Energy for SMR project
Energy technology firm Siemens Energy has been selected to support Rolls-Royce's small modular reactors (SMR) project. The agreement requires Siemens Energy to deliver steam turbines, generators and auxiliary systems for the UK manufacturer's Generation 3+ modular nuclear power plants. The agreement will be finalised by the close of 2025. According to Siemens Energy, the mini nuclear reactors' standardised concept allows them to be commissioned at a faster rate when compared with conventional power plants. The pressurised water reactors of Rolls-Royce SMR can achieve an electrical output of up to 470MW, enough to power 1.1 million homes. Each Rolls-Royce SMR is expected to generate 1358 megawatt hours (MWh), equal to 45,000 domestic boilers. A fleet of Rolls-Royce SMRs will contribute £54bn to the UK economy between 2025 and 2105. Siemens Energy has been a supplier and service provider of components for the "power island" - the non-nuclear part of the power plant - for decades. The company's solutions for nuclear power plants feature steam turbines and generators with outputs ranging from 20MW to 1,900MW, as well as operational control technology and control systems. Siemens Energy executive board member Karim Amin commented: "We are currently experiencing a global renaissance of nuclear energy. Numerous countries are turning to nuclear technology to produce low-emission electricity, and small modular reactors will play a key role in this. 'Siemens Energy brings decades of experience in conventional equipment, while Rolls-Royce has the necessary implementation expertise. This perfect symbiosis enables us to jointly shape the future of energy supply. We are very pleased to be working with Rolls-Royce SMR on this exciting project." Situated in 90 countries, Siemens Energy operates throughout the entire energy landscape. "Rolls-Royce selects Siemens Energy for SMR project" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
