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SVIK signs joint development agreement for 1.2 GW nuclear project in Sweden

SVIK signed a joint development agreement to advance a 1.2 GW nuclear project in Sweden using a phased, multi-unit approach and mature SMR technology, backed by a consortium and state support.

SVIK

A joint development agreement has been signed to advance a 1.2 GW nuclear project in Sweden. The plan uses a phased, multi-unit approach and mature SMR technology. The initiative is backed by a consortium and state support, with the developer saying it positions the project for long-term value creation.