business / news / / The Guardian
Rolls-Royce has secured up to £599m from Britain’s national wealth fund.
Rolls-Royce has secured up to £599m from the UK's national wealth fund for SMR development.
KEY POINTS
- The funding will support SMR design and deployment at the Wylfa site, recently acquired from Hitachi.
- A contract between Rolls-Royce SMR and Great British Energy–Nuclear allows immediate work on SMRs.
- Rolls-Royce SMR technology is also planned for installation at Temelín in the Czech Republic.
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Summarized by Newsio from The Guardian. How we summarize →