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NuScale SMR approved by US authorities

The Voyager-12 SMR(Small Modular Reactor) plant from NuScale Power can generate 924 MWe on just 0.05 square miles (= 0.13 sq km approximately), compared to 94 square miles(=322 sq km) for wind and 17 square miles (=58 sq km) for solar. This makes it an ideal renewable energy option for generating carbon-free power in locations with space constraints, such as retired coal plant sites. This SMR’s always-on capabilities also make it an attractive option as an emergency power source. It can generate power continuously without new fuel for 12 years.

Up to 95% project finance in the form of equity and quasi-equity can be arranged for such SMR plants or any other energy projects by G64 Group.

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