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GE Vernova Hitachi Nuclear Energy

BWRX-300 boiling water SMR

Ranked #1 in Best Small Modular Reactor Companies.

GE Vernova Hitachi Nuclear Energy, a joint venture of GE Vernova and Hitachi based in Wilmington, North Carolina, designs the BWRX-300, a 300-megawatt boiling water SMR. Canada's regulator licensed construction of the first unit at Ontario Power Generation's Darlington site in April 2025, and the US NRC issued a construction permit for TVA's Clinch River unit in September 2026.

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At a glance

Price fromCustom
Best forUtilities that want an SMR already licensed for construction

From GE Vernova Hitachi Nuclear Energy's own website.

What stands out

  • Licensed for construction in Canada and the US
  • Builds on proven boiling water reactor technology

Worth knowing

  • First units not yet operating
  • Costs of first plants still unproven

How it ranks

GE Vernova Hitachi Nuclear Energy is ranked 1st of 10 in Best Small Modular Reactor Companies (Lister Score 97.2).

#1 in Best Small Modular Reactor Companies · Lister Score 97.2

The NRC issued TVA a construction permit for a BWRX-300 at Clinch River, Tennessee on 29 September 2026..

RankBest Small Modular Reactor CompaniesScore
1GE Vernova Hitachi Nuclear Energy97.2
2NuScale Power95.9
3TerraPower94.8
4Rolls-Royce SMR93.6
5Kairos Power92.3
6X-energy91.0
7Holtec International89.7
8Oklo88.3
9Westinghouse86.9
10Aalo Atomics85.4

Frequently asked questions

How does GE Vernova Hitachi Nuclear Energy rank on Lister?

GE Vernova Hitachi Nuclear Energy is ranked 1st of 10 in Best Small Modular Reactor Companies (Lister Score 97.2).

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#1 in Best Small Modular Reactor Companies
RANKED #1 ON LISTERBest Small Modular Reactor Companies