Surbana Jurong and Hyundai partner to develop Small Modular Reactors

They will also explore projects focused on renewable energy.

Surbana Jurong and Hyundai Engineering & Construction (HDEC) have partnered to explore opportunities in renewable energy, construction technology, and infrastructure development for Small Modular Reactors (SMR).

Under the Memorandum of Understanding (MOU), the parties will collaborate in four areas: exploration of potential projects, research and development, infrastructure technology, and SMR.

The research and development component will prioritise low-carbon business models and construction innovations, such as Carbon Capture and Storage (CCS) and Prefabricated Prefinished Volumetric Construction (PPVC).

On the exploration front, HDEC and Surbana Jurong will jointly explore potential projects focused on renewable energy and infrastructure development.