Particle.news
Download on the App Store

Romania Advances First European NuScale SMR Plant, With Financing Still to Secure

The company has yet to deliver a commercial reactor, leaving execution as the central test.

Overview

  • RoPower decided to proceed with a Romanian plant that would link six NuScale small modular reactors, positioning it as the technology’s first European deployment.
  • RoPower must still line up funding for the project, a process the report says could take six months or longer before construction can move forward.
  • NuScale’s current revenues largely come from services provided to Fluor, with the company acting as a consultant to help validate the Romanian project.
  • NuScale has not yet built or sold a reactor for commercial use, and proving the first unit and scaling manufacturing remain critical hurdles.
  • The company reported about $1.3 billion in liquidity at the end of 2025, yet the article cautions that profitability likely remains distant and the stock suits only aggressive investors.