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Live Updates  >  Live Update Details

2026-10-13 21:24:22

[Polish Billionaire and Solorz Family Join Forces Again to Advance Small Modular Nuclear Reactor Project] ⑴ Polish billionaire Michal Solowow and the Solorz family have agreed to jointly build a small modular nuclear reactor, marking their second attempt to collaborate on a nuclear energy project. ⑵ This move comes as Poland undertakes to upgrade its aging power infrastructure. ⑶ According to regulatory filings, Solowow's company, SGE SA, signed an agreement with ZE PAK SA to finalize details of their future cooperation in the construction and operation of the small modular nuclear reactor. ⑷ Solowow holds the exclusive marketing rights to GE Vernova Hitachi's BWRX-300 reactor and will hold a majority stake in the newly formed joint venture. ⑸ Poland is investing heavily in upgrading its power system, replacing coal-fired power plants with increased renewable energy and gas-fired generators. ⑹ Currently, coal-fired power still accounts for more than half of the country's total electricity generation. ⑺ In addition to the small modular nuclear reactor, Poland also plans to build its first large-scale nuclear power plant by 2036. (8) Going forward, attention should be paid to the specific structure of the joint venture, the progress of regulatory approvals, and the pace of Poland's power structure transformation.

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