President Donald Trump and Japanese Prime Minister Sanae Takaichi are expected to announce a joint nuclear power project in the southern US, with GE Vernova and Hitachi set to build BWRX-300 small modular reactors in Tennessee and Alabama at a cost of up to $40 billion. A White House official said the initiative, tied to a bilateral investment fund under a trade pact, aims to stabilize electricity prices and strengthen US technological leadership amid AI-driven energy demand. While SMRs could su

2026-03-19

President Donald Trump and Japanese Prime Minister Sanae Takaichi are expected to announce a joint nuclear power project in the southern US, with GE Vernova and Hitachi set to build BWRX-300 small modular reactors in Tennessee and Alabama at a cost of up to $40 billion. A White House official said the initiative, tied to a bilateral investment fund under a trade pact, aims to stabilize electricity prices and strengthen US technological leadership amid AI-driven energy demand. While SMRs could support on-demand power and industrial growth, timelines remain unclear and no such reactors have yet been deployed on US grids.