Programmes and agreements / prg-us-japan-gvh-bwrx300-tennessee-alabama
US–Japan strategic investment in GE Vernova Hitachi BWRX-300 SMRs in Tennessee and Alabama (up to $40 billion)
The US Department of Commerce announced in March 2026, under the US–Japan strategic investment initiative, a deal of up to $40 billion for GE Vernova Hitachi BWRX-300 SMRs totalling 3 GW in Tennessee and Alabama. No sites were identified, in August 2026 TVA said it was in discussions with GE Vernova Hitachi about placing multiple BWRX-300 units at its Bellefonte site but had made no decision. It is not an order, site selection or licence application.
- Type
- Intergovernmental agreement
- Countries concerned
- United States
- Participants and roles
- Government: U.S. Department of Commerce
- Government: Government of Japan
- Developer or vendor: GE Vernova Hitachi Nuclear Energy
- Utility: Tennessee Valley Authority
- Designs named
- BWRX-300
- Scale as stated
- BWRX-300 SMRs in Tennessee and Alabama, capacity 3 GW (basis not stated), cost up to $40 billion
- Announced or first reported
- 20 Mar 2026
- Status
- Active
Investment announcement under the US-Japan trade deal, no site named by the Commerce fact sheet. TVA said in August 2026 it is in discussions with GVH about multiple BWRX-300 units at Bellefonte but… - Confidence
- medium
- Last checked
- 2026-10-14 (record review date, not proof of current activity)
Related deployment projects
- No related deployment project is recorded here.
Sources
- Fact Sheet: New Energy Projects from U.S. - Japan Trade Deal (government_primary, published 20 Mar 2026, accessed 2026-10-14)
- New U.S. BWRX-300 projects get Japanese investment (reputable_press, published 25 Mar 2026, accessed 2026-10-14)
- US And Japan Announce $40 Billion Deal For Small Modular Reactors In Tennessee And Alabama (reputable_press, published 20 Mar 2026, accessed 2026-10-14)
- TVA preserving Bellefonte plant for future use as nuclear development negotiations quicken pace (directory_or_aggregator, published 11 Aug 2026, accessed 2026-10-14)
- New Nuclear Reactors Planned for North Alabama Under $40 Billion U.S.–Japan Deal (directory_or_aggregator, published 25 Mar 2026, accessed 2026-10-14)