R9-billion nuclear reactor for SA…

BizNews Radio

A landmark agreement has been signed for a R9 billion innovative nuclear reactor in South Africa. In this conversation with BizNews, the partners to that agreement Stephen Edkins and Warren La Fleur of Koya Capital and Dr. Kelvin Kemm of Stratek Global, share the details and provide a timeline. The First of a Kind (FOAK) Small Modular Reactor (SMR) will have the capacity to generate 100MW of heat and 35MW of electricity. It is expected to break ground before the end of the year. Apart from the South African market, there's been “a lot of interest” in the venture, not only from African countries, but from countries like Australia, Canada, Indonesia, and the Middle East.