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Two Billionaires Join Forces in Poland’s Nuclear Energy Push

Two Billionaires Join Forces in Poland’s Nuclear Energy Push, Bloomberg WealthBy Maciej Martewicz. 31 August 2021, ”’….. Michal Solowow, who controls chemicals producer Synthos SA, and Zygmunt Solorz, the main owner of media and telecommunications giant Cyfrowy Polsat SA, plan to build four to six nuclear reactors, each with a capacity of 300 megawatts. ……. Synthos’ green energy unit, which has exclusive rights in the country for GE Hitachi Nuclear Energy’s small nuclear reactors, will provide the technology, the companies said in a statement, without specifying the project’s timeline or cost.

…….. The companies said that their private project isn’t competing with the state’s plan to build as much as 9 gigawatts of nuclear power using large reactors of more than 1 gigawatt capacity each.

September 2, 2021 - Posted by | 2 WORLD, business and costs, politics

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