Laurentis Energy Partners to support Synthos Green Energy and Small Modular Reactor opportunities in Poland

Based in Canada and with operations in Europe, Laurentis is a wholly-owned commercial subsidiary of Ontario Power Generation (OPG) and a full-scale SMR service provider. It offers expertise on the full development lifecycle of nuclear facilities, ranging from feasibility and planning through construction, commissioning, and operations.

Synthos Green Energy, together with its partner PKN ORLEN S.A., the largest multi-energy company in Central Europe, has established the joint venture (JV) company ORLEN Synthos Green Energy or OSGE. Together, the JV plans to deploy a fleet of GE Hitachi BWRX-300 SMRs in Poland, targeting the first to be in operation by the end of this decade.

Quotes

“This agreement is proof the world is looking to Ontario as a leader in clean energy and new nuclear technologies – like SMRs – that can provide tremendous economic and environmental opportunities,” said Todd Smith, Ontario’s Minister of Energy. “I congratulate Laurentis and Synthos Green Energy on pursuing global development and energy security in Poland.”

“Based on Ontario’s experience with the BWRX-300 project to date, Laurentis is well positioned to provide expertise and support for SMR development in Poland,” said Dominique Minière, President of Laurentis Energy Partners.

“The fact that the BWRX-300 technology has been chosen by experienced utilities from Canada – the country with decades of experience in nuclear business – confirms that we have made the right decisions and that we are on the right track,” said Rafał Kasprów, CEO of Synthos Green Energy. “Working with Canadian entities, such as Laurentis Energy Partners, will allow us to learn from the first planned BWRX-300 deployments in the world, to accelerate project development in Poland.”

Quick facts

• Synthos Green Energy is a part of the largest private industrial group in Central and Eastern Europe, operating in several countries.
• Laurentis’s parent company, OPG, announced in December 2021 that it would work with GE Hitachi Nuclear Energy to deploy a BWRX-300 SMR at the Darlington new nuclear site – the only site in Canada currently licensed for a new nuclear build – with the mutual goal of constructing Canada’s first commercial, grid-scale SMR as early as 2028.
• Also in December 2021, GE Hitachi Nuclear Energy, BWXT Canada, and Synthos Green Energy announced the intention to support the deployment of SMRs in Poland, potentially creating hundreds of new jobs in Ontario.
• In 2022, Synthos Green Energy and PKN ORLEN established the JV – ORLEN Synthos Green Energy to deploy a fleet of GEH BWRX-300 SMRs.

About Laurentis Energy Partners
Laurentis Energy Partners, a subsidiary of Ontario Power Generation, provides solutions for customers across energy markets and in health care around the world, offering expertise in inspections, refurbishment and engineering, nuclear materials sorting and recycling, the production of nuclear isotopes, and the advancement of small modular reactors. Laurentis has offices in the Greater Toronto Area, Hamilton and Bruce County in Ontario, Saint John in New Brunswick, and Bucharest and Cernavoda in Romania.

About Synthos Green Energy
Synthos Green Energy (SGE) has been established to develop and implement zero-emission technologies and electricity production from renewable sources. The company is interested in obtaining affordable, on-demand, carbon-free electricity from a dependable, dedicated source. SGE is a part of the biggest private industrial group owned by Michał Sołowow, a leading Polish private investor and industrialist.