As Poland Exits Coal, a Billionaire Offers First Nuclear Plant
- Solowow’s Synthos mulls small nuclear plant for rubber factory
- Government efforts to build nuclear plants have been delayed
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Poland’s second-richest man may beat the government in building the nation’s first nuclear power plant.
Michal Solowow’s Synthos SA, the second-largest European maker of synthetic rubber, signed a memorandum with GE Hitachi Nuclear Energy to build a small 300-megawatt reactor next to the company’s factory in southern Poland, which could be completed as early as 2027. That’s six years earlier than the government expects to build its first plant in a plan to construct at least 6 gigawatts of nuclear and cut the nation’s reliance on coal for electricity generation.