The Japan-based conglomerate company, Hitachi, and US-based General Electric are set to collaborate to create a new type of nuclear power plant with small modular reactors according to sources, The Japan Times reports.
It is thought that the two firms hope to commercialize the reactors in order enable it to be cheaper to produce and safer to operate by the 2030s.
Since the 2011 Fukushima crisis, Hitachi has been trying to expand its nuclear plant business abroad.
