US Pins Africa Nuclear Win on Technology as Ghana Weighs Options

The US beat out Russia last month to build Ghana’s first small modular nuclear reactor, in a deal Washington sees as prizing its technology over cheaper financing even as the West African nation keeps future options open.

An agreement between Nuclear Power Ghana and Regnum Technology Group that uses NuScale Power LLC technology defeated rivals including Russia’s state-owned nuclear company Rosatom Corp.

The US is “cognizant of the financing challenge that Western technology faces in comparison to the Rosatom value proposition,” Joshua Volz, a Department of Energy official said in a Sept. 7 interview in Cape Town.

“Our ...