The Turkish nuclear technology company, Nuclean and the Canada-based investment company Portland Holdings signed a memorandum of understanding (MoU) to support the development of Türkiye's nuclear energy ecosystem with the contribution of the Nuclear Industry Association of Türkiye (NIATR), according to a report on Thursday.

According to the statement made by the association, the letter of intent focused on next-generation nuclear technologies and small modular reactors (SMRs) provides a strategic framework for long-term collaborations that will strengthen Türkiye's nuclear energy ecosystem.

The signing ceremony was attended by NIATR President Alikaan Çiftçi and the chief operating officer at Portland Holdings, Rogerio Tippe.

The cooperation, which brings together Canada's advanced nuclear ecosystem and Türkiye's growing nuclear energy vision, would cover dialogue for human resource development and education, technological collaboration and awareness enhancement, industrial participation, local supply chain development, necessary approvals, and potential investment and financing opportunities, subject to future agreements.

Canada's ecosystem to open up to the Turkish industry