Orlen Synthos Green Energy Sp Z O O
Orlen Synthos Green Energy is a Polish nuclear joint venture between ORLEN and Synthos Green Energy deploying GE Vernova Hitachi BWRX-300 small modular reactors. The company targets industrial enterprises, district heating operators, and Polish power grid customers with planned fleet of up to 26 SMR units across six locations.
- Company typePrivate
- Founded2022
- HeadquartersWarszawa, Poland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Orlen Synthos Green Energy Sp Z O O does
Orlen Synthos Green Energy sp. z o.o. (OSGE) is a Polish nuclear energy joint venture established in June 2022 between ORLEN S.A. and Synthos Green Energy S.A. (each holding 50%), developing a fleet of up to 26 GE Vernova Hitachi BWRX-300 small modular reactors across six Polish locations with the first unit targeted for 2032 in Włocławek. The company's core product is the BWRX-300, a 300 MWe water-cooled, natural circulation SMR with passive safety systems enabling self-cooling for a minimum of 7 days without power or operator intervention; the design leverages the licensed ESBWR licensing basis and uses GNF2 nuclear fuel already in serial production.
OSGE serves three primary customer segments: the Polish power grid and electricity sector (baseload replacement for decommissioned coal capacity), large industrial enterprises requiring stable zero-emission power (with dedicated SMR plants adjacent to manufacturing sites), and district heating operators seeking to decarbonize municipal heat networks. The company also signals emerging demand from data centers via a partnership with the Polish Data Center Association. Offtake commitments include a cooperation agreement with the City of Włocławek (up to 6 reactors), partnership with ARP for the Stalowa Wola Strategic Investment Park (~1,000-hectare industrial zone), and an EU-first Contract for Difference application covering 14 units across three locations.
OSGE's business model is pre-revenue project development with revenue mechanics structured around long-term electricity and heat sales contracts, government-backed Contracts for Difference, and enterprise power supply agreements. Distribution is direct enterprise sales to industrial and municipal customers with multi-year cycles involving regulatory approvals, environmental assessments, and government support mechanisms. The company has assembled an ecosystem of partners spanning technology (GE Vernova Hitachi, Hitachi), construction (Aecon, AtkinsRéalis), fuel cycle (Orano), operator training (Laurentis Energy Partners, OPG), and financing (potential US EXIM/DFC support up to $4 billion, plus four Polish banks). Headcount stands at 80+ specialists, and the company is funded through its parent shareholders without external equity rounds.
Orlen Synthos Green Energy Sp Z O O firmographics
Firmographics- Name
- Orlen Synthos Green Energy Sp Z O O
- Legal name
- ORLEN SYNTHOS GREEN ENERGY SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
- Website
- https://osge.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Orlen Synthos Green Energy is a Polish nuclear joint venture between ORLEN and Synthos Green Energy deploying GE Vernova Hitachi BWRX-300 small modular reactors. The company targets industrial enterprises, district heating operators, and Polish power grid customers with planned fleet of up to 26 SMR units across six locations.
- Ownership category
- akta.pro rank
Orlen Synthos Green Energy Sp Z O O industry classification
Industry- Product category
- Nuclear Power Generation (Small Modular Reactor Deployment)
- NAICS
- Nuclear Electric Power Generation (221113)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Boiling Water Reactor (BWR) Power Generation (EUACADAB)
- akta.pro secondary industries
- Gen III/III+ Reactor Systems & Components (EUAKADAB), Reactor Protection, Safety Systems & Engineered Safeguards (ECCS, Containment Isolation) (EUAKADAI)
Keywords
Where Orlen Synthos Green Energy Sp Z O O is headquartered
LocationHeadquarters
- HQ city
- Warszawa
- HQ country
- Poland
- HQ region
- Europe
Offices3 records
Markets served
Orlen Synthos Green Energy Sp Z O O business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Supply Chain, Personnel, Operations
Revenue model
- Electricity Generation and Sales: OSGE will generate and sell zero-emission electricity from BWRX-300 reactors to the power grid, industrial customers, and district heating systems. Revenue derived from electricity sales contracts, feed-in mechanisms, and potential contracts for difference with government support.
- District Heating Supply: SMRs provide heat to municipal district heating networks, enabling decarbonization of heating systems. Revenue from heat sales to municipalities.
- Industrial Power Supply Contracts: Direct supply agreements with large industrial facilities located near SMR plants, providing stable zero-emission power for competitive industrial operations.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Orlen Synthos Green Energy Sp Z O O product offering
Product offeringCore offering
OSGE develops, deploys, and will operate a fleet of GE Vernova Hitachi BWRX-300 Small Modular Reactors in Poland to generate zero-emission baseload electricity, supply industrial power to large enterprises, and provide decarbonized heat to municipal district heating systems. The BWRX-300 is a 300 MWe water-cooled, natural-circulation reactor with passive safety systems, designed to replace decommissioned coal-fired capacity and support industrial competitiveness. The company is implementing a program to build up to 26 reactor units across multiple Polish locations, with the first commercial unit targeted for 2032.
Product overview
Orlen Synthos Green Energy (OSGE) is implementing a fleet deployment program for Small Modular Reactors (SMRs) based on the GE Vernova Hitachi BWRX-300 technology. The core product is the BWRX-300, a 300 MWe water-cooled natural circulation SMR with passive safety systems. The company's offering centers on building multiple reactor units across Poland to provide baseload electricity, industrial power supply, and district heating. The BWRX-300 leverages the 10th generation of BWR technology, building on decades of proven GE-Hitachi reactor experience. OSGE's fleet program targets multiple locations throughout Poland with plans for up to 26 units, with the first commercial unit targeted for 2032 in Włocławek.
Differentiator
Problem solved
Functional benefit
Products and services
- BWRX-300 Small Modular Reactor The BWRX-300 is a 300 MWe water-cooled, natural-circulation Small Modular Reactor with passive safety systems, the 10th generation of GE Hitachi BWR technology. It enables stable baseload electricity and heat generation for municipalities, industrial off-takers, and district heating networks.
- SMR Fleet Deployment Program A program to deploy up to 26 BWRX-300 reactors across six Polish locations (Włocławek, Stawy Monowskie, Stalowa Wola, Ostrołęka, Dąbrowa Górnicza, Kraków-Nowa Huta) to deliver zero-emission baseload electricity and heat. The first commercial unit is targeted for 2032 in Włocławek.
- District Heating Solutions BWRX-300-based supply of heat to municipal district heating networks, enabling decarbonized, low-cost heat delivery for municipal residents and industrial users.
Quantifiable outcome
- 60% lower capital cost per MW compared to typical water-cooled SMR
- +5 more outcomes
Companies that use Orlen Synthos Green Energy Sp Z O O
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Orlen Synthos Green Energy Sp Z O O technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Orlen Synthos Green Energy Sp Z O O partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered major, minor and core.
- Miasto Włocławek (City of Włocławek)majorCooperation agreement for construction of up to 6 BWRX-300 reactors. Joint communication, education, and information exchange. Local information center planned.
- Akademia Sztuki Wojennej (War Studies University)majorCooperation for workforce development for SMR fleet construction and operation. Support for military security perspective on nuclear energy. Education and public information on SMRs.
- Agencja Rozwoju Przemysłu S.A. (ARP)majorIndustrial development agency managing Tarnobrzeska Special Economic Zone Euro-Park Wisłosan. Letter of intent for OSGE investment in Stalowa Wola Strategic Investment Park. ARP potentially as investor in special purpose vehicle.
- Łukasiewicz Research NetworkmajorPartnership to establish Nuclear Energy Training Center at Łukasiewicz-Instytut Elektrotechniki in Warsaw Wawer. Seven cooperation areas including R&D, commercialization, simulator development, and workforce certification.
- Orano GroupmajorFramework agreements for nuclear fuel cycle support for SMR fleet in Central-Eastern Europe. Part of European supply chain development.
- Polish Data Center Association (PLDCA)minorWorking group established for cooperation between data center industry and SMR sector. OSGE and PLDCA creating joint working group for energy supply.
- Ontario Power Generation (OPG)coreCanadian utility building first BWRX-300 at Darlington. Letter of intent for services to OSGE including operator competency building. Sharing experience from first deployment.
- Laurentis Energy PartnerscoreOPG subsidiary supporting OSGE with Preliminary Safety Report (PSAR) preparation for first EU BWRX-300. Leveraging Canadian deployment experience. Contract for nearly two years of work across four locations.
- Hitachi GroupmajorStrategic cooperation in IT, engineering services, and grid connections for SMR fleet. Hitachi Europe implementing solutions for Polish and European SMR market.
- Aecon and AtkinsRéaliscoreConstruction partners responsible for first BWRX-300 in Canada. Agreements with OSGE for Polish deployment leveraging Canadian first-of-a-kind experience.
- nucleareuropeminorOSGE joined European Industry Alliance on SMRs and nucleareurope association representing over 3,000 nuclear industry entities.
- Rumina VelshimajorFormer President and CEO of Canadian Nuclear Safety Commission (CNSC) as advisor to OSGE Management Board. Strategic advisory on nuclear regulation and deployment.
- Emirates Nuclear Energy Corporation (ENEC)minorCooperation on SMR development announced in London. Technology and deployment experience sharing.
- Laurentis Energy PartnerscoreMaster Services Agreement for SMR development and deployment support in Poland. Part of OPG ecosystem.
- GE Vernova Hitachi Nuclear Energy (GEH/GVH)coreTechnology provider for BWRX-300 SMR. OSGE selected GE Hitachi as technology vendor because BWRX-300 is the world's most advanced and proven SMR technology. Poland Generic Design Agreement signed February 2026 for adaptation to Polish regulations.
Scale indicators8 records
Recent moves8 records
Expansion highlights7 records
Orlen Synthos Green Energy Sp Z O O competitors and assessment
Company assessmentEmerging players
- Terrestrial Energy: Canadian molten salt reactor (IMSR) developer pursuing industrial and district-heat SMR markets; an emerging alternative reactor technology competing for European industrial heat decarbonization contracts overlapping OSGE's district heating pitch.
Broad incumbents
- GE Hitachi Nuclear Energy: Core technology vendor for OSGE and developer-owner of the BWRX-300 design, fuel, and safety software; comparable as the incumbent provider of the underlying reactor technology upon which OSGE's entire deployment program is built.
- Westinghouse Electric Company: Global nuclear OEM offering the AP1000 and developing an SMR (AP300) for industrial and utility customers; overlaps with OSGE's baseload and industrial deployment categories as a broad incumbent nuclear player expanding into the SMR segment.
Direct peers
- Tennessee Valley Authority: US public utility evaluating the BWRX-300 for the Clinch River site and listed as a strategic partner on the OSGE website; pursues the same reactor design as OSGE, making it a direct fleet-builder peer.
- Rolls-Royce SMR: UK-based SMR developer with strong government backing pursuing a fleet program of 470 MWe PWR-class SMRs; directly comparable in scope (fleet deployment, state-supported financing, European baseload replacement) to OSGE's Polish BWRX-300 program.
- X-energy: US developer of the Xe-100 high-temperature gas-cooled SMR; pursued for industrial decarbonization and data center power, overlapping with OSGE's industrial and cogeneration use cases, and competing for similar European industrial off-takers.
- NuScale Power: American SMR developer whose 77 MWe VOYGR module is the only SMR with full US NRC design certification; targets industrial, data center, and utility customers, overlapping OSGE's segment focus and competing head-to-head for European SMR projects.
- Last Energy: US/Polish-affiliated developer of small 20 MWe microreactors targeting European industrial sites and district heating; directly overlaps OSGE's European industrial SMR deployment thesis and pursues Polish and Central European customers.
- Holtec International: US-headquartered developer of the SMR-160, a 160 MWe pressurized light-water SMR; competes with OSGE in the European SMR market for industrial, district heat, and baseload applications and pursues a similar fleet deployment strategy.
- Ontario Power Generation: Canadian utility taking Final Investment Decision in April 2025 on the world's first commercial BWRX-300 at Darlington; sharing operator competency and PSAR experience with OSGE under a 2024 letter of intent and Laurentis master services agreement, making it the most directly comparable SMR deployment project in the OSGE ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Orlen Synthos Green Energy Sp Z O O social profiles
Digital presenceOrlen Synthos Green Energy Sp Z O O financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orlen Synthos Green Energy Sp Z O O leadership team
Management profileNumber of profiles
Profiles7 records
Orlen Synthos Green Energy Sp Z O O subsidiaries and ownership
Company hierarchySubsidiaries2 records
Orlen Synthos Green Energy Sp Z O O funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orlen Synthos Green Energy Sp Z O O M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orlen Synthos Green Energy Sp Z O O
What does Orlen Synthos Green Energy Sp Z O O do?
OSGE develops, deploys, and will operate a fleet of GE Vernova Hitachi BWRX-300 Small Modular Reactors in Poland to generate zero-emission baseload electricity, supply industrial power to large enterprises, and provide decarbonized heat to municipal district heating systems. The BWRX-300 is a 300 MWe water-cooled, natural-circulation reactor with passive safety systems, designed to replace decommissioned coal-fired capacity and support industrial competitiveness. The company is implementing a program to build up to 26 reactor units across multiple Polish locations, with the first commercial unit targeted for 2032.
Is Orlen Synthos Green Energy Sp Z O O a public or private company?
Orlen Synthos Green Energy Sp Z O O is a private company. It is classified as corporate owned and is currently operating.
When was Orlen Synthos Green Energy Sp Z O O founded?
Orlen Synthos Green Energy Sp Z O O was founded in 2022. It employs 11 to 50 people.
Where is Orlen Synthos Green Energy Sp Z O O based?
Orlen Synthos Green Energy Sp Z O O is headquartered in Warszawa, Poland, in the Europe region.
How does Orlen Synthos Green Energy Sp Z O O make money?
Three revenue lines are on record. Electricity Generation and Sales are the primary driver. The others are district Heating Supply and industrial Power Supply Contracts.
Who are Orlen Synthos Green Energy Sp Z O O's main competitors?
Terrestrial Energy is listed as an emerging player. Broad incumbents are GE Hitachi Nuclear Energy and Westinghouse Electric Company. Direct peers are Tennessee Valley Authority, Rolls-Royce SMR, X-energy, NuScale Power, Last Energy, Holtec International and Ontario Power Generation.
Does Orlen Synthos Green Energy Sp Z O O have an API?
No public API is recorded for Orlen Synthos Green Energy Sp Z O O.
What industry is Orlen Synthos Green Energy Sp Z O O in?
Orlen Synthos Green Energy Sp Z O O's product category is Nuclear Power Generation (Small Modular Reactor Deployment). Its primary akta.pro industry code is EUACADAB, Boiling Water Reactor (BWR) Power Generation, with a secondary code of EUAKADAB, Gen III/III+ Reactor Systems & Components. Its NAICS code is 221113 and its SIC code is 4991.