This particular reactor is already estimated at over 5 billion $ I think. That's a lot of money for just 300MW and it probably could end up being a wildly optimistic estimate as well. I think effectively much of the construction is still on site and not in a factory. Hence the need for a construction permit. So, you get all of the downsides of complex on site construction such as including high cost, permitting overhead, lots of bureaucracy, associated delays & uncertainty, etc. without the upside of actually delivering a lot of power like you would with a larger reaction. Calling it "modular" might be overstating things a bit.
Probably cheaper, faster, and easier to just plonk down 5GW of solar, wind, or battery (or combinations of those). Especially if you calculate in the 200-300% time and dollar budget that many nuclear projects seem to end up having. Maybe this one will be different. A lot of people have a lot riding on Nuclear projects breaking this trend. But then that has been the case for decades.