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Stay up to date with the latest Business updates from the global nuclear engineering international industryLatest Business Update
South Korea’s Hyundai Engineering & Construction (HEC) has signed...
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ComEd and Constellation sign carbon-free energy matching agreement
US utility Commonwealth Edison (ComEd – part of Exelon) and Constellation have announced an agreement that will help ComEd power all of its 54 offices and metered facilities with...
South Korea offers government support to nuclear companies
South Korea’s government will offer a comprehensive support programme valued at up to KRW400m ($300,639) a year to local nuclear companies, with the aim of encouraging 60 new...
ENEC to co-operate with OSGE on SMRs
The UAE’s Emirates Nuclear Energy Corporation (ENEC) and Poland’s Orlen Synthos Green Energy (OSGE) have signed a Memorandum of Understanding (MOU) to co-operate in the development...
Chubu Electric to invest in NuScale
Japan’s Chubu Electric Power Co has decided to invest in US NuScale Power and has agreed to acquire issued shares in NuScale from Japan Bank for International Cooperation (JBIC)....
Hatch and Tractebel to collaborate on nuclear development
Canadian engineering & consultancy company Hatch and Belgium-based Tractebel (part of France’s Engie) have signed a cooperation agreement to deliver professional services to promote...
Oklo and Centrus strengthen cooperation on advanced reactors and fuel
US-based fission technology company Oklo has signed a Memorandum of Understanding (MOU) with Centrus Energy Corp to support deployment of Oklo’s advanced Aurora fission powerhouses...
Korean organisations establish Nuclear Heat Utilisation Council
The Nuclear Heat Utilisation Council has been set up by 13 South Korean organisations to create a new nuclear process heat business.
newcleo aquires nuclear pump Rütschi Group
newcleo has announced an agreement to purchase the shares of nuclear pumps group Pompes Rütschi SAS and Rütschi Fluid AG. The deal, for EUR68.9mn transferred ownership from Gruppo...
India and France strengthen defence and security partnership, including nuclear
India and France have agreed to strengthen their defence and security partnership following Indian Prime Minister Narendra Modi's visit to France at the invitation of French...
Oklo announces merger with acquisition company AltC
US-based fission technology company Oklo is to merge with AltC. Oklo said in a statement it believed roughly 40% of the Fortune 500 companies are committed to an emissions-free...
Bulgaria and Ukraine agree to energy co-operation
Bulgarian Energy Minister Rumen Radev and Ukrainian Energy Minister Herman Halushchenko signed a memorandum of understanding (MOU) on cooperation in the field of energy during...
Russia and Myanmar expand nuclear cooperation
A Rosatom delegation, led by Deputy Director General Nikolay Spassky, is on a working visit to Myanmar to evaluate the initial results of a nuclear energy cooperation agreement signed...
China’s Sanmen NPP to supply steam for industry
China’s Sanmen NPP in Zhejiang province is to supply steam to the Rongsheng Taizhou New Material project with an annual output of 10m tonnes. The agreement was signed by China...
KHNP and VinAtom to collaborate on nuclear development
Korea Hydro & Nuclear Power (KHNP) has signed a memorandum of understanding with the Vietnam Atomic Energy Institute (VinAtom) in Hanoi to boost nuclear cooperation including on...
US reaffirms support for Indian membership of Nuclear Suppliers Group
The US reaffirmed its support for Indian membership of the Nuclear Suppliers Group (NSG) during a state visit to Washington by Prime Minister Narendra Modi. A joint statement by Modi...
Nuclear engineering alliance formed to support EDF's European projects
Spanish, French and Slovakian engineering firms IDOM, Assystem and VUJE have set up the NUClear Engineering Alliance (NUCEAL) to support the development of EDF’s projects in the...
KHNP seeks nuclear power cooperation with Netherlands
Korea Hydro & Nuclear Power (KHNP) and the Korea Nuclear Association (KNA) jointly organised an event at the Intercontinental Amstel Hotel in the Netherlands recently, with the aim...
Nuclear partnership included in US-UK Declaration
Following a visit to Washington by UK Prime Minister Rishi Sunak for talks with US President Joe Biden an Atlantic Declaration for a US-UK Economic Partnership was announced, widely...
Fortum and Westinghouse to investigate new nuclear in Finland and Sweden
Finland-based Fortum and US Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) to explore the possible development and deployment of new nuclear in Finland...
