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Latest Business Update

Hyundai signs agreements in Poland to access nuclear and infrastructure markets
20 September, 2023
South Korea’s Hyundai Engineering & Construction (HEC) has signed...
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ComEd and Constellation sign carbon-free energy matching agreement
Tuesday, September 19, 2023 by 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
Wednesday, September 13, 2023 by 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
Tuesday, September 12, 2023 by 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
Tuesday, September 12, 2023 by 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
Friday, September 01, 2023 by 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
Thursday, August 31, 2023 by 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
Wednesday, August 16, 2023 by 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
Thursday, August 10, 2023 by 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
Wednesday, July 19, 2023 by 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
Thursday, July 13, 2023 by 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
Wednesday, July 12, 2023 by 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
Tuesday, July 04, 2023 by 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
Friday, June 30, 2023 by 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
Wednesday, June 28, 2023 by 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
Tuesday, June 27, 2023 by 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
Thursday, June 22, 2023 by 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
Wednesday, June 14, 2023 by 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
Tuesday, June 13, 2023 by 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
Monday, June 12, 2023 by 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...

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