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Latest Business Update

Cavendish Nuclear and X-energy collaborate on HTGRs in the UK
13 May, 2022
Cavendish Nuclear, part of Babcock International Group, has signed...
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Framatome acquires EFINOR energy and defence subsidiaries
Thursday, May 12, 2022 by Framatome has announced the acquisition of the energy and defence subsidiaries of the EFINOR group, operating in the nuclear energy and naval defence sectors in France and the UK....

Spring Valley shareholders approve business combination with NuScale
Tuesday, May 03, 2022 by US-based Spring Valley Acquisition Corp, a publicly-traded special purpose acquisition company, announced on 28 April that in a special meeting its shareholders had voted to approve...

Westinghouse to acquire BHI Energy
Thursday, April 21, 2022 by US-based Westinghouse Electric Company has signed a definitive agreement to acquire BHI Energy. Incorporating BHI’s service quality and customer partnerships, Westinghouse “will...

DOE seeks applications for $6 billion programme to support NPPs
Thursday, April 21, 2022 by The US Department of Energy (DOE) has announced plans to seek applications and sealed bid submissions under a $6 billion Civil Nuclear Credit Program (CNC) to support the...

Agreement signed to launch nuclear heating project in China’s Liaoning province
Thursday, March 17, 2022 by China’s State Power Investment Northeast Electric Power Company and Liaoning Hongyanhe Nuclear Power Company (LHNPC) on 9 March signed a cooperation agreement on the...

IAEA and EU discuss strategic security and other issues
Thursday, March 17, 2022 by The International Atomic Energy Agency (IAEA) said on 15 March that senior officials of the IAEA and the European Union (EU) had held discussed a number of strategic issues during...

Ukraine agrees to construct Westinghouse AP1000 reactors
Thursday, September 02, 2021 by US-based Westinghouse Electric Company and Ukrainian nuclear utility Energoatom on 31 August signed an exclusive agreement to bring Westinghouse AP1000 reactors to multiple sites...

EDF completes sale of its interest in CENG
Wednesday, August 11, 2021 by EDF announced on 9 August that it has completed the sale of its 49.99% interest in Constellation Energy Nuclear Group (CENG) to its joint venture partner, Exelon Generation. The sale...

Canada Strengthens Nuclear Collaboration with Romania
Wednesday, August 11, 2021 by Canada’s Department of Natural Resources on 5 August announced that Romania had signed a memorandum of understanding (MOU) with Canada committing the two countries to...

Doosan Heavy makes further investment in NuScale
Thursday, July 22, 2021 by NuScale Power announced on 20 July that Doosan Heavy Industries and Construction (DHIC) has agreed to complete a cash investment of $60 million in NuScale to continue to...

Nigeria reactivates Russian-Nigerian Joint Coordination Committee
Tuesday, July 20, 2021 by Nigeria’s Federal Government on 15 July inaugurated the reconstituted Russian-Nigerian Joint Coordination Committee (JCC) on National Atomic Energy. Boss Mustapha, the Secretary to...

CNA and JAIF to co-operate on nuclear power and climate
Tuesday, June 29, 2021 by The Canadian Nuclear Association (CNA) and the Japan Atomic Industrial Forum (JAIF) on 24 June signed a Memorandum of Understanding (MOU) to carry out cooperative nuclear power...

Rosatomflot and Turkish shipyard sign contract for nuclear icebreakers floating dock
Wednesday, June 16, 2021 by Russia’s FSUE Atomflot and Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret Anonim Sirketi (Turkey) signed a contract on 7 June for the construction of a floating dock for Project...

Costa Rica signs nuclear co-operation agreement with Russia
Wednesday, June 09, 2021 by Rosatom and the Atomic Energy Commission of Costa Rica (CAEC) on 3 June signed a memorandum of understanding (MOU) on cooperation in the field of peaceful uses of atomic energy.

Japan’s IHI Corporation invests in NuScale Power
Tuesday, June 01, 2021 by Japan’s IHI Corporation said on 27 May that it had decided to enter the small modular reactor (SMR) market by investing in US-based NuScale Power with JGC Holdings Corporation. As part...

Vattenfall becomes minority shareholder in Fermi Energia
Tuesday, June 01, 2021 by Sweden’s Vattenfall on 31 May signed an agreement with Estonian nuclear energy start-up company Fermi Energia in order to become a minority shareholder of the company with a...

Brookfield may sell stake in Westinghouse
Tuesday, April 27, 2021 by Canada-based Brookfield Business Partners is exploring options including the sale of a minority stake in Westinghouse Electric Co, Reuters reported on 23 April citing “people...

Rosatom to develop hydrogen infrastructure on Sakhalin island
Tuesday, April 27, 2021 by Russia’s Ministry for the Development of the Far East and the Arctic, the Government of the Sakhalin Region and Rosatom on 23 April signed an agreement of intent for cooperation on...

Kazatomprom sells share of subsidiary to CGN
Tuesday, April 27, 2021 by Kazakhstan National Atomic Company Kazatomprom on 22 April signed a Sale and Purchase Agreement (SPA) for the sale of a 49% share of Ortalyk to a subsidiary of China General Nuclear...

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