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Latest Business Update

Curtiss-Wright signs agreement with Schweitzer Engineering labs
11 January, 2023
US-based Curtiss-Wright Corporation and Schweitzer Engineering...
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Dispute over Hanhikivi-1 set to rumble on
Friday, December 16, 2022 by Fennovoima Oy’s decision to terminate the construction contract for the Hanhikivi-1 NPP in Finland has been declared unlawful by the Dispute Review Board, according to a statement...

China to cooperate with Gulf nations on nuclear energy
Wednesday, December 14, 2022 by China plans to cooperate with Saudi Arabia and other Gulf countries in the fields of nuclear energy, nuclear security and space exploration, Chinese President Xi Jinping has said at...

X-energy joins forces with Ares to go public
Friday, December 09, 2022 by X-energy Reactor Company, a developer of small modular reactors (SMRs) and fuel technology for clean energy generation, and Ares Acquisition Corporation (AAC), a publicly-traded...

UAE regulator approves operational plans to 2026
Tuesday, November 29, 2022 by The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) has approved its Operational Plan for 2023-2026, relating to its future blueprint for regulating...

Agreement signed on EDF’s acquisition of GE Steam Power’s nuclear activities
Tuesday, November 08, 2022 by GE and EDF have signed the binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities. These activities include the manufacturing of conventional...

Cameco and Brookfield Renewable to acquire Westinghouse
Thursday, October 13, 2022 by Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse...

OPG and ČEZ collaborate on SMRs
Thursday, October 13, 2022 by Ontario Power Generation (OPG) and Czech power company ČEZ will collaborate to advance deployment of nuclear technology, including small modular reactors (SMRs), to produce electricity...

Hungary and Uzbekistan launch nuclear cooperation programme
Thursday, October 06, 2022 by Hungary and Uzbekistan are launching a comprehensive nuclear cooperation programme, Péter Szijjártó, Hungary’s Minister of Foreign Affairs and Trade announced after meeting his...

Brazil’s ENBPar and Rosatom sign MOU on green nuclear energy
Thursday, October 06, 2022 by Brazil’s Empresa Brasileira de Participações em Energia Nuclear e Binacional (ENBPar) and Russian state nuclear corporation Rosatom have signed a Memorandum of Understanding...

Iran becomes a major producer of radiopharmaceuticals
Tuesday, October 04, 2022 by The Head of the Atomic Energy Organization of Iran (AEOI), Mohammad Eslami, has said that Iran has become one of the major producers of radiopharmaceuticals in the world...

Westinghouse signs more MOUs with Polish suppliers
Wednesday, September 28, 2022 by Westinghouse Electric Company has signed Memoranda of Understanding (MOUs) with 22 companies in Poland. They were signed in the presence of the US Ambassador to Poland, Mark...

Westinghouse and Spain’s Enusa to collaborate on VVER-440 fuel
Wednesday, September 14, 2022 by Westinghouse Electric Company and Enusa have announced that they intend to collaborate on VVER-440 fuel fabrication. Westinghouse said the partnership “will build on decades...

NuScale Power, Habboush Group and ENTRA1 form strategic alliance
Tuesday, September 13, 2022 by US-based NuScale Power Corporation (NuScale) and Habboush Group (HG) have entered into an agreement forming a strategic alliance that establishes a “one-stop-shop” for the...

Poland and Romania to co-operate on deployment of NuScale SMR
Thursday, September 08, 2022 by Polish copper and silver producer KGHM Polska Miedz and Romanian nuclear power plant operator Nuclearelectrica have signed a memorandum of understanding (MoU) during an Economic Forum...

Rosatom signs nuclear co-operation agreement with Myanmar
Thursday, September 08, 2022 by Rosatom and Myanmar’s Ministry of Science and Technology and Ministry of Electrification have signed a Roadmap on cooperation in the field of the use of nuclear energy for...

KHNP seeks nuclear co-operation with Czech Republic
Friday, August 19, 2022 by Korea Hydro & Nuclear Power (KHNP) has signed a memorandum of understanding (MOU) for business cooperation with the Czech State Atomic Energy Research Institute (UJV Rez) and the...

Myanmar signs MOUs with Rosatom on nuclear co-operation
Thursday, July 14, 2022 by During a recent visit to Moscow, Myanmar’s Minister of Science and Technology, Myo Thein Kyaw, signed some memoranda of understanding (MOUs) with Rosatom Director General Alexey...

OPG and X-energy to deploy Xe-100 SMRs for industrial applications
Thursday, July 14, 2022 by Ontario Power Generation (OPG) and US-based X-energy have signed a framework agreement to pursue opportunities to deploy Xe-100 small modular reactors (SMRs) for industrial...

South Korea’s sales push in Poland
Wednesday, July 06, 2022 by South Korean Trade, Industry and Energy Minister Lee Chang-yang has visited Poland to discuss nuclear power, defence and high-tech bilateral collaboration. This followed South...

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