Business - Page 1
Stay up to date with the latest Business updates from the global nuclear engineering international industryLatest Business Update
Ukrainian nuclear utility Energoatom and US-based Holtec International...
> read more
USNC and Peregrine collaborate on advanced energy systems
US companies Ultra Safe Nuclear Corp. (USNC) and Peregrine Turbine Technologies (PTT) are to collaborate with the aim of integrating USNC’s Pylon reactor with PTT’s patented...
Framatome signs contracts with UK’s Sizewell C
France’s Framatome has signed multi-billion euro contracts with Sizewell C Ltd, a standalone company majority-owned by the UK government, laying out the scope of its involvement in...
Japan and US strengthen ties on nuclear energy
During Japanese Prime Minister Fumio Kishida’s recent state visit to Washington during talks with President Joe Biden, bilateral cooperation was strengthened on defence and...
Diamondback Energy to purchase energy from Oklo SMRs
US Oklo has signed a non-binding letter of intent (LOI) with oil and gas producer Diamondback Energy to enter into a 20-year power purchase agreement (PPA). The proposed agreement...
Bulgarian parliament ratifies US atomic energy cooperation agreement
Bulgaria’s National Assembly (Parliament) has ratified the intergovernmental agreement on cooperation in nuclear energy, signed in February between Bulgaria and the US. The agreement...
EnergySolutions finalises acquisition of Cabrera Services
US-based EnergySolutions has completed its acquisition of Cabrera Services, a provider of environmental and radiological remediation services. Cabrera established in 1994,...
Vistra completes Energy Harbor acquisition
US-based Vistra has completed the acquisition of Energy Harbor Corp, adding approximately 4,000 MWe of 24/7 nuclear generation and approximately 1m additional retail customers....
Bruce Power and GE Vernova’s Steam Power sign strategic supplier agreement
Bruce Power and GE Vernova’s Steam Power business have entered into a strategic supplier agreement that will see the companies continue to work together to provide safe and...
Bulgaria and France to strengthen nuclear energy cooperation
Bulgaria's Energy Minister Rumen Radev, during a visit to Paris has signed a declaration of intent with French Economy Minister Bruno Le Maire to establish bilateral cooperation in...
SaskPower and GE Hitachi to co-operate on SMRs
Canada’s SaskPower and GE Vernova’s Nuclear business, GE Hitachi (GEH), have signed an agreement to advance small modular reactor (SMR) development in Saskatchewan. SaskPower and GEH...
Zeno selects Westinghouse to fabricate heat sources for radioisotope power systems
US-based Zeno Power has selected Westinghouse Electric Company to process radioisotopes to fabricate its heat sources for its radioisotope power systems (RPSs). Zeno is working to...
Another agreement for newcleo
UK-based nuclear technology company newcleo has signed an agreement with Italy-based MAIRE subsidiaries NextChem Tech and Tecnimont to apply newcleo’s reactors to decarbonise the...
Russia strengthens relations with Kazakhstan pending decision on NPP construction
The recent visit of Russian President Vladimir Putin to Kazakhstan resulted in a raft of agreements covering a wide range of areas. Kazakhstan President Kassym-Zhomart Tokayev said...
Cameco and Brookfield complete acquisition of Westinghouse
Canada’s Cameco has announced that acquisition of Westinghouse Electric Company in a strategic partnership with Brookfield Asset Management alongside Brookfield Renewable Partners...
Cameco and Brookfield receive regulatory approval to acquire Westinghouse
Cameco has announced that its joint acquisition of Westinghouse Electric Company with Brookfield Asset Management, alongside its publicly listed affiliate Brookfield Renewable...
Constellation completes acquisition of stake in Texas NPP
US power utility Constellation has completed its acquisition of NRG Energy Inc’s 44% ownership stake in the South Texas Project Electric Generating Station (STP). Constellation’s...
Business complications for SMR companies X-energy and NuScale
US-based X-Energy Reactor Company and publicly-traded special purpose acquisition company Ares Acquisition Corporation (AAC), have mutually agreed to terminate their previously...
Hyundai signs agreements in Poland to access nuclear and infrastructure markets
South Korea’s Hyundai Engineering & Construction (HEC) has signed an “agreement for new nuclear power business” with the Polish Construction Association in Warsaw. The signing...
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...
