Business - Page 2
Stay up to date with the latest Business updates from the global nuclear engineering international industry
Rosatomflot and Turkish shipyard sign contract for nuclear icebreakers floating dock
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
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
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
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
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
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
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...
Another “sustainable” loan for Akkuyu Nuclear
Akkuyu Nuclear (the Rosatom subsidiary that is building Turkey’s first NPP) on 14 April signed an agreement with Otkritie Bank on the provision of a non-revolving credit line for a...
NuScale forms strategic partnership with Japan’s JGC Holdings Corporation
US-based NuScale Power announced on 5 April that it had finalised an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of...
Polish state takes over nuclear company in preparation for NPP construction
The Polish state treasury has taken full ownership of PGE EJ1, the company charged with managing the country’s planned first nuclear power station, for about €114m in what was said to...
Rosatom looks to lithium batteries for storage
Renera, Rosatom’s Energy storage systems integrator, part of Fuel Company TVEL, has closed a deal to acquire 49% of shares in South Korea’s Enertech International, a manufacturer...
Orano acquires Daher’s German nuclear activities
France’s Orano Group and the Daher Group on 4 March signed an agreement for the acquisition by Orano Nuclear Packages and Services (Orano NPS) of Daher’s German nuclear activities...
Exelon to establish two separate companies
US power company Exelon announced on 24 February that its Board of Directors had approved a plan to separate Exelon Utilities (RemainCo), comprising the company’s six regulated...
IAEA and Iran agree a compromise to allow further diplomacy on nuclear deal
Following a visit to Tehran by IAEA Director General Rafael Grossi, IAEA on 21 February issued a joint statement by the Vice-President of the Islamic Republic of Iran and Head of...
Ukrainian government takes over management of Energoatom
On 20 January, the Ukrainian Cabinet of Ministers decided to transfer direct management of nuclear utility Energoatom from the Energy Ministry to the government.
Electricity generation costs examined in new IEA/NEA report
The recently published joint publication by the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA), “Projected Costs of Generating Electricity – 2020” is the...
Russia signs agreements with Uganda and Zambia
Russia and Uganda have signed an intergovernmental agreement on cooperation in the peaceful use of nuclear energy.
More materials irregularities found in France
EDF has found more than 200 irregularities in materials supplied by the alloys division of French mining and metallurgical company Eramet for its NPPs.
Russia looks to Africa
Russia and the Congo on 24 May signed an intergovernmental agreement on cooperation in the field of peaceful uses of atomic energy, following the talks between Russian President...
