Business - Page 3
Stay up to date with the latest Business updates from the global nuclear engineering international industry
Federation of Korean Industries calls for Korea-US SMR alliance
The Federation of Korean Industries (FKI) has released a report recommending that South Korea and the US should strengthen cooperation in the nuclear power export market, which...
Finland and US increase nuclear co-operation
Finland’s Ministry of Economic Affairs & Employment and the US Department of Energy (DOE) have signed a memorandum of understanding (MOU) on nuclear energy and nuclear waste...
X-energy seeks Kexim finance for Xe-100 SMR
US-based X-Energy Reactor Company has signed an agreement with the Export-Import Bank of Korea (Kexim) to explore project financing opportunities for the deployment of its Xe-100...
UAE signs nuclear energy cooperation agreements with China
The United Arab Emirates (UAE) has signed three memorandums of understanding (MOUs) with Chinese nuclear energy organisations to boost co-operation. The Emirates Nuclear...
France and Japan strengthen nuclear cooperation
At a meeting in Paris, Japan's Minister of Economy, Trade & Industry industry Nishimura Yasutoshi and France’s Minister of Energy Transition Agnès Pannier-Runacher signed a...
INB signs agreements during nuclear trade conference in Brazil
Indústrias Nucleares do Brasil (INB) has signed four contracts and two agreements during the opening of the Nuclear Trade & Technology Exchange (NT2E). The biennial nuclear...
India’s NPCIL and NTPC strengthen co-operation
The Anushakti Vidhyut Nigam Limited, an atomic power joint venture (JV) between Nuclear Power Corporation of India Ltd (NPCIL) and National Thermal Power Corporation (NTPC) is...
Ultra Safe Nuclear joins Korean companies to construct hydrogen micro-hub
US-based Ultra Safe Nuclear Corporation (USNC) has signed a memorandum of understanding (MOU) with South Korea’s Hyundai Engineering and SK Ecoplant to conduct R&D on clean...
Urenco and Cameco to supply uranium for Kozloduy
Urenco has agreed to supply enrichment services to the Kozloduy NPP in Bulgaria. Urenco has become part of a supply chain which includes fuel partners Canada’s Cameco, UK-based...
Finance agreed for Polish SMR plans
Poland’s Orlen Synthos Green Energy (OSGE) has won bank support to finance its SMR construction plans. BGK, Pekao, PKO BP and Santander Bank Polska have signed a cooperation...
IAEA and Kazakhstan agree to strengthen nuclear cooperation
The Republic of Kazakhstan and International Atomic Energy Agency (IAEA) have agreed to strengthen collaboration in the peaceful applications of nuclear science and technology,...
Bangladesh pays Russia in Yuan for NPP to avoid sanctions
Bangladesh has recently approved payment of $318m for payment to Russia in the Chinese currency of yuan for construction of the Rooppur NPP. At a recent meeting between the...
Five G7 nations aim to cut dependence on Russian nuclear technology
Japan, the UK, Canada, the US and France have agreed to co-operate to reduce dependence on Russia as a supplier of nuclear materials and technology. Their statement was issued at...
Nuclear industry calls on G7 to support development
During a Nuclear Energy Forum, held in Sapporo, Japan, alongside the meeting of G7 ministers on climate, energy and environment, a declaration was issued by nuclear trade...
G7 ministers reaffirm net zero targets, condemn Russia, and offer only qualified support for nuclear
Group of Seven (G7) energy and environment ministers, following a two-day meeting in the northern Japanese city of Sapporo, issued a 36-page communique laying out their commitments...
Belarus and Hungary to co-operate on nuclear energy
Hungary is interested in using the experience and knowledge of Belarus in the field of nuclear energy, Hungarian Foreign Minister Péter Szijjártó told reporters following a meeting of...
France renews nuclear co-operation with China
France and China agreed to renew their partnership in nuclear energy during the recent state visit of French President Emmanuel Macron to China. This was one of a raft of...
Cameco and Bruce Power extend long-term nuclear fuel supply arrangements to 2040
Canada’s Cameco and Bruce Power have extended their long-term exclusive nuclear fuel supply arrangements for an additional 10 years until 2040. The original deal was announced in...
Last Energy secures power purchase deals for 34 SMRs in Poland and the UK
US-based Last Energy has secured power purchase agreements (PPAs) for 34 PWR-20 small modular reactor (SMR) units with four industrial partners in the UK and Poland. Last Energy said...
