Company news - Page 1

Framatome to acquire Evopro nuclear and process automation
Monday, January 11, 2021 by Framatome has signed a purchase agreement to acquire Hungary-based Evopro nuclear and process automation (NPA) Kft. The value of the transaction was not disclosed.

Candu Energy wins contract extensions from Bruce Power
Sunday, January 10, 2021 by Candu Energy Inc., a member of the SNC-Lavalin Group, has been awarded one year extensions from Bruce Power on two existing contracts: to continue to provide fuel channel inspection,...

UK’s First Light Fusion raises $25 million
Monday, January 04, 2021 by The UK’s First Light Fusion, an Oxford-based research company focusing on inertial fusion, said on 23 December that it had raised $25 million from both existing and new investors.

Nexans to supply cables for Hinkley Point C
Monday, December 21, 2020 by France’s Nexans has announced that it will supply nuclear rated cables to the UK’s Hinkley Point C nuclear power project.

NuScale finalises agreement with Sarens
Thursday, December 17, 2020 by US-based NuScale Power announced that it had finalised an agreement with Sarens USA to support deployment of its small modular reactor (SMR) and provide a cash investment in NuScale.

Macron champions nuclear energy
Thursday, December 10, 2020 by French President Emmanuel Macron, addressing employees at nuclear reactor manufacturer Framatome's production site in Le Creusot, central France, said on 8 December said nuclear...

Orano and KHNP to co-operate on dismantling nuclear facilities
Wednesday, December 09, 2020 by France’s Orano and Korea Hydro & Nuclear Power (KHNP) have signed a cooperation agreement aiming to enhance the performance of the dismantling projects for nuclear...

Kawasaki Heavy to withdraw from nuclear sector
Monday, November 30, 2020 by Japanese engineering firm Kawasaki Heavy Industries (KHI) said on 24 November that it has decided to withdraw from its nuclear power-related business operations, in order to focus...

Framatome joins Sizewell C consortium
Wednesday, November 18, 2020 by Framatome has joined the Sizewell C Consortium, a group of more than 100 companies and organisations from across the UK working to design, supply and construct the proposed nuclear...

Russian government fails to meet Rosatom’s request for project funding
Wednesday, November 11, 2020 by The Russian government has failed to allocate the funds that Rosatom had requested to finance a separate national project on nuclear science and technology, Russian newspaper...

Kazatomprom’s expectations for 2020 remain unchanged
Friday, November 06, 2020 by Kazakhstan’s National Atomic Company Kazatomprom has announced its operating results for the 3rd quarter and nine months ended 30 September

OPG opens Centre for Canadian Nuclear Sustainability
Thursday, October 29, 2020 by Ontario Power Generation (OPG) has celebrated the official opening of its Centre for Canadian Nuclear Sustainability (CCNS) located in Durham Region, Ontario’s nuclear capital.

Resolve Optics announces close-up lens for monitoring of radioactive processes
Wednesday, October 28, 2020 by The Model 214 Non-Browning fixed focus lens from Resolve Optics is designed for close-up monitoring of radioactive processes in nuclear power, reprocessing and waste storage plants.

Energoatom sees good prospects for nuclear with Western support
Tuesday, October 27, 2020 by Ukrainian nuclear utility Energoatom has made significant progress in protecting the interests of nuclear power generation and has received support from Western partners in...

Bruce Power announced NZ-2050 strategy
Monday, October 19, 2020 by Bruce Power president and CEO Mike Rencheck announced NZ-2050, the company’s strategy “to contribute to a net zero Canada, while growing the economy and supporting innovation”.

Rosatom sets up energy storage business
Monday, October 12, 2020 by Russia’s Rosatom has established an industry integrator in the energy storage business area, to be known as RENERA, based on Fuel Company Tvel’s Cathode Materials enterprise.

Fortum and MIT to collaborate on modelling tool for small reactors
Tuesday, October 06, 2020 by Finnish utility Fortum and Massachusetts Institute of Technology (MIT) on 1 October embarked on a three-year collaborative project to create an open source tool for...

Polish government to take over PGE nuclear company
Monday, October 05, 2020 by The shareholders of Polska Grupa Energetyczna (PGE EJ1), which was set up to build and operate Poland’s first nuclear power plant, on 1 October signed a letter of intent with the...

NAC International subsidiary acquires SECUR
Friday, October 02, 2020 by US-based NAC International (NAC) has formed a new wholly owned subsidiary, NAC LPT, to acquire selected assets of SECUR LPT, a leading provider of hazardous and radioactive...