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Latest Business Update

CEZ to take over Skoda JS
23 June, 2022
Czech state power company ČEZ Group is to become sole owner of Czech...
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GE Steam Power to supply inks steam turbines to India’s BHEL
Thursday, June 23, 2022 by GE Steam Power has signed a $165 million agreement with Indian state-run engineering firm Bharat Heavy Electricals Ltd (BHEL) for the supply of three nuclear steam turbines.

Brazil’s Eletronuclear and EDF renew co-operation agreement
Tuesday, June 14, 2022 by Brazilian nuclear utility Eletronuclear, a subsidiary of Eletrobras has signed a memorandum of understanding (MOU) with Électricité de France (EDF) with the aim of promoting...

Ukraine’s Energoatom signs three agreements with Westinghouse
Thursday, June 09, 2022 by Ukrainian nuclear utility Energoatom on 2 June at the site of the Khmelnitsky NPP signed three agreements with US-based Westinghouse.

Westinghouse acquires BHI Energy
Thursday, June 02, 2022 by US-based Westinghouse Electric Company said on 31 May that it had completed its acquisition of BHI Energy. The deal brings together two energy companies to create the nuclear...

South Korea's SK signs agreement with US TerraPower
Friday, May 20, 2022 by South Korea's SK Inc said on 17 May it had signed a memorandum of understanding (MOU) with TerraPower, a US start-up co-founded by Bill Gates, to develop small modular reactors (SMRs)....

Framatome and Vattenfall agree on long-term nuclear fuel contract
Wednesday, May 18, 2022 by France’s Framatome said on 11 May it has signed a new agreement with Vattenfall Nuclear Fuel for long-term nuclear fuel supply. Under this contract, awarded on 3 May, Framatome...

Cavendish Nuclear and X-energy collaborate on HTGRs in the UK
Friday, May 13, 2022 by Cavendish Nuclear, part of Babcock International Group, has signed a Memorandum of Understanding (MOU) with US nuclear reactor and fuel design engineering company X-energy to act as...

Framatome acquires EFINOR energy and defence subsidiaries
Thursday, May 12, 2022 by Framatome has announced the acquisition of the energy and defence subsidiaries of the EFINOR group, operating in the nuclear energy and naval defence sectors in France and the UK....

Spring Valley shareholders approve business combination with NuScale
Tuesday, May 03, 2022 by US-based Spring Valley Acquisition Corp, a publicly-traded special purpose acquisition company, announced on 28 April that in a special meeting its shareholders had voted to approve...

Westinghouse to acquire BHI Energy
Thursday, April 21, 2022 by US-based Westinghouse Electric Company has signed a definitive agreement to acquire BHI Energy. Incorporating BHI’s service quality and customer partnerships, Westinghouse “will...

DOE seeks applications for $6 billion programme to support NPPs
Thursday, April 21, 2022 by The US Department of Energy (DOE) has announced plans to seek applications and sealed bid submissions under a $6 billion Civil Nuclear Credit Program (CNC) to support the...

Agreement signed to launch nuclear heating project in China’s Liaoning province
Thursday, March 17, 2022 by China’s State Power Investment Northeast Electric Power Company and Liaoning Hongyanhe Nuclear Power Company (LHNPC) on 9 March signed a cooperation agreement on the...

IAEA and EU discuss strategic security and other issues
Thursday, March 17, 2022 by The International Atomic Energy Agency (IAEA) said on 15 March that senior officials of the IAEA and the European Union (EU) had held discussed a number of strategic issues during...

Ukraine agrees to construct Westinghouse AP1000 reactors
Thursday, September 02, 2021 by US-based Westinghouse Electric Company and Ukrainian nuclear utility Energoatom on 31 August signed an exclusive agreement to bring Westinghouse AP1000 reactors to multiple sites...

EDF completes sale of its interest in CENG
Wednesday, August 11, 2021 by EDF announced on 9 August that it has completed the sale of its 49.99% interest in Constellation Energy Nuclear Group (CENG) to its joint venture partner, Exelon Generation. The sale...

Canada Strengthens Nuclear Collaboration with Romania
Wednesday, August 11, 2021 by Canada’s Department of Natural Resources on 5 August announced that Romania had signed a memorandum of understanding (MOU) with Canada committing the two countries to...

Doosan Heavy makes further investment in NuScale
Thursday, July 22, 2021 by NuScale Power announced on 20 July that Doosan Heavy Industries and Construction (DHIC) has agreed to complete a cash investment of $60 million in NuScale to continue to...

Nigeria reactivates Russian-Nigerian Joint Coordination Committee
Tuesday, July 20, 2021 by Nigeria’s Federal Government on 15 July inaugurated the reconstituted Russian-Nigerian Joint Coordination Committee (JCC) on National Atomic Energy. Boss Mustapha, the Secretary to...

CNA and JAIF to co-operate on nuclear power and climate
Tuesday, June 29, 2021 by The Canadian Nuclear Association (CNA) and the Japan Atomic Industrial Forum (JAIF) on 24 June signed a Memorandum of Understanding (MOU) to carry out cooperative nuclear power...

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