V.GXU Closes $10 Million Bought Deal Financing

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (the “Company” or “GoviEx“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Sprott Capital Partners (“Sprott“), of 46,213,000 units (“Units“), which includes a partial exercise of the over-allotment option, at a price of C$0.22 per Unit for aggregate …

Small modular reactor advocates see opportunity in former US coal towns

Swapping coal-fired generating stations with nuclear power plants could be a win-win for utilities and coal towns, minimizing costs and creating jobs, according to industry experts. The opportunity to bring new energy investment to coal communities arose Oct. 24 at two nuclear energy events hosted by the American Nuclear Society and the Atlantic Council. That …

Federal loan provides certainty for Canadian SMR build

The existing Darlington plant provided a backdrop for the announcement (Image: OPG) The Canada Infrastructure Bank (CIB) has announced a commitment of CAD970 million (USD713 million) towards Ontario Power Generation (OPG’s) Darlington New Nuclear Project, in the bank’s largest investment in clean power to date. The Darlington New Nuclear Project will be a 300 MWe …

IAEA International Ministerial Conference on Nuclear Power to Start in Washington

The IAEA International Ministerial Conference on Nuclear Power in the 21st Century opens this week in Washington DC, providing a global forum for ministers, policy makers and experts to discuss the contribution of nuclear power to climate change mitigation, energy security and sustainable development. IAEA Director General Rafael Mariano Grossi and US Secretary of Energy Jennifer Granholm …

EDF will meet French nuclear output goals, new CEO to tell parliament

A flag with the company logo of Electricite de France (EDF) and a French flag fly next to the EDF power plant in Bouchain, near Valenciennes, France, September 29, 2021. REUTERS/Pascal Rossignol The new CEO-designate of France’s nuclear group EDF expects to meet output expectations set out by the country’s grid operator for December and …

GE Hitachi Announces Large Hiring Plan to Support Worldwide Deployment of Reactor Technology

Hundreds of new jobs will support the deployment of BWRX-300 small modular reactors, positioning GE Hitachi as a leader in the global energy transition GE Hitachi Nuclear Energy (GEH) today announced a major expansion to its Wilmington operations through continued job growth, further strengthening its capabilities for the deployment of its small modular and advanced …

Poland Nears Picking Westinghouse for First Nuclear Power Plant

Poland is close to choosing Westinghouse Electric Co. to help it build its first nuclear power plant as the European Union’s largest eastern economy rushes to replace its aging coal-fired units. Polish Deputy Prime Minister Jacek Sasin and Climate Minister Anna Moskwa announcement their preferred option after meeting with US Energy Secretary Jennifer Granholm over the weekend. …

First criticality reached at Mochovce 3

The 22th October 2022 will be inscribed in the calendar of Slovenske elektrarne as the day when the new nuclear unit in Mochovce reached its first criticality. The controlled fission chain reaction is already underway in the reactor, although the reactor power is very close to zero. “This is a very important milestone in the …

Core catcher casing installed at Tianwan 8

The core catcher casing has been installed at unit 8 of the Tianwan nuclear power plant in China’s Jiangsu province, marking the start of installation of the unit’s nuclear island main equipment, China National Nuclear Corporation (CNNC) announced. The 6.1-metre-high, 156-tonne casing is part of the core catcher, which is designed to catch the molten …

Application for Approval to Extend the Operation Period for Unit 1 and 2 at Sendai Nuclear Power Station

In order to achieve both carbon neutrality and a stable supply of electricity, we will maximize the use of nuclear power, which is a stable power source that does not emit CO₂ during operation, on the premise that it is safe. In order to apply for approval to extend the operation life span of nuclear …