Russia ready to finance construction of nuclear power plant in Uzbekistan

Russia is ready to offer several options for financing the nuclear power plant construction project in Uzbekistan, Sputnik news agency reported citing a source. According to the source, presently, the Uzbek government is working out a detailed proposal for the construction of the nuclear power plant and estimation of possible investments. “This is a political …

UAE’s first nuclear power plant marks ‘significant milestone’ in construction

The UAE’s first nuclear power plant has announced that the final two of its four reactors are now connected to the country’s electricity grid. The development is described as a “significant milestone” by Emirates Nuclear Energy Corporation, ahead of the nuclear plant’s activation expected later this year. The Barakah Nuclear Energy Plant will have four …

CGN Power’s latest project delay deals another blow to China’s nuclear energy ambition 

The latest commissioning delay at CGN Power’s nuclear project in Taishan, in Guangdong province – the third in two years – will lead to a further deferral of 5 billion yuan (US$770 million) in annual revenues and potentially more cost overruns, according to ratings agency Moody’s. The delay is another setback for China’s ambitious development …

Nuclear reactor to shut down amid Germany′s atomic phase-out 

One of the reactors at the Grundremmingen plant has been switched off as part of Germany’s plan to scale back nuclear power. The power station was the site of Germany’s first fatal nuclear power plant accident. A southern German nuclear reactor was taken offline on Sunday afternoon after 33 years in operation, the plant confirmed. German …

Kansai Electric to scrap two reactors in latest blow for Japan’s nuclear sector

TOKYO (Reuters) – Kansai Electric Power Co said on Friday it will decommission two 38-year-old reactors at its Ohi nuclear plant as Japan’s electricity industry struggles to cope with new safety standards imposed after the 2011 Fukushima disaster. The widely expected announcement brings to 14 the number of reactors being scrapped since the meltdowns at …

Russia to Develop Nuclear Power Plant Project in Sudan 

MOSCOW (Sputnik) – Russia and Sudan have signed an agreement to construct a nuclear power plant in the North African country, Russia’s Rosatom said Friday. The agreement was signed by Rosatom’s subsidiary Rusatom Overseas and the Sudanese Ministry of Water Resources, Irrigation and Electricity. As part of the feasibility study of the NPP construction project, the site will be selected and …