Hitachi’s U.K. nuclear project to get guarantees from government

Hitachi Ltd’s Horizon Nuclear Power unit has received an assurance from the British government that it will guarantee loans for the construction of two reactors in Wales, the Mainichi newspaper reported on Wednesday. British Prime Minister Theresa May met Hitachi Chairman Hiroaki Nakanishi last week in London and asked him to go ahead the project, …

Saudi energy minister ‘optimistic’ on South Korea being shortlisted for nuclear project

Saudi Arabia Energy Minister Khalid al-Falih speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain Saudi Arabian Energy Minister Khalid al-Falih said on Friday he was “optimistic” about South Korea being shortlisted to build nuclear power plants for the Middle Eastern kingdom. Falih told reporters …

France, India Moving Forward with Massive Nuclear Project

India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the world’s largest nuclear plant project in terms of generation capacity. Jaitapur is the key project in nuclear collaboration between India and France, which was first broached in 2009 when …

U.A.E. Nears Handover of First Arab Nuclear Plant to Operator

Regulator says adjustments, tests on reactor still to be done Plant’s handover to South Korea-backed operator almost ready A South Korean venture with the United Arab Emirates is edging closer to switching on the Arab world’s first commercial atomic-energy plant. Korea Electric Power Corp. has completed construction of the Barakah Unit 1 reactor, and Emirates Nuclear Energy Corp.’s …

Westinghouse emerging from bankruptcy, capable of delivering India nuclear reactors

On his first visit to India, Rick Perry said India must look at “broad portfolio” of energy sources to deliver reliable electricity to its growing population and not just at affordability. US Energy Secretary Rick Perry said today that Westinghouse Electric Co is emerging out of bankruptcy and is now capable of delivering the planned …

Russia discusses prospects for building nuclear power plants with Saudi Arabia, Uzbekistan

Russia’s state nuclear corporation Rosatom is discussing with Saudi Arabia and Uzbekistan the possibility of building nuclear power plants in these countries, head of Rosatom Alexei Likhachev said at a meeting with Russian Prime Minister Dmitry Medvedev, TASS reports. “We are working on it with Saudi Arabia, with Uzbekistan,” he said. The head of Rosatom expressed hope …