Russia, South Korea to build nuclear power plants in Uganda

Two countries selected by Ugandan authorities, with negotiations taking place and agreements signed Ugandan President Yoweri Museveni announced Tuesday that Russia and South Korea will soon start building nuclear power plants in the country. Addressing the 2nd G-25 Africa Coffee Summit, which is being attended by leaders and delegates from 25 African coffee-producing nations at …

Marcos still keen on nuclear energy

President Ferdinand “Bongbong” Marcos Jr. on Wednesday expressed interest anew over the use of nuclear energy. “All efforts to increase the number of power sources lean towards clean energy,” Marcos told American business leaders. “That being the case, I am interested in the potential of nuclear energy, especially in light of new technologies and innovations …

AEOI head outlines Iranian nuclear energy targets

Atomic Energy Organization of Iran (AEOI) head Mohammad Eslami said the country is looking to increase its nuclear power generation capacity to 20 GWe. The country’s first nuclear power plant, Bushehr, has now generated more than 60 billion kilowatt-hours, he told a parliamentary council. Bushehr unit 1 – a Russian-designed VVER-1000 pressurised water reactor, which …

Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors

A Bill Gates-backed clean energy player is hoping to build dozens of reactors in the UK, and will enter the race alongside potential rivals Rolls-Royce and GE Hitachi with its own mini-nuclear power plant designs. Chris Levesque, chief executive of nuclear start-up Terra Power, confirmed the company will bid for government approval to build small …

India Considers Allowing Private Firms to Develop Nuclear Plants

Country reviewing law, with an eye to adding small reactors Atomic energy minister Singh comments in reply to parliament India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonize industry. The country is reviewing its six-decade-old atomic energy law to allow …

SK Group to Invest 12.4 Trillion Won in Transition to Eco-friendly Energy

SK Inc. has laid out an ambitious plan to invest 23 trillion won (US$17.82 billion) in eco-friendly initiatives by 2025, with a primary focus on “energy transition.” SK Group Chairman Chey Tae-won has shown keen interest in transforming SK’s business landscape from a petroleum-centric structure to one that centers on environmentally friendly energy ventures. Among …

China approves expansions at three nuclear power plants

China has approved expansion projects at three nuclear power plants, according to a statement from the State Council released on Monday. Six new nuclear power generation units have been approved to expand three existing plants in Shandong province, Fujian province and Liaoning province, according to reporting from state-backed media outlet the Paper. The State Council …