Constellation issues first US nuclear green bond

Constellation Energy has issued the first corporate green bond in the USA that can be used to finance nuclear energy projects. The company will use proceeds from the USD900 million, 30-year term offering, for investments such as maintenance, uprates and life extensions of its nuclear power plants. A green bond is a financial instrument that …

Taiwan Can’t Shake Its Nuclear Ghosts

The island’s resistance to a dependable—and desperately needed—source of energy has been shaped by a covert history. After a contested race, the people of Taiwan have elected current Vice President Lai Ching-te to be their next president. The result keeps the Democratic Progressive Party, which broadly favors Taiwanese sovereignty and closer ties with the United …

Small Modular Reactor project at Clarington’s Darlington Nuclear on time and on budget

Darlington Nuclear is making a habit of getting work done as promised after announcing this week that early work on the small modular reactor megaproject at the Clarington nuclear plant is on time and on budget. Darlington is also undergoing a complete refurbishment of its four reactors, with Unit 3 returning to service last August …

Turkey continues negotiations over new nuclear power plants

Following the construction of the Akkuyu nuclear power plant, Turkey is planning to build two more plants at Sinop and Thrace. lparslan Bayraktar, Turkey’s energy minister, has said that the first nuclear unit at the Akkuyu nuclear power plant should be launched by the end of the year, while negotiations with Russia, China and South …

Barakah Plant $2.42 Bn refinancing recognized as Green Loan Facility, reinforcing its integral role in rapid decarbonization of UAE power grid

Barakah Plant project refinancing loan with two leading UAE banks, Abu Dhabi Commercial Bank PJSC (ADCB) and First Abu Dhabi Bank PJSC (FAB), is the first in MENA Region and Asia to be recognized as a green loan facility. – Positions Barakah Plant and the wider nuclear sector at the forefront of clean financing instruments …

Eight out of 10 Koreans support nuclear power plants

Eight out of 10 South Koreans support the operation of nuclear power plants, according to a survey conducted by international energy consulting firm Radiant Energy Group Ltd. The firm surveyed citizens of 20 countries, including Korea, between October and November 2023. The Korea Energy Information Culture Agency (KEIA) released a report citing the Radiant Energy …