Russia Will Fund New Nuclear Plants In Iran

In January, Russia signed a treaty with Iran acknowledging a “commitment to develop military-technical cooperation.” On Friday, the Oil Minister of Iran announced that Russia would fund the construction of a new nuclear plant in Iran. “Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy …

Considerable investment in development of OL1 and OL2 plant units in Olkiluoto

The investment project to be implemented during the upcoming years will include the replacement of the I&C and monitoring systems and the reactor steam separators at the OL1 and OL2 plant units. Teollisuuden Voima Oyj (TVO) and the Nordic Investment Bank (NIB) have signed a EUR 75 million loan agreement to finance the project (Read …

India needs to fast-track nuclear power projects, government committee urges

 India must accelerate execution of nuclear projects, create awareness on their safety and build a strong list of vendors, according to an advisory committee meeting of the country’s power ministry held on Monday. WHY IT’S IMPORTANT In early February, India announced plans to amend its nuclear liability law to boost foreign and private investments, aiming …

‘No time to lose’, nuclear conference told

Urenco attends the Canadian Nuclear Association 2025 in Ottawa. The nuclear fuel supply chain requires both “visibility and predictability” if it is to rapidly expand to support future energy demand, a conference was told. A Nuclear Fuel Supply panel at the Canadian Nuclear Association (CNA) 2025 conference also heard there was “no time to lose” because the …

Top uranium producer Namibia to open talks on nuclear energy plant

Namibia has long stated its interest in introducing nuclear power into its energy mix, which relies on imports, mainly from South Africa. Leading uranium producer Namibia will this year launch talks on its first nuclear energy plant as it seeks to exploit its rich natural wealth to transform its economy, the president said on Thursday. …

KHNP chief pursues nuclear energy partnerships with African nations

Korea Hydro & Nuclear Power (KHNP) president and CEO Whang Joo-ho stressed the importance of the technological partnership between Korea and Africa in nuclear energy during a keynote speech he delivered at the Africa Nuclear Business Platform (NBP) 2025 held in Morocco. The Africa NBP took place from Tuesday through Thursday with the heads of energy …