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Areva wins service contracts
Areva wins service contracts
A recent flurry of contracts will see Areva provide reactor services to units in Bulgaria, Switzerland and Germany, including a power uprate at Bulgaria's Kozloduy plant.
Corporate · Wednesday, 11 June 2014
Rosatom targets growth
Rosatom targets growth
Russia should start up three new reactors this year at home, and another in India, said Rosatom in an official meeting with prime minister Dmitry Medvedev. The company said its order book for the next ten years is approaching $100 billion.
Corporate · Tuesday, 3 June 2014
Exelon plants in question
Exelon plants in question
The future of three Exelon nuclear power plants is in question after they failed to secure a capacity payment that would have supported their operation in a difficult power market.
Corporate · Wednesday, 28 May 2014
Garoña stages a comeback
Garoña stages a comeback
Eighteen months after being shut down to avoid new taxes, the owners of Spain's Garoña nuclear power plant have applied to government to bring the plant back into operation on a longer operating licence.
Corporate · Wednesday, 28 May 2014
Ansaldo moves for international markets
Ansaldo moves for international markets
Ansaldo Nucleare has bought the UK's Nuclear Engineering Services, hoping to grow its business through exposure the Britain's growing nuclear market.
Corporate · Tuesday, 27 May 2014
Loviisa I&C upgrade contract re-assigned
Loviisa I&C upgrade contract re-assigned
Finnish utility Fortum has awarded a contract to Rolls-Royce to complete the modernization of the instrumentation and control (I&C) systems at its Loviisa nuclear power plant having terminated its contract with Areva-Siemens.
Corporate · Thursday, 22 May 2014
Credit line open for Belarus project
Credit line open for Belarus project
Russia's state-owned Vnesheconombank is to provide a loan of $500 million over eight years for the financing of Belarus's first nuclear power plant under a newly signed agreement.
Corporate · Monday, 19 May 2014
Licence renewal sought for Fermi 2
Licence renewal sought for Fermi 2
DTE Energy has applied to the US nuclear regulator for a 20-year extension to the operating licence of the Fermi 2 plant in Michigan. If granted, the single-unit plant could operate until 2045.
Corporate · Thursday, 8 May 2014
Vattenfall refocuses under new leadership
Vattenfall refocuses under new leadership
Vattenfall has followed an announcement of plans to prioritise its research efforts with the appointment of Magnus Hall as CEO. Nuclear research continues to be focused on waste disposal and stable power plant operation.
Corporate · Wednesday, 7 May 2014
Toshiba writes down NINA losses
Toshiba writes down NINA losses
Toshiba has posted losses of ¥31 billion ($305 million) on the asset value of Nuclear Innovation North America (NINA), the company set up to promote its ABWR design in North America.
Corporate · Wednesday, 7 May 2014
Cash injections to aid Japanese utilities
Cash injections to aid Japanese utilities
Two Japanese regional power companies have secured capital support totalling ¥150 billion ($1.46 billion) from the state-owned Development Bank of Japan. The move comes as they announced losses for the third consecutive year, while all of Japan's nuclear power reactors remain offline awaiting restart.
Corporate · Wednesday, 30 April 2014
Buyers line up for Alstom
Buyers line up for Alstom
General Electric has submitted a binding $13.5 billion offer to acquire Alstom's power and grid businesses. Siemens has also said it intends to submit a bid for the French engineering company's energy business.
Corporate · Wednesday, 30 April 2014
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