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The AED 8.89bn ($2.42bn) refinancing of the Barakah NPP project in Abu Dhabi, announced in 2023, has been recognised as a Green Loan Facility. The Emirates Nuclear Energy Corporation (ENEC) said this “underscores nuclear energy’s major contribution to powering the UAE’s green economy and energy transition strategy through clean, carbon emissions-free electricity”.

Date: Saturday, 16 March 2024
Original article: neimagazine.com/news/newsbarakah-refinancing-recognised-as-green-loan-11604172

Russia’s State Duma recently held a "government hour" with the participation of Rosatom Director General Alexey Likhachev, during which he discussed conditions at the Zaporizhia NPP (ZNPP). He emphasised that physical protection of the station has been restored. “It was destroyed during the withdrawal of the Ukrainian forces,” he said. “A special protective canopy has been created over the used nuclear fuel storage facility, which caused great concern as there were attacks on this site.”

Date: Friday, 15 March 2024
Original article: neimagazine.com/news/newsrussia-confirms-protection-for-zaporizhia-npp-11600625

The AED8.89 billion (USD2.42 billion) refinancing of the Barakah nuclear power plant project, announced last year, has now been recognised as a Green Loan Facility, the Emirates Nuclear Energy Corporation has announced.

Date: Thursday, 14 March 2024
Original article: world-nuclear-news.org/Articles/Refinancing-of-Barakah-classed-as-green-loan

Holtec Britain has signed a Memorandum of Understanding (MOU) with South Korea’s Hyundai E&C and UK construction and engineering companies Balfour Beatty, and Mott MacDonald. The event was hosted at the Korean Embassy in London by Ambassador Yoon Yeocheol and attended by UK Prime Minister’s Trade Envoy to Korea, Sir John Whittingdale MP.

Date: Wednesday, 13 March 2024
Original article: neimagazine.com/news/newsholtec-and-hyundai-partner-with-british-companies-to-deliver-smr-technology-in-the-uk-11594510

Chinese-French TAC-1 (CNPE) consortium has won a contract for the sub-assembly of modules for the vacuum vessel of the International Thermonuclear Experimental Reactor (ITER), under construction at Cadarache in southern France. The consortium includes China Nuclear Power Engineering (a subsidiary of China National Nuclear Corporation - CNNC); China Nuclear Industry 23 Construction Company Ltd; Southwestern Institute of Physics; Institute of Plasma Physics, Chinese Academy of Sciences ASIPP; and France’s Framatome.

Date: Wednesday, 13 March 2024
Original article: neimagazine.com/news/newschinese-french-consortium-to-assemble-iter-vacuum-chamber-11594527

The Sino-French TAC-1 consortium - led by China National Nuclear Corporation subsidiary China Nuclear Power Engineering and including Framatome - has been awarded a contract to assemble the vacuum chamber modules of the International Thermonuclear Experimental Reactor (ITER), under construction in Cadarache, southern France.

Date: Wednesday, 06 March 2024
Original article: world-nuclear-news.org/Articles/Contract-for-ITER-vacuum-vessel-assembly

South Korean President Yoon Suk Yeol has pledged to spend more than KRW4,000bn ($3bn) on nuclear energy research and development projects during his five-year term, which ends in 2027. This affirms his commitment in July 2022 to reverse the nuclear phase-out policy of his predecessor. He set a goal of planning nuclear power projects that would earn the domestic nuclear energy industry a total of KRW3,300bn and agreed to extend KRW1,000bn in special loans for wider nuclear industry support.

Date: Thursday, 29 February 2024
Original article: neimagazine.com/news/newssouth-korea-allocates-3-billion-for-nuclear-energy-rd-11554107

Netherlands-based nuclear energy development and consultancy company ULC-Energy has undertaken a study that investigated the potential to use civil nuclear technologies to power commercial maritime vessels. The study was commissioned by mining company and shipping charterer BHP, a major producer of commodities including iron ore, copper, nickel, and metallurgical coal. BHP has approximately 80,000 employees and contractors, primarily in Australia and the Americas. 

Date: Wednesday, 28 February 2024
Original article: neimagazine.com/news/newsbhp-to-consider-nuclear-powered-cargo-ships-11551624

The Bulgarian Parliament has given the go-ahead for talks to take place with Hyundai Engineering & Construction, as the sole shortlisted constructor for engineering, construction, delivery and commissioning of the new AP1000 units planned for the Kozloduy site.

Date: Tuesday, 27 February 2024
Original article: world-nuclear-news.org/Articles/Hyundai-E-C-says-Kozloduy-selection-signals-South