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US-based Westinghouse Electric Company has signed a contract with China’s Liaoning Nuclear Power Company Ltd and China Nuclear Power Engineering Company Ltd (CNPE) to supply Instrument and Control (I&C) systems for units 1&2 of the Xudabao NPP. Xudabao 1&2 are CAP1000 reactor units – the Chinese- designed version of the Westinghouse AP1000.
- Source: NEI Magazine
- Date: Thursday, 05 October 2023
- Original article: neimagazine.com/news/newswestinghouse-wins-ic-contract-for-xudabao-units-12-11192796
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.
- Source: NEI Magazine
- Date: Friday, 14 October 2022
- Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610