New Areva, CNNC sign key agreement for $12bn nuclear reprocessing facility

French nuclear and renewable energy group New Areva has signed a memorandum of commercial agreement with Chinese partner China National Nuclear Corporation (CNNC) for the construction of €10bn ($12bn) nuclear fuel reprocessing facility in China....

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EDF completes cold functional test phase of 1.6GW Flamanville EPR

Electricite de France (EDF) has completed the cold functional test phase of a 1,650MW European Pressurized Reactor (EPR), which will be third unit of the Flamanville Nuclear Power Plant in France....

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US NRC approves safety aspect to NuScale's Advanced Reactor Design

The US Nuclear Regulatory Commission (NRC) has concluded that application of NuScale Power’s novel safety design approach eliminates the need for class 1E power for its small modular reactor (SMR)....

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Brookfield Asset Management to acquire Toshiba’s Westinghouse for $4.6bn

Canada’s Brookfield Asset Management, together with institutional partners, has agreed to acquire Westinghouse Electric, the bankrupt nuclear services company, from Toshiba for $4.6bn....

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