Contracts rss

Toshiba agrees sale of Westinghouse claims

Corporate

18 January 2018

Toshiba Corporation is to sell its claims against Westinghouse Electric Company and Brookfield - which is buying the Westinghouse-related shares that it holds - to Nucleus Acquisition. The Japanese company said it has entered into an assignment and purchase agreement with Nucleus and a share purchase agreement with Brookfield.

PSEG plants to use Rolls-Royce Big Data services

Corporate

17 January 2018

PSEG_nuclear_complex_(@PSEGNews)-48Rolls-Royce is to provide PSEG with innovative digital analytics systems to drive greater plant efficiency at the Salem and Hope Creek nuclear power plants. The signature of a four-year contract to deploy Rolls-Royce's T-104 service follows a successful six-month trial.

Framatome and CNNC seek closer collaboration

Corporate

11 January 2018

France's Framatome and China National Nuclear Corporation (CNNC) have signed a protocol for the development of global strategic cooperation. They have also renewed a contract under which Framatome will supply nuclear fuel components to CNNC.

General Electric wins turbine contract for Paks II

Corporate

17 January 2018

GE Hungary, a subsidiary of General Electric, has won a €793 million ($970 million) contract to manufacture and supply the turbines for two new reactors under construction at the Paks nuclear power plant, Russian news agency RIA Novosti reported yesterday.

Toshiba settles VC Summer guarantee obligation

Corporate

12 January 2018

Toshiba has completed the early payment of $1.86 billion, reflecting the remaining outstanding amount of its parent company guarantee obligation to the owners of the VC Summer AP1000 project in the USA. It settled its parent company guarantee obligation to the owners of the Vogtle project last month.

France and China to enhance nuclear energy cooperation

Nuclear Policies

10 January 2018

CNNC-New Areva - January 2018 - 48Cooperation on nuclear power technology is to be expanded between China General Nuclear and the French Alternative Energies and Atomic Energy Commission under an agreement signed yesterday in Beijing. New Areva and China National Nuclear Corporation have also agreed to work towards signing a contract for the construction of a used fuel processing and recycling facility in China.