Canada's Candu Energy has signed a preferred vendor agreement with South Korea's Doosan Enerbility, allowing it to pursue collaboration on nuclear power projects worldwide, including the upgrading of Candu reactors and nuclear new-build projects.

Finnish utility Teollisuuden Voima Oyj has signed a EUR75 million (USD85 million) loan agreement with the Nordic Investment Bank to finance safety upgrades at units 1 and 2 of the Olkiluoto nuclear power plant.

The Dutch developer of the advanced small modular molten salt reactor, Thorizon One, has announced a partnership with French molten salt-based energy storage solutions specialist Storabelle.

The company which is aiming to modernise US nuclear construction has completed its Series A funding round as well as announcing the opening of its primary engineering and construction office in Columbia, South Carolina.

General Matter says it will use a novel, scalable, cost-competitive technology to address a "commercial bottleneck" in the US nuclear fuel cycle and will be shipping enriched uranium by the end of the decade.

A memorandum of understanding and a master services agreement signed by Westinghouse Electric Company and McMaster University aim to move the eVinci microreactor towards commercialisation.

Ontario's Independent Electricity System Operator has verified that Bruce Power has met the terms and conditions to proceed with its fourth Major Component Replacement Project.

Candu Energy Inc has concluded Preferred Vendor Agreements with eight Canadian companies for the refurbishment and construction of Candu reactors, while Westinghouse has signed an agreement with Chemetics to support nuclear new build projects. Meanwhile, Bruce Power has selected Trillium Flow Technologies for valve supply and related service work.

Danish developer of floating molten salt reactors, Seaborg Technologies, has announced a name change to Saltfoss Energy and added the former mayor of Aarhus to its board, as Thailand's GPSC provides an update on their joint feasibility study.