GE Oil & Gas has announced the signing of a Memorandum of Understanding for an investment of $600 million over the next five years in Italy.
Ali Akbar Salehi, Head of the Atomic Energy Organisation of Iran ( AEOI ), said that Iran will begin construction of two new nuclear power plants in Bushehr.
General Electric (GE) is to sign a $1 billion agreement with the Iraqi Ministry of Electricity (MoE) that will see the US-based company deliver critical electricity generation and maintenance projects across the country.
EDF has postponed giving final approval to construction of the £18 billion nuclear power plant planned for Hinkley Point C.
The UK faces a 40-55 per cent electricity supply gap if the UK Government implements its plans to close all coal-fired power stations and retire aging nuclear power stations by 2025, according to a report from the Institution of Mechanical Engineers (IME).
Xu Dazhe, Chairman of the China Atomic Energy Authority , said that China will be increasing nuclear cooperation with Iran with a view towards economic gains.