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CAS Ion Completes RMB 600 Million First-Round Financing, Fusion-Derived Technology Industrialization Enters a New Stage

Recently, CAS Ion completed its first round of market-oriented equity financing, with a total amount of RMB 600 million. This round of financing was jointly participated in by CMBI, Wanneng Capital, Qianhai Ark, CITIC Construction Investment Capital, China-Belgium Fund, SMIC Juyuan, Oriental Fortune Capital, Xi'an High-Tech Investment, Ginkgo Valley Capital, Jinju Investment, Wofu Venture Capital, and Hua'an Jiaye. CAS Ion, in accordance with its own business development pace, coordinated and determined the scale of this round of fundraising, and completed all processes including project matching, due diligence interviews, agreement signing, and capital delivery within 3 months. This financing received an enthusiastic market response, with numerous investment institutions actively expressing investment intentions, fully confirming the capital market's recognition of the company's core technology, industrialization capability, and long-term growth...

2026-09-30

Netherlands to Acquire 70% Stake in Borssele Nuclear Power Plant

The Dutch government has reached an agreement to acquire a 70% stake in EPZ, the operator of the Borssele NPP. These shares will be purchased from the Province of Zeeland and its subordinate municipalities. The acquisition aims to ensure the long-term continued operation of the existing nuclear power plant. It is understood that the Borssele Nuclear Power Station (Dutch: Kerncentrale Borssele) is the only commercial nuclear power plant still in operation in the Netherlands. It is located near the town of Borssele in the province of Zeeland in the southwestern Netherlands and is operated by the Dutch utility EPZ. The Borssele Nuclear Power Plant has a net electrical output of 485 megawatts (MWe), uses pressurized water reactor (PWR) technology...

2026-09-30

Bechtel and Westinghouse Consortium Formally Signs EPC Turnkey Contract for Poland's First Nuclear Power Plant, Construction Scheduled to Begin in 2027

A consortium comprising U.S. engineering giant Bechtel and nuclear technology supplier Westinghouse Electric Company has formally signed an Engineering, Procurement, and Construction (EPC) contract with Poland's state-owned nuclear power company Polskie Elektrownie Jądrowe (PEJ) to advance the construction of Poland's first-ever commercial nuclear power plant. The nuclear project is located in Choczewo on the Baltic Sea coast in the Pomerania province of northern Poland. PEJ officially stated that the site is planned to host 3 Westinghouse AP1000 Generation III+ advanced pressurized water reactor units, with a designed total installed capacity of 3750 megawatts (3750 MWe), and the first unit is expected...

2026-09-30

SPIC Holds Mobilization and Deployment Meeting on Further Deepening Reform

On September 29, SPIC held a mobilization and deployment meeting on further deepening reform in Beijing, to thoroughly study and implement General Secretary Xi Jinping's important expositions on the reform and development of state-owned enterprises and Party building, fully implement the decisions and arrangements of the CPC Central Committee and the State Council as well as a series of work requirements of the State-owned Assets Supervision and Administration Commission of the State Council, unify thinking, clarify tasks, and consolidate responsibilities, solidly advance the Group's new round of reform breakthroughs, and empower high-quality corporate development through reform. Liu Mingsheng, Secretary of the Party Leadership Group and Chairman of the Group, attended the meeting and delivered a speech; Tian Yongzhong, Director and Deputy Secretary of the Party Leadership Group, attended the meeting; Liu Feng, Member of the Party Leadership Group and Vice President, presided over the meeting; Group leaders Chen Haibin, Gao Boyu, and Yan Hang attended the meeting. The meeting pointed out...

2026-09-30

Guangxi Nuclear Power Holds the 2026 Third-Quarter Nuclear Safety Culture Promotion Studio Joint Exchange Activity

To cultivate a solid foundation for nuclear safety culture and promote the exchange and sharing of technical experience among regulatory authorities, owners, and all participating construction parties, the 2026 third-quarter Nuclear Safety Culture Promotion Studio joint exchange activity for the South China Nuclear and Radiation Safety Supervision Station of the Ministry of Ecology and Environment (hereinafter referred to as the "South China Supervision Station"), the Bailong Nuclear Power Project, and the Fangchenggang Nuclear Power Project was recently held at Guangxi Nuclear Power. The activity was chaired by Zheng Tao, head of the on-site supervision group for the Bailong Nuclear Power Project of the South China Supervision Station. Chen Rongda, director of the Third Nuclear Facility Supervision Division of the South China Supervision Station, Li Qiang, general manager of Guangxi Nuclear Power, and Hou Yousheng, general manager of Fangchenggang Nuclear Power, attended the activity, along with representatives from all participating construction units. All parties gathered together to focus on the cultivation and implementation of nuclear safety culture...

2026-09-30

Argonne National Laboratory Achieves Latest Research Progress in Advanced Reactor Passive Safety, Revealing Flow Characteristics of Reactor Cavity Cooling System Using NSTF Facility

A research team at Argonne National Laboratory, under the U.S. Department of Energy (DOE), has achieved the latest research progress on passive shutdown decay heat removal mechanisms for next-generation advanced nuclear reactors. Under unplanned reactor shutdown or sudden emergency accident conditions, nuclear fuel continues to release decay heat. Ensuring continuous and reliable heat removal under complete power loss and without manual intervention is a core issue in the inherent safety design of Generation IV advanced reactors. The Argonne research team recently focused on the transient thermal-hydraulic response characteristics of key passive heat removal systems under realistic dynamic decay heat curves. This...

2026-09-30

Saskatchewan, Canada Releases Long-Term Nuclear Energy Strategy: Plans to Build 2,600 MW of Nuclear Power by 2050

Scott Moe, Premier of Saskatchewan, Canada, officially announced the province's long-term nuclear energy development plan in Saskatoon on September 29, establishing a strategic goal of building at least 2,600 megawatts (MW) of nuclear power capacity by 2050. Moe emphasized that nuclear energy is not only a zero-carbon clean baseload power source, but also a "nation-building opportunity" that empowers economic growth for generations, will create high-end jobs across the province, attract multinational capital, and ensure long-term electricity stability for households and industry. According to the plan, four core pillars have been established: 1. Build a highly resilient power foundation supporting long-term economic growth: Rely on non-intermittent zero-carbon nuclear energy to address the electricity load gap brought about by society-wide electrification...

2026-09-30

Brookfield Renewable Discloses Strategy for Nuclear Energy Business Segment

At the Brookfield Affiliates Investor Day 2026 held on September 29, Brookfield Renewable Partners (BEP) highlighted the strategic progress and industrial layout of its nuclear energy business segment. Brookfield management noted that as AI data centers, manufacturing reshoring, and deep electrification across society drive a sharp increase in global electricity demand, power supply has become a key bottleneck constraining economic growth. Nuclear energy, with its high reliability, round-the-clock baseload attributes, and value for national energy security, is entering an unprecedented super expansion cycle not seen in decades. The...

2026-09-30

Russia is conducting high-level technical consultations with Iran on the construction of brand-new nuclear power plants

According to a comprehensive report by Azerbaijan News Network (AzerNews) and several mainstream Iranian media outlets, Alexey Likhachev, Director General of Rosatom, recently disclosed to the media in Yerevan, Armenia that Russia is conducting high-level technical consultations with Iran on the construction of brand-new nuclear power plants, with the cooperation planning scope covering both large commercial reactor types and small modular reactors (SMRs). At the same time, Rosatom's engineering team is conducting comprehensive geological and engineering assessments of multiple candidate new sites in Iran that have the conditions for nuclear power grid connection. Likhachev specifically pointed out that the strategic binding between Moscow and Tehran in the field of civilian nuclear energy...

2026-09-30

Construction of BOP Sub-item Installation Works for Units 1 and 2 of Zhejiang Jinqimen Nuclear Power Plant Officially Commences

On September 29, the BOP sub-item installation works (Lot 1 and Lot 2) for Units 1 and 2 of Zhejiang Jinqimen Nuclear Power Plant, contracted by Beijing Zhongyan Dadi Technology Co., Ltd. (hereinafter referred to as Zhongyan Dadi), officially commenced, marking the full launch of the project construction. Jinqimen Nuclear Power Plant is located in Xiangshan County, Ningbo City, Zhejiang Province. It is a benchmark clean energy project under national key planning. Once fully completed, its annual power generation capacity will reach 55 billion kWh, which is of great strategic significance to the optimization of the energy structure and green low-carbon transformation in the Yangtze River Delta region. The BOP (nuclear power plant supporting facilities) sub-item is an important foundation for ensuring the safe and stable operation of nuclear power units, and its construction precision and quality control standards are far...

2026-09-30

Shanghai Electric Delivers the First Domestic Steam Generator Water Chamber Head Forging for the "Guohe One"

On September 28, the first domestic water chamber head forging for the Guohe One steam generator, manufactured by Shanghai Electric, completed acceptance and was officially shipped at Shanghai Electric Shangzhong Casting and Forging Co., Ltd. The water chamber head is a key pressure-bearing core component of the Guohe One steam generator, with a single-piece net weight of 90 tons. It features a complex structure with ultra-large dimensions, ultra-thick cross-sections, and irregular multi-nozzle geometry, making it the world's largest nuclear power irregular complex-structure large forging, with manufacturing difficulty far exceeding that of similar products for existing domestic nuclear power reactor types. Facing this world-class extreme manufacturing challenge, Shanghai Electric concentrated its efforts to successively break through 500-ton-class ultra-pure low-segregation large steel ingot manufacturing, integrated forging forming technology for multi-nozzle spherical heads,...

2026-09-29

South Korea Plans to Build a National Collaborative Platform for Offshore Small Modular Reactors

Recently, Professor Seo Jeong of Korea Maritime and Ocean University (KMOU) proposed at the First Offshore Small Modular Reactor Network Conference held at the Busan IT Industry Promotion Agency in Busan that the commercialization of offshore Small Modular Reactors (SMRs) cannot rely solely on reactor R&D, and that a national platform linking reactor design, shipbuilding, and offshore testing must be established. The nuclear industry and the shipbuilding industry currently operate in silos, and manufacturers, research institutions, and regulatory bodies should cooperate from an early stage. Seo Jeong stated that shipborne SMRs...

2026-09-29

Kuwait Institute for Scientific Research Joins Arab Atomic Energy Agency

Recently, the Kuwait Institute for Scientific Research (KISR) was approved to join the Arab Atomic Energy Agency (AAEA) to strengthen Kuwait's cooperation with Arab and international institutions in the peaceful uses of nuclear energy. Dr. Habiba Al-Manea, KISR's National Liaison Officer to the International Atomic Energy Agency (IAEA) and member of the AAEA Executive Council, told the Kuwait News Agency (KUNA) that this membership will strengthen technical and scientific cooperation, promote the exchange of expertise, and help develop Kuwait's national capabilities in the peaceful applications of nuclear energy.

2026-09-29

US Nuclear Regulatory Commission Poised to Approve TVA's First BWRX-300 Reactor

According to reports, the US Nuclear Regulatory Commission (NRC) is expected to approve on Tuesday the Tennessee Valley Authority's (TVA) construction of the first 300-megawatt BWRX-300 reactor at the Clinch River site in Tennessee. TVA is considering deploying up to four units, and this license covers only the first unit. This license is a construction permit and does not yet mean the unit can enter commercial operation. It is understood that the BWRX-300 is a Small Modular Reactor (SMR) that uses Boiling Water Reactor (BWR) technology, with a single-unit electrical output...

2026-09-29

Pakistan Denies Overflight Permission, Bangladesh's Rooppur Nuclear Power Plant Fuel Transport Blocked

Recently, the nuclear fuel transport for Unit 2 of Bangladesh's Rooppur Nuclear Power Plant (RNPP) was delayed because Pakistan did not approve overflight permission. Faqir Mahbub Anam, Minister of the Ministry of Science and Technology of Bangladesh, stated that the chartered flight was originally scheduled to arrive at Hazrat Shahjalal International Airport in Dhaka on September 24, but could not proceed because it was not granted permission to enter Pakistani airspace. It is reported that the route usually passes through Kazakhstan, Turkmenis...

2026-09-29