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8th Russia-China Energy Business Forum Held; Putin Says Nuclear Power Projects in China Using Russian Designs Nearing Completion

On September 4, Russian President Vladimir Putin stated in his address to the participants, organizers, and guests of the 8th Russia-China Energy Business Forum that energy has always been one of the most important and dynamic areas of Russia-China economic cooperation. Putin noted that the comprehensive partnership and strategic coordination between the Russian Federation and the People's Republic of China continue to develop steadily. Russia currently holds a firm position as a major supplier of oil and natural gas to China, and is also an important exporter of coal and liquefied natural gas to China. In the nuclear power sector, Putin mentioned that multiple nuclear power plants designed by Russia are under construction in China, with related projects nearing successful completion...

2026-09-05

Site Construction Officially Launched for Phase I of Shandong Laiyang Nuclear Power Project

On September 1, the pre-work meeting and construction mobilization meeting for the main plant area site leveling of Phase I of the State Power Investment Corporation (SPIC) Shandong Laiyang Nuclear Power Project was held at the project site, marking a key step forward in the construction of the Laiyang Nuclear Power Project and the full launch of site leveling works for Phase I. Before the meeting, the construction crew organized a pre-work briefing, during which responsible persons from all participating construction parties inspected the site on location, verified the operating conditions of construction machinery and equipment one by one, and conducted inspections and evaluations of pre-work preparations, solidifying the foundational conditions for construction commencement from the source. At the construction site, engineering machinery stood in orderly formation, and the construction teams were in high spirits. The responsible person of SPIC Laiyang stated that the Laiyang Nuclear Power Project will strictly implement the "four strictest" work requirements, coordinate all aspects of safety, quality, and schedule, and that all participating construction units will work in synergy, strive for excellence, and promote high-quality project development throughout the full lifecycle, injecting strong momentum into the Group's nuclear energy business for greater strength, optimization, and expansion.

2026-09-04

Hungary's Paks II Nuclear Project May Require Major Adjustments

According to sources familiar with Hungary's nuclear industry and discussions on the Paks II nuclear project, the new Hungarian government led by Peter Magyar believes that the Paks II project, based on Russia's Rosatom design, can only proceed if major adjustments are made. Sources said that due to factors such as ethics, technology, sanctions restrictions, licensing procedures, and existing contract terms, the Paks II project is difficult to continue under its original arrangement. However, industry insiders also believe that it would not be appropriate to abandon the project outright due to short-term sentiment or temporary setbacks. If more participants could be brought in,...

2026-09-04

Sweden's 1.2 GW BWRX-300 Nuclear Power Project Identifies Strategic Partners

Studsvik AB announced on September 3 that it has selected GE Vernova Hitachi Nuclear Energy and Samsung C&T as strategic partners for its first nuclear power project in Sweden following a competitive evaluation. The project is planned to proceed at Studsvik's existing licensed site in Nyköping or at the Målma site in Valdemarsvik. Under the arrangement, the parties will work with GE Vernova's financial services business and DS Investment Partners to advance Sweden's first nuclear power project comprising four BWRX-300 units, ...

2026-09-03

Iran Plans to Advance Both a Large and a Small Nuclear Power Plant Project

Alexey Likhachev, CEO of Rosatom, stated that the site of Iran's Bushehr Nuclear Power Plant has returned to a stable state, and Russian experts are gradually returning to the site to participate in the construction and maintenance of related units. According to Likhachev, 45 Russian personnel are currently at the Bushehr site, with about 30 more preparing to arrive. As planned, the number of Russian personnel on site will increase to 100 by September, mainly including construction project managers and supervision staff. While advancing existing projects, Russia and Iran are discussing new nuclear cooperation. Previously, the two sides had signed an agreement to build another large nuclear power plant...

2026-09-03

Uzbekistan Plans to Raise Localization Rate of Nuclear Power Project to Over 30%

Uzbekistan plans to improve the localization level of the integrated nuclear power plant project in the Jizzakh region, aiming to increase the share of domestically produced goods and equipment from the preliminary estimate of 21% to at least 30%. The project has a total investment of approximately $9.5 billion and is regarded by Uzbekistan as one of the important future sources of baseload electricity. President Shavkat Mirziyoyev stated during an inspection of the project construction site and the planned satellite city for nuclear industry personnel that the current localization rate still needs to be raised, and called for expanding the participation of domestic enterprises in equipment supply, engineering construction, and supporting infrastructure. Based on the total project investment, if the localization rate reaches 30%, the value of domestically supplied goods and equipment will be approximately $2.85 billion. If the localization rate reaches 30%, the value of domestically supplied goods and equipment will be approximately $2.85 billion.

2026-09-03

IAEA Launches Research Project on Edible Insects and Novel Food Safety

As demand for alternative protein sources grows, the International Atomic Energy Agency recently launched a five-year coordinated research project focusing on potential safety risks associated with the production, processing, and consumption of edible insects and other novel foods, while promoting the application of nuclear, isotopic, and related analytical techniques in food safety testing. Edible insects are gaining increasing attention. Data show that more than 2,000 species of edible insects are known globally, with approximately 2 billion people regularly consuming insects; at least 113 countries currently consume one or more insect species. In Africa, Asia, the Pacific region, and Latin America, insects have long been part of the diet for certain populations. As...

2026-09-03

Rosatom Plans to Discuss Floating Nuclear Power Plant Project with Indonesia

Alexey Likhachev, CEO of Rosatom, said on September 2 that the company will continue talks with the Indonesian side on the construction of small-scale nuclear power plants during the Eastern Economic Forum, with a key focus on cooperation in floating nuclear power plants. Likhachev noted that Indonesia's economy is growing rapidly, its population continues to expand, and electricity demand is rising accordingly, while the country has shown strong interest in developing nuclear energy. He believes that Indonesia's geography, consisting of numerous islands with a long coastline, makes floating nuclear power plants practically applicable. According to him, floating nuclear power plants are a key area of international cooperation that Rosatom is advancing...

2026-09-03

Verdera Energy to Sell 100% Interest in Treeline Uranium Project in New Mexico, USA

Verdera Energy Corp. recently announced that it has entered into a mineral property purchase and sale agreement with Americas Uranium Corp. to sell 100% of its interest in the Treeline uranium project located in New Mexico, USA, with the transaction remaining subject to related royalty arrangements. Under the agreement, Americas Uranium will acquire all interests in the Treeline mineral properties and related titles. The consideration includes US$100,000 in cash payable at closing, and Americas Uranium common shares totaling C$2 million payable in installments over 36 months following closing, with 90% of the share consideration to be paid in stages within that period. In addition, Verdera will retain a 1.5% net proceeds royalty on uranium from the project and a 1.5% net smelter returns royalty on other minerals produced from the project. The royalty can be reduced to 1.0% upon payment of C$400,000 to Verdera.

2026-09-03

Uzbekistan Proposes Joint Venture to Manage Nuclear Power Plant Construction Project

The press service of Uzbek President Shavkat Mirziyoyev announced that Uzbekistan has proposed establishing a joint venture to manage the construction of a domestic nuclear power plant with the participation of Russia's State Atomic Energy Corporation (Rosatom). On September 2, Mirziyoyev was briefed on the progress of the comprehensive nuclear power plant in the Jizzakh region and the construction of a supporting modern satellite city. According to the relevant arrangements, to improve project management, strengthen technical control, and conduct independent reviews of technical solutions, Uzbekistan plans to establish a joint venture in cooperation with leading foreign engineering companies. The statement also noted that the project will promote the alignment of relevant standards with Uzbekistan's national system, with plans to introduce approximately 100...

2026-09-03

Hiconics Signs Contract for Main Helium Circulator Variable Frequency Drive Project at Xuwei Nuclear Heating and Power Generation Plant

Recently, Hiconics signed a contract for the main helium circulator variable frequency drive (VFD) project for the high-temperature gas-cooled reactor (HTGR) at the Jiangsu Xuwei Nuclear Heating and Power Plant, and will supply multiple sets of HC2000W four-quadrant water-cooled high-voltage VFDs for the project. This marks the second application of Hiconics' VFD technology in drive scenarios for key equipment related to Generation IV nuclear power, following the HTGR demonstration project at Huaneng Shandong Shidao Bay Nuclear Power Plant. The Jiangsu Xuwei Nuclear Heating and Power Generation Project is a comprehensive nuclear energy utilization project that adopts a coordinated operation model of "nuclear reactor – turbine generator unit – heating system," focusing primarily on industrial heating while also supplying electricity. Phase I of the project plans to construct two Hualong One pressurized water reactors and one HTR-PM600S high-temperature gas-cooled reactor...

2026-09-02

XENONnT Dark Matter Detector Captures Faintest Solar Neutrino Signal Ever Observed

September 1 news - The XENONnT dark matter detection experiment at the Gran Sasso National Laboratory in Italy has achieved new progress. The XENON collaboration research team announced that the detector has captured low-energy solar neutrino collision signals never observed before, lowering the neutrino detection energy threshold to approximately 17 kiloelectron-volts (keV). The research team's analysis indicates that the probability of the signal being merely a statistical fluctuation is less than one in a million. Neutrinos are elementary particles with no electric charge and extremely small mass, which can be produced in processes such as nuclear fusion reactions in the solar core, supernova explosions, and nuclear fission in reactors. Due to the extremely weak interaction between neutrinos and matter, vast numbers of neutrinos can pass through the Earth, which also makes detection...

2026-09-02

Busan, South Korea Secures 2027 Budget Support; Export-Oriented Research Reactor and Other Projects Included in Government Proposal

Busan Metropolitan City recently announced that multiple national projects aligned with its core development goals have been included in the South Korean government's 2027 budget proposal, including the Gadeok Island New Airport, a new export-oriented research reactor, a heavy ion accelerator, as well as industrial projects such as port artificial intelligence, naval vessel maintenance, repair and overhaul, and power semiconductors. Under the budget arrangement, the Gadeok Island New Airport construction project has secured 431.1 billion KRW in support. To enhance maritime and logistics competitiveness, the budget proposal also includes 7.35 billion KRW for a demonstration project on autonomous port cargo handling equipment, 36.4 billion KRW to support shipbuilding and shipping cooperation, 5 billion KRW to strengthen the global competitiveness of small and medium-sized shipbuilders in naval vessel maintenance, repair and overhaul, and an additional 24.9 billion KRW allocated for the development of a fishery products industrial cluster.

2026-09-02

Amentum Selected for UK Grid Upgrade and Protection Projects

Amentum has announced that it has been selected by SSEN Transmission to undertake strategic roles under two UK energy framework agreements, providing digital and cybersecurity engineering services for UK grid upgrades. Under the arrangements, Amentum will serve as the sole supplier of high-end cybersecurity engineering services, contributing to the digitalization and security capability enhancement of the UK power grid. The services will focus on critical asset protection, digital capability expansion, operational data application, and security architecture development for grid operations. SSEN Transmission is the owner of the high-voltage transmission system in northern Scotland...

2026-09-02

Canadian Indigenous-led Transportable Nuclear Power Plant Project Planned for Early 2030s Operation

Pabineau First Nation, Eel River Bar First Nation, and Prodigy Clean Energy recently announced that they will advance an Indigenous-led new nuclear power project in Belledune, New Brunswick, Canada. Under the relevant exclusive agreements, the parties plan to deploy a full-size transportable nuclear power plant (TNPP) with a capacity of up to 50 megawatts within the traditional territories of Pabineau First Nation and Eel River Bar First Nation. The pilot project, intended to be owned by the First Nations, is primarily aimed at validating the logistics organization and op...

2026-09-02