The energy giant didn’t, however, say if any of the reactors will have to be halted

The European Commission has approved the French Government’s plans to provide nuclear group Areva with €4.5 billion (£3.9bn) as part of its restructuring plan. The payment of the state aid is subject to conditions, in particular a “positive conclusion” of the ongoing tests by the French Nuclear Safety Agency concerning the nuclear reactor vessel of […]

Finnish utility Teollisuuden Voima (TVO) has launched legal action against French state-controlled nuclear giant Areva. The Finish firm wants assurance of no further delays at its Olkiluoto 3 (OL3) EPR nuclear reactor in Finland. The project has faced numerous delays and is therefore behind its original schedule but TVO wants to ensure it is ready […]

EDF is to buy a majority share in a nuclear reactor business owned by French firm AREVA. The energy company plans to buy between 51% and 75% of AREVA NP. AREVA said it would sell at least 75% for €2 billion (£1.4bn). AREVA expects the transaction to be completed in 2016 following regulatory approvals. The […]

AREVA has temporarily reduced its activities at a nuclear power plant in Rio de Janeiro, Brazil. This is due to delays in securing financing for Eletrobrás Eletronuclear’s (ETN) Angra 3 project, the company said. The Angra nuclear power plant consists of two pressurised water reactors, Angra 1 and Angra 2; Angra 3 is the third […]

Engineering and energy giants Gamesa and Areva have joined forces to launch a new offshore wind company. Called Adwen, the joint venture will be responsible for the design, manufacturing, installation, commissioning and services of offshore wind turbines. The new company aims to start supplying an 8MW turbine in 2018 – expected to be a “market […]

French nuclear power plant builder AREVA has won a contract to construct a 150MW biomass facility in Brazil. The Campo Grande power plant, located in the north-eastern state of Bahia, will be the largest biomass facility in the country, the firm said. AREVA gas signed a contract with Brazilian utility BOLT Energias, under which it […]

Turbine manufacturers AREVA and Gamesa have joined forces to create a new offshore wind company with plans to become a “leading player” in the sector. They have signed agreements for the joint venture (JV), aiming to secure close to 20% of the European market share by 2020 as well as deliver 2.8GW of capacity. The […]

The Chinese Premier is expected to sign a deal for China’s investment in a new British nuclear power plant this week. ELN understands China’s senior politician, Li Keqiang, who is in the UK for a state visit with Prime Minister David Cameron is likely to put pen to paper on Anglo-Chinese nuclear co-operation. This could […]

French firms AREVA and Schneider Electric have joined forces to spur the development of energy storage technologies. They will combine their expertise to create storage solutions that improve the reliability of electricity grids in isolated sites and areas where access to power is limited. It will be based on AREVA’s existing ‘Greenergy Box’ (pictured) which […]