CGN

Wood Group has won a contract to provide technical assistance for a nuclear power project in the UK. It is supporting General Nuclear System (GNS) Limited, a joint venture between EDF Energy and China General Nuclear Power Corporation (CGN) as it seeks preliminary regulatory assessment of a reactor proposed for Bradwell in Essex. The Office […]

A Chinese nuclear energy developer is exploring a bid to invest in a nuclear power station under construction in Cumbria. CGN, which already owns a large stake in the Hinkley Point C facility, hopes to buy an equity stake in Toshiba’s 3.4GW NuGen Moorside project. A CGN spokesperson said: “CGN has accepted the invitation to […]

The UK Government has asked nuclear regulators to assess a Chinese-designed reactor for a proposed plant in Britain. Industry and Energy Minister Jesse Norman made the announcement yesterday for a Generic Design Assessment (GDA) of the UK HPR1000 reactor. China General Nuclear Power Corporation (CGN) and France’s EDF submitted an application through their joint venture […]

The final deal for the construction of Hinkley Point C has been signed today. The UK Government, EDF and CGN have signed the contract in a ceremony in London following Theresa May’s decision to green light the £18 billion nuclear project after she reviewed it. According to Business, Industrial and Energy Secretary Greg Clark, the […]

The Chinese firm which is going to invest £6 billion in Hinkley Point is facing charges of nuclear espionage in the US. It has been alleged that China General Nuclear Power (CGN) tried to steal the country’s nuclear technology secrets. The news follows UK’s Government announcement in July to delay the nuclear project in Somerset. CGN will […]

EDF and its Chinese partner will put aside an additional £3 billion in case of emergencies during the building and running of Hinkley Point C. An EDF spokesperson said the money was needed “if something extreme happens” but didn’t elaborate on what that might be. Initally the French energy giant said it would provide £12 […]

The proposed partnership between EDF and China’s CGN for nuclear projects in the UK has been given the green light by the European Commission. It includes the Hinkley Point C project which will be Britain’s first nuclear power plant in decades, with a projected cost of £18 billion. EDF said the news is a “positive […]

China is to invest £6 billion to build a new nuclear power station at Hinkley Point in the UK. EDF Energy, which is developing the project, signed an agreement with China General Nuclear Power Corporation (CGN) for two reactors in Somerset. Prime Minister David Cameron and Chinese President Xi Jinping, who is currently in the […]

EDF Energy’s renewable arm today sold a majority stake of three UK onshore wind farms to a Chinese nuclear energy company, China General Nuclear Power Corporation (CGN). It did not reveal how much money changed hands in the deal, citing commercial confidentiality. The UK energy firm’s French parent company, EDF, has worked with CGN for three decades […]

The “strike price” payment for Britain’s new nuclear power station is a bargain, the chief executive of the company set to build Hinkley Point C suggested today. This morning the Government and EDF shook hands on a guaranteed price for power from the plant. At £92.50 – possibly dropping to £89.50 under the condition EDF […]