If utilities in Georgia or South Carolina decide not to complete nuclear power reactors under construction by Westinghouse Electric Co following its bankruptcy, those units would join a long list of abandoned U.S. nuclear projects.
The U.S. utilities that are clients of Toshiba Corp's nuclear power plant construction subsidiary, Westinghouse Electric Co LLC, have hired advisers to prepare for its potential bankruptcy, according to people familiar with the matter.
Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp , is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday.
TOKYO A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the judiciary has ruled the state has liability, Japanese media reported.
PARIS Creusot Forge, a supplier of nuclear plants around the world owned by France's Areva , is under investigation for making substandard parts and falsifying documents.
FRANKFURT German utility E.ON has sold parts of its German nuclear plant output at below market prices up to 2019, boding ill for earnings prospects in that segment, it showed in presentation slides ahead of a call with analysts on Wednesday.
SINGAPORE Japan's Toshiba Corp, presenting its plan to sustain the firm after a $6.3 billion writedown, identified a "Rebuilt Toshiba" as a maker of components and machinery that will exclude its once-core memory chips arm and problematic nuclear power business.
LONDON Subsidy costs for British offshore wind farms are likely to fall below that of new nuclear plants in next month's government auction, German firm Siemens' head of its British offshore wind turbines business told Reuters.
Westinghouse Electric Co LLC, the U.S. nuclear power plant developer owned by troubled Japanese electronics giant Toshiba Corp , has brought in bankruptcy attorneys from law firm Weil Gotshal & Manges LLP, people familiar with the matter said on Wednesday.
PINGTUNG, Taiwan On Pingtung jail's sunlit roof, prisoner no. 24 has a view of a brighter future. Ex-cop Chen, serving time for bribery, is learning how to install solar panels in a program that's part of Taiwan's shimmering vision of a future without nuclear power.