Candu Energy to build nuclear reactors in RomaniaStaff writer ▼ | July 26, 2014
Candu Energy, an SNC-Lavalin company, signed a binding and exclusive cooperation agreement with China Nuclear Power Engineering Company for the construction of CANDU Units 3 and 4 at the Cernavoda Nuclear Power Plant in Romania.
Nuclear energy SNC-Lavalin to cooperate with a Chinese company
This agreement follows a letter of intent signed by CNPEC’s parent company China General Nuclear Power Group (CGN) and Romanian utility Societatea Nationala Nuclearelectrica (SNN) in November 2013 for investment in and development of two additional nuclear units at the Cernavoda site.
CANDU nuclear technology has an established presence in China, with two 700 megawatt CANDU reactors at Qinshan Phase III, located southwest of Shanghai. Completed in 2003, the Qinshan units are among the best performing nuclear units in China with lifetime capacity factors of over 91 per cent.
Candu Energy is pursuing other international new build opportunities in the United Kingdom and China, among other markets. ■