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Toshiba to quit its leading role in UK’S Moorside nuclear station

The UK’s plan to build Europe’s largest nuclear power plant could be scrapped after Japan's Toshiba Corp, which is developing the project with France's Engie, admitted it would have to take billions of pounds' worth of write-downs in its nuclear business and said it would scale back its overseas ambitions.

read more... 15/02/2017

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Japanese companies take 10% stake in new Areva

Two Japanese companies decided to acquire a combined 10 percent stake in the new firm being separated from Areva for 500 million euros ($538 million) on Friday, helping a state-backed rescue of the French nuclear group.

read more... 06/02/2017

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German power giants entitled for compensation after accelerated nuclear shutdown

Germany's Federal Constitutional Court ruled Tuesday that the government must compensate utilities as it hastened the closure of nuclear power in the country aftermath Japan’s Fukushima disaster in 2011.

read more... 07/12/2016

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Tokyo Gas inks location swap agreement with UK's Centrica

Japanese gas provider Tokyo Gas Co declared on Monday it has inked a memorandum of understanding with British utility Centrica for a location swap of liquefied natural gas (LNG) to reduce transportation costs.

read more... 22/11/2016

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Japan-India nuclear cooperation deal inked

The prime ministers of India and Japan have saluted the signature of a nuclear cooperation deal between the two nations. Narendra Modi and Shinzo Abe declared the accord reflects a new level of reciprocal confidence and strategic partnership for renewable energy, economic growth and a peaceful and secure world.

read more... 14/11/2016

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