Close nuclear ties will benefit China
By Lyu Chang | China Daily | Updated: 2015-10-22 07:40
Exporting homegrown nuclear reactors will no longer be out of reach, as Chinese nuclear powerhouses sealed deals to invest in what will be the first nuclear power plant in the United Kingdom in a generation on Wednesday, providing a foundation for future nuclear cooperation.
Chinese companies, led by China General Nuclear Power Corp, will hold 33.5 percent of shares of Hinkley Point C facility on Britain's northern Somerset coast through an investment from its British company called General Nuclear International, according to a statement by CGN.
The project - a two-reactor, 3.2-GW station - will be built by French power giant Electricite de France SA and the Chinese consortium.
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