It's A Start........Toshiba wins US nuclear plant projects
1 day ago
TOKYO (AFP) — Japan's Toshiba Corp. said Wednesday it had won a contract to build two nuclear plants in the United States that are scheduled to start generating power in 2016.
It is the first such contract a Japanese company has won overseas, covering the projects entirely from engineering and procurement to construction of the nuclear plants, the company said.
Under the contract, Toshiba America Nuclear Energy Corp., a US-based Toshiba subsidiary, will build two Advanced Boiling Water Reactor (ABWR) nuclear power plants in Texas.
The plants, the first ABWRs to be constructed in the United States, will have an output of approximately 1,400 megawatts each, the company said.
Toshiba, which bought Westinghouse Electric from British Nuclear Fuels in 2006, is investing heavily to expand its nuclear power business overseas.
"We look forward to ... establishing the ABWR as a key power generation option in the US," said Toshiba vice president Yasuharu Igarashi in a statement.