China National Nuclear Power launches $150m JV to build floating nuclear plant

Plans for a a floating nuclear power plant. Credit: Wikimedia Commons.

State-owned enterprise China National Nuclear Power is establishing a new joint venture (JV) company with registered capital of RMB one billion ($150 million) in collaboration with Zhejiang Zheneng Electric Power, Shanghai Guosheng Group, Jiangnan Shipyard and Shanghai Electric to build a floating nucler power station.

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