Areva have agreed to pay $554m to Finland’s Teollisuuden Voima (TVO) for cost overruns and delays at the Olkiluoto nuclear reactor it is building with Germany’s Siemens.
An EDF board member has opted to resign ahead of a vote expected today on whether to go ahead with the Hinkley Point C nuclear power project in England.
EDF is to consider a final investment decision on the Hinkley Point C nuclear power project next week.
French offshore wind partnership Adwen and Danish wind OEM LM Wind Power have unveiled the world’s longest wind turbine blade.
The French premier François Hollande says that he still wants to see the EDF-backed Hinkley Point C nuclear power project go ahead despite the difficulties the development is having in getting off the ground.