Hinkley deal to strengthen China nuclear supply chain

nuclear-energy-insider 200The United Kingdom’s $26bn deal to build Hinkley Point C, a two-reactor, 3.2 gigawatt station led by French energy giant EDF, is expected to lift the China nuclear energy establishment, according to analysts.

The two China’s state-owned China General Nuclear Power Corp (CGN) and China National Nuclear Corp (CNNC) will have a 30 to 40 per cent stake between them in the project, which leads the way for Chinese firms to take majority stakes in nuclear power projects in the future.

You can read the Nuclear Energy Insider article here.

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