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Toshiba Corp.

1-1, Shibaura 1-chome

Telephone : +81-3-3457-4511
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Article archive for Toshiba Corp.;

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Toshiba's UK withdrawal puts Cumbria nuclear plant in doubt 08 November 2018

Toshiba plans to wind up its UK nuclear business after failing to find a buyer, dealing a potentially fatal blow to plans for a new nuclear power station in Cumbria. The Japanese engineering giant said it would take a 18.8bn Japanese yen (£125m) hit from closing its NuGen subsidiary, which was to have built a nuclear power station at Moorside near Sellafield in Cumbria. ...

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Future of UK's Moorside nuclear project in question as Toshiba's French partner backs out 05 April 2017

Toshiba has been forced to buy out the French utility Engie from a project to build three nuclear reactors in Moorside, northwest England, adding to uncertainty over the project. Engie said on April 4 it was exercising its right to sell its 40% stake in the NuGen venture to Toshiba following the bankruptcy of the Japanese firm’s Westinghouse nuclear power plant business. ...

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Toshiba nuclear unit Westinghouse files for bankruptcy protection 29 March 2017

Toshiba's Westinghouse Electric (WE) US nuclear division, which was set to provide the reactors for a new power plant in the UK, has filed for bankruptcy protection from creditors. The Japanese group, part of the joint venture behind the Moorside power station project in Cumbria, admitted the financial crisis at WE left the supply of its technology "uncertain", although Toshiba said it remained committed to the project. ...

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South Korean nuclear group in talks to join UK’s NuGen newbuild project 13 September 2016

South Korea's state-backed nuclear group Korea Electric Power Corporation (KEPCO) is in talks to join the £10bn NuGen project to build three nuclear reactors at Moorside in Cumbria. The venture is currently 60% owned by Japan's Toshiba, which plans to use its Westinghouse reactor technology, and 40% by France's Engie, formerly GDF Suez....

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NuGen acquires land in NW England for Moorside nuclear project 17 July 2015

NuGeneration Limited (NuGen) and the UK's Nuclear Decommissioning Authority (NDA) have signed a contract to transfer land near the Sellafield site in Cumbria for NuGen's planned Moorside nuclear power plant. According to the Cumbria News and Star, feasibility studies at Moorside confirmed the site was suitable for the construction of three reactors....

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News Extra - UK agrees finance guarantee deal for Moorside nuclear project 17 December 2014

The UK Government  said in early December it had agreed to provide a financial guarantee to help fund the development of Europe's largest nuclear power project, in northwest England. The 3.4-gigawatt Moorside project, a joint venture between Japan's Toshiba and France's GDF Suez, could provide nearly 7% of Britain's projected electricity needs and create up to 21,000 jobs, the companies say. ...

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Toshiba announces UK nuclear deal 15 January 2014

Toshiba Corp of Japan has agreed to buy 60% of the NuGen UK nuclear joint venture between GDF Suez of France and Spain's Iberdrola for £102m. The deal involves the construction by Toshiba's Westinghouse subsidiary of three AP1000 nuclear reactors with a combined capacity of 3.4 gigawatts (GW) at the Moorside site in West Cumbria, next to the Sellafield nuclear complex....