Candu

Looming Strike Deadline Threatens Critical Phase of Romanian Cernavodă Nuclear Refurbishments

Retrieved on: 
Tuesday, May 24, 2022

Additionally, Cernavod Unit 1 is in the middle of a planned maintenance outage.

Key Points: 
  • Additionally, Cernavod Unit 1 is in the middle of a planned maintenance outage.
  • SPEA members are currently on-site performing critical maintenance activities that could be stopped if there were a strike or lockout.
  • The two current reactors at Cernavod will need to be powered down for multi-year refurbishments, while work on building two additional units takes place.
  • To meet its climate change commitments, Romania has recognized that nuclear is a safe, reliable, and clean energy solution.

Cameco, GE Hitachi and Global Nuclear Fuel to Examine Potential Collaboration to Support BWRX-300 Small Modular Reactor Deployment

Retrieved on: 
Wednesday, July 7, 2021

Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors.

Key Points: 
  • Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors.
  • Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors.
  • Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry.
  • Global Nuclear Fuel (GNF) is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services.

Westinghouse Completes Acquisition of Laveer Engineering

Retrieved on: 
Tuesday, June 1, 2021

CRANBERRY TOWNSHIP, Pa., June 1, 2021 /PRNewswire/ -- Westinghouse Electric Company completed the acquisition of Laveer Engineering, a Canadian-based provider of custom tooling and solutions.

Key Points: 
  • CRANBERRY TOWNSHIP, Pa., June 1, 2021 /PRNewswire/ -- Westinghouse Electric Company completed the acquisition of Laveer Engineering, a Canadian-based provider of custom tooling and solutions.
  • The acquisition will further expand Westinghouse's CANDU capabilities, particularly in outage maintenance services.
  • Westinghouse Electric Companyis the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world.
  • Westinghouse supplied the world's first commercial pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants.

Westinghouse Completes Acquisition of Laveer Engineering

Retrieved on: 
Tuesday, June 1, 2021

CRANBERRY TOWNSHIP, Pa., June 1, 2021 /PRNewswire/ -- Westinghouse Electric Company completed the acquisition of Laveer Engineering, a Canadian-based provider of custom tooling and solutions.

Key Points: 
  • CRANBERRY TOWNSHIP, Pa., June 1, 2021 /PRNewswire/ -- Westinghouse Electric Company completed the acquisition of Laveer Engineering, a Canadian-based provider of custom tooling and solutions.
  • The acquisition will further expand Westinghouse's CANDU capabilities, particularly in outage maintenance services.
  • Westinghouse Electric Companyis the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world.
  • Westinghouse supplied the world's first commercial pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants.

Westinghouse Grows CANDU Capabilities

Retrieved on: 
Monday, May 3, 2021

The acquisition will further expand Westinghouse\'s CANDU capabilities, enabling the company to deploy its expertise to CANDU reactor operators worldwide.

Key Points: 
  • The acquisition will further expand Westinghouse\'s CANDU capabilities, enabling the company to deploy its expertise to CANDU reactor operators worldwide.
  • It also brings a unique combination of tooling and nuclear plant design to Westinghouse customers.\n"We are always looking to bring our customers the most innovative and customized solutions," said Patrick Fragman, Westinghouse President and Chief Executive Officer.
  • I look forward to our future as part of Westinghouse, and I am excited to see what we can accomplish together.
  • Westinghouse supplied the world\'s first commercial pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world\'s operating nuclear plants.

SPEA: Nuclear Most Profitable Segment in SNC-Lavalin Earnings Report

Retrieved on: 
Tuesday, March 9, 2021

MISSISSAUGA, Ontario, March 09, 2021 (GLOBE NEWSWIRE) -- Today, SNC-Lavalin announced that its nuclear business was the most profitable segment within its portfolio, accounting for 14.4% of total revenue for Q4.

Key Points: 
  • MISSISSAUGA, Ontario, March 09, 2021 (GLOBE NEWSWIRE) -- Today, SNC-Lavalin announced that its nuclear business was the most profitable segment within its portfolio, accounting for 14.4% of total revenue for Q4.
  • This coupled with strong future opportunities buoyed hopes for a nuclear renaissance for made-in-Canada CANDU technology.
  • Candu Energy is well positioned to take advantage of a low carbon economy that is fueled by nuclear energy, said Mark Chudak, President of the Society of Professional Engineers and Associates (SPEA).
  • CANDU technology has produced the safest nuclear energy globally since it was first introduced in the sixties.

Lightbridge Provides Business Update and Announces Second Quarter of 2020 Earnings Results

Retrieved on: 
Monday, August 10, 2020

RESTON, Va., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced financial results for the second quarter ended June 30, 2020, as well as the Company's corporate progress and other meaningful developments.

Key Points: 
  • RESTON, Va., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced financial results for the second quarter ended June 30, 2020, as well as the Company's corporate progress and other meaningful developments.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, We continue to execute in accordance with our strategy and vision for commercializing Lightbridge Fuel.
  • In the second quarter, we received a Decision to Grant from the Japan Patent Office (JPO) for a patent related to a Lightbridge metallic fuel assembly design for use in CANDU-type reactors.
  • The Company maintains a strong working capital position of $16.4 million at June 30, 2020 and has no debt.

Candu On-Demand Home Services Expands Markets and Trade Offerings, Giving Consumers Access to Convenient, Professional Repairs and More

Retrieved on: 
Tuesday, June 9, 2020

Homeowners in Denver and Dallas-Fort Worth can schedule repairs for all services except electrical, which is expected to launch later this month.

Key Points: 
  • Homeowners in Denver and Dallas-Fort Worth can schedule repairs for all services except electrical, which is expected to launch later this month.
  • Candu is uniquely designed to take the guesswork and hassle out of home repairs and maintenance.
  • All repairs performed under flat-fee pricing are backed by a six-month Candu Will Do Guarantee.
  • Unlike other on-demand home services which are essentially lead generation platforms that simply match consumers with potential service providers, Candu has a much broader mission.

SPEA to SNC-Lavalin Shareholders: Use Federal Programs to Avert Cuts

Retrieved on: 
Tuesday, May 5, 2020

SNC-Lavalin needs to make use of available federal support programs, like workshare, to avert or mitigate layoffs, said Denise Coombs, Staff Representative for SPEA.

Key Points: 
  • SNC-Lavalin needs to make use of available federal support programs, like workshare, to avert or mitigate layoffs, said Denise Coombs, Staff Representative for SPEA.
  • We remind the shareholders, quoting a line from the companys own releases, that people drive results, says Coombs.
  • As such, we invited shareholders to engage on questions of human capital management at Candu Energy over the coming weeks and months.
  • Candu Energy employees, represented by SPEA, support commercial nuclear reactors based on made-in-Canada CANDU technology.

Lightbridge Notified of Patent Grant from the Japan Patent Office for its Innovative Fuel

Retrieved on: 
Friday, May 1, 2020

RESTON, Va., May 01, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received a Decision to Grant from the Japan Patent Office (JPO) for Patent #2017-512054 related to a Lightbridge metallic fuel assembly design for use in CANDU-type reactors.

Key Points: 
  • RESTON, Va., May 01, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received a Decision to Grant from the Japan Patent Office (JPO) for Patent #2017-512054 related to a Lightbridge metallic fuel assembly design for use in CANDU-type reactors.
  • We have worked to expand our patent estate and will keep exploring opportunities in the CANDU fuel market.
  • Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States.
  • The Company is developing Lightbridge Fuel, a proprietary next-generation nuclear fuel technology for current and future reactors, which significantly enhances the economics, safety, and proliferation resistance of nuclear power.