China greenlights more nuclear projects: China’s cabinet has approved five new nuclear power projects, Reuters reports, citing Chinese state news agency Xinhua. Among these is the first phase of the Jiangsu Xuwei project, developed by a subsidiary of China National Nuclear Power with a designed capacity of 2.86 GW. The project is currently in the preparation stage.

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China is bullish on nuclear power: The Chinese State Council approved six new nuclearreactors worth USD 17 bn last year. China’s nuclear generation portfolio is expected to continue expanding, on the back of Beijing approving 10 reactors in 2022. UAE state-owned Emirates Nuclear Energy Corporation also signed three MoUs with Chinese organizations as part of its target to source 6% of its energy needs from nuclear power by 2050.

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