UK engineering giant Rolls-Royce yesterday signed a memorandum of understanding with CGN, the Chinese nuclear reactor vendor.
The Rolls-Royce-CGN deal will open the way to collaboration in nuclear engineering support, the supply of emergency diesel generators and supply chain management, and comes just a day after Rolls-Royce inked a deal with CGN’s rival, SNPTC.
China is the world's biggest nuclear new build market and Rolls Royce said it already supplies 70 percent of China's operating nuclear plants.
Jason Smith, Rolls-Royce president, nuclear, said: “China represents one of the world’s largest civil nuclear markets in which Rolls-Royce has been supplying safety-critical technology and solutions for 20 years. I look forward to exploring how we can broaden our work together in our domestic and international markets.”