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. Its NuGen division was behind ...

Toshiba constructs nuclear, thermal, hydro and other types of power plants, and provides maintenance and inspection services for them. While Toshiba will not accept more orders for coal plants ...

Toshiba was looking to profit from a global nuclear power revival when it paid $5.4 billion for Westinghouse Electric in 2006. Instead, cost overruns and missed deadlines threaten to sink the ...

China’s General Nuclear Power Corporation (CGN ... confirmed on Thursday it had frozen plans for a US$ 16bn plant in Wales, while Toshiba Corp scrapped its British NuGen project last year.

On top of that, Toshiba has pulled out of the nuclear ... The construction of nuclear power plants is booming in China to meet soaring domestic demand for electricity. This boom, in turn, drives ...

Toshiba's troubled nuclear division ... had a strong market position "as the largest service provider to nuclear power plants worldwide". It also noted that most of the firm's profits came ...

Technology for integrated control of storage batteries and negawatt technology on the Toshiba Internet of Things platform will be a big step toward the practical use of virtual power plants ...

In 2017, its United States nuclear plant subsidiary went bankrupt, which led to debt exceeding assets that year. Toshiba bought US nuclear power business Westinghouse Electric in 2006, but it went ...

Toshiba Corp. accepted a buyout offer from ... Then its subsidiary Westinghouse Electric Co., its U.S. nuclear power plant unit, went bankrupt in 2017. The company was crushed by debt and decided ...

That number has stayed mostly flat — or possibly declined — as nuclear power plants shut down in recent ... owned by the Japanese industrial giant Toshiba — filed for bankruptcy amid ...