Toshiba, IHI team nuclear steam turbine parts

Toshiba and IHI are to create a joint venture to build steam turbine parts for nuclear power plants.
Toshiba will market the products to customers when it offers its boiling water reactors and pressurized water reactors fabricated by its Westinghouse Electric unit in the US, Toshiba said in a statement, reported the Financial Times.
IHI will own 52 per cent of the venture, Toshiba IHI Power Systems, which will be based in Yokohama, near Tokyo. Toshiba will own the remainder.
For more nuclear news, click here

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...