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Siemens, Gamesa to create largest wind farm business

Siemens, Gamesa to create largest wind farm business

Germany's Siemens and Spain's Gamesa announced plans to create the world's biggest builder of windfarms on Friday, seeking to combine their respective strengths in offshore wind power and developing markets.

'Unsafe' nuclear waste ship heads for Australia

'Unsafe' nuclear waste ship heads for Australia

The 25 tonnes of nuclear waste comes from Areva's reprocessing plant in Beaumont-Hague, near the port of Cherbourg, from where the ship set sail on Thursday.

France seeking Asian investors for Areva-EDF reactor unit

France on Monday shed light on its plans to revamp troubled nuclear group Areva, including injecting 2.5 billion euros (USD 2.9 billion) in cash and selling a third of the reactor unit to an Asian investor.

L&T, Areva sign MoU for cooperation on Jaitapur nuclear plant

The MoU with Areva represents a major step forward for L&T in pressurised water reactor technology, it said.

Siemens seen making formal Alstom bid as early as this week

Germany`s Siemens is working on a formal asset-swap offer for Alstom`s power business that could come as early as this week and see France take a stake in a resulting rail-focused French group, sources close to the talks told Reuters.

India close to signing commercial pact with Areva: R K Sinha

India may sign a commercial pact with French power major Areva for building two nuclear power reactors at Jaitapur in Maharashtra during the visit of French President Francois Hollande here next month.