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Growing Nuclear Energy Activities Attract Company To China
January 25, 2008 |
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The Nuclear Division of the Shaw Power Group has opened a new office in Shanghai to support the rapidly growing Chinese nuclear power marketplace and to accommodate its management team already working on four AP1000 nuclear reactors at power plants in Sanmen and Haiyang.
"We are extremely pleased to expand our China operations," said Richard F. Gill, president of Shaw's Power Group, in a press statement. "Having a significant presence in both Beijing and Shanghai will allow us to serve our customers more efficiently, facilitate the successful execution of our existing nuclear power projects in China and strengthen our position for future projects and services in the world's fastest-growing economy."
Shaw selected Shanghai as the location for its newest office to establish and grow a strong presence in the business center of China. The location also will facilitate close interaction with the Shanghai Nuclear Engineering Research and Design Institute, which is the premier nuclear design institute in China and provides important engineering services to the Consortium. Shaw will maintain its well-established Beijing office to continue providing business development services for the nuclear, fossil and process industries in China.
Shaw and Westinghouse Electric Company, its AP1000 Consortium partner, signed contracts in July 2007 to provide services and equipment for two AP1000 nuclear reactors in Sanmen and two reactors in Haiyang. China has indicated plans to build as many as 30 new nuclear reactors by 2020.
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