China : A China first: CGN wins the bid for ITER project.
The International Thermonuclear Experimental Reactor (ITER) Organization signed a contract for the design and supply of the ITER steam condenser with a consortium comprising China Nuclear Power Engineering Co Ltd and Suzhou Thvow Technology Limited Liability Company on Nov 7.
The steam condenser for the ITER project was procured through a worldwide open bidding process. The contract signing marks the first deal made by a Chinese enterprise on the ITER project.
By the recommendation of the ITER organization under Chinas Ministry of Science and Technology, China Nuclear Power Engineering Co Ltd took the lead to establish the consortium participating in the international bid in May.
Five months of thoughtful preparation preceded the bid. The consortium successfully passed the prequalification for the ITER and other relevant bidding documents before finally winning the bid, beating various strong competitors, including the US, Germany, France, Italy, Spain, Russia and India.
Based in southern Frances Cadarache, the ITER project is one of the most ambitious projects in the world. Altogether 35 nations jointly invested a total amount of 15 billion euros ($16.41 billion) in building the worlds largest tokamak, a Man-made sun, which is a magnetic fusion device that has been designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy.
The ITER will be the first fusion device to test the integrated technologies, materials, and physics protocols necessary for the commercial production of fusion-based electricity.
The project is crucial for connecting fusion research with application, for which governments and scientists have shown great value and support.
[c] 2016 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Nov 12, 2016|
|Previous Article:||United Kingdom : Economy Minister announces expansion at Dunmurry Pharmaceutical Company Fusion Antibodies Ltd.|
|Next Article:||Chile : ACCIONA begins the start-up of the biggest photovoltaic plant in Latin america, in Atacama (Chile).|