Hyundai tops other bidders to build Bulgarian reactors

February 26, 2024, 9:30AMNuclear News
Bulgaria’s Kozloduy nuclear power plant. (Photo: Gogo89873)

Bulgaria has shortlisted South Korea’s Hyundai Engineering and Construction team to build new reactors at Kozloduy nuclear power plant.

Of the five international companies to bid on the project, Hyundai E&C was the only one that met the requirements of project company Kozloduy NPP—New Builds Plc. for the commissioning and construction of two new Westinghouse Electric AP1000 reactors, the Bulgarian firm said. Bids were due February 2.

Holtec deepens relationship with South Korea for SMR deployment

May 4, 2023, 12:01PMNuclear News
From left: Hyundai E&C president and CEO Young-joon Yoon, Holtec president and CEO Kris Singh, South Korean minister of trade, industry and energy Chang-yang Lee, and K-Sure president and chairman Inho Lee. (Photo: Holtec)

Two South Korean financial institutions—the Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM)—have signed pacts with Holtec International and Hyundai Engineering & Construction (a Hyundai Motor Group subsidiary) to provide support to Holtec’s SMR-160 projects around the world, the American firm announced on May 2.

Holtec, Hyundai launch accelerated program to complete SMR plant design

October 24, 2022, 9:16AMNuclear News
Kris Singh (left), president and CEO of Holtec International, and Young-Joon Yoon, president and CEO of Hyundai E&C. (Photo: Holtec International)

Holtec International and Hyundai Engineering & Construction (a Hyundai Motor Group subsidiary) have signed an accord to accelerate the completion of Holtec’s SMR-160 small modular reactor development program, as well as to collaborate on diverse clean energy technologies.

Westinghouse, Hyundai E&C ink nuclear projects pact

May 26, 2022, 7:00AMNuclear News
The world's first AP1000 reactors to enter operation, Sanmen units 1 and 2, in China. (Image: Westinghouse Inc.)

Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction have signed an agreement to “jointly participate in global AP1000 plant opportunities,” the Pennsylvania-based nuclear technology firm announced on May 24.

Holtec and Hyundai to cooperate on D&D projects

March 30, 2022, 3:07PMRadwaste Solutions
Holtec president and chief executive officer Kris Singh (left) and Hyundai E&C president and CEO Yoon Young-Joon at the teaming agreement signing ceremony. (Photo: Holtec)

Holtec International and Hyundai Engineering & Construction have signed an agreement to cooperate in the area of nuclear plant decontamination and decommissioning.

Under the teaming agreement, Hyundai E&C will participate in D&D activities at Holtec-owned decommissioning sites in the United States to build its capabilities and experience in preparation for decommissioning projects in South Korea, which will be undertaken by the two companies. The agreement also provides for the two companies to further expand their cooperation internationally.