cross-posted from: https://lemmy.sdf.org/post/31843131
A financing kick-off meeting has been held for the first phase of the Xuwei nuclear power project in Lianyungang, Jiangsu province, China National Nuclear Corporation [CNCC] announced. The plant will supply both industrial heating and electricity by coupling a high-temperature gas-cooled reactor with two pressurised water reactors.
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The meeting was attended by representatives of CNNC, CNNC Finance Company, CNNC Jiangsu Energy and Jiangsu Nuclear Power, as well as relevant leaders of banks and financial institutions, including China Development Bank, China Export-Import Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Postal Savings Bank, China Merchants Bank, and China CITIC Bank.
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[The nuclear project] Xuwei Phase I was among 11 reactors approved by China’s State Council in August last year. CNNC plans to build two 1208 MWe (net) Hualong One units and one 660 MWe high-temperature gas-cooled reactor (HTGR) unit at the site. The project will be equipped with a steam heat exchange station, which will adopt the heat-to-electricity operation mode for the first time.