Oct 10 (Reuters) - Nuclear power company Westinghouse
Electric and Seaspan ULC said on Thursday they have signed a
memorandum of understanding to help expand nuclear projects in
Canada and around the world.
With nuclear power garnering renewed interest as a cleaner
energy source, countries such as Italy, United Kingdom, China
and the United States are looking into nuclear technology firms
such as Westinghouse to meet their carbon emission goals.
Westinghouse said Seaspan, which provides services such as
shipbuilding and maintenance, has the potential to manufacture
key components, including pipe spools and steel structures, used
in its nuclear reactors.
Seaspan's experience in delivering complex manufacturing
projects aligns well with the requirements of large-scale
capital projects such as nuclear reactors, Westinghouse said in
a statement.
Westinghouse, which is backed by Cameco ( CCJ ) and
Brookfield Renewable Partners, said the deal strengthens its
commitment to further develop Canada's nuclear supply chain to
support its global fleet of advanced reactors.
The company develops the AP1000 reactor technology and the
AP300 small modular reactors, which are smaller-sized nuclear
reactors touted as being more cost-effective and quicker to
deploy than the full-sized models.