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Tag: Lucrative

Darlington Nuclear Plant Will Get a BWRX-300 SMR as GE Hitachi Bags Lucrative OPG Selection

December 3, 2021
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| Industry News

Ontario Power Generation (OPG) will build a GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) at its Darlington Nuclear Station in Clarington, Ontario, marking a major triumph for the nuclear vendor in a stiff competition for the much-watched utility-scale project.

OPG announced the selection of the GE Hitachi BWRX-300 SMR over competitors X-energy and Terrestrial Energy in a live stream on Dec. 2. The utility said it will now work with GE Hitachi on the SMR engineering, design, planning, preparing the licensing and permitting materials, and performing site preparation activities. The companies are targeting a “mutual goal of constructing Canada’s first commercial, grid-scale SMR, projected to be completed as early as 2028.”

Site preparation, which will include “installation of the necessary construction services,” is slated to begin in the spring of 2022, pending appropriate approvals. OPG additionally said it will apply to the Canadian Nuclear Safety Commission (CNSC) for a License to Construct the SMR by the end of 2022.…

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How to get a lucrative job in cybersecurity – BBC News

July 6, 2021
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| Energy Jobs

How to get a lucrative job in cybersecurity  BBC News
“job” – Google News…

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GE Power Sells Lucrative Water & Process Technologies Division to SUEZ in $3.4B Deal

October 2, 2017
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Less than a week after GE struck a $ 2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $ 3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ.

The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and process systems solutions, was completed on September 30 but announced on October 2. According to GE and SUEZ, the division manned by 7,500 employees generated about $ 2.1 billion in revenues for GE in 2016. Today’s announcement, on the heels of last week’s GE-ABB deal, is part of the company’s transition under new CEO John Flannery.

According to Russell Stokes, who replaced Steve Bolze as president and CEO of GE Power in July, the sale of GE Water & Process Technologies is the “next step in GE Power’s business strategy and portfolio transformation.”

Bolze, whose final day at GE was September 30, announced his retirement from GE this June after he lost out to Flannery as successor to CEO Jeff Immelt.…

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