CGN
Home > News > Press releases

CGN seeks opportunities at ITER business forum

2017-04-05

A delegation from the Design Institute and Construction Management Center of China Nuclear Power Engineering Co took part in the International Thermonuclear Experimental Reactor (ITER) Business Forum on March 28-30 in France.

During the three-day event, the delegation held one-on-one negotiations with potential partners in preparation for future ITER-related biddings. More than 420 international companies and organizations attended the meeting, including France's AREVA, EDF, Germany's Siemens and Japan's Hitachi.

Last year, a consortium led by the China Nuclear Power Engineering Co won the bid for a steam condenser (VST) design and supply project, which enabled the company to be the first and the only Chinese bid winner of an ITER project.

The ITER Business Forum is an annual gathering of leading international enterprises and organizations of the nuclear energy industry, and centers on showcasing progress and providing business opportunities. It is a good platform for participants to communicate with ITER decision-makers, international entrepreneurs and senior researchers and ITER employees.

Located in southern France’s Cadarache, the ITER Project is one of the world's largest and most influential international research cooperation projects with a total investment of 15 billion euros ($15.59 billion, as of 2015). Known as “artificial sun”, the construction will span more than ten years, aiming to develop large-scale controlled thermonuclear fusion reaction through a superconducting tokamak device.

The project will integrate the major scientific and technological achievements of controlled magnetic confinement fusion to build a fusion reactor that can realize large-scale fusion reactions, a key step of the history of controlled nuclear fusion research. It has received widespread attention and strong support from governments and scientific circles worldwide.