• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Ghana Signs Agreement to Build Small NuScale Nuclear Reactor

1 year ago
in Economy, Energy, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
116
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

Ghana Signs Agreement to Build Small NuScale Nuclear Reactor

Ghana on Thursday signed an agreement with a U.S. developer for a nuclear reactor using technology from NuScale Power the U.S. State Department said on Thursday, as the country seeks its first atomic power plant.
Nuclear Power Ghana and Regnum Technology Group signed the agreement to deploy a NuScale VOYGR-12 small modular reactor, or SMR, at a U.S.-Africa nuclear energy summit in Nairobi.
SMRs are smaller than today’s reactors and can be built in a factory. But there are lingering questions about whether they will ever be widespread commercially.

WHY IT IS IMPORTANT

The U.S. is looking to promote technologies it considers to be clean energy and sell them to developing countries. The administration of President Joe Biden believes that nuclear energy, which generates power virtually emissions free, is critical in the fight against climate change.
Nuclear power, on the other hand, produces long-lasting nuclear waste. NuScale is the only company with a license to build a U.S. SMR. Last year it canceled its only project in the U.S. amid rising costs.

WHO WAS VYING TO SIGN WITH GHANA?

Other contenders for the plant included France’s EDF, and China National Nuclear Corporation, an energy ministry official in Ghana said in May.
South Korea’s Kepco and its subsidiary Korea Hydro Nuclear Power Corporation, as well as Russia’s ROSATOM were also competing for the contract expected to span the next decade, the official said at the time.
“Ghana and many other African countries are pursuing nuclear energy to achieve their economic development, energy security, and decarbonization goals,” said Aleshia Duncan, deputy assistant secretary for international cooperation at the U.S. Department of Energy. “It’s imperative that the United States remain a strong and engaged partner, offering technical expertise and resources to ensure the successful deployment of nuclear energy across the continent.”
Source: reuters
Via: norvanreports
Tags: atomic power plantghanaGhana Signs Agreement to Build Small NuScale Nuclear Reactornuclear powerNuScale Nuclear Reactor
No Result
View All Result

Highlights

Cristiano Ronaldo Becomes Football’s First Billionaire Player

World Bank Raises Ghana’s 2025 Growth Forecast to 4.3% Amid Stronger Economic Recovery

Nigeria Eyes Debut Global Sukuk, New Loans to Raise Total of $2.8bn

GSS to Produce Regional and District GDP Figures from 2026

Africa’s Refining Capacity Expands as Uganda’s $4 Billion Oil Refinery Nears 2030 Start

Global Miners Raked in $700bn in 2024 Despite Rising Pressures

Trending

Business

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

October 8, 2025

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring  The legal framework surrounding private-sector-owned sovereign debt has proven...

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

October 8, 2025

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

October 8, 2025

Cristiano Ronaldo Becomes Football’s First Billionaire Player

October 8, 2025

World Bank Raises Ghana’s 2025 Growth Forecast to 4.3% Amid Stronger Economic Recovery

October 8, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.