US based Exelon Nuclear Partners has signed a Memorandum of Cooperation (MOC) with CNNC Nuclear Power Company (CNNP) to provide service support to CNNP’s nuclear power operations in China.
This MOC is the beginning of a long-term cooperation between the two companies and more agreements are anticipated for service support by 30 June 2011.
Exelon Nuclear Partners president and CEO Thomas Mundy said China is a vital market for Exelon’s global ambitions as the country is at present investing a considerable amount in nuclear energy.
"This Memorandum of Cooperation with CNNP places us in a position to be a preferred service provider helping CNNP and China to achieve their safe and reliable renewable energy goals and nuclear development plans," Mundy said.