European Pressurized Reactor - Taishan 1 & 2

Taishan 1 & 2

In 2006, there was a bidding in process to build four new EPR reactors in China, Areva SA lost this bid in favor Westinghouse Electric Company to build four AP1000 reactors, because of its refusal to transfer the expertise and knowledge to China. In February 2007 Areva won another deal, worth about € 5 billion, for two other nuclear reactors located in Taishan, Guangdong Province in southern China in spite of sticking to its previous conditions. The local partner for this project is the China Guangdong Nuclear Power Company. In November 2007, French president Nicolas Sarkozy signed a $12 billion deal that will allow the third and fourth EPR units to be constructed in China.