Toshiba, Westinghouse and Exelon Nuclear Partners (ENP), the largest nuclear power fleet operator in the US, have signed a memorandum of understanding (MoU) to create a joint proposal for the construction of nuclear power plants for King Abdullah City for Atomic and Renewable Energy (K.A.CARE), the government body established to develop alternative energy sources in Saudi Arabia. Toshiba and Westinghouse will provide world-leading nuclear expertise related to their advanced reactors. ENP will provide operations and associated services for the project.
Toshiba and ENP were partners in an earlier team formed in July 2010. The new partnership, adding Westinghouse, will be strengthened by its ability to draw on Westinghouse's AP1000 plant technology and engineering expertise, and will target winning multiple orders for nuclear power plants in Saudi Arabia. Interest in nuclear power is rising in Saudi Arabia. K.A.CARE was established in April 2010 to promote alternative energy sources to oil, and the country plans to construct as many as 16 nuclear power reactors by 2032.
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