28/12/2016at 10:16

Nuclear plant crisis has Toshiba plummeting for second day in a row

Huge delays and expensive bills from US nuclear power plants have sent Toshiba into a massive nosedive.

BY RITZAU FINANS & SØREN SPRINGBORG

For the second day in a row, Japanese conglomerate Toshiba has seen a large price drop in its shares, while the company has come under fire following news that it risks billion-dollar losses on its US nuclear power plants.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Threat from Russia prompts Sweden to cancel 2.5 GW offshore wind farm
For subscribers
Vestas announces tiny order in South Korea
For subscribers
Dong's road to China is paved with obstacles
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Policy & Trading

New offshore wind plans see Danish government shut down all open-door projects

Only three of the controversial open-door projects will survive new offshore wind deal, backed by every party in the Danish Parliament.

For subscribers

Utilities

Ørsted won't have to resort to capital raise, say analysts before capital markets day

For subscribers

Renewables

Shell and Ocean Winds seek to terminate PPAs on US offshore wind

For subscribers

Renewables

Ørsted commits to recycling all solar panels

For subscribers

View of the Neom region in the northwestern part of Saudi Arabia. | Foto: Hamad I Mohammed/Reuters/Ritzau Scanpix

Renewables

Chinese OEM to make green hydrogen in Saudi Arabia

For subscribers

Leaks on the Nord Stream pipeline were first confirmed on Sept. 26 | Foto: Danish Defence Command/Reuters/Ritzau Scanpix

EnergyNews

US knew about Ukrainian plans to sabotage Nord Stream, says media

For subscribers

New offshore wind plans see Danish government shut down all open-door projects

Only three of the controversial open-door projects will survive new offshore wind deal, backed by every party in the Danish Parliament.

For subscribers

Utilities

Ørsted won't have to resort to capital raise, say analysts before capital markets day

Danske Bank expects the Danish utility to launch a new investment prognosis on around DKK 500bn spanning 2023 to 2030.

For subscribers

Renewables

Shell and Ocean Winds seek to terminate PPAs on US offshore wind

Surging prices and costs squeeze Southcoast Wind project to such an extent that developers now seek to rebid new contracts to ensure project viability.

For subscribers