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Candu Energy Inc. was created in 2011 when parent company SNC-Lavalin purchased the commercial reactor division of Atomic Energy of Canada Limited (AECL), along with the development and marketing rights to CANDU reactor technology. [1] [2] Candu Energy Inc. is located in Mississauga, Ontario, Canada. Candu Energy lists its main business lines as:
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
AECL developed the CANDU reactor technology starting in the 1950s, and in October 2011 licensed this technology to Candu Energy. AECL describes its goal as ensuring that "Canadians and the world receive energy, environmental and economic benefits from nuclear science and technology – with confidence that nuclear safety and security are assured".
CANDU Owners Group is a private, not-for-profit corporation funded voluntarily by CANDU operating utilities worldwide, Canadian Nuclear Laboratories (CNL) and supplier participants. It is dedicated to providing programs for cooperation, mutual assistance and exchange of information for the successful support, development, operation, maintenance ...
In 2007, Team CANDU, a consortium of Atomic Energy of Canada Limited, Babcock & Wilcox Canada, GE-Hitachi Nuclear Energy Canada Inc., Hitachi Canada Ltd and SNC-Lavalin Nuclear Limited [6] began a $2.5 million feasibility study regarding the installation of a new 1,100 MWe Advanced CANDU Reactor at Point Lepreau, to supply power to New England ...
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
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Canada's first nuclear power plant, a partnership between AECL and Hydro-Electric Power Commission of Ontario, went online in 1962 near the site of Chalk River Laboratories. This reactor, Nuclear Power Demonstration (NPD), was a demonstration of the CANDU reactor design, one of the world's safest and most successful nuclear reactors.