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GE, Hitachi Team on Next-Gen Nuclear Development

13th Nov 2006, 22:02 GMT

Eyeing a growing interest in nuclear power as an environmentally friendly energy source, General Electric and Hitachi announced a partnership that will combine their nuclear power units. The deal -- financial terms were not disclosed -- brings together two of the largest industrial and commercial companies in the world, with the common goal of developing next-generation nuclear power solutions. Each company will take partial ownership in the other's nuclear energy business lines. TechNewsWorld Spotlight on Security Now Available. Register here and receive your copy today!

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