China Approves Six Nuclear Reactors at $17 Billion Investment

  • New units will be built in Shandong, Fujian and Liaoning
  • China accounts for 23 of 55 nukes under construction globally

A large crane lifts the CA20 module into the nuclear island of Unit 4 at the Shandong Haiyang Nuclear Power Plant in Yantai, Shandong province.

Photographer: CFOTO/Future Publishing/Getty Images

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China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects.

Two units each were approved at a July 31 meeting for the Shidaowan power plant in Shandong, Ningde in Fujian and Xudabao in Liaoning, with a total estimated investment of 120 billion yuan ($17 billion), state-owned The Paper reported.