The Welsh government has approached Japan’s Hitachi Ltd. about keeping alive the Horizon nuclear power project in Anglesey that the latter is scrapping.
It plans to assume a caretaker role until a developer can be found.
Hitachi's UK unit Horizon Nuclear Power failed to find private investors or secure sufficient government support for the stalled Wylfa project in Anglesey.
In September, Hitachi' announced it was scrapping plans to build the nuclear power plant.
A Hitachi spokeswoman said the company is in the midst of negotiations with the relevant governments.
Hitachi booked a $2.9 billion write-down in 2019 due to the suspension of the 3 trillion yen project.


Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Washington Post Publisher Will Lewis Steps Down After Layoffs
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 



