Word: hitachis
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...prices drop. Nissan has introduced the all-electric Leaf, and this year Chevy will debut the long-anticipated gas-electric Volt. Those and future electric cars need battery packs, and at least a dozen American lithium-battery start-ups are competing with Asian companies such as Sanyo and Hitachi to provide them. "There's a tremendous amount of competition," says David Vieau, chief executive of A123 Systems, a Watertown, Mass., start-up powered by federal money that is vying for the business. (See the history of the electric...
...project for Finland's main utility, Teollisuuden Voima Oyj, is designed to showcase Areva's 3G earthquake- and missile-proof design, known as a European Pressurized Reactor. Areva spokesman Jacques-Emmanuel Saulnier said winning the contract over Westinghouse and GE-Hitachi was crucial to establishing the firm as the leader in advanced nuclear tech. "You only see how it works once you've built it and proved it's what you'd said it would be," he said. "That's why winning the Finnish contract and building the world's first third-generation reactor is so important...
...planned for the next decade. Industry analysts predict a further 200 new reactors between now and 2050. At around $7 billion a pop, the payday for the biggest players - Areva, Russia's Rosatom, Toshiba-owned Westinghouse, Mitsubishi Nuclear Energy Systems and a joint venture between General Electric and Hitachi - promises to be huge as countries around the world turn to alternatives to coal and oil to meet rising demand for clean electricity. A reactor currently under construction in Tennessee is the first of at least a dozen nuclear plants planned in the U.S. over the next decade or so. Italy...
...from 2007, due mostly to a whopping $2.4 billion write-down linked to construction troubles with its Finland reactor. The Finnish project was supposed to showcase Areva's third-generation earthquake- and missile-proof design, known as a European Pressurized Reactor (EPR). Areva beat out Westinghouse and General Electric-Hitachi in 2003 to win a contract with Finland's main utility Teollisuuden Voima Oyj (TVO) to build the plant. GE-Hitachi, Mitsubishi and Westinghouse all sell their own third-generation reactors, which are more efficient and safer than previous designs. But Areva's EPR boasts innovations that...
...sometimes even point a finger at me. Once a little kid on the train looked at me and exclaimed, 'Look, there is a fairy!' which was kind of embarrassing, but I didn't care because I just wear what I like." Sanae Nagamine, a 21-year-old waitress from Hitachi in northeastern Ibaraki prefecture, had to take a two-hour train ride to join her friends on this pilgrimage to Jesus Diamante, one of the first fashion brands to promote hime-kei, as the look is known, with its frilly pastel frocks and ringlet hairdos. With money earned from part...