SACE | Southern Alliance for Clean Energy

Report: Toshiba retreating from nuke business after losses on Vogtle


“Toshiba Corp., expected to soon report huge losses on Georgia’s Vogtle nuclear plant expansion and a similar project in South Carolina, is backing away from its nuclear power plant business, according to a Japanese newspaper….The Vogtle project, to add two new nuclear reactors at its plant near Augusta, is over three years behind schedule and more than $3 billion over budget.”

Originally published January 30, 2017.