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Japan's Mitsubishi Heavy to develop safer nuclear reactor

Company partnering with Kansai Electric and three other energy companies

Mitsubishi Heavy Industries' next-generation nuclear power reactor could be in operation by the mid-2030s. (Illustration courtesy of Mitsubishi Heavy Industries)

TOKYO -- Mitsubishi Heavy Industries will work with four local power utilities, including Kansai Electric power, to develop a nuclear reactor with enhanced safety features.

As the Japanese government considers deploying next-generation nuclear power plants, Mitsubishi Heavy announced on Thursday that it plans to develop an innovative light-water reactor based on existing units of the same type. The company aims to launch the new reactor by the mid-2030s.

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