Key facts
- IHI aims for a 70% increase in nuclear power sales over five years.
- IHI faces competition from South Korea's Doosan Enerbility for overseas nuclear projects.
Japanese industrial conglomerate IHI is positioning itself to capitalize on the global resurgence in demand for nuclear power. The company has set a target to increase its nuclear power sales by 70% within the next five years. However, IHI faces significant competition from South Korean firm Doosan Enerbility, which is also vying for international nuclear power plant contracts. The article highlights the growing global interest in nuclear energy as a power source.