Curtiss-Wright ships first two reactor coolant pumps to Chinese nuclear site
Curtiss-Wright Corp. (CW) has successfully completed the shipment of the first pair of AP1000 reactor coolant pumps (RCPs) for Sanmen Unit 1 in China, the world's first AP1000 nuclear power plant.
The two RCPs are expected to be on-site in December 2015, in support of key project milestones.
CW also expects to complete production and shipment of the remaining two RCPs for Sanmen Unit 1 by the end of 2015.
‘Having recently completed the full testing and qualification processes for our RCPs, these actions reflect our on-going commitment to safe and reliable AP1000 plant operation. Further, we look forward to continuing our support of China's nuclear power program,’ says David C. Adams, chairman and CEO of Curtiss-Wright Corporation.
Under prior contracts received in 2007 and 2008 for plant sites in China and the US, respectively, CW is producing a total of 32 RCPs for four AP1000 nuclear plants currently under construction.
These projects include the Sanmen site in Zhejiang Province and the Haiyang site in Shandong Province in China, and the Southern Nuclear Vogtle site in Georgia and the SCANA V.C. Summer site in South Carolina in the US.
The shipment of these 32 RCPs, which began in November 2015, is expected to continue through 2017.
Although a key programme milestone, the shipment of RCPs will not be a significant contributor to revenue and profitability as revenue recognition is based on the percentage of completion method of accounting, which is principally linked to production.
In October, CW announced it had successfully completed extensive China regulator reviews and detailed post-test inspections.
As a result, the review confirmed that the RCP performed as required during the final performance testing and reached full qualification.
The RCP performance met the design requirements which are necessary to support safe and reliable AP1000 plant operation.