SMR-300

The U.S. Department of Energy released an $83.2 million loan disbursement to Holtec International on Thursday, bringing total federal funding to $335.1 million as the company moves toward completing America’s first commercial nuclear reactor restart. The fifth installment under DOE’s $1.52 billion loan guarantee follows key Nuclear Regulatory Commission (NRC)  approvals that authorized Holtec to […]

The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the 800-MW Palisades Nuclear Plant in Michigan. The funding, a key step in reviving the shuttered facility, reinforces a loan guarantee initially issued under the Biden […]

Over the past week, the UK government stepped up its nuclear agenda, doling out a £33.6 million grant under its Future Nuclear Enabling Fund to support GE Hitachi Nuclear Energy (GEH)’s BWRX-300 while also announcing a substantial £1.3 billion investment in the proposed 3.2-GW Sizewell C nuclear project. The developments, aimed at potentially tripling the […]