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Press Releases
Holtec and Wolverine Ink Historic Power Purchase Agreement for the Palisades Power Plant
We are pleased to report that the repowering of the 800-megawatt Palisades Power Plant in Covert Township, Michigan took a giant step forward this week with the signing of a long-term power purchase agreement (PPA) between Holtec’s Palisades Energy, LLC and Wolverine Power Cooperative, a not-for-profit energy provider to the rural communities across Michigan.
Holtec International and Hyundai Engineering & Construction Company Sign Portentous Agreements with Korea’s National Financial Institutions to Support Deployment of SMR-160 Nuclear Reactors Around the World
We are pleased to report that Korea’s two premier national financial institutions – K-SURE and KEXIM – have each entered into agreements with the Holtec International (Holtec)/Hyundai Engineering & Construction (Hyundai E&C) team to provide financial backing to SMR-160 projects around the world.
Holtec’s SMR-160 Nuclear Reactor Slated to Repurpose Coal-Burning Power Plants into Clean Energy Generators
The technical breakthrough that we announce today seeks to minimize the impact of this looming wholesale loss of existing coal plants by preserving most of their physical assets and replacing their boilers with Holtec’s SMR-160 nuclear steam supply system.
Holtec Britain Applies to Join UK Government Process for Generic Design Assessment of US-Origin SMR-160 Nuclear Reactor in the United Kingdom
We are pleased to announce that Holtec Britain is poised to enter the UK regulatory Generic Design Assessment process for SMR-160 in early 2023, enabling start of construction of the first UK unit as early as 2028.
Holtec Advances Project Delivery Plan for SMR-160 in Czech Republic
We are pleased to announce that Holtec concluded a Memorandum of Agreement (MOA) with Škoda Praha and Hyundai Engineering and Construction (HDEC) on October 11th to advance the planning for construction of SMR-160s in the Czech Republic.
CEOs of Holtec International and Hyundai Engineering & Construction Co., Ltd. Sign a Far-Reaching Accord to Accelerate the Completion of the SMR-160 Advanced Reactor Program and Collaborate in Diverse Clean Energy Technologies
We are pleased to announce that Holtec International and Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) held a signing ceremony on October 18 at Holtec’s Technology Campus in Camden, NJ to mark the launching of an accelerated program to complete the balance of plant design of the remaining systems and structures for the SMR-160…
Holtec Announces Agreement with Mitsubishi Electric Power Products, Inc. to Develop SMR-160 Digital Instrumentation System
Holtec International is pleased to announce it has reached an agreement with Mitsubishi Electric Corporation’s U.S. subsidiary Mitsubishi Electric Power Products, Inc. to design and engineer the digital instrumentation and control systems (I&C) for its SMR-160 small modular reactor.
Holtec and Hyundai Engineering and Construction Completed Workshop on SMR-160 Balance of Plant Design
Holtec is pleased to report that Hyundai Engineering and Construction (HDEC) concluded a week-long workshop at Holtec’s Krishna P. Singh Technology Campus in Camden, New Jersey last week to advance the SMR-160 Balance of Plant Design.
South Korea’s Premier EPC Company, Hyundai Engineering & Construction, Joins Holtec for Turnkey Supply of Holtec’s SMR-160 Nuclear Reactors to Help the World Meet COP26 Aspirations
We are pleased to announce that Holtec International and Hyundai Engineering & Construction (HDEC) have formalized an agreement for completion of the standard design of the SMR-160 plant and delivery of SMR-160 projects worldwide.
Glimpses of Holtec Happenings in 2020
The year 2020 marked many milestones for Holtec, in spite of a global pandemic that has challenged us all.
A Key Topical Report on SMR-160 Submitted to the USNRC
Holtec International submitted the first of five planned Topical Reports on December 21, 2020 to the U.S. Nuclear Regulatory Commission (USNRC).
Holtec’s SMR-160 Program Receives U.S. DOE Funding to Help Bring Its Unconditionally-Safe Reactor to the Global Market
We are pleased to announce that the U.S. Department of Energy (DOE) has awarded Advanced Reactor Demonstration Program (ARDP) funding to Holtec’s SMR-160 small modular reactor program.
Holtec’s SMR-160 Small Modular Reactor, Ten Years in Development, Enters USNRC’s Licensing Process
We are pleased to announce our drive to secure our SMR-160 small modular reactor design certification from the U.S. Nuclear Regulatory Commission on an accelerated schedule.
Holtec Hosts DOE Assistant Secretary at Its Technology Headquarters in Camden, New Jersey
On October 19, U.S. Department of Energy Assistant Secretary Dr. Rita Baranwal visited Holtec’s Krishna P. Singh Technology Campus in Camden, NJ.
Growing Interest in Holtec’s Innovative SMR-160 Reactor From Nations Seeking to Decarbonize Their Energy Generation
We are pleased to observe that the mounting demand for clean and reliable base load energy generation is fueling strong interest from many countries that view our inherently safe and economically viable SMR-160 small modular reactor (SMR) as the solution for reducing their carbon footprint.
Holtec Successfully Completes Canadian Nuclear Safety Commission Phase 1 Vendor Design Review
Holtec International’s SMR, LLC has successfully completed Phase 1 of the Canadian Nuclear Safety Commission (CNSC) “Pre-Licensing Review of a Vendor’s Reactor Design” for its small modular reactor design, the SMR‑160.
Kiewit Power Constructors Co. Joins Team Holtec with Mission to Make SMR-160 Commercially Competitive and Construction-Friendly
We are pleased to announce that Kiewit Power Constructors Co. of Omaha, Nebraska, a national leader in cost-competitive construction of combined cycle power plants, has joined Team Holtec as the latest member of a band of illustrious companies dedicated to the renaissance of nuclear energy.
SMR-160 at Age 10
We mark the tenth anniversary of the birth of our SMR-160 small modular reactor this month buoyed by the thought that its promise to render nuclear energy generation as benign as solar and wind – its kindred carbon free technologies – has been realized in full measure.
Holtec Selects Framatome to Supply Fuel for SMR-160 Small Modular Reactor, Vastly Compressing Deployment Schedule
Holtec and Framatome have entered into an agreement to enable completion of all necessary engineering to fuel the SMR-160 with Framatome’s commercially available and well-proven 17 x 17 GAIA fuel assembly.
2019 in Review
We bid a fond goodbye to 2019 which will stand out in our company’s annals as a watershed year when we began the implementation of several new ambitious initiatives that will shape our endeavors for decades to come.
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