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.
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.
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.
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.
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.
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 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 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.
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.
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.
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.
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 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.
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.
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 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.
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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