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Billions put in place support affordable, clean power in the Midwest
The U.S. Department of Energy recently announced in a press release the closing of a loan guarantee of up to $1.52 billion to ...
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Palisades Nuclear Plant Secures $1.5 Billion Loan for Historic U.S. Reactor Restart. Owner Holtec International Aims to Double Capacity by 2030s
The Palisades nuclear plant in Michigan secured a $1.5 billion loan to restart its reactor by late 2025, marking the first ...
The hottest trend in nuclear power: Reopening shuttered plants
The U.S. has never restarted a decommissioned nuclear reactor, but today Holtec International closed a $1.5 billion loan from ...
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Palisades owner eligible for $1.52B loan to attempt 1st-ever restart
In a first-of-its-kind effort, the Department of Energy will try to restart a nuclear power plant. The Covert facility owner, ...
DOE, USDA announce nearly $3B for Palisades restart
A $1.5 billion loan guarantee and $1.3 billion in awards will support site work and power purchase agreements for the 800-MW Michigan plant, the Biden-Harris administration said Monday.