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Holtec SMR project receives regulatory approval to proceed with early site construction

The U.S. Nuclear Regulatory Commission (NRC) has granted Holtec International a regulatory exemption allowing the company to advance certain early construction activities for two small modular reactor (SMR) units at the Palisades Energy Center in Michigan before obtaining a Limited Work Authorization (LWA). Palisades SMR, a wholly owned subsidiary of Holtec International, submitted the first part of a phased construction permit application to the NRC last December for the dual-unit SMR-300 project (Units Pioneer 1 and 2). The application included a request for a Limited Work Authorization to allow construction activities to begin before a construction permit or combined...

2026-09-17

Ukraine's Energoatom purchases additional 41 VVER Spent Fuel Dry Storage Systems

Holtec Nuclear recently announced that Ukraine's national nuclear energy company Energoatom has awarded it a new contract to supply an additional 41 spent fuel safe transport and storage systems for VVER reactors at Ukraine's Khmelnytskyi, Rivne, and South Ukraine nuclear power plants. The contract was signed on August 26, 2026. Energoatom's acting CEO Pavlo Kovtonyuk signed the contract in Kyiv, while Holtec Nuclear's CEO and Board Chairman Kris Singh signed in Camden, New Jersey, USA...

2026-09-09

Construction Advances for Holtec's SMR-300 Test Facility at Idaho National Laboratory

Holtec International recently announced that construction of its HI-TEST test facility, supporting the SMR-300 small modular reactor, is advancing at Idaho National Laboratory (INL), with manufacturing of key test components and preparation for facility installation already underway. The facility simulates the SMR-300 plant at approximately one-third scale and is designed to quantify reactor design and operational performance margins, providing a test basis for potential future power uprates. Supported by the U.S. Department of Energy (USDOE), the HI-TEST facility's primary mission is to validate SMR-300 design margins under steady-state and transient conditions, offering physical test data for the plant's power generation capacity, resilience, and operability...

2026-08-28

Gujarat seeks to attract small modular reactor manufacturing projects

On the fifth day of his visit to the United States, Gujarat Chief Minister Bhupendra Patel met with executives from several global companies in New York to advance investment outreach for the Vibrant Gujarat Global Summit 2027. The meetings included Kyndryl, BlackRock, and Holtec International. During the talks with Holtec International, the two sides focused on nuclear technology and manufacturing cooperation. Holtec International primarily provides spent fuel storage and related solutions for nuclear power plants and has already established a precision manufacturing facility in Gujarat to meet growing demand for air-cooled condensers. According to an official statement, the company plans to expand this facility in 2025.

2026-08-23

U.S. nuclear energy company Holtec advances on two fronts this week: decommissioning aging nuclear plants and positioning small reactors in the southern U.S.

U.S. nuclear energy company Holtec recently announced two significant developments, reflecting the dual trend in the current nuclear power industry of retiring existing capacity while expanding new capacity. On one hand, the U.S. Nuclear Regulatory Commission approved the license termination plan for the Oyster Creek nuclear power plant, moving the decommissioning process of this veteran commercial nuclear facility in New Jersey, which began operations in 1969, past a key regulatory milestone. On the other hand, Holtec announced a partnership with Entergy and Hyundai Engineering & Construction to evaluate potential sites for deploying new reactors in the southern Gulf Coast region of the United States. The Oyster Creek plant ceased power generation in 2018 and was subsequently taken over by Holtec for decommissioning. The recently approved license termination plan...

2026-08-11

Holtec, Entergy, and Hyundai Engineering & Construction Partner to Evaluate SMR-300 Deployment Opportunities in the Southern United States

On August 4, local time, Holtec International, Entergy Services, LLC, and Hyundai Engineering & Construction Co., Ltd. (HDEC) announced a strategic collaboration to jointly evaluate potential opportunities for deploying Holtec's SMR-300 advanced small modular reactor within Entergy's service territory to power large-load customers. The collaboration is established through a non-binding memorandum of agreement. Under the arrangement, the three parties will conduct assessments around a potential two-unit SMR-300 project, focusing on customer demand,...

2026-08-05