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February 25, 2025, 3:00PMNuclear News

A rendering of Holtec’s dual-unit SMR-300. (Image: Holtec)

Leaders from Holtec International and Hyundai Engineering & Construction gathered at the Palisades site in western Michigan today to announce an “expanded cooperation agreement” to build a 10-GW fleet of Holtec-designed SMR-300s in North America. That fleet’s first builds would be at Palisades, where Holtec is now focused on restarting the site’s shuttered 777-MWe pressurized water reactor by the end of this year. Under the “Mission 2030” plan launched today, Holtec would then build a pair of SMR-300 PWRs at the Palisades site—targeting operation in 2030.

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