Holtec defines $7.4B SMR build plan, inks agreement with Entergy

July 25, 2022, 7:03AMNuclear News
Holtec’s Advanced Manufacturing Division, in Camden, N.J. (Photo: Holtec)

The Department of Energy earlier this year approved part one of a loan application from Holtec International for small modular reactor construction and invited the firm to apply for a loan to help build four of its SMR-160 units and grow its manufacturing capacity to produce the first wave of SMRs.

Entergy takes net-zero pledge, teams with Mitsubishi to decarbonize with hydrogen

October 2, 2020, 9:56AMNuclear News

Paul Browning, Mitsubishi Power, and Paul Hinnenkamp, Entergy, sign the joint agreement on September 23. Photo: Entergy

New Orleans–based Entergy Corporation last week announced a commitment to achieve net-zero carbon emissions by 2050, joining a growing list of major energy companies to make that promise—including Dominion Energy, Duke Energy, Southern Company, Xcel Energy, and Public Service Enterprise Group. And, like those companies, Entergy says that it sees nuclear playing an important role in the realization of that goal.