X-energy, the Rockville, Md.–based small modular reactor/nuclear fuel developer, and Ares Acquisition Corporation (AAC), a publicly traded special-purpose acquisition company, have agreed to terminate their business combination agreement, effective immediately, the companies announced this week.

Small modular reactor firm X-energy and Energy Northwest, owner and operator of the Columbia nuclear power plant in Richland, Wash., announced yesterday the signing of a joint development agreement (JDA) for up to 12 Xe-100 SMRs in central Washington, capable of generating up to a total of 960 MWe.

The JDA defines and details the scope, location, and schedule under which the commercial development of the project will move forward, the companies said, adding that they will also work together to determine the best approaches to licensing and regulatory matters, as well as the project delivery model. Currently, the Xe-100 project is expected to be developed at a site adjacent to the Columbia facility, with the first module coming on line by 2030.

X-energy, the Rockville, Md.–based small modular reactor developer, has announced its plan to open the first Xe-100 reactor fleet management, monitoring, and training facility—the Plant Support Center–East (PCSE)—in the fourth quarter of this year.

Curtiss-Wright Corporation and small modular reactor developer X-energy have announced the signing of a preferred strategic supplier agreement to advance the design and deployment of the latter’s Xe-100 SMR.

The Senate Energy and Natural Resources Committee yesterday held a hearing to examine the latest developments in the U.S. nuclear energy sector, with a focus on ways to maintain and expand the use of nuclear in the United States and abroad.

Testifying before the committee were Jeffrey Lyash, president and chief executive officer of the Tennessee Valley Authority (TVA); Chris Levesque, president and CEO of TerraPower, Scott Melbye, president of Uranium Producers of America (UPA); Amy Roma, founding member of the Atlantic Council’s Nuclear Energy and National Security Coalition and a partner with the law firm Hogan Lovells; and J. Clay Sell, CEO of X-energy.