DOE closes on $1.5B loan to reopen Palisades nuclear plant
Once complete, this project will be the first recommissioning of a retired nuclear power plant in U.S. history.
$1.5B loan approved to restart Palisades plant
The federal government has announced the approval of a $1.52 billion loan to support the reopening of a nuclear power plant in Van Buren County.
$1.52 billion federal loan guarantee to help fund first-ever restart of nuclear plant in Michigan
The U.S. Department of Energy finalized a conditional commitment loan of $1.52 billion to restore and resume service at the Palisades nuclear power plant in Covert.
DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning
Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to support the recommissioning of the 800-MW Palisades nuclear plant in Covert Township,
The hottest trend in nuclear power: Reopening shuttered plants
The Palisades nuclear plant in Michigan just closed a $1.5B federal loan to reopen, the latest in a push to restart retired nuclear plants amid
With $1.5 Billion Loan, Michigan’s Palisades Aims for Historic Nuclear Reactor Restart by 2025
The Palisades nuclear plant in Michigan has taken a significant step toward becoming the first nuclear reactor in U.S. history to restart operations after a shutdown. On Monday, the Department of Energy (DOE) announced that Palisades has secured a $1.
Palisades Nuclear Plant to reopen with $1.5B federal loan
The U.S. Department of Energy announced the loan with the owners of the Palisades Nuclear Power Plant, which is based in Covert, Michigan, just south of South Haven along the shore of the Great Lakes.
Federal funding secured to support historic reopening of Michigan nuclear power plant
The Biden administration has finalized a loan to help reopen the Palisades nuclear power plant in Michigan, which is anticipated to become the first-ever decommissioned plant to come back online in the United States.
DOE finalizes loan guarantee to reopen Michigan nuclear plant
It comes about a week after Microsoft announced a deal to reactivate a nuclear unit at Pennsylvania’s Three Mile Island.
AI's thirst for energy has another nuclear plant coming online
The Department on Energy closed on a $1.52 billion loan to Holtec Palisades on Monday in a first-of-its-kind effort to fund ...
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Biden-Harris Administration Bringing Back Clean Nuclear Energy, Creating Clean Energy Union Jobs Across the Midwest
Highlights $1.5 Billion Loan Guarantee from DOE Will Help First Ever Historic Restoration and Restart of a Nuclear Generating Station in Michigan $1.3 Billion in Grants f. . .
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US Administration finalises financial support for Palisades restart
The US Department of Energy has finalised a USD1.52 billion loan guarantee for Holtec International's project to recommission ...
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Biden-Harris administration invests in nuclear energy at Palisades Nuclear Plant
The Biden Harris Administration, through the U.S. Department of Energy (DOE) and U.S. Department of Agriculture (USDA), announced more than $2.8 billion to support reliable, affordable, and clean ...
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Microsoft Nuclear PPA to Restart Three Mile Island Shows Hyperscalers' Urgency for Clean Energy
Microsoft’s power purchase agreement with Constellation is the latest sign of the major hyperscalers' advance toward getting ...