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Holtec Achieves Milestone towards Restarting Palisades Nuclear Facility and Advances Plans to Build Two SMRs at Palisades Site

LCG, March 31, 2026--Holtec International yesterday announced that it successfully completed a milestone test necessary to return Holtec's Palisades Nuclear Generating Station to service. The 805-MW pressurized water reactor (PWR) is located in Michigan and was shut down by Entergy in May 2022. Holtec acquired the facility in June 2022 and has pursued a path to return the plant to service.

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Arbor Signs Agreement with GridMarket for 5 GW of Baseload Power

LCG, March 25, 2026--Arbor Energy today announced an agreement with GridMarket, an energy and infrastructure project facilitator, to deliver up to 5 GW of zero-emission power starting in 2029. GridMarket supports large energy users, including data centers, manufacturers, and logistics providers, with securing reliable and cost-effective power.

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Industry News

Buena Vista Wind Project Delivers Power to PG&E

LCG, January 11, 2007--Pacific Gas and Electric Company (PG&E) announced yesterday that it is receiving power from the Buena Vista Energy, LLC Wind Project located in the Altamont pass area east of San Francisco, California.

The Buena Vista Energy, LLC Wind Project, has a capacity of 38 MW and was developed by Babcock & Brown's North America Infrastructure Group. The project includes 38, one-megawatt turbines made by Mitsubishi Power Systems.

In April 2005, PG&E submitted the long-term power purchase agreement associated with the project to the California Public Utilities Commission (CPUC) for regulatory review.

The State of California's Renewable Portfolio Standard (RPS) Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal. PG&E states that it currently provides over 13% of its energy from renewable resources that qualify under California's RPS Program.
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