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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

Shear Wind Pursues 1,000 MW of Wind Generation in New Brunswick

LCG, August 14, 2008--Shear Wind, Inc. (Shear Wind) announced Monday two new wind projects located in the province of New Brunswick that have a combined, potential electric generating capacity of over 1,000 MW. The targeted power markets are in New Brunswick and New England.

The two projects are Benjamin River and Mann Siding, which together cover over 100,000 acres of land. Both projects are expected to have an initial phase with a design capacity of 150 MW. Both projects are estimated to be capable of expansion to 500 MW of generating capacity.

The Mann Siding project is located in northwestern New Brunswick and has received an initial confirmation of interconnection for 150 MW. Shear Wind has submitted applications for the in-depth System Impact Study (SIS) associated with the initial phases for both projects.

Shear Wind stated that it is pursing the collection and evaluation of wind data at both sites, as well as proceeding to obtain necessary studies and permitting to allow for these sites to be development-ready by the fourth quarter of next year.

Shear Wind was founded in 2005 to develop renewable energy in Canada, and it is headquartered in Halifax, Nova Scotia. The company has a two wind projects in stages of final development: the 60-MW Glen Dhu Wind Park in Nova Scotia, and the 100-MW Glenridge Wind Park in eastern Alberta.
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