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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

SRP Selects Iberdrola for Solar PV Project

LCG, November 24, 2009--SRP announced yesterday that it selected Iberdrola Renewables Inc. to design, construct and operate a 20-MW solar photovoltaic (PV) power facility in Arizona. The project is scheduled to commence operations in 2011 and will be the largest PV facility in Arizona.

SRP expects to present the proposal to the SRP Power Committee at its meeting in December. In January, SRP management will likely present the power purchase agreement for the project to SRP's Board for final approval. The proposed agreement to purchase power generated by the solar farm includes a term of 20 to 25 years.

SRP's associate general manager for Commercial and Customer Services stated, "We want to be in a position to offer our customers a new, lower-cost solar energy option by giving them the opportunity to purchase the green power directly from this solar facility. SRP will utilize whatever output may not be subscribed by our customers, if any."
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