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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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Industry News

AES Moves on Oman Power-Desalination Plant

LCG, May 7, 2001AES Corp. said Friday that an ad hoc subsidiary has secured $348.6 million in bank financing for a project in Oman that will provide 20 million gallons per day of desalinated water and 427 megawatts of electric power.

AES has an 85 percent interest in the project, AES Barka SAOC, with Multitech, a local partner owning the balance. ANZ Investment Bank and Arab Banking Corp. acted as lead arrangers on the financing, which is subject to the fulfillment of certain conditions precedent.

The power facility is being designed and built by a consortium of Enelpower SpA of Italy and Hitachi Zosen of Japan. AES said it expects the final notice to proceed will be issued on June 1 and has scheduled commercial operations for April 2003.

The electrical and water output from the facility will be sold to the Omani Ministry of Electricity and Water under a 15 year power and water purchase agreement. Gas will be supplied by the Ministry of Gasunder a 15 year natural gas supply agreement.

Venu Nambiar, project director of AES Barka, said, "Work by our contractor is on schedule and we now have completed our bank financing. We expect to produce competitively priced power and water in time for the peak summer of 2003. Since Barka will be among the lowest cost producers in Oman, we believe we can serve electric and water customers competitively for decades to come."

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