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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

Dark Harbor Wind Farm Receives Financing

LCG, May 17, 2005--Western Wind Energy Corporation announced that The Manufacturers Life Insurance Company is prepared to provide CDN$29.7 million of construction and term debt financing for the Dark Harbor Wind Farm, a 20 MW project located in New Brunswick. The balance of the project financing, CDN$8.2 million (excluding a letter of credit of CDN$1.5 million for the debt service reserve account), will be obtained by way of a private placement of the equity of Western Wind Energy Corporation.

The wind project is one of many renewable energy projects that the Canadian provinces are pursuing to reduce reliance on fossil fuels and the corresponding production of greenhouse gases. The Province of Ontario has committed to closing 7,600 MW of coal-fired generating capacity, and last month closed the 1,140-MW, coal-fired Lakeview Generating Station as a step towards reduced emissions. Another supply strategy under consideration is the reactivation of mothballed, nuclear power plants, such as Units 1 and 2 at the Bruce A nuclear generating station in Kincardine.

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