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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

NextEra Commissions Largest Concentrated Solar PV Project in North America

LCG, October 26, 2011--NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., recently commissioned the Hatch Solar Center, located in Hatch, New Mexico. The 5-MW facility is now the largest concentrated photovoltaic solar facility operating in North America. The facility initially began operating in June, and the power generated is purchased by El Paso Electric under a 25-year power purchase agreement (PPA).

The Hatch Solar Center employs 84 Amonix 60-kW units and include dual-axis tracking systems to maximize energy production throughout the day. Amonix CEO stated, "The Hatch Solar Energy Center is in a prime sunny and dry location, perfect for Amonix technology, which generates more energy per acre than any other solar technology."

According to a recent presentation, NextEra Energy Resources has substantial wind and solar investments planned for 2011 through 2014 for which it has already secured long-term power purchase agreements, and its capital expenditures in 2011-2012 are estimated to be slightly higher for solar ($1.675 - $1.875 billion) than wind ($1.450 - $1.650 billion) projects.
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