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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

Duke Energy Renewables Announces Solar Power Agreement with Corning

LCG, December 15, 2015--Duke Energy announced yesterday that it has entered into a 25-year power purchase agreement (PPA) for solar-generated electricity produced by Duke Energy Renewables. Corning will purchase 62.5 percent of the output from the 80-MW Conetoe Solar project, which is expected to be the largest solar project east of the Mississippi River. The project is expected to begin delivering power to the grid in the first quarter of next year.

The Conetoe Solar project is being constructed by Duke Energy Renewables on a 595-acre site in Edgecombe and Pitt Counties, North Carolina. Duke Energy Renewables purchased the development rights for The Conetoe Solar project in May 2015. The project was originally developed by SunEnergy1.

Corning's senior vice president, chief strategy officer stated, "Corning is committed to reducing its carbon footprint, and this is a major step in that direction. Going green makes good business sense because it encourages efficiencies and clean power usage that eventually lower costs. We believe this decision fits our corporate mission to be a good steward of the environment."

Duke Energy's president of Commercial Portfolio stated, "Serving Corning's commitment to clean energy is a great example of the customer-centric solutions we can offer to organizations. In delivering this quality project, we're proud to bring more solar power to North Carolina as we partner with Corning to advance their environmental stewardship."

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