L&T Sees India Making SMRs 30% Cheaper Than Rivals

Larsen & Toubro (L&T) claims India can manufacture small modular reactors (SMRs) at least 30% less than global competitors. This assertion follows the SHANTI Act, 2025, which allows private sector involvement in nuclear power. Despite expert concerns about SMR economic viability without large order volumes, L&T’s executive points to domestic manufacturing capabilities as a key …

Adani explores nuclear power foray with 1.6 GW small reactor project

 Adani Group, the conglomerate of Indian billionaire Gautam Adani, is in talks with the state government of India’s northern Uttar Pradesh state on a public-private partnership to build small modular reactors (SMRs) as India opens its nuclear energy sector to private investment. Adani Group is in discussions with Uttar Pradesh officials to build eight SMRs …

Urenco USA Advances U.S. Nuclear Fuel Supply with New Capability and Capacity

Urenco USA has completed a successful year of advancing the United States’ nuclear fuel supply by achieving two new milestones in December: the company’s first production of enriched uranium above 5% U-235 and the startup of its next cascade of centrifuges as part of an ongoing capacity installation program.   “In 2025, we have delivered on …

Ghana joins Africa’s nuclear race, set to begin construction of first nuclear plant

Ghana is preparing to make its first foray into nuclear energy, targeting 2027 to begin construction of its first nuclear plant on a dual-site designed to diversify the country’s power mix. Ghana plans to begin construction of its first nuclear power plant by 2027 to diversify its energy mix. Two sites have been identified for …

CEO Statement on Final Safety Review of Natrium® Reactor

TerraPower President and CEO, Chris Levesque, issues a statement on the announcement of the U.S. Nuclear Regulatory Commission’s completion of the Final Safety Evaluation for the first Natrium plant1, Kemmerer Unit 1, construction permit application: “Today is a momentous occasion for TerraPower, our project partners and the Natrium design. This favorable safety evaluation from the …

Energy Department Selects TVA and Holtec to Advance Deployment of U.S. Small Modular Reactors

The U.S. Department of Energy today announced the selection of the Tennessee Valley Authority and Holtec Government Services to support early deployments of advanced light-water small modular reactors in the United States. The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services to support early …

Nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions

Meg Dowling, Senior Engineer – Nuclear Technology and Alternative Fuels, LR A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and …

Valar Atomics Says It’s the First Nuclear Startup to Achieve Criticality

A Trump administration pilot program aims for three nuclear startups to reach a key milestone by July 4, 2026. Valar Atomics says it’s the first to do so—but it had some help. Startup Valar Atomics said on Monday that it achieved criticality—an essential nuclear milestone—with the help of one of the country’s top nuclear laboratories. The …

US pushes next-gen nuclear with record third cycle for its accident tolerant fuel

The lead fuel assembly (LFA) is running in Unit 2 of the Calvert Cliffs plant in Maryland. The first complete assembly of enhanced accident-tolerant fuel (E-ATF) to operate in a commercial nuclear reactor has successfully completed its second 24-month operational cycle and has been loaded for a third cycle. The lead fuel assembly (LFA) is …