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South Korean firms invest $250 million in TerraPower

August 16, 2022, 3:03PMNuclear News

U.S. nuclear technology company TerraPower announced yesterday the close of a $750 million equity raise—one of the largest advanced-nuclear investment drives to date, according to the announcement—with $250 million of that contributed by South Korean firms SK Inc. and SK Innovation.

Both firms are subsidiaries of the Seoul-based conglomerate SK Group, South Korea’s second-largest conglomerate, after Samsung Group.

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TerraPower plans to invest in South African HALEU laser enrichment technology

October 30, 2024, 3:01PMNuclear News

TerraPower announced today that it has signed a term sheet with ASP Isotopes Inc. as the first step of a planned investment in the construction of a high-assay low-enriched uranium (HALEU)...

Google and Kairos Power partner on 500 MW advanced nuclear project

October 16, 2024, 7:08AMNuclear News

Kairos Power and Google announced over the weekend a new power purchase agreement to provide the tech giant with 500 megawatts of clean energy by 2035.Under the agreement, California-based...

NRC signs off on volcanic risk report for TerraPower’s Natrium project

September 25, 2024, 3:00PMNuclear News

The Nuclear Regulatory Commission has notified TerraPower that the company has delivered enough information on volcanic risk activity around its proposed small modular reactor project in...

PR: American Nuclear Society challenges recent claims on HALEU fuel in Science magazine

ANS open letter scrutinizes hyperbolic unscientific claims about HALEU

September 3, 2024, 7:04AMPress Releases

Washington, D.C. — In an open letter to Science magazine, the American Nuclear Society (ANS), a professional nuclear science and technology society representing over 10,000 members...

TerraPower partnering with Sargent & Lundy in training center design

August 20, 2024, 9:30AMNuclear News

TerraPower has announced its selection of industry experts Sargent & Lundy to design the Kemmerer Training Center for its Natrium reactor demonstration project in Wyoming....

Constellation succeeds in rezoning property near Illinois nuclear plant

August 26, 2024, 11:59AMNuclear News

The Ogle County Board has approved a zoning change that designates 524 acres around the Byron nuclear power plant, located in northern Illinois, as industrial rather than agricultural....

Energy analyst: Clean energy dreams come only with advanced nuclear

August 6, 2024, 9:31AMANS Nuclear Cafe

“We’re going to have to do things differently if we hope to trim the output of climate-changing emissions,” writes Matthew L. Wald in an essay recently published by the Breakthrough...

NRC, residents discuss TerraPower SMR plans in Wyoming

July 24, 2024, 9:30AMNuclear News

A public hearing in Kemmerer, Wyo., drew dozens of comments and questions about TerraPower’s plans to build the Natrium nuclear reactor demonstration project in the coming years....

IAEA’s Grossi highlights the growing promise of nuclear energy

July 19, 2024, 12:02PMANS Nuclear Cafe

The peaceful uses of nuclear science and technology today hold more promise to heal the world since Austrian Swedish physicist Lise Meitner and her colleagues discovered nuclear fission in...

Virginia utility considers SMRs

July 18, 2024, 9:30AMNuclear News

Dominion Energy Virginia has issued a request for proposals from leading nuclear companies to study the feasibility of putting a small modular reactor at its North Anna nuclear power...

South Korean firms invest $250 million in TerraPower

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