A $1.5 billion loan guarantee and $1.3 billion in awards will support site work and power purchase agreements for the 800-MW Michigan plant, the Biden-Harris administration said Monday.

By Timothy Gardner WASHINGTON (Reuters) - The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's ...

It was a September to remember as it kept summer conditions going across Michigan and many locations across the U.S. except for the Southeast and Gulf Coast region.

The Administration is rebooting nuclear energy in the Midwest. This initiative, part of the Investing in America agenda, aims to revive the previously shuttered Palisades Nuclear Plant in Michigan. A ...

The funding is part of President Biden’s Investing in America agenda, which focuses on private sector investments in domestic ...

Holtec International agreed to refurbish and restart the Palisades nuclear plant in Covert Township, near the shores of Lake ...

Highlights $1.5 Billion Loan Guarantee from DOE Will Help First Ever Historic Restoration and Restart of a Nuclear Generating Station in Michigan $1.3 Billion in Grants f. . .

The latest federal event at Palisades follows a Sept. 5 announcement from the U.S. Department of Agriculture that rural ...

The Palisades nuclear plant in Covert Township, Michigan, is slated to restart in 2025, powering some 800,000 homes and ...

In a first-of-its-kind effort, the Department of Energy will try to restart a nuclear power plant. The Covert facility owner, ...

If approved to reopen, Palisades would become the first nuclear energy plant in U.S. history to be recommissioned.

Monday afternoon, the US Department of Energy announced a $1.5 billion dollar loan guarantee to help Holtec, get the reactors back up and running.