Greentech Media: DOE Awards $160M to TerraPower and X-Energy to Build Advanced Nuclear Plants

The U.S. Department of Energy has awarded $160 million to X-energy and TerraPower with the potential for billions more in federal funding, as the companies strive to build a working model of their smaller scale, more flexible advanced nuclear reactor designs by 2027. TerraPower is partnered with the GE Hitachi Nuclear Energy, a nuclear industry joint venture formed in 2007.

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