ARC Clean Energy

SMR startup lines up financing for nuclear power plant deployment

Small modular reactor (SMR) startup ARC Clean Energy Canada said it completed its Series A financing in the amount of C$30 million ($24.11 million) from private sector investment and the Province of New Brunswick. The financing is expected to advance deployment of a grid-scale advanced SMR at the Point Lepreau Nuclear Generating Station site, which is owned by provincial utility

Four Canadian provinces release SMR strategy

Ontario, New Brunswick, Alberta and Saskatchewan released a strategic plan providing a path forward to advance small modular reactors (SMR) in the country.