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TerraPower closes $750M fundraise; SK invests $250M

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This new fundraise further builds on the support of existing investors and will support TerraPower’s current implementation efforts. The Natrium technology has a 345MW sodium fast reactor coupled with a molten molten salt integrated energy storage system that will provide clean, flexible energy and stability for the grid.

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GE to expand sodium-halide battery plant with $70M investment

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GE will invest an additional $70 million to expand its sodium-halide battery manufacturing plant in New York, which is part of the company’s new Energy Storage business. The batteries thus are produced using abundantly available raw materials such as salt and nickel and are non-toxic and fully recyclable.

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GE Launches Durathon Sodium-Metal Halide Battery for UPS Market

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GE Energy Storage Technologies, a unit of GE Transportation, introduced its Durathon sodium-metal halide battery ( earlier post ) for critical backup power. Sodium-metal halide cell basic chemistry. Durathon technology uses a patented sodium halide chemistry. Click to enlarge.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Low Cost Roll-to-Roll Manufacturing of Reusable Sorbents for Energy and Water Industries, $150,000 Qualification of SAS4A/SASSYS-1 for Sodium-Cooled Fast Reactor Authorization and Licensing, $674,484 Advanced Reactor Concepts LLC, Chevy Chase, Md. Quanex Building Products Corporation, Houston, Texas SCP SYS LLC, San Francisco, Calif.

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ARPA-E awards $38M to 12 projects leading used nuclear fuel recycling initiative

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NuVision Engineering will design, build, and commission an integrated material accountancy test platform that will predict post-process nuclear material accountancy to within 1% uncertainty in an aqueous reprocessing facility. Award amount: $1,580,774). Award amount: $2,711,342). Award amount: $1,454,074).

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IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

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The latest reactor designs, now under construction around the world, build on more than 50 years of technology development. The industrial capacities and skilled human resources necessary to build, operate and maintain nuclear plants will also need to be increased over the next few years if nuclear is to expand rapidly.

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