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On energy inefficiency, global green H2, and New Hampshire’s guerrilla solar

Current conditions: Super Typhoon Bavi is slamming into Guam and the Northern Mariana Islands as the equivalent of a Category 5 hurricane, with sustained wind speeds topping 178 miles per hour • The record-shattering heat dome over the central and eastern United States is easing and shifting westward until mid July • In Europe, however, the heat is continuing, with temperatures hitting 108 degrees Fahrenheit in southern Spain over the weekend.
America’s next nuclear reactor is coming to life via resurrection. For the past two years, Holtec International has been working to bring the single reactor at the decommissioned Palisades nuclear plant in western Michigan back into service. It would be the first time in U.S. history that a permanently shuttered nuclear plant came back online. If successful, a growing list of projects are lining up to follow in Palisades’ footsteps. On Friday, Holtec announced that the Palisades crew had completed “the last of the major projects,” marking a “watershed moment” in the restoration effort. “We’re now focused on safely executing the remaining testing, verification, and operational readiness activities required before startup,” Michael Schultheis, Holtec’s vice president of the plant, said in a statement. “The plant is coming back together, and the professionalism and dedication demonstrated by our workforce continue to move the project forward.”
The news came just days after the U.S. District Court for the Western District of Michigan dismissed a lawsuit challenging the procedure by which the Nuclear Regulatory Commission approved Palisades’ restart. Started under the Biden administration, the revival project was one of the first the Trump administration allowed to move forward after taking office, part of a broader effort by the Department of Energy to spur a resurgence of reactor construction in the U.S.
Last week, the U.S. Court of Appeals for the Ninth Circuit blocked a challenge to California’s rules on emissions from industrial boilers, the latest legal victory for local regulations on planet-heating pollution from buildings. In 2024, the South Coast Air Quality Management District, the air pollution agency in charge of broad swaths of Southern California, set new restrictions on smog-causing nitrogen oxide from industrial boilers, appliances that either burn a fossil fuel such as gas or oil or use electricity to heat up water. The policy — which would slash the equivalent of half the nitrogen oxide produced by every car in Los Angeles combined — is part of the state’s long-standing effort to curb pollution. It’s not the only win for the fight to curb emissions from buildings. Since 2024, federal courts have repeatedly upheld local and state authority to regulate pollution from buildings in New York, Maryland, and Washington, D.C.
On Thursday, meanwhile, the Trump administration proposed a new rule to gut money-saving standards for appliances nationwide. “While the agency portrayed the move as bringing an end to appliance standards writ large, that is not, in fact, what it is doing,” Heatmap’s Emily Pontecorvo wrote last week. “The proposal would update the DOE’s so-called ‘Process Rule,’ which governs how the agency develops standards, adding onerous requirements that will make it much more difficult to make any changes at all.” When I spoke to the American Council for an Energy-Efficient Economy about the changes, the advocacy group told me the proposal would set minimum savings thresholds below which the new rule wouldn’t find federal support. It would also add a mandatory 180-day waiting period between before proposing new appliance standards based on novel testing procedures, require the Energy Department to show deference to industry-established standards, and force regulators to carry out extra analyses and rulemaking processes before enacting new rules.
Senator Angus King, the independent from Maine who caucuses with the Democrats, has urged the Federal Energy Regulatory Commission to reject the proposed utility megamerger between NextEra Energy and Dominion Energy. In a letter last week to the agency, King said the combination of the two giants risked putting too much power in the hands of one company. “The combination would create the largest electric utility in the United States, concentrating an unprecedented mix of merchant generation, rate-based generation, and transmission assets in the hands of a single company with a documented record of using its market position and political resources to suppress competition that threatens its merchant revenues,” King said in the letter, according to Utility Dive. Specifically, he cited NextEra’s lobbying to derail the New England Clean Energy Connect project in 2021, a transmission line to connect the Northeast’s grid to the almost entirely renewable hydroelectric system in Quebec.
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Last week, the Environmental Protection Agency put out new regulatory guidance on the president’s “freedom to fix” agenda, reminding automakers of their “long-standing legal obligation to release the service information, training information, and tools necessary to diagnose and repair vehicles,” even if the driver could use what they learn to tamper with the emissions controls. Meanwhile, on Friday, President Donald Trump announced that he’d pardoned six people “who were persecuted by the Biden administration” and were either in prison or headed there for violating Clean Air Act prohibitions against rigging the vehicles’ emissions control systems. “While I know this sounds ridiculous, it is nevertheless a fact, and part of the Weaponization and Stupidity that our Country had to endure during four long years of Sleepy Joe Biden,” he wrote in a post on his Truth Social platform. “I AM SETTING THEM ALL FREE, RIGHT NOW!”
In non-emitting vehicle news, Rivian is eyeing a better sales year than expected. While the electric automaker previously said it would ship between 62,000 and 67,000 vehicles this year, it told investors on Thursday that it now expects to deliver between 65,000 and 70,000 vehicles, in what TechCrunch called “a small but potentially meaningful bump.” The announcement came the same week BYD crushed Tesla’s deliveries yet again, as I told you in my last newsletter.

Back in March, I told you that Chile’s most right-wing president since the fall of dictator Augusto Pinochet could take the country’s budding green hydrogen business in a different direction. Now President José Antonio Kast is doing just that. Last week, Chile’s state-owned Production Development Corporation, known by its Spanish acronym CORFO, announced plans to refocus the country’s strategy for green hydrogen on domestic use rather than exports, Hydrogen Insight reported.
China, as I have reported for you many times before, is going hard on green hydrogen, especially since the Iran War forced Beijing to ramp up efforts to find alternatives to imported fossil fuels. Here’s yet another data point: China just laid out plans to build the world’s largest green hydrogen plant using solid-oxide electrolyzers, which operate at higher temperatures. The facility will also produce, methanol, which uses hydrogen as a key ingredient. At peak capacity, the facility in rural Gansu province will produce 100,000 metric tons of renewable methanol per year for use in international shipping. Meanwhile, Spain is investing nearly $21 million into grants for hydrogen projects as the country seeks to make use of its booming solar industry. As I wrote last week, the surge in solar panels is creating problems for Spain, since its grid can’t handle all that power during peak daytime hours. Funneling that electricity into electrolyzers to make molecules that can be cleanly burned later may offer a solution.
Last month, I told you about a catchier term for the very small-scale solar panels being legalized to go on windowsills and balconies, opening the door to more apartment dwellers generating a small share of electricity themselves. That term, which I first read in Inside Climate News, is “guerilla solar.” Well, that solar rebel mindset is coming to the “Live Free or Die” state. On Thursday, New Hampshire Governor Kelly Ayotte, a Republican, put out a list of 74 bills she signed into law before Fourth of July weekend. Among them was SB-540, legalizing plug-in solar panels. The law will take effect on July 27, according to PluginSolarUS, an advocacy group.
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On rare earth recycling, Africa’s solar boom, and Thailand’s LNG addiction
Current conditions: Tropical Storm Dolly formed in the Atlantic and is heading toward the Caribbean, threatening the Lesser Antilles with heavy rains and winds • Temperatures topped 110 degrees Fahrenheit in Las Vegas as the heat heads east to the Mississippi Valley • In Nepal, survivors of the catastrophic flood near the border with Tibet are swimming in debris-laden waters to fish out fuel cans as supplies run short.
Earlier this month, the Trump administration brokered yet another deal to pay a developer to, as Heatmap’s Robinson Meyer put it bluntly, “not build wind farms.” The German energy giant RWE took the $1.2 billion deal to kill off three already-stalled projects in New York and New Jersey. Turns out the bulk of that will go to a billionaire who owns a mansion on a private island in Florida near President Donald Trump’s Mar-a-Lago estate, and who personally donated nearly $1 million to the president’s inaugural committee. On Thursday, The Washington Post reported that the roughly $900 million from the settlement that RWE pledged to invest into liquified natural gas would go to a facility under construction by the company founded and run by Michael Dorrell, an Australian native with U.S. citizenship who has boasted of hobnobbing with his neighbor, the president. The White House said it had nothing to do with RWE’s decision to invest in the project, and called the newspaper’s story “a brazen attempt to insinuate a conflict-of-interest that does not exist.” But Representative Jared Huffman of California, the top Democrat on the House Natural Resources Committee, said “fake ‘settlements’” that “were already an insane waste of taxpayer funds and a ridiculous charade that seems to be blatantly illegal” now also carry “the stench of corruption.”
Cue the record scratch: We’ve got a narrative violation. A utility in the industrial Midwest portion of PJM Interconnection, the nation’s largest and most infamously stressed grid system, says that all the money it’s making off data centers will justify lowering the price of electricity for everyone else. Fort Wayne-based Indiana Michigan Power asked state regulators to reduce the base rate by enough to shave roughly $100 off annual bills. If the savings apply to the average customer using 1,000 kilowatts a month, the total combined savings in 2027 could come out to $59 million, according to The Journal Gazette, a family-owned newspaper published six days a week in Indiana’s second-largest city. The utility said it expects the Indiana Utility Regulatory Commission to decide on its proposed plan next June, meaning savings would kick in during the summer. The utility also asked to freeze rates at a lower amount for three consecutive years as part of what it called “one of the nation’s largest base rate reduction plans,” which it said was “made possible thanks to load growth and increased revenue from large customers including data centers.”
Since 2021, electricity prices statewide in Indiana spiked by more than 30%, according to data from Heatmap and the Massachusetts Institute of Technology’s Electricity Price Hub. But Indiana Michigan Power’s prices hiked by less than half the statewide average in that same period. When bills went up nearly 7% statewide last year, customers in the northeastern Indiana region that the utility serves saw a nearly 2% drop. All of which is to say: This particular case may not be as indicative of a potential trend as many might hope.
A pair of back-to-back funding deals on Thursday show just how much investors have warmed to geothermal and critical minerals, two domestic industries that — until recently — had spent decades either stagnant or in decline. Quaise Energy, the geothermal startup developing technology to drill to new depths in pursuit of super-hot rocks, just raised $180 million in its Series B. That includes a $35 million investment from Nabors Industries, owner and operator of one of the world’s largest fleets of drilling rigs. The money brings the Houston-based startup’s total fundraising to date to $280 million. “We are unlocking the most powerful clean energy source on Earth, and the Series B signals deep conviction across a wide range of investors,” Quaise CEO Carlos Araque said in a statement.
Meanwhile, metals recycler Cyclic Materials raised $75 million in a strategic financing round, bringing its total equity funding to date to $237 million. The latest funding was led by accounts advised by T. Rowe Price Associate, which had previously invested in the startup last year. The company’s first commercial facility in Arizona is expected to come online this year, and the funding will support the “advancement” of an integrated rare earths campus in South Carolina. “Our continued investment reflects our confidence in the company’s ability to scale domestic rare earth recycling and production infrastructure for use across critical U.S. industries and technologies,” Vineet Khanna, an investment analyst at T. Rowe Price, said in a press release.
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Even before the world outside feels like it’s burning, big chunks of the real-life human economy just stop churning. It seems self evident enough to be worthy of a rhyming truism (forgive me, I’m a recent recruit to the corny dad club). What’s alarming is that it’s starting to show up in data. A new Barclays survey of British businesses and consumers found that this year’s heat waves kept shoppers at bay, construction crews idled, and farmhands still. Temperatures above 77.2 degrees Fahrenheit were deemed too hot for shopping. Shave off just 2 degrees and Britons no longer wanted to commute. The construction and farming sectors took what Bloomberg called a “particularly hard hit” this summer when temperatures surpassed 100 degrees in the United Kingdom. But the newswire noted that the “intense heat also laid bare the extent to which much of Britain’s critical infrastructure is unprepared for rapidly rising temperatures, as schools, hospitals and public transport suffered under the strain.” As such, 60% of businesses reported that they are “now investing in or plan to invest in technologies to help them adapt to extreme heat.”

Exactly one year ago, I told you about new data showing that Africa’s purchases of Chinese solar panels had skyrocketed by 60%, with 20 countries setting new import records. Sierra Leone alone brought in enough panels to match more than 60% of its entire 2023 electrical output. What wasn’t clear is whether the equipment was going to warehouses or actually being deployed. Now Ember, the clean energy research firm behind last year’s analysis, is out with new numbers quantifying Africa’s solar boom. The continent installed record capacity of 17 gigawatts in 2026 so far, up 45% year-over-year. Chinese exports of solar panels to Africa soared in the 12 months leading up to June. Ember’s new analysis found that, including the Middle East and Latin America, around 73% of Chinese imports have been installed, with an average six-month delay. Across Africa, roughly 100,000 panels were installed every day in the past year.
Of Africa’s 54 countries, 36 are on track to install record amounts of solar in 2026, and 19 are exceeding 100% growth compared to the same period last year. The Democratic Republic of the Congo saw a 544% spike. Zimbabwe’s solar sector soared by 282%. Egypt’s by 176%. For Zambia, it’s 117%. Not too far behind is Sierra Leone, at 97%.
Thailand is famously one of only a handful of modern nations never colonized by European empires. Some debate that distinction, since the kingdom once called Siam did, in fact, lose a lot of territory to French and British conquest. Today, however, Thailand is undeniably at the mercy of foreign energy powers. The country generates more than 60% of its electricity from natural gas, of which it produces little. Instead, it imports from Australia, Qatar, the U.S., Malaysia, and Oman. Maybe not for long. Bangkok has announced plans to shift away from gas and embrace renewables and nuclear power in the wake of the Iran War energy shock, Bloomberg reported. The country now aims to swap to producing 60% of its electricity from carbon-free sources in 25 years — more than double the previous goal.
The seed-stage startup is eyeing a Series A after successfully enriching lithium and hydrogen isotopes.
While most coverage of the buzzy fusion energy industry — including my own — tends to focus on the startups promising to build commercial reactors within the next decade, a whole host of supporting industries will also need to mature in order to make that long-held scientific dream a reality. Isotope production is one of the biggest. No matter a company’s technical approach to fusion, it likely demands hydrogen and lithium isotopes — the former to fuel reactors, and the latter to breed more of that fuel.
That’s where Marathon Fusion comes in. The San Francisco-based seed-stage startup is developing isotope separation technology for two key purposes: recycling tritium — an extremely rare hydrogen isotope — from reactor exhaust so it can be reused as fusion fuel, and enriching lithium-6, which is needed to breed new tritium. On Thursday, the company announced that it succeeded in using its plasma centrifuge technology to enrich lithium-6 and hydrogen isotopes in the lab. (It can’t yet test the tech on actual tritium, which is expensive, radioactive, and tightly regulated by the Nuclear Regulatory Commission, so Marathon is validating its separation physics using the non-radioactive proxies deuterium and protium.) Marathon now plans to raise a Series A based on the results.
“People have wondered for a very long time when fusion is going to come, and everyone’s waiting on the big scientific announcements,” Marathon’s CEO Kyle Schiller told me. But while the industry waits for those breakthroughs, he argued, it’s high time to start commercializing the infrastructure fusion will need to become an actual commercial industry. “Ultimately, what we’re doing is reactor agnostic. Everyone’s going to need it.”
In the near term at least, most fusion companies plan to use deuterium-tritium plasmas to power the fusion reaction. But the process is inherently inefficient — only a small fraction of the fuel actually fuses in the reaction, while the rest gets expelled, even though it still contains valuable, unburned tritium that can be captured and reused.
Today, neither tritium nor the lithium-6 needed to make more of it are produced at anything close to the scale even a single commercial fusion reactor would require to get up and running. And existing isotope separation technologies — largely designed for small-volume defense programs and experimental reactors — aren’t sufficient to bridge the gap.
“When you have a single fusion power plant, that’s going to need about 1,000 times more lithium than anyone is producing today in any country,” Schiller told me, referring to lithium-6. “It would be totally prohibitive to build a fusion power plant at those economics.”
And while it’s at least possible to produce enough of this isotope to supply a future fusion industry by enriching lithium mined from rock, tritium presents a more fundamental problem. Because it’s radioactive and decays relatively quickly, it doesn’t occur naturally in meaningful quantities. Today it’s produced commercially as a byproduct of some fission reactors, but that supply amounts to just a few kilograms per year. A single 1-gigawatt commercial fusion reactor, by contrast, would need an estimated 56 kilograms annually. Meeting that demand will require fusion companies to breed their own tritium inside the reactor, a process that involves fusion-generated neutrons hitting lithium-6 nuclei, splitting them into tritium and helium.
It will also necessitate recycling the substantial amount of tritium that passes through the reactor without burning up. That’s where Marathon’s plasma centrifuge comes in. Centrifuges themselves are nothing new — engineers have used them for decades to separate uranium isotopes for nuclear fuel, spinning the gas at such high speeds that isotopes with different masses separate. Plasma centrifuges work on the same principle and have been studied since the Manhattan Project, but no one has yet successfully commercialized the approach for lithium and hydrogen.
Part of the reason is that, until recently, there simply wasn’t much demand for these isotopes. But the raw materials also present a physics challenge: Lithium and hydrogen isotopes have very similar masses. Separating them thus requires spinning the plasma so rapidly that, historically, the resulting heat has undermined the separation process itself. To address this, Marathon’s proprietary centrifuge tech uses a “partially ionized” plasma, in which some atoms have been stripped of their electrons while others remain neutral. The company says this configuration allows the centrifuge to operate at lower temperatures.
The materials testing lab Covalent has certified Marathon’s lithium-6 enrichment. The company hasn’t had its hydrogen separation results independently verified, though an MIT nuclear engineering professor has reviewed the device’s design. As a participant in ARPA-E’s Vision OPEN program, which solicits and supports ambitious energy projects, Marathon has also presented its hydrogen separation methodology and results at the ARPA-E fusion programs meeting in June.
Now, Schiller told me, the challenge is scaling up the technology’s core systems. “We need bigger magnets, better cooling, bigger power systems, and so that’s a buildout that’s going to take time and more capital,” he said. “But as far as the science is concerned, we feel like it’s at the point where we’re ready to make those kinds of commitments.”
Marathon is now looking to raise capital to build its first commercial pilot facility, with the goal of reaching full-scale production by 2029. Schiller told me the company expects its first full-scale facility to produce tens of tons of lithium-6 per year — enough, he says, to fuel a new gigawatt-scale fusion plant roughly every two years. Marathon also plans to recover and repurpose about 560 kilograms of tritium annually — roughly the amount that cycles through a 1-gigawatt reactor’s fuel system each year, most of which exits in the reactor’s exhaust without ever fusing.
Once fusion reactors are operating at scale, Marathon has a few other tricks up its sleeve. The startup also plans to build an “isotope production” business, using the copious volume of high-energy neutrons generated by fusion to manufacture valuable isotopes. The company made headlines last year with its claim that fusion-generated neutrons could transmute mercury into an unstable isotope that eventually decays into gold — potentially doubling a fusion reactor’s economic output (and proving the old alchemists right). But that work is still theoretical, based on computer simulations rather than peer-reviewed or experimentally validated work.
Marathon certainly has plenty to keep it busy in the near term, though. “There is a really amazing opportunity right now to say, look, the fusion supply chain is ready to go. We can start scaling up,” Schiller told me. “The science will progress in parallel, and we really want to land this together — not wait another 10 years after scientific results come in.”
Current conditions: Temperatures in Sicily and southern Italy are approaching 100 degrees Fahrenheit as a heat dome settles over the north-central Mediterranean • After pounding Okinawa and injuring two people on Japan’s remote southern islands, Typhoon Saudel is barreling west toward China • A geomagnetic storm known as a coronal hole could create a visible aurora from New York to Idaho, causing minor disruptions to technological devices such as GPS.

It’s like something out of an apocalyptic disaster film. From a camera situated on a cliffside overlooking the Rasuwagadhi border checkpoint in a valley between Nepal and Tibet, you watch as several — then dozens — of people start running away from the building. Birds fly across the screen in the same direction. Finally, after a few seconds, you see what they’re trying to escape: A giant wall of gray, muddy water crashing into the roughly six-story building like an ocean wave against a sand castle. In other videos, cars, trees, and homes disappear under the roar of a river of mud and rocks. Goliath boulders roll like basketballs. Men run for their lives. An avalanche on the Chinese side of the border “triggered a wall of water with no warning,” wrote The Kathmandu Post, an English-language daily in the Nepali capital, declaring this “one of Nepal’s deadliest disasters in decades.” By Thursday morning, the death toll counted at least 332, with hundreds more people still missing. Nepal’s disaster authority told the Indian broadcaster NDTV that a “chunk of snow and rock broke off near a glacier zone” on the border and either “fell into a glacial lake or blocked the river channel” resulting in a surge that swelled into a wave of glacial ice, meltwater, and debris. While initial reports suggested the avalanche started with an earthquake, a U.S. Geological Survey analysis found that the avalanche itself set off a magnitude 5.2 landslide.
Last month the Federal Communications Commission banned the use of new types of foreign-made inverters, the equipment needed to patch solar panels and batteries onto the grid, citing the need to protect the U.S. artificial intelligence buildout from Chinese sabotage. Now the White House is stepping in to block foreign imports of yet more types of grid equipment. In an executive order Wednesday, President Donald Trump said that “continued United States reliance on foreign sources of bulk-power system electric equipment with these potential national security vulnerabilities also creates a supply chain vulnerability that could eliminate the supply of these products in the United States as a result of disruptions in international trade.” In particular, the order will affect transformers, which are facing a years-long backlog as manufacturers struggle to keep up with demand from both the data center buildout and repairs to the grid after extreme weather mangles power equipment. The Biden administration had sought to increase the energy efficiency standards for transformers, paralyzing manufacturers who opposed the regulation and could not make investments into new assembly lines to meet surging demand until the fate of the rule was resolved. The Biden-era Department of Energy ultimately withdrew its proposal. While the Trump administration policy now will further protect those domestic factories, the import restrictions could, in the meantime, make obtaining the equipment primarily made overseas more difficult.
The Trump administration is set to speed up permitting reviews for oil and gas drilling in the Arctic. On Wednesday, Public Domain broke news that the Department of the Interior is planning to publish a categorical exclusion to the National Environmental Policy Act “that would make it easier for the oil and gas industry to conduct seismic surveys, obtain rights of way, and drill new exploration wells” in the National Petroleum Reserve in Alaska, a nearly 36,000-square-mile area on the continent’s northern Arctic Ocean coast.
The proposal, which the Interior Department confirmed, comes as a particularly devastating blow to the Native Village of Nuiqsut, which had brokered a deal with the Biden administration to create a nearly million-acre caribou reserve to foster a herd on which the indigenous residents have long depended. But former Nuiqsut Mayor Rosemary Ahtuangaruak told the public-lands-focused investigative site that new drilling activity around the village has already changed the herd’s migration patterns. “All of the contractual agreements that were supposed to guide how development is going to occur have been ripped out of the books,” she said. “We feel that it doesn’t matter that we have a unique DNA, a small community of 500 people, that are just being totally disregarded and sacrificed for the greed of development.”
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Back in May, I told you about Otovo, the new startup from the former chief executive of defunct rooftop solar giant Sunnova. Instead of installing solar panels, the new company repairs rooftop photovoltaic units, in addition to batteries and generators — a sort of AAA for home energy equipment. Otovo started in Norway, targeting millions of homeowners across Europe with solar panels from installers that went out of business and left customers without maintenance service. The company has mounted a global expansion into the United States by buying smaller solar companies and maintenance providers. On Thursday, Otovo plans to announce two deals to make its latest acquisitions: Oahu-based PV Hawaii and Mr. Elektro in Norway and Sweden. The combined value of the deals — which are being reported first in this newsletter — is about $4.6 million. “PV Hawaii and Mr. Elektro bring licensed, experienced local teams that strengthen how we serve customers, and they extend our platform into Hawaii for the first time while deepening our reach across Norway and Sweden,” Otovo CEO John Berger told me in a statement.

You read that right. Unless you (like, uh, some people…) are familiar with late 20th century Melanesian geopolitics, you may not know the story of Bougainville. The island province off Papua New Guinea long had a troubled history. Ethnically, its people are related to those of the Solomon Islands, but German colonial borders hemmed the mineral-rich isle into the territory controlled by Port Moresby. In the 1970s, Anglo-Australian mining giant Rio Tinto built the Panguna mine in the center of the island. Pollution and labor violations plagued the open-pit copper and gold mine, ultimately fueling a separatist rebellion. A conflict, known as the Bougainvillean Civil War, erupted in 1988 and lasted for 10 years, only ending with a peace accord that allowed for a referendum on independence. In 2019, the autonomous province voted nearly unanimously in favor of breaking away from Papua New Guinea. The non-binding vote has yet to be ratified by the parliament in Port Moresby. But the leaders of Bougainville expect to become the world’s newest country by 2030.
To fund its sovereignty, the island wants to reopen Panguna. Last November, Ishmael Toroama, the president of Bougainville, signed a memorandum of understanding with Lloyds Metals and Energy. The Indian iron-ore miner won the deal “despite warnings from Bougainville’s majority state-owned mining company, Bougainville Copper, that Lloyds lacked the technical and financial capacity of rival bidders,” the Organized Crime and Corruption Reporting Project reported in a major new investigation. Just a month earlier, Toroama confirmed to OCCRP, “he accepted an offer from Lloyds’ managing director Balasubramanian Prabhakaran to arrange for his wife to travel to India and have a life-saving kidney operation at no cost to the president.” Toroama told OCCRP that the gift did not weigh on his decision to select the Mumbai-based Lloyds for the project.
The first step in the Department of Energy’s effort to propel new reactor technologies to market was a pair of pilot programs to speed up development of projects from both power and fuel producers. The next step is the “nuclear launch pad” initiative at the Idaho National Laboratory’s National Reactor Innovation Center. This week, the agency announced the first 12 companies to participate in the new program, which bills itself as providing “flexible technical and regulatory frameworks designed to fast-track paths from concept to deployment.” The list includes microreactor developers Antares Nuclear, Atlas Atomics, Oklo, Valar Atomics, Scaled Atomics, and two projects from Deployable Energy; fuel makers Forge Atomics, Hexium, Lightbridge Corporation, Raven-Flint Nuclear, and Sublime Nuclear; and medical isotope startup Nusano. “These selections show a strong and growing interest from developers ready to move their technologies forward,” Brad Tomer, the director of the National Reactor Innovation Center, said in a statement. Meanwhile, another startup spinning out from the Massachusetts Institute of Technology announced a big initial funding round. Apollo Atomics — which aims to build next-generation pressurized water reactors, the type of reactor that makes up the bulk of the global fleet — announced a $31 million seed financing round, NucNet reported.