Browsing: Americas

The United States has brought only two new large nuclear reactors online in the past three decades, despite repeated attempts to revive the industry. The Department of Energy’s decision to make $17.5 billion in loans available for ten new reactors represents the most significant federal effort in years to reverse that trend and determine whether standardized deployment can finally overcome the cost overruns and delays that have defined modern U.S. nuclear construction.

The shift toward large scale renewable energy deployment in the United States is increasingly becoming a financing and infrastructure challenge rather than a technology question. Permanent Power Company, a national power platform backed by CIM Group, has secured approximately $600 million in construction financing for its Grape solar and energy storage project in California, highlighting the growing role of hybrid renewable projects in addressing grid reliability and clean energy demand.