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Energy Startup News, Week 14, 2025

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Oklo
Sweden Introduces State Aid to Boost Nuclear Expansion

The Swedish government has unveiled a state credit guarantee scheme of nearly $5.4 billion to support new nuclear power projects. This move aims to stabilize electricity prices and secure energy independence, marking a major policy shift toward long-term nuclear investment.

🔗 https://finance.yahoo.com/news/sweden-offers-state-aid-price-122406264.html

TerraPower on Track to Deploy Natrium Plant Within 5 Years

TerraPower CEO Chris Levesque confirmed that the company is on schedule to launch its first Natrium advanced reactor by the end of the decade. The plant, currently under development in Wyoming, is poised to redefine commercial-scale nuclear deployment.

🔗 https://www.geekwire.com/2025/terrapower-ceo-says-company-on-track-to-deploy-first-of-a-kind-next-gen-nuclear-plant-in-5-years/

Terrestrial Energy Goes Public, Raises $280 Million via SPAC Merger

Canadian nuclear startup Terrestrial Energy has gone public through a SPAC deal, netting $280 million to fund its Integral Molten Salt Reactor (IMSR) technology. The funds will support licensing, commercialization, and early deployment of fourth-gen reactors.

🔗 https://www.neimagazine.com/news/terrestrial-energy-goes-public/

Oklo Returns to NRC After Initial License Rejection

After its rare license denial in 2022, nuclear startup Oklo is making a comeback with a revised application for its 75 MW compact reactor design. The move reflects persistent innovation and the startup’s confidence in its next-generation SMR model.

🔗 https://www.utilitydive.com/news/oklo-75-mw-reactor-design-smr-nuclear/743578/

Marvel Fusion and Germany Aim for 1GW Fusion Breakthrough

German startup Marvel Fusion is leading efforts to develop a 1 GW fusion power plant, supported by the German government in a major public-private partnership. The project represents a bold step toward commercial fusion energy and showcases Europe’s commitment to next-gen energy innovation.

🔗 https://interestingengineering.com/energy/germany-1gw-nuclear-fusion-power-plant?group=test_b

NuScale Faces Uncertainty Amid SMR Deployment Delays

As NuScale re-evaluates its project timelines, questions are emerging about the future of SMR commercialization. Industry watchers debate whether NuScale can maintain its early-mover advantage amid rising competition and regulatory hurdles.

🔗 https://www.nasdaq.com/articles/where-will-nuscale-power-be-5-years-1

Holtec Leads U.S.–India SMR Alliance for Clean Energy Expansion

Holtec is partnering with Tata Consulting Engineers and Larsen & Toubro to accelerate the deployment of small modular reactors (SMRs) in India. The initiative highlights a deepening U.S.–India strategic energy alliance, focused on expanding clean energy access and long-term energy security.

🔗 https://www.business-standard.com/external-affairs-defence-security/news/us-india-nuclear-energy-holtec-tata-consulting-engineers-larsen-toubro-smr-125033000130_1.html
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