Mitsubishi Electric Co. (MELCO) and Holtec Resolve to Broaden Cooperation with SMR-160 as the Centerpiece

NEWS FROM HOLTEC INTERNATIONAL

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Officials of the Mitsubishi Electric Co. (Japan), their US subsidiary Mitsubishi Electric Power Products, Inc. (MEPPI) and Holtec (pictured above) held strategic alliance discussions at the Holtec Technology Campus in Camden, New Jersey to reinforce their resolve to forge ahead with renewed vigor to complete the licensing of SMR-160 and to broaden their cooperation. 

Mitsubishi Electric is a global company with approximately $40 Billion in revenue and 130,000 employees.  MELCO’s Energy & Industrial Systems Group, its sprawling presence in Japan shown in the schematic below, was the first major international company to join Holtec’s SMR-160 program.  PSEG Power, LLC was the first company to join the program in 2012 and has been a major contributor ever since. Read More