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TerraInnovatum Partners with Ameresco to Jointly Pursue Public-Private Commercial Opportunities in the U.S. and Global Markets to Deploy SOLO Micro-Modular Reactors
Globenewswire· 2025-09-29 12:00
Core Insights - Terra Innovatum and GSR III Acquisition Corp have signed a memorandum of understanding with Ameresco to establish a framework for the deployment of SOLO™ micro-modular reactors, aiming for 50 units across federal and commercial sites [1][3] Company Overview - Terra Innovatum is focused on making nuclear power accessible through scalable and safe micro-reactor solutions, delivering energy at a capacity of 1 MWe at a time [4] - The company aims to address global energy shortages by leveraging advanced nuclear technology with the SOLO™ Micro-Modular Reactor (SMR™) [5] Technology and Deployment - The SOLO™ reactor is engineered to meet global energy demands and is expected to be available globally within the next three years, having been developed over six years [6] - SOLO™ is designed to utilize readily available commercial components, ensuring rapid deployment and minimizing supply chain risks [6] - The reactor supports both Low Enriched Uranium (LEU+) and High-Assay Low-Enriched Uranium (HALEU), allowing for future fuel supply transitions [6] Applications and Benefits - SOLO™ offers versatile applications, providing CO2-free power solutions for data centers, remote towns, and large-scale industrial operations in sectors like cement, oil and gas, and mining [7] - The modular design allows for scaling up to deliver over 1 GW of CO2-free power, making it suitable for replacing fossil fuel-based thermal plants [7] - In addition to electricity generation, SOLO™ can produce radioisotopes for medical applications, particularly in oncology research and cancer treatment [7]