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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

World Bank to Give $199 Million for Bangladesh Electricity

LCG, June 26, 2002--Yesterday, the World Bank allotted money in the form of credit and grants to Bangladesh for energy development.

The $199 million consists of $191 million interest-free credit and an $8 million grant.

The World Bank intends the money to be used in rural electrification and renewable energy project, to expand service to 700,000 remote customers.

The project is estimated to cost $298 million, $92 million of which will come from the Bangladesh government.

About 10 million households in Bangladesh do not have electricity. The population of Bangladesh is over 133 million.

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