GE Vernova, a spinoff of General Electric, is looking to deploy small modular reactors across the developed world to meet rising electricity demand and reduce carbon emissions. The company’s BWRX-300 reactor aims to simplify design and construction, potentially cutting costs to $2-4 billion compared to $10-15 billion for larger plants. GE Vernova is targeting $2 billion in annual revenue by the mid-2030s, with plans to ship three to four reactors per year to meet demand in the U.S., Canada, the UK, and Europe.
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Trump administration investigating California university over foreign gifts | Trump administration
The Trump administration initiated an investigation into UC Berkeley regarding foreign funding, reviving past criticisms linked to its partnership with China's Tsinghua University. This move follows Trump's executive orders aimed at enforcing federal disclosure laws for foreign gifts over $250,000, as Education Secretary Linda McMahon cited failures in UC Berkeley's disclosures of substantial foreign funding, including a reported $220 million from the Chinese government. In response, UC Berkeley denied the allegations, stating it has cooperated...
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