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Biden administration to lend $1.5 billion for Michigan nuclear power plant revival
Credit: IndiaTimes- Published on March 28, 2024
The US government approves a $1.5 billion loan to restart the Palisades nuclear power plant, set for revival by late 2025 with support from Michigan state and the Biden administration. Governor Whitmer hails it as a significant milestone, emphasizing the importance of nuclear power for clean electricity and job creation.
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