Ameresco Moves into SMR Nuclear Development through Terrestrial Energy Partnership
Longtime renewable energy and microgrid developer Ameresco, which only recently announced it was hiring a first-ever director of nuclear partnerships to shift its focus from solar to small modular reactor (SMR) projects for future data center customers, has wasted no time in connecting with its first revealed partner.
This week SMR startup Terrestrial Energy announced its new partnership with Ameresco. The collaboration will work to advance Terrestrial Energy’s planned IMSR plant, including site identification and project development.
Earlier this year, Texas A&M University selected Terrestrial Energy as one of several SMR design firms to collaborate around campus research for advanced and microreactor technologies. The A&M deal could allow Terrestrial Energy to site a commercial IMSR plant at the university’s RELLIS campus.
“Our collaboration with Terrestrial Energy reflects our commitment to expanding the capabilities of our clean energy portfolio,” said Nicole Bulgarino, President of Federal Solutions and Utility Infrastructure at Ameresco, in a statement. “By exploring hybrid energy systems that leverage the IMSR plant’s heat and power output, we’re enhancing our ability to deliver reliable, cost-effective, and sustainable solutions tailored to the evolving needs of data centers and industrial customers.”
Earlier this month, Ameresco announced it had hired longtime Westinghouse Electric nuclear sector leader Cenk Güler as its first-ever director of nuclear partnerships. The move was a sign of the company’s shift to prioritize SMR nuclear solutions for data center and digital infrastructure customers of the future.
No SMR projects have been built in the U.S. yet, but numerous designs and development deals are going forward as tech giants seek resilient power that is also carbon-free. On other fronts, Microsoft and Meta have signed long-term nuclear power purchase agreements with utility generator Constellation that will fund reopening of Three Mile Island Unit 1 in Pennsylvania and renew the license of the Clinton reactor in Illinois, respectively.