FAQ: Terra Innovatum and Ameresco Partnership for SOLO Micro-Modular Reactor Deployment

What is the main purpose of the partnership between Terra Innovatum and Ameresco?

The partnership establishes a comprehensive framework for siting, development, construction, integration, operation, and decommissioning planning of SOLO micro-modular reactors, with a goal to deploy 50 reactor units across federal and commercial sites.

Who are the key companies and individuals involved in this partnership?

The partnership involves Terra Innovatum Srl (developer of SOLO reactors), GSR III Acquisition Corp., and Ameresco. Key individuals include Alessandro Petruzzi (CEO of Terra Innovatum), Giordano Morichi (Partner, Chief Business Development Officer & Investor Relations), and Nicole Bulgarino (President of Federal Solutions and Utility Infrastructure at Ameresco).

How many SOLO reactors are planned for deployment through this partnership?

The agreement targets the deployment of 50 SOLO reactor units across federal and commercial sites.

What expertise does Ameresco bring to this collaboration?

Ameresco brings decades of experience in delivering advanced energy solutions across federal and commercial markets, along with a national network and expertise in identifying siting opportunities on public and private land.

Where will the SOLO reactors be deployed?

The reactors will be deployed across federal and commercial sites in the U.S. and international markets, leveraging Ameresco’s network to identify siting opportunities on public and private land.

What is the SOLO micro-modular reactor and what are its key features?

SOLO is a micro-modular nuclear reactor designed to deliver simple, safe, scalable, affordable, and deployable power solutions, providing 1 MWe at a time and addressing global energy shortages with environmentally conscious energy.

When is the SOLO reactor expected to be available globally?

It is anticipated that SOLO will be available globally within the next three years.

What are the main benefits of this partnership according to the companies involved?

The partnership provides a multi-tiered path to market, enables parallel deployment for U.S. government and private sector opportunities, supports mission readiness and energy assurance, and advances the commercialization of safe nuclear power technology.

How does this partnership support Terra Innovatum’s mission?

The partnership supports Terra Innovatum’s mission to make nuclear power accessible by leveraging Ameresco’s network to expand reach, advance their vision and path to market, and deploy scalable, affordable reactor solutions.