US strikes Iran for tenth straight night as Tehran hits Kuwait base; American death toll reaches 17Iranian missile hit US troop housing at Jordan base; Aqaba airport and port evacuatedHouthis declare Saudi naval blockade as fresh tanker attacks hit the Strait of HormuzBrent crude back above $90 as Gulf war rattles stocks, currencies and rate-settersTrump imposes 50% tariffs on Canadian goods under untested 1930 trade lawMerz signals cabinet reshuffle after Spahn quits as parliamentary leader over surrogacy rowBurnham takes office as UK prime minister, names Healey chancellor and calls TrumpRussia hits Kyiv with one of the war's largest ballistic barragesUkrainian drones and sea drones strike Russian oil terminals, power grid and Black Sea shipsFerry with about 133 aboard capsizes off Guyana; dozens missingAt least 50 Malian soldiers killed in jihadist–separatist ambush near AnefisChina uses WAIC to press its claim to lead 'global AI governance'Heatwave fuels major wildfires in Spain and Greece; nearly 50,000 hectares burnedUS strikes Iran for tenth straight night as Tehran hits Kuwait base; American death toll reaches 17Iranian missile hit US troop housing at Jordan base; Aqaba airport and port evacuatedHouthis declare Saudi naval blockade as fresh tanker attacks hit the Strait of HormuzBrent crude back above $90 as Gulf war rattles stocks, currencies and rate-settersTrump imposes 50% tariffs on Canadian goods under untested 1930 trade lawMerz signals cabinet reshuffle after Spahn quits as parliamentary leader over surrogacy rowBurnham takes office as UK prime minister, names Healey chancellor and calls TrumpRussia hits Kyiv with one of the war's largest ballistic barragesUkrainian drones and sea drones strike Russian oil terminals, power grid and Black Sea shipsFerry with about 133 aboard capsizes off Guyana; dozens missingAt least 50 Malian soldiers killed in jihadist–separatist ambush near AnefisChina uses WAIC to press its claim to lead 'global AI governance'Heatwave fuels major wildfires in Spain and Greece; nearly 50,000 hectares burned
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Small Nuclear Reactors

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Wednesday, 1 July 2026Economy

Turkey plans up to 20 small nuclear reactors with US firm ARC

The Turkish conglomerate IC Holding plans to build up to 20 small modular nuclear reactors (SMRs) together with the US company ARC. The facilities are to be built in Turkey and neighboring countries.

According to Daily Sabah, the Turkish conglomerate IC Holding plans to develop up to 20 small modular nuclear reactors (SMRs) as part of a strategic partnership with the US company ARC. Sites are envisaged in Turkey as well as in neighboring countries. The project aligns with the growing international interest in SMRs, which are seen as a more compact, faster-to-build alternative to classic large power plants and are meant to cover rising energy demand. Whether and when the ambitious figure of 20 reactors will be realized is open at this point: permits, financing and the still young SMR technology are considerable uncertainty factors. The report comes from the pro-government source Daily Sabah and mainly reflects the announcement by the companies involved.

Daily Sabah