Meralco is reviving discussions with US nuclear startup Valar Atomics as part of its push to develop small modular reactor (SMR) technology in the Philippines.
The utility said it is scheduled to hold talks with the Utah-based firm in the coming days while also keeping its options open to other SMR technologies.
Meralco emphasized that any partner must demonstrate a proven track record, noting caution against using the country as a testing ground for unproven systems.
The company’s nuclear roadmap, supported by a $2.8-million US Trade and Development Agency grant, is focused on feasibility studies, regulatory readiness, safety, cost competitiveness, and technology maturity.
The plan has faced scrutiny from environmental groups, including Greenpeace Philippines, which raised concerns over safety and the startup’s lack of an established industrial record.
Source: PhilNews24 | July 2, 2026
MERALCO STUDIES PARTNERSHIP WITH VALAR ATOMICS FOR SMR DEVELOPMENT
Latest from Business
Mynt Inc., the parent company of e-wallet giant GCash, has filed for a P92.3-billion initial public
Capital Economics expects the Philippine economy to grow below the government’s targets over the next three
The Philippines joined 34 other economies in signing a US-led joint statement supporting the responsible and
The United States Department of Agriculture has raised its rice import forecast for the Philippines to
Shakey’s Pizza Asia Ventures Inc. is restructuring its store network by closing 15 to 20 underperforming