The U.S. Nuclear Regulatory Commission has authorized the Tennessee Valley Authority to construct Clinch River Unit 1, a GE Vernova Hitachi Nuclear Energy BWRX-300 small modular reactor near Oak Ridge, Tennessee. The review concluded in 14 months, four months faster than the NRC's projected timeline, and marks only the second construction authorization for a novel U.S. reactor design in more than a decade. The 300-megawatt reactor is designed to use modular components and could supply about 300,000 homes. TVA continues seeking a partner to share first-of-a-kind construction costs, with data centers and other large electricity users among potential candidates. GE Vernova shares closed at $962.49 on Tuesday, up 1% and extending their monthly gain to 6%. Zacks Investment Research rates the stock Hold with a Zacks Rank of #3, while analysts project earnings of $4.08 per share and revenue of $12.07 billion.