The venture capital arm of multinational technology company NVIDIA is among investors in the USD650 million capital raise, which TerraPower says will support the first Natrium plant as well as the company’s plans to rapidly deploy additional units in the US and abroad.
The European Commission has assessed that lifetime extensions and new large-scale reactors planned by member states will need investment of EUR241 billion (USD279 billion) by 2050 - with more needed for small modular reactors and advanced modular reactors.
The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the potential of small modular reactors in developing countries.
The UK government is committing GBP14.2 billion (USD19.1 billion) towards the building of the Sizewell C plant in Suffolk, England, which will be a "replica" of Hinkley Point C featuring two of EDF's EPR reactors.
A 20-year power purchase agreement between Meta and Constellation will secure the long-term operation of Constellation's Clinton Clean Energy Center, while the tech company is also moving forward with its process to develop nuclear capacity at new US locations.
The go-ahead has been given for Ontario Power Generation to begin construction of the first of four small modular reactors at the Darlington New Nuclear Project site - the total projected cost is CAD20.9 billion (USD15.1 billion), but what does that figure include?
Sweden's parliament - the Riksdag - has approved the government's proposals for providing state aid to companies that want to invest in new nuclear reactors in the country. The new law will enter into force later this year.
Following an earlier funding round, France's EDF and private equity specialist Siparex have announced a second round of funding to strengthen strategic companies in the country's nuclear supply chain.
French radioactive waste management agency Andra has estimated the overall cost of constructing, operating and closing France's planned deep geological repository for the disposal of high- and intermediate-level radioactive waste at between EUR26.1 billion (USD29.1 billion) and EUR37.5 billion (at 2012 prices).
The Czech government has announced plans for a state loan to finance construction of two new units at the Dukovany nuclear power plant, with a contract scheduled to be signed with Korea Hydro & Nuclear Power next week.