New EU Commission Wants to Increase Investment for Cleantech and Further Promote Research and Innovation
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New EU Commission Wants to Increase Investment for Cleantech and Further Promote Research and Innovation

Ursula von der Leyen was re-elected as European Commission president after a speech in the European Parliament in Strasbourg presenting her political guidelines for the next five years. In her political priorities for the next EU 2024-2029 mandate, she emphasized the need to boost Europe’s competitiveness through massive investment.

Gov. Inslee, Sen. Murray visit Washington fusion startups as funding heats up despite tech hurdles

Gov. Inslee, Sen. Murray visit Washington fusion startups as funding heats up despite tech hurdles

The fusion industry last year pulled in more than $900 million of private and public funding in the quest to produce power by smashing atoms together. That brings the total sum invested in the sector to more than $7.1 billion, according to a report out Wednesday from the Fusion Industry Association.

FIA Launches 2024 Global Fusion Industry Report
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FIA Launches 2024 Global Fusion Industry Report

The fusion industry has now attracted over $7.1bn of investment, according to an annual report by the Fusion Industry Association (FIA), with over $900 million of new funds backing the technology since last year. As part of that, total public funding increased by 57% in the last 12 months to $426m, showing governments increasingly see public-private partnerships as central to making commercial fusion a reality.