As it prepares to test a prototype of its Kaleidos microreactor at Idaho National Laboratory's DOME facility, Radiant Industries has secured USD100 million in Series C funding bringing the company's total venture funding to USD160 million.

The engineering, procurement and construction management contract for the completion of Romania's Cernavoda units 3 and 4 has been signed with the FCSA Joint Venture including Fluor, AtkinsRéalis, Ansaldo Nucleare and Sargent & Lundy Energie.

The International Atomic Energy Agency and the European Bank for Reconstruction and Development have signed a memorandum of understanding to broaden their collaboration in the nuclear energy sector.

The US International Development Finance Corporation has signed a letter of interest with Polskie Elektrownie Jądrowe to provide more than PLN4 billion (USD980 million) in financing for Poland's first nuclear power plant.

The World Economic Forum has released a framework to help align stakeholders on key actions and strategies to accelerate deployment of small modular reactors and other advanced nuclear technologies.

The Czech Republic's competition authority has issued a preliminary ruling rejecting the appeals by Westinghouse and EDF about the tender process for new nuclear units in the country which saw Korea Hydro & Nuclear Power selected.

Micro modular reactor and TRISO fuel company Ultra Safe Nuclear Corporation says it is seeking to run a sale process after filing for Chapter 11 bankruptcy protection in the USA.

Slovakia has been awarded a grant from the USA's Nuclear Expediting the Energy Transition (NEXT) project for help in selecting a site for the construction of small modular reactors in the country.

The Board of Directors at the US Export-Import (Exim) Bank has approved a final commitment for a USD98 million loan for pre-project services needed for the development of a first-of-kind NuScale small modular reactor in Romania.

The US Department of Energy has finalised a USD1.52 billion loan guarantee for Holtec International's project to recommission the single-unit pressurised water reactor, and the Department of Agriculture has issued USD1.3 billion in grants to two rural electric cooperatives that will purchase power from the restarted plant.

Westinghouse Electric Company and Bechtel said they welcome the announcement by the Polish government of its intention to allocate PLN60 billion (USD15.7 billion) to fund the country’s first nuclear power plant.

A finance-focused edition examines the significance of the declaration of support by 14 international banks for the goal of tripling nuclear capacity - and also hears from some of the key decision-makers about the challenges for private finance in new nuclear, and their ideas for smoothing that path.