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India Urged to Adjust Green Finance Rules to Support Nuclear Power Expansion

Indian officials and industry insiders said recently that if India is to achieve its goal of increasing nuclear power installed capacity to 100 gigawatts by 2047, it needs to revisit existing green finance rules and accelerate the cultivation of professional talent in the nuclear energy sector. Abhay Karandikar, a member of India's NITI Aayog, stated at the India Power Expo held in New Delhi that India's sovereign green bond framework, green deposits, and related financing rules currently do not cover nuclear energy investments and should be reviewed and adjusted. He noted that some global financial institutions, including the World Bank, have begun reassessing relevant arrangements to support nuclear energy projects...

2026-09-03

US Realta Fusion and MGE Plan to Jointly Develop 200 MW Fusion Power Plant

Realta Fusion, a company developing magnetic mirror fusion energy technology, announced on September 2 that it has established a strategic partnership with Madison Gas and Electric (MGE) and its parent company MGE Energy, Inc. The two parties will jointly evaluate the feasibility of co-developing a 200 MW electric-class fusion energy power plant in Wisconsin, USA. Under the collaboration arrangement, the first phase includes a direct equity investment by MGE Energy in Realta Fusion. MGE has also agreed to provide equipment, engineering, and technical support to Realta Fusion, as well as assistance in project siting, permitting, grid interconnection, and financing to advance preliminary work for the proposed 200 MW fusion power project.

2026-09-03

IAEA Confirms Undeclared Nuclear Facilities in Syria

A confidential report by a United Nations agency reveals that after IAEA inspectors visited multiple locations in Syria in August this year, they confirmed that the former Syrian authorities had failed to declare relevant nuclear materials, nuclear facilities, and nuclear activities as required by the safeguards agreement under the Treaty on the Non-Proliferation of Nuclear Weapons. The report states that the information includes a nuclear reactor that was under construction in Deir ez-Zor, a fuel fabrication facility, and another site used for fuel storage during the former government era. For a long time, there has been external suspicion that Syria had secretly pursued a nuclear program, with a facility in Deir ez-Zor province believed to be a nuclear reactor built with assistance from North Korea. The facility was destroyed by an Israeli airstrike in 2007...

2026-09-03

Rosatom Plans to Discuss Floating Nuclear Power Plant Project with Indonesia

Alexey Likhachev, CEO of Rosatom, said on September 2 that the company will continue talks with the Indonesian side on the construction of small-scale nuclear power plants during the Eastern Economic Forum, with a key focus on cooperation in floating nuclear power plants. Likhachev noted that Indonesia's economy is growing rapidly, its population continues to expand, and electricity demand is rising accordingly, while the country has shown strong interest in developing nuclear energy. He believes that Indonesia's geography, consisting of numerous islands with a long coastline, makes floating nuclear power plants practically applicable. According to him, floating nuclear power plants are a key area of international cooperation that Rosatom is advancing...

2026-09-03

Verdera Energy to Sell 100% Interest in Treeline Uranium Project in New Mexico, USA

Verdera Energy Corp. recently announced that it has entered into a mineral property purchase and sale agreement with Americas Uranium Corp. to sell 100% of its interest in the Treeline uranium project located in New Mexico, USA, with the transaction remaining subject to related royalty arrangements. Under the agreement, Americas Uranium will acquire all interests in the Treeline mineral properties and related titles. The consideration includes US$100,000 in cash payable at closing, and Americas Uranium common shares totaling C$2 million payable in installments over 36 months following closing, with 90% of the share consideration to be paid in stages within that period. In addition, Verdera will retain a 1.5% net proceeds royalty on uranium from the project and a 1.5% net smelter returns royalty on other minerals produced from the project. The royalty can be reduced to 1.0% upon payment of C$400,000 to Verdera.

2026-09-03

DOE Officials Visit Fort St. Vrain Spent Fuel Storage Facility in Colorado

Tim Walsh, Assistant Secretary of the U.S. Department of Energy's Office of Environmental Management (EM), recently visited the Fort St. Vrain spent nuclear fuel storage facility near Platteville in northern Colorado. The facility is managed by the DOE's Idaho Cleanup Project (ICP) and its contractor, Idaho Environmental Coalition (IEC). During the visit, Walsh inspected the storage facility and multiple supporting buildings to learn about the operational mission and historical background of the Fort St. Vrain facility. The facility currently stores spent nuclear fuel from the former Fort St. Vrain power station, which operated using gas-cooled reactor technology and was shut down in 1979...

2026-09-02

New Hampshire Advances Nuclear Power and Small Modular Reactor Roadmap

The U.S. state of New Hampshire is making the expansion of nuclear power a priority in its next phase of electricity policy. The state government is developing an advanced nuclear energy roadmap, expected to cover the utilization of existing nuclear resources, construction of advanced nuclear plants, and potential deployment scenarios for small modular reactors (SMRs), with a preliminary plan slated for release in September. Governor Kelly Ayotte has directed the state's energy department to advance the roadmap's development. The state is currently soliciting input from utilities, consumer representatives, and energy industry stakeholders to assess nuclear power's role in addressing rising electricity demand and high electricity prices. New England...

2026-09-02

Iran Still Denies IAEA Inspectors Access to Some Nuclear Facilities

A recent report shows that Iran has still not allowed International Atomic Energy Agency (IAEA) inspectors to access some of its nuclear facilities, including sites in Isfahan, Natanz, and Fordow that were previously damaged in airstrikes. The report states that the IAEA had previously detected over 440 kilograms of highly enriched uranium and nearly 8,600 kilograms of low-enriched uranium at these locations. Due to the current lack of sufficient information on the status and whereabouts of the relevant nuclear materials, IAEA Director General Rafael Grossi has expressed concerns over nuclear non-proliferation risks and called on Tehran to allow inspectors to access the facilities for verification as soon as possible. The report also mentions that inspectors...

2026-09-02

South Korea's Uljin Pushes Forward with Nuclear Hydrogen Industrial Complex Development

Uljin County in North Gyeongsang Province, South Korea, is seeking support from the National Assembly and the government to promote the construction of the Uljin Nuclear Hydrogen National Industrial Complex, with the goal of establishing the region as a clean hydrogen production hub through supporting policies such as stable power supply and hydrogen pipeline networks. On August 31, Uljin County Governor Hwang Ui-jo attended a nuclear hydrogen policy seminar held at the National Assembly Members' Office Building to present the progress of the Uljin Nuclear Hydrogen National Industrial Complex and the policy tasks required for developing the nuclear hydrogen industry. The seminar was hosted by the National Assembly Hydrogen Economy Forum, with participants from the National Assembly, government, local governments, industry, academia, and...

2026-09-02

Blykalla Establishes Advanced Nuclear Reactor Technology Center in Austin

Advanced nuclear technology company Blykalla announced it will establish a new technology center in Austin, Texas, to expand its engineering and reactor R&D operations in the United States. Located at 801 Barton Springs Road in Austin, the center will house engineering and reactor development teams to strengthen the company's local operations and advance collaboration with its U.S. partners, regulators, and stakeholders in the clean energy industry. Blykalla stated that the Austin technology center will serve as its U.S. hub for engineering and advanced nuclear reactor R&D. The company currently operates two complementary business centers in the U.S.—Austin and New York: Austin focuses on technology R&D and engineering...

2026-09-02

Global Advanced Nuclear Energy Market Report Focuses on SMR and Fusion Development

The recently released "Global Advanced Nuclear Energy Market Report 2027–2047" shows that the global advanced nuclear energy industry is transitioning from concept validation and early-stage R&D to a new phase where project deployment, capital inflow, and supply chain development proceed in parallel. The report uses 2027 as the base year with a two-year baseline period to assess the development trajectory of the advanced nuclear energy market over the next 20 years. It covers small modular reactors (SMRs), nuclear fusion, and a range of emerging advanced nuclear technologies, including molten salt reactors, high-temperature gas-cooled reactors, lead-cooled fast reactors, sodium-cooled fast reactors, microreactors, advanced fuel cycles, integrated nuclear energy systems, and the application of artificial intelligence in nuclear power plant operations...

2026-09-02

Putin Says Unit 1 of Turkey's Akkuyu Nuclear Power Plant Expected to Start in 2026

Russian President Vladimir Putin stated that he believes Rosatom can start Unit 1 of Turkey's Akkuyu Nuclear Power Plant as scheduled in 2026. According to relevant information, Putin arrived in Kyrgyzstan on August 31 to attend the Shanghai Cooperation Organization summit. On September 1, he held talks with Turkish President Recep Tayyip Erdogan. During the talks, the two sides mentioned cooperation in the energy sector, with the Akkuyu Nuclear Power Plant project being a key focus. Putin stated that the two countries' major joint projects are still progressing, including the well-known Akkuyu Nuclear Power Plant...

2026-09-02

Japan's Helical Fusion Technology Selected as Candidate for METI's Fusion Demonstration Program

Helical Fusion Co., Ltd. has recently been selected as a final candidate for the fusion power demonstration project support program by Japan's Ministry of Economy, Trade and Industry (METI). The program aims to align with Japan's national fusion strategy, advancing fusion energy into the demonstration phase by the 2030s and building the technical foundation for subsequent commercialization. The left image shows Helix HARUKA, Helical Fusion's integrated demonstration device; the right image shows Helix KANATA, Helical Fusion's fusion test plant. Under the current arrangement, the program will provide approximately 60 billion yen in government funding over three years through 2028, supporting private-sector R&D across multiple fusion technology...

2026-09-01

U.S. University Establishes Fusion Energy Seed Fund to Support Four Interdisciplinary Research Projects

The Institute for Fusion Studies at The University of Texas at Austin recently launched a fusion energy seed fund to support four interdisciplinary research projects. These projects will bring together teams from plasma physics, engineering, and computational science to address challenges in control, materials, particle confinement, and edge plasma simulation faced by fusion devices such as tokamaks. The fund is supported by the Institute for Fusion Studies (IFS), the Oden Institute for Computational Engineering ...

2026-09-01

Kazakhstan Plans to Expand Researcher Participation in CERN High-Energy Physics Projects

Sayasat Nurbek, Acting Minister of Science and Higher Education of Kazakhstan, recently held talks with Mark Thomson, Director-General of the European Organization for Nuclear Research (CERN), during which the two sides exchanged views on deepening scientific and technological cooperation between Kazakhstan and CERN, with a focus on expanding cooperation in the field of high-energy physics and promoting researcher participation in CERN projects. According to the Ministry of Science and Higher Education of Kazakhstan, the Kazakh government and CERN signed an international cooperation agreement in 2018, laying the foundation for a long-term scientific research partnership between the two sides. At present, the two sides have drafted a supplementary protocol to the agreement, which plans to further specify the participation of Kazakh researchers in CERN...

2026-09-01