CleanTech

Global investment in fusion energy rises the most since 2022

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WASHINGTON: Global fusion energy investment grew by $2.64 billion in the year since last July, an industry group said in an annual industry survey on Monday, but companies said they need much more money to take the industry commercial.

The investment rise took place in places including the United States, the EU, Japan, China and Britain and was the highest since 2022.

Total funding since 2021 for the 53 fusion companies in the survey by the Washington-based Fusion Industry Association, is now nearly $9.77 billion, a five-fold increase. This year’s…

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