Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects.

Finnish utility Teollisuuden Voima Oyj has signed a EUR75 million (USD85 million) loan agreement with the Nordic Investment Bank to finance safety upgrades at units 1 and 2 of the Olkiluoto nuclear power plant.

The Czech Republic's competition authority has dismissed EDF's appeal against the process used to select Korea Hydro & Nuclear Power for new nuclear power capacity in the country.

A Tennessee Valley Authority-led coalition including BWRX-300 developer GE Hitachi Nuclear Energy has submitted an application for the revised federal funding to support the US deployment of small modular reactors. Holtec has also announced its application to the USD800 million programme.

Ontario's Independent Electricity System Operator has verified that Bruce Power has met the terms and conditions to proceed with its fourth Major Component Replacement Project.

The UK government has announced GBP20 million (USD25.5 million) to kickstart Starmaker One – a British private fusion investment fund that it says will help fusion businesses and start-ups in the sector grow and commercialise at scale.

The Swedish government has proposed a new law regarding state support for nuclear power investments. In the bill - submitted to parliament on 27 March - it proposes providing state loans to finance four new reactors as well as a contract-for-difference power price mechanism.

A financing kick-off meeting has been held for the first phase of the Xuwei nuclear power project in Lianyungang, Jiangsu province, China National Nuclear Corporation announced. The plant will supply both industrial heating and electricity by coupling a high-temperature gas-cooled reactor with two pressurised water reactors.

The extended funding round is intended to support Germany-based Marvel Fusion's transition from its research and development phase towards industrial deployment.