Fusion Fuel Cycles Receives CA$20M to Advance UNITY-2

Fusion Fuel Cycles Inc. FFC, a partnership between Canadian Nuclear Laboratories and Kyoto Fusioneering, received a CA$20 million loan. The Japan Bank for International Cooperation  (JBIC) and MUFG銀行 funded the UNITY-2 project. UNITY-2 is the world’s first fully integrated fusion fuel cycle test facility. It aims to create real-world settings for developing and testing technologies for future fusion power plants.

This funding shows how Canada and Japan are working closely together. They aim to advance fusion energy, which is seen as key to long-term decarbonization. UNITY-2 blends Canada’s tritium skills with Japan’s top-notch heat management technology. This partnership seeks to drive innovation. It will also strengthen both countries in the new fusion supply chain.

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The initiative shows a larger national push for clean energy and economic growth. It aims to boost advanced manufacturing, tech exports, and high-skilled jobs. It will also give international companies a chance to test their fusion fuel cycle components. The loan makes FFC a key center for sharing knowledge and collaborating across borders in the expanding global fusion energy market.