France’s Calogena secures €40 million EU grant to build its first commercial nuclear reactor

Calogena, a French nuclear startup developing a small modular reactor (SMR) designed to supply low-carbon heat to district heating networks, has secured €40 million.

The funding came in the form of a grant from the European Commission’s Innovation Fund ,and it marks the first time that European funding has been given to an SMR earmarked for the direct…