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From 24 August, SMEs in Tukums, Limbaži, Saulkrasti and Ogre municipalities can apply for ALTUM energy-efficiency support, including loans of up to €1 million, guarantees of up to 80% and a capital rebate of up to 30%.
Italian energy company Eni wants to contribute to the development of a commercial fusion power plant in Europe by the early 2040s. The project remains at an early stage, but billion-dollar commitments and partnerships with Commonwealth Fusion Systems show that fusion is beginning to move from laboratory research towards an industrial energy business.
The storm of 22–23 August caused Latvia’s most extensive electricity supply disruptions in 20 years. For businesses, the event raises a practical question: how long can operations continue without electricity, internet access and other critical infrastructure?
Capital is flowing back into European equities, STOXX 600 earnings expectations are improving and European stocks remain significantly cheaper than their US peers. Is a broader rotation toward Europe beginning?