XTRA:RWERenewable Energy
RWE Fusion Alliance Adds Long Term Optionality To Valuation Debate
RWE (XTRA:RWE) has entered into an agreement with Proxima Fusion, the Max Planck Institute and the State of Bavaria to commercialize fusion energy in Europe.
The partners plan to work toward building what they aim to be the world's first commercial stellarator fusion power plant.
The alliance focuses on moving fusion technology from research settings into industrial scale deployment in Europe.
RWE shares most recently traded at €53.34, with the stock up 13.7% year to date and 81.0% over the...