Our new 4-year ‘Puma’ project – PUlsed high MAgnetic fields for new functional magnetic materials – is sponsored by BMBF and lead by Dr. Konstantin Skokov. It aims to identify new magnetic materials for renewable energy applications using a combined experimental and theoretical approach; focus is on permanent magnets ) and magnetocaloric materials undergoing first-order transitions. To achieve this goal, a new experimental setup will be implemented at the beamline ID32 of the European Synchrotron Radiation Facility (ESRF) in Grenoble (France). This setup will enable measurements of macroscopic (magnetisation, magnetostriction, resistivity, temperature change) as well as microscopic properties (X-ray absorption spectroscopy (XAS) and X-ray magnetic circular dichroism (XMCD)) at high pulsed magnetic fields of up to 50 T. Our Functional Materials group will participate in this project together with High Magnetic Field Laboratory Dresden and University of Duisburg-Essen.