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Fusion Energy

First Light Fusion unveils a reactor pathway to a gain of 1,000
First Light Fusion presents FLARE, an inertial fusion concept targeting a gain of 1,000, with development costs said to be well below current benchmarks thanks to existing technologies and a deployment model based on partnerships.
Eni secures more than $1bn of fusion electricity from CFS
Eni signs a power purchase agreement worth more than $1bn with Commonwealth Fusion Systems for the 400 MW ARC plant in Virginia, extending a cooperation begun in 2018 and entering a commercial phase.

TVA and Type One Energy target a 350 MWe fusion power plant

Tennessee Valley Authority signs a Letter of Intent with Type One Energy for a 350 MWe stellarator project at Bull Run, designed for baseload and intended to meet rising electricity demand.
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Commonwealth Fusion Systems raises $863mn for its ARC fusion power plant
Commonwealth Fusion Systems raised $863mn in an oversubscribed round to finalise SPARC and accelerate construction of its ARC fusion plant in Virginia, strengthening its position in the global fusion energy sector.
General Atomics invests $20mn in Canadian joint venture on tritium
General Atomics injects $20mn into Fusion Fuel Cycles, a joint venture between Canada and Japan, to develop a facility dedicated to the tritium fuel cycle, a central element for the industrial viability of nuclear fusion.

Helion Energy defies physical and financial limits with its fusion power plant for Microsoft

The American start-up promises an energy revolution in 2028 with its unique deuterium-helium-3 technology. Between immense technical challenges and a bold financial gamble.
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The UK creates a legislative framework to accelerate nuclear fusion projects
The UK government is introducing specific rules to facilitate the development of nuclear fusion projects, aiming to position the UK as a global leader in this emerging technology.
The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator
The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.

Westinghouse wins $180mn contract to assemble ITER experimental reactor

Westinghouse Electric Company signs a $180mn contract with ITER Organization to complete the final assembly of the vacuum vessel for ITER’s experimental nuclear fusion reactor, currently under construction in Cadarache, southern France.
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Google signs world’s first fusion energy purchase agreement
Google has concluded a historic agreement to purchase 200 megawatts of fusion energy from Commonwealth Fusion Systems, marking the entry of technology giants into the commercial era of this new energy form.
UK invests £2.5 billion to lead global nuclear fusion sector
With a major investment of £2.5 billion, London confirms its ambitious nuclear fusion strategy through the STEP project, aiming to build an industrial prototype by 2040 that will generate jobs, innovation, and economic growth.

Proxima Fusion secures €130 million to accelerate its stellarator project

German company Proxima Fusion, specialized in nuclear fusion, has announced a €130 million funding round aimed at building a stellarator, an alternative technology designed to achieve industrial-scale fusion energy.
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Brussels launches call for input on its first fusion strategy
The European Commission opens a four-week consultation to define industrial and regulatory priorities for the EU’s first fusion energy strategy, expected by the end of 2025.
Israel launches strategic forum to structure its fusion energy industry
nT-Tao hosts the first Israel Fusion Forum to establish a national industrial ecosystem in a global sector valued in the trillions of dollars.

ITER to open its facilities to the public on 17 May in Saint-Paul-lès-Durance

The international ITER project is organising an open day at its nuclear fusion site in the Bouches-du-Rhône, with teams mobilised to showcase the progress of the experimental installation to the public.
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CEA and CNRS launch €50mn programme for superconductors
CEA and CNRS deploy SupraFusion, a project funded by France 2030, to develop high-temperature superconductors for nuclear fusion and industrial applications.
TAE Technologies halves cost of fusion reactors with experimental breakthrough
US-based TAE Technologies claims it has reduced the size, complexity and cost of its fusion devices by validating a new plasma formation method in a next-generation machine.

Marvel Fusion secures additional €50 mn for its laser nuclear reactor programme

Marvel Fusion extends its Series B funding to €113 mn with backing from Siemens Energy, EQT Ventures and the European Innovation Council, aiming to build a laser fusion reactor prototype by 2032.
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The UK STEP project promises regional economic impact of GBP489 mn per year
The West Burton site, selected for the prototype STEP fusion plant, is set to generate thousands of jobs and hundreds of millions of pounds annually, according to a study commissioned by Nottinghamshire County Council.
Laser fusion power plant project at the Biblis site in Germany
A memorandum of understanding has been signed to develop a nuclear fusion power plant using laser technology in Biblis, Hesse, by 2035. The project brings together the regional government, industrial companies, and scientific institutions to structure a fusion energy sector.
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