U.K., Japan step up progress toward fusion power demonstrations

China has established a state-owned fusion energy company, China Fusion Energy Co. (CFEC), as a subsidiary of the China National Nuclear Corporation with the goal of accelerating the...

Helical Fusion, a private fusion start-up based in Japan, announced it has closed its first round of venture capital financing, securing ¥2.3 billion ($15.6 million) in funding. According to...

As the U.K. government looks to finalize investment decisions for the construction of the Sizewell C nuclear power plant this summer, France’s state-owned EDF has announced plans to take a...

Westinghouse Electric Company announced that it has signed a $180 million contract with the ITER Organization for the assembly of the vacuum vessel for the fusion reactor being built in...

In its June 30 announcement of a new deal to purchase 200 MW from Commonwealth Fusion Systems' (CFS) first ARC fusion power plant planned for Virginia, Google called it “the largest direct...

U.S.-based private capital group Apollo Global has committed £4.5 billion ($6.13 billion) in financing to EDF Energy, primarily to support the U.K.’s Hinkley Point C station. The move...

The Massachusetts Institute of Technology’s Plasma Science and Fusion Center (PSFC) has launched the Schmidt Laboratory for Materials in Nuclear Technologies (LMNT). Backed by a...

It’s a move that “brings to an end decades of dithering and delay, with the government backing the builders.” That’s how the U.K. government announced, with alliterative fanfare, its...

Rolls-Royce SMR has emerged as the United Kingdom’s preferred bidder to build the country’s first small modular reactors following a two-year competition, the U.K. government announced...