The power purchase agreement makes Eni the second major customer for Commonwealth’s first commercial fusion power plant.
The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion ...
A viable nuclear fusion reactor — one that spits out more energy than it consumes — could be here as soon as 2025. That's the takeaway of seven new studies, published Sept. 29 in the Journal of Plasma ...
WASHINGTON - The Italian multinational oil and gas company Eni S.p.A. has signed a $1 billion power purchase agreement to buy fusion power from a plant in Virginia that won't even be connected to the ...
Commonwealth Fusion Systems gains new private investor backing to propel commercial plant but committed federal funding for sector remains unclear ...
Energy startup Commonwealth Fusion Systems has announced that it will begin construction of the “world’s first grid-scale” nuclear fusion power plant near Richmond, Virginia. The MIT spinout announced ...
The company raised $425 million in January 2025, around the same time that it turned on Polaris, a prototype reactor. Helion has raised $1.03 billion, according to PitchBook. Investors include Sam ...
Two developments in the coming year will mark a decisive shift from the public to the private sector in the decades-old quest to generate cheap and abundant power from nuclear fusion. The first will ...
Scientists have developed a lightning-fast AI tool called HEAT-ML that can spot hidden “safe zones” inside a fusion reactor where parts are protected from blistering plasma heat. Finding these areas, ...
Sam Altman is confident that we’ll unlock the power of the stars soon. The billionaire CEO of OpenAI claimed in an interview with Bloomberg in January that “fusion’s gonna work” in the next few ...