The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion ...
Three years after a vital scientific breakthrough, Dominion Energy and the Tennessee Valley Authority have struck deals with ...
The power purchase agreement makes Eni the second major customer for Commonwealth’s first commercial fusion power plant.
Commonwealth Fusion Systems gains new private investor backing to propel commercial plant but committed federal funding for sector remains unclear ...
Boosted by Big Tech's power needs, nuclear fusion developers are working to overcome design challenges crucial to commercial ...
The Department of Energy’s Oak Ridge National Laboratory has been selected to lead three research collaborations with fusion ...
ORNL has been selected to lead three research collaborations with fusion industry partners as part of the 2025 cohort of the Innovation Network for Fusion Energy program. The awarded projects will tap ...
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 ...
Eni will purchase energy from the future Arc fusion power plant of Commonwealth Fusion Systems, of which it is already a strategic shareholder. The plant could become the world's first fusion power ...
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 ...
"Fusion has the potential to be transformative for the world's energy security," said U.S. Energy Secretary Chris Wright. "The Department of Energy is committed to ensuring American leadership in ...
Eni will purchase power from CFS’s planned ARC fusion plant, strengthening their $1B partnership to commercialise fusion ...