Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Oil is Iran’s Weapon of Choice

March 3, 2026

US Dollar Forecast: DXY Surges as Oil Spike Fuels Fed Rate Hike Fears

March 3, 2026

Canada and India move to reset ties as trust in U.S. falters

March 3, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Helion Breaks Ground on First Fusion Power Plant to Supply Energy to Microsoft
Sustainability & ESG

Helion Breaks Ground on First Fusion Power Plant to Supply Energy to Microsoft

omc_adminBy omc_adminAugust 1, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Fusion energy company Helion announced that it has started working on the site of Orion, its first fusion power plant, aimed at providing carbon-free energy to offtaker Microsoft by 2028.

Fusion, the process of combining two atoms to release energy, is seen as a potential source of abundant, zero-carbon power. Unlike fossil fuels, fusion does not emit carbon, and unlike nuclear fission, it does not generate highly radioactive waste. Large scale fusion energy generation has been elusive, however, given the need to create extremely high temperatures and pressure.

Founded in 2013, Helion has set a goal to build the world’s first fusion power plant. The company signed the first-ever fusion power purchase agreement in 2023 with Microsoft, to provide the tech giant with energy from its new plant, to be located in Malaga, Washington, with Constellation Energy serving as the power marketer.

The company said that with the land secured, and work beginning, it is on track to meet its goal to begin supplying power to Microsoft by 2028.

David Kirtley, Helion’s Co-Founder and CEO, said:

“Today is an important day – not just for Helion, but for the entire fusion industry – as we unleash a new era of energy independence and industrial renewal. Since we founded the company, we have been completely focused on preparing fusion technology for commercialization and getting electrons on the grid. Starting site work brings us one step closer to that vision.”

Helion’s fusion development strategy relies on rapid iteration and testing. Its seventh-generation prototype, Polaris, is expected to demonstrate the first electricity produced from fusion. With its prior prototype, Trenta, Helion became the first private company to reach a fuel temperature of 100 million degrees Celsius, a key benchmark for commercial fusion.

Microsoft’s agreement with Helion supports its goal of being carbon negative by 2030 and its vision to match 100% of its electricity consumption 100% of the time with zero-carbon sources.

Melanie Nakagawa, CSO and CVP of Energy, Connectivity, and Sustainability at Microsoft, said:

“Fusion represents an inspiring frontier in the world’s pursuit of clean and abundant power. While the path to commercial fusion is still unfolding, we’re proud to support Helion’s pioneering work here in Washington state as part of our broader commitment to investing in sustainable energy.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

March 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

March 3, 2026

Australia just experienced its wettest summer in nearly a decade – and the eighth-hottest on record | Australia news

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

EcoVadis Launches Supplier Network to Drive Supply Chain Resilience

By omc_adminMarch 3, 2026

EcoVadis opens peer-to-peer platform to more than 150,000 rated companies, including 25,000 newly onboarded in…

Northern Lights Expands CO2 Storage To 5 Million Tonnes As Europe Builds Industrial Carbon Market

March 3, 2026

TotalEnergies Sells 50% of German Battery Portfolio to AllianzGI in $580 Million Storage Deal

March 3, 2026

Analysts Warn of Largest Oil Supply Disruption in History

March 3, 2026
Top Trending

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026

Australia just experienced its wettest summer in nearly a decade – and the eighth-hottest on record | Australia news

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Oil is Iran’s Weapon of Choice

March 3, 2026

UK, Texas Industry Bodies Comment on Middle East Conflict

March 3, 2026

UK, Texas Industry Bodies Comment on Middle East Conflict

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.