Search Results

Kyoto Fusioneering Completes 25.72 Billion Yen Series D Funding Round

Japanese fusion startup Kyoto Fusioneering announced on August 24 that it has completed the first closing of its Series D funding round, with total financing of 25.72 billion yen. Of this amount, equity financing totaled 16.72 billion yen and debt financing totaled 9 billion yen, with the debt portion comprising credit lines and loan facilities. With this, the company's cumulative equity financing has reached 32.98 billion yen. Following this funding round, Kyoto Fusioneering is valued at approximately 120 billion yen, a significant increase from its pre-funding valuation, making it the first startup in Japan's fusion sector to exceed a valuation of 100 billion yen. The company has previously secured contracts exceeding 14 billion yen cumulatively in markets such as North America and Europe, and has set a short-term sales target of approximately 10 billion yen.

2026-08-24

Ukrainian Foreign Minister and IAEA Director General Discuss Zaporizhzhia Nuclear Power Plant Safety in Phone Call

Ukrainian Foreign Minister Andrii Sybiha said on August 22 that he had a phone call with International Atomic Energy Agency (IAEA) Director General Rafael Grossi, during which the two sides focused on the current nuclear safety situation in Ukraine, particularly the safety status of the Zaporizhzhia Nuclear Power Plant. Sybiha stated that the Zaporizhzhia Nuclear Power Plant is currently under Russian control, and the related military presence remains a major source of nuclear safety risk. The two sides exchanged views on issues related to the plant and emphasized the need for close coordination based on respect for Ukraine's sovereignty and international law. Sybiha also noted that he values Grossi's personal engagement in relevant matters, as well as...

2026-08-24

Japan's GX Promotion Organization Invests in Nuclear Fusion Startups

Japan's Green Transformation Promotion Organization (GX Promotion Organization) has invested in two startups, focusing on nuclear fusion-related technology and plastic recycling businesses respectively. The public funds invested are expected to be approximately 3 billion yen; when private sector funds are included, the total related investment is expected to reach approximately 20 billion yen. The two companies are Kyoto Fusioneering and JEPLAN. Among them, Kyoto Fusioneering is primarily engaged in the development of nuclear fusion engineering technology, while JEPLAN is involved in circular economy businesses such as plastic recycling. Details of the investment are expected to be officially announced by the relevant parties. This investment is seen as part of Japan's push to industrialize its green transformation.

2026-08-24

Huaneng Hainan Changjiang Nuclear Power Unit 4 Standardized Demonstration Zone Construction Achieves Phased Progress

To thoroughly implement the safety production directives from higher authorities and effectively enhance the visual management level of safe and civilized construction at Changjiang Nuclear Power Unit 4, on August 16, 2026, the special working group for the safe and civilized construction standardization demonstration zone of Huaneng Hainan Changjiang Nuclear Power Unit 4 went deep into the construction site to conduct a comprehensive inspection and guidance on the creation of the standardized demonstration zone for Unit 4. The inspection was led by company leaders, with the participation of relevant responsible persons from the Engineering Management Department, Safety and Quality Assurance Department, as well as major construction participating units including CNNC 22 and CNNC 5. The working group strictly followed the implementation plan, verifying item by item the setting of signage and labels in the demonstration zone, material fixed-position management, safety protection facilities, environmental sanitation...

2026-08-22

Two New Members Join the "Guohe One" Industrial Chain Alliance

On the afternoon of August 20, the signing ceremony for the co-construction agreement of the Guohe One Industrial Chain Alliance and the exchange meeting on new nuclear materials and technologies were held at Shanghai Research Institute of Materials Co., Ltd. Shanghai Nuclear Engineering Research and Design Institute Co., Ltd. signed the "Guohe One Industrial Chain Alliance Co-construction Agreement" with Shanghai Research Institute of Materials Co., Ltd. and Qingdao Keertai Environmental Control Technology Co., Ltd., marking the official accession of the two entities to the alliance. On the same day, the Nuclear Power Isolation, Vibration Reduction, and Wear Reduction Equipment Localization Development Center, led by Shanghai Research Institute of Materials Co., Ltd., was officially launched. The center will focus on localization development in areas such as isolation, vibration reduction, and wear reduction for key nuclear power equipment, promoting the transformation of related technologies from research and validation to engineering application.

2026-08-22

Russia's Novovoronezh NPP Publishes 2025 Environmental Safety Report

Russia's Novovoronezh Nuclear Power Plant recently released its 2025 environmental safety report to the public. The presentation of the report was arranged during navigation activities on the Don River, with participation from plant representatives, representatives of the Russian Ecological Society, personnel from relevant public institutions of Voronezh Oblast, environmental experts, journalists, and bloggers. The report focuses on the plant's impact on the surrounding environment and monitoring activities. According to Novovoronezh NPP, the plant conducts monthly water quality inspections at 24 control points along the Don River, most of which are located within urban areas. During the event, staff also demonstrated the water sampling process from the Don River at the plant's dedicated pier...

2026-08-23

Deaerator in Place for Unit 1 Conventional Island of Huaneng Shidao Bay Nuclear Power Expansion Project

Recently, the deaerator for Unit 1 conventional island of Phase I Expansion Project of Huaneng Shidao Bay Nuclear Power Station, undertaken by PowerChina Nuclear Engineering Company, was successfully hoisted and placed into position, marking a key milestone in the installation of conventional island equipment for the unit and creating conditions for subsequent turbine equipment installation, piping layout, and system commissioning. The Huaneng Shidao Bay Nuclear Power Base currently hosts a high-temperature gas-cooled reactor demonstration project, the world's first fourth-generation nuclear power plant to achieve commercial operation. The Phase I Expansion Project plans to build two Hualong One units, third-generation nuclear power units independently developed by China, each with a capacity of 1.225 million kilowatts. Upon completion, the project is expected to provide approximately 20 billion kilowatt-hours of clean electricity annually, reduce standard coal consumption by 5.78 million tons, and cut carbon dioxide emissions by 14 million tons.

2026-08-22

Indonesia Incorporates Nuclear Energy into Decarbonization and Power Planning

The National Energy Council (DEN) of Indonesia recently stated that nuclear energy is expected to become an important option for driving the country's energy transition and achieving its net-zero emission targets. DEN member Sripeni Inten Cahyani said at a national energy policy promotion event held at Mataram University that the positioning of nuclear energy in Indonesia's energy planning is changing, and it is no longer just a last resort. Sripeni Inten Cahyani (right), a member of the National Energy Council (DEN), accompanied by fellow member Surono (left), gave an exclusive interview to reporters after a national energy policy outreach activity at Mataram University in West Nusa Tenggara Province on Thursday, August 20, 2026...

2026-08-21

Hennessy Capital VII and ONE Nuclear Advance "Gas-to-Nuclear" Data Center Power Supply Plan

Hennessy Capital Investment Corp. VII and ONE Nuclear recently held a joint investor update to review the latest progress of their proposed business combination and disclosed ONE Nuclear's gas-to-nuclear strategy developed around the power supply needs of hyperscale data centers. According to relevant documents, the S-4 registration statement filed by both parties became effective on August 3, 2026, and Hennessy Capital VII has mailed the final proxy statement to shareholders of record as of July 31, 2026, for a vote on the business combination. ONE Nuclear stated that its business path will begin with behind-the-meter natural gas power generation to provide faster-deployable on-site electricity for data centers...

2026-08-21

Indonesia Holds Meeting with Russia on Regulatory Framework for Floating Nuclear Power Plants

On August 18-19, Russian and Indonesian agencies held working meetings in Jakarta to discuss the development of a regulatory framework for Indonesia's nuclear energy program, covering licensing, regulatory, and safety requirements for the implementation of floating nuclear power plant projects. Deputy Chairman of the Federal Service for Environmental, Technological and Nuclear Supervision (Rostekhnadzor) Alexey Ferapontov, the head of Indonesia's Nuclear Energy Regulatory Agency (BAPETEN), representatives of Rosatom, and representatives of Indonesia's Ministry of Transportation attended the meetings. The discussions focused on cooperation prospects between the two countries' regulatory bodies in the context of developing Indonesia's nuclear energy program...

2026-08-21

Grossi's Visit to Zaporizhzhia Nuclear Power Plant Postponed

Chernichuk, the head of Russia's Zaporizhzhia Nuclear Power Plant, stated that the visit by International Atomic Energy Agency (IAEA) Director General Grossi to the Zaporizhzhia Nuclear Power Plant has been postponed, with a new date yet to be determined. Chernichuk noted that, to his understanding, the visit will be rescheduled for a later time, but the specific timing remains unclear. On August 18, Russian Foreign Ministry spokesperson Zakharova stated that the Ukrainian side had affected Grossi's planned visit to the Zaporizhzhia Nuclear Power Plant and the city of Energodar, originally scheduled for August 20-21. The trip was originally planned to coincide with the routine rotation of the IAEA expert team stationed at the Zaporizhzhia Nuclear Power Plant...

2026-08-21

SuperMag New Energy Achieves Milestone Progress in Development of 25 T-Class High-Temperature Superconducting Toroidal Field Model Magnet

Recently, SuperMag New Energy has achieved two milestone progresses in the development of its 25 T-class high-temperature superconducting toroidal field model magnet: following the completion of R&D and testing of the first panel-type high-temperature superconducting single pancake coil, the company has initiated batch manufacturing of panel-type single pancake coils; meanwhile, the self-developed 24 cm² low-resistance detachable joint has completed prototype fabrication and performance testing in the liquid nitrogen temperature range, with an equivalent joint resistance of approximately 33 nΩ. These two progresses correspond to two critical aspects: stable manufacturing of single pancake coils and low-loss interconnection of multiple units. The project has advanced from the single-component process validation stage toward multi-pancake manufacturing and model magnet system integration. The single pancake coil is not an ordinary component in the model magnet, but rather a fundamental unit integrating conductor, panel structure, insulation, electrical connection, and testing interfaces. Each single pancake requires independent manufacturing and inspection, and also serves as the foundation for subsequent multi-pancake stacking, magnet excitation, and cryogenic operation.

2026-08-21

Second Radiotherapy Linear Accelerator Commissioned at Buchholz Hospital in Germany

The second medical linear accelerator for cancer radiotherapy at Buchholz Hospital in the North Heath region of Germany has been commissioned. The device was activated by the hospital's radiotherapy department under the direction of Chief Physician Dr. Günter Bohlen, marking a further enhancement of local oncological radiotherapy capabilities. The management of Buchholz Hospital and Winsen Hospital, Dr. Franziska von Brunnig (third from right) and Dr. Martin Meyer (first from right), together with Chief Physician Dr. Günter Bohlen (second from right) and the radiotherapy team, posed for a photo at the official commissioning ceremony of the second linear accelerator at Buchholz Hospital. Photo: Buchholz-Winsen Hospital. According to available information, Buchholz Hospital...

2026-08-20

First Concrete Pour Launched for Conventional Island of Jinqimen Nuclear Power Unit 2

At 22:16 on August 18, Zhejiang Jinqimen Nuclear Power construction reached another key milestone as the first concrete pour (FCD) for the raft foundation slab of the turbine generator building in the conventional island of Unit 2 was officially launched, marking the full commencement of the main construction of the conventional island of Jinqimen Nuclear Power Unit 2 and the project's official entry into the civil construction phase. The raft foundation slab being poured, as the core load-bearing structure of the conventional island, is a variable-cross-section, super-large-volume, waterproof and impermeable special concrete structure, and is the core section with the largest volume, most critical working conditions, and highest precision requirements among the conventional island raft foundation structures. This construction involves long continuous operation hours, stringent temperature control and crack prevention requirements, and significant construction organization challenges. To ensure the safe and high-quality completion of the project, CNNC Zheneng fully demonstrated the "owner" spirit, played the "backbone" role, and shouldered the "main force" responsibility, jointly establishing a dedicated technical task force with construction and supervision units, building on the mature FCD construction experience of Conventional Island Unit 1 to comprehensively optimize the raft construction process for Conventional Island Unit 2, strictly adhering to the highest quality standards and safety regulations for nuclear power construction.

2026-08-20

Norway's Thor Medical AlphaOne High-Purity Alpha Radioisotope Facility to Be Officially Inaugurated

Thor Medical ASA announced on August 19 that its AlphaOne production facility at the Herøya industrial park in Norway will be officially inaugurated on September 9, 2026, with Norwegian Prime Minister Jonas Gahr Støre attending the ceremony. According to reports, AlphaOne is Thor Medical's first industrial-scale production facility for high-purity α radioisotopes and the first of its kind globally. The facility is already in operation, primarily producing isotope products for next-generation targeted cancer therapies, supplying high-purity α emitters to the radiopharmaceutical industry. Thor Medical CEO Jasper Kurth stated that AlphaOn...

2026-08-19