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Fusion’s First Grid-Scale Bet: Commonwealth Fusion Gears Up for Virginia Power Plant as SPARC Hits 75% Complete
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Fusion’s First Grid-Scale Bet: Commonwealth Fusion Gears Up for Virginia Power Plant as SPARC Hits 75% Complete
Construction of the world’s first commercial fusion power plant edges closer. Commonwealth Fusion Systems, the MIT spinout with nearly $3 billion in private backing, plans to break ground in Virginia as early as next year. CEO Bob Mumgaard laid it out plainly in a Reuters interview: the company’s SPARC demonstration machine in Massachusetts stands more than 75% complete, set to fire up in 2027. Then, straight to the Virginia site. “Then immediat…
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