Nuclear fusion startup Helion to build ‘world’s first’ power plant after raising $425 million Helion Energy says it will ‘keep pushing to do what no one has done before’.
The US tech giant made the deal in 2023 in the belief that Helion Energy will be able to build a 50MW nuclear fusion power plant and supercharge the transition towards clean energy.
A nuclear fusion startup backed by OpenAI founder Sam Altman has raised nearly half a billion dollars to build what it hopes to be the world’s first power plant using the next-generation energy source.
Despite the challenges, Helion claims it will build the world’s first nuclear fusion power plant by 2028 and has already secured a purchase agreement from Microsoft.
Nuclear fusion has been hailed as the “holy grail of clean energy” due to its potential to mimic the Sun’s natural processes to generate near-limitless power without leaving behind hazardous waste.
