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Keyword:Proxima
Lower Saxony, Germany Plans to Build Europe's First Large-Scale Fusion-Grade High-Temperature Superconducting Tape Plant
Proxima Fusion and the Lower Saxony state government of Germany signed a memorandum of understanding in Hanover on September 9, planning to build Europe's first large-scale fusion-grade high-temperature superconducting tape production facility in the state, laying the foundation for large-scale industrial production of high-temperature superconducting (HTS) tape. According to the plan, the first two phases of the project involve an investment of approximately 140 million euros, with public funds and private capital each covering about half. Of this, Lower Saxony plans to contribute 21 million euros, accounting for nearly 30% of the public funding portion. The first two phases of construction are expected to be completed by the end of 2029. High-temperature superconducting tape is a type of metal tape that exhibits superconducting properties at relatively higher temperatures. In the superconducting state, it can transmit current with nearly zero resistive loss and is used to manufacture high-power, compact electromagnets. For stellarator fusion devices, magnets made from high-temperature superconducting tape can generate the magnetic fields needed to confine and control high-temperature plasma, making them an important foundational material for achieving compact fusion devices and future fusion power plants.
2026-09-12
Construction of Radiotherapy Room at Sao San Tun Hospital in Taunggyi, Myanmar, Approximately 80% Complete
On August 30, 2026, the Chief Minister of Shan State, Myanmar, U Sai Tin Soe, accompanied by relevant officials, inspected the construction of the radiotherapy room at Sao San Tun Hospital in Taunggyi. The radiotherapy room is a single-story reinforced concrete building with a floor area of 95 feet × 52 feet, and the project is currently approximately 80% complete. During the inspection, officials from the building department reported on the project's construction progress, and the Chief Minister gave instructions on subsequent work and coordinated the necessary support. On the same day, the Chief Minister and his delegation also inspected the site for a planned five-story expansion building at the hospital and discussed related construction arrangements. Once completed, the radiotherapy room will be used to enhance the hospital's medical service capacity for radiotherapy-related care. ...
2026-08-31
Russia Plans to Add Approximately 30 GW of Nuclear Power Capacity and Expand Regional Deployment
Russian President Vladimir Putin stated at a meeting on nuclear energy development that Russia will continue to uphold high standards of nuclear power plant safety and reliability, and plans to add approximately 30 GW of nuclear power capacity, including small modular reactors. Putin said the new capacity will not only replace units approaching the end of their service life, but also significantly increase Russia's total nuclear power generation capacity. Russia also plans to expand the geographical deployment of nuclear power units, building a new generation of nuclear power plants in the Urals, Siberia, and the Far East to provide affordable clean electricity to these regions. He also noted that Russia will strengthen...
2026-08-21
General Fusion Announces Business Update: LM26 Plasma Heated to Approximately 0.72 keV
General Fusion released a business update on August 18, disclosing its latest progress in fusion energy technology validation, commercial partnerships, and financing arrangements. The company went public on Nasdaq in July 2026 under the ticker symbol GFUZ. General Fusion stated that it entered the public market with approximately $150 million in cash following the completion of its business combination with Spring Valley Acquisition Corp. III. The funds include net transaction proceeds from private placement and trust capital, and are planned to support the Lawson Machine 26 (LM26) project and drive the completion of multiple...
2026-08-19
US OSI Systems Secures Approximately $200 Million Contract for Mobile Vehicle Inspection Systems
On August 17, 2026, OSI Systems, Inc. announced that its Security division has been awarded a five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract by U.S. Customs and Border Protection (CBP), with a ceiling value of approximately $200 million. Under the contract, OSI Systems will provide CBP with mobile Rapiscan® passenger vehicle inspection systems. The company stated that the initial task orders under the contract include the first batch of systems, along with related services and training content. Ajay Mehra, President and Chief Executive Officer of OSI Systems, stated that this contract will enable the company to continue supporting CBP in deploying vehicle security inspection systems. The Rapiscan mobile inspection systems help users flexibly allocate resources in response to changing on-site requirements, supporting border security and critical infrastructure protection efforts.
2026-08-18
OSI Systems Secures Approximately $11 Million Order to Supply Eagle M60 Mobile Cargo and Vehicle Inspection Systems
OSI Systems, Inc. announced on August 10 that its Security division has received an order worth approximately $11 million to supply Rapiscan® Eagle® M60 mobile cargo and vehicle inspection systems to an international customer, along with related operator training and maintenance training support. Ajay Mehra, President and CEO of OSI Systems, stated that the customer selected the Eagle M60 to enhance its cargo and vehicle inspection capabilities. The system offers advantages in mobile deployment and imaging performance, helping security and customs authorities conduct inspections at ports, border crossings, roadside checkpoints, and other scenarios while maintaining traffic flow efficiency. According to the company, the Rapiscan® Eagle®...
2026-08-11
TRISO-X Expands Oak Ridge Nuclear Fuel Campus with Approximately 70 Additional Acres
TRISO-X, LLC, a wholly owned subsidiary of X-Energy, Inc., announced on August 4 that it has acquired approximately 70 acres of land near its commercial nuclear fuel campus in Oak Ridge, Tennessee, to support the continued construction and long-term expansion of its fuel manufacturing facility. Following the acquisition, TRISO-X's total campus footprint in the area has expanded to approximately 180 acres. The land acquisition was announced at a meeting of the Oak Ridge Industrial Development Board. The newly acquired land comprises two separate parcels and will provide additional space for utility access, equipment staging, fuel storage, and future...
2026-08-05
Approximately 13,000 liters of water found in Unit 3 of Hamaoka Nuclear Power Plant; Chubu Electric continues investigation into data falsification
Japan's Chubu Electric Power announced on August 4 that water accumulation totaling approximately 13,000 liters was found in the turbine building and related areas of Unit 3 at the Hamaoka Nuclear Power Plant. The company stated that the accumulated water contains no radioactive substances and is currently investigating the specific cause. According to Chubu Electric Power, at around 11:00 a.m. on the 4th, a worker from a partner company discovered approximately 5 liters of water in a passageway on the northwest side of the first basement floor of the turbine building adjacent to the reactor building of Unit 3. Subsequently, company personnel continued on-site inspections and confirmed at around 3:00 p.m. the same day that approximately 13,000...
2026-08-05
Spain's two major nuclear power holders, Iberdrola and Endesa, paid approximately €360 million in taxes and fees for nuclear power in the first half of the year
Spain's two major nuclear power holders disclosed to the CNMV: Iberdrola's expenditure on the "production tax on spent fuel and radioactive waste derived from power generation" in the first half of 2026 was €52 million (compared to €56 million in the same period last year), plus €117 million in Enresa radioactive waste management fees (levied based on each unit's monthly gross nuclear generation) (compared to €118 million in the same period last year), totaling €169 million. Endesa paid €56 million in nuclear tax items during the same period (up €3 million year-on-year), and €135 million in radioactive waste treatment fees (up €7 million year-on-year). Due to its controlling stake in Catalan nuclear units, it also paid €76 million in the Catalan environmental tax, totaling €267 million; the two companies' combined nuclear-related taxes and fees for the first half of the year amounted to approximately €336 million (text...
2026-08-03
Japan's Fukushima Daiichi Nuclear Power Station launches 22nd release of radioactive wastewater into the ocean, approximately 7,800 tons this time
On the morning of July 30, 2026, Tokyo Electric Power Company (TEPCO) initiated a new round of nuclear-contaminated water discharge into the ocean at the Fukushima Daiichi Nuclear Power Station. This marks the 4th release within 2026 and the 22nd since the discharge plan began in August 2023. According to data released by TEPCO, this discharge is expected to continue until the 17th of next month, with a total volume of approximately 7,800 tons. The total amount of radioactive substance tritium contained therein is as high as approximately 1.3 trillion becquerels. Prior to this, Japan had conducted a total of 21 rounds of radioactive wastewater discharge by the 24th of this month, with a cumulative discharge volume reaching approximately 165,000 tons. This action continues to draw attention and concern from neighboring countries and the international community. This time...
2026-07-31
South Korean Study Quantifies Social Benefits of SMR R&D: Five-Year Present Value Estimated at Approximately 459.7 Billion Won
On the 22nd, Changwon National University in South Korea announced that a team led by Professor Lee Joo-yong of the Department of Industrial Systems Engineering (Technology Management Research Laboratory) had completed a quantitative assessment of the soc
2026-07-23