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Fermi Signs 222 MW Data Center Lease Agreement with TensorWave

Fermi Inc. announced on August 10 that its subsidiary, Fermi Campus 1 LLC, has signed its first binding customer lease agreement with TensorWave TEX1, LLC, a subsidiary of AI cloud service provider TensorWave Inc. The agreement covers the initial phase of Fermi's Project Matador campus in Carson County, Texas, with a capacity of 222 megawatts. Under the agreement, Fermi will be responsible for the development, construction, and delivery of the data center facilities, with TensorWave taking occupancy in phases. The facility is planned to...

2026-08-14

South Korea to Launch Hearings on 12th Power Supply and Demand Plan, New Nuclear Projects Under Review

South Korea's Ministry of Climate, Energy and Environment stated on August 4 that the government will advance procedures for the 12th Basic Plan for Power Supply and Demand, with the issue of new nuclear power plants to be included in public discussion and subsequent review. Kim Sung-hwan, Minister of Climate, Energy and Environment of South Korea (Photo source: Yonhap) South Korea's Climate Change Minister Kim Sung-hwan stated that the format and number of sessions for the public hearings on the 12th Basic Plan for Power Supply and Demand will be finalized this week, with plans to accelerate related procedures starting next week. Under the current schedule, the government intends to form a planning proposal in September or October and submit it for review through established procedures after completing public consultation. Regarding the issue of new nuclear power plants, Kim Sung-hwan stated...

2026-08-05

Syntec Optics Secures Fusion Energy Orders, AI Data Center-Related Orders Exceed $4 Million

Syntec Optics Holdings, a U.S. custom manufacturer of high-precision optics and photonics, announced on August 3 that it has recently secured a new batch of fusion energy-related orders, with order volume reaching 7 times the amount of similar orders at the end of last year. According to the company, this round of renewed orders involves special optical components for fusion reactors. These components will serve compact high-performance fusion reactors, helping related equipment conduct observation and control in extreme high-temperature environments. Fusion reactor operating environments feature extremely high temperatures, imposing stringent requirements on the precision, stability, and reliability of optical devices. Syntec Optics stated that since entering...

2026-08-04

Masayoshi Son: Nuclear Fusion Could Become Key to Powering Future AI Data Centers

SoftBank Group founder Masayoshi Son said at the SoftBank World annual event in Tokyo on July 14 that as electricity demand from AI data centers continues to rise, nuclear fusion technology is expected to become one of the most realistic power solutions in the near future. Son believes that most of the current electricity demand from data centers will still be met by natural gas, but this landscape could change over the next 15 years. He predicted that by 2040, global data center capacity demand will reach 3 terawatts, with nuclear fusion playing a significant role. He said at the event that fusion will become a major source of a cheaper, cleaner, and safer new form of energy on Earth, and asked rhetorically: Now...

2026-07-15