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Hangyang Share and Hangzhou Turbine Technology Jointly Invest in Startorus Fusion to Accelerate the Commercialization of Multi-Stroke Magnetic Reconnection Fusion

Two domestic high-end manufacturing listed companies, Hangyang Share (002430.SZ) and Hangzhou Turbine Technology (300277.SZ), have issued a joint investment announcement, declaring their joint capital contribution to acquire equity in commercial nuclear fusion innovation enterprise Shanghai Startorus Fusion Technology Co., Ltd. (Startorus Fusion). According to the investment agreement, Hangyang Share and Hangzhou Turbine Technology will each contribute RMB 50 million, each acquiring a 0.66% equity stake in Startorus Fusion; the remaining investors will jointly contribute RMB 720 million, collectively subscribing to a 9.45% equity stake. This capital injection further boosts capital attention on the domestic commercial controlled nuclear fusion industry. Startorus Fusion was established in 2021...

2026-09-24

First Light Fusion's Low-Cost Fusion Compression Technology Achieves Experimental Validation, Driving Source Cost Expected to Drop by an Order of Magnitude

UK commercial fusion innovator First Light Fusion has announced that its independently developed pulse power facility M3 (M3 pulse power facility) has successfully completed a series of proof-of-principle experiments, formally validating the core fuel compression physics mechanism of its proprietary fusion pathway FLARE (Fusion via Low-power Assembly and Rapid Excitation). The experiments confirmed that, relying on a precisely designed Multi-layered liner, fusion fuel can be effectively compressed to a high-density state using a driver with a more streamlined configuration and lower peak power. The core design logic of the FLARE technology pathway...

2026-09-24

Purdue University Completes the First Remote Real-Time Autonomous Power Control Experiment on a Nuclear Reactor in the United States, Building a Cross-State Digital Twin Closed Loop

Purdue University, in collaboration with Idaho National Laboratory (INL) and the University of Illinois Urbana-Champaign (UIUC), has for the first time in the United States achieved remote, automatic, and real-time experimental regulation of nuclear reactor power. The demonstration validated a three-site control closed loop spanning Indiana, Idaho, and Virginia, providing a cutting-edge engineering paradigm for future centralized remote monitoring and automated scheduling of advanced reactors from hundreds or even thousands of miles away. The experiment relied on Purdue University's 64-year-old Reactor Number One (Purdue University Reactor Num...

2026-09-24

US Senate Weighs $50 Billion Nuclear Energy Integrated Campus Plan, Aiming to Link Advanced Reactors, Waste Recycling, and AI Computing Centers

The Senate Committee on the Environment and Public Works held a hearing on Wednesday to examine a federal plan totaling $50 billion. The plan proposes funding the construction of three regional future Nuclear innovation campuses, using abundant zero-carbon energy supply to attract heavy manufacturing and computing centers to cluster there, while also building radioactive waste storage and disposal facilities within the campuses in a coordinated manner. At the committee hearing, the American Nuclear Society Nuclear Waste Policy Task Force...

2026-09-24

Polish Nuclear Power Company and U.S. Consortium Reach Agreement on Key Commercial Terms for EPC Contract of First Commercial Nuclear Power Plant

Polskie Elektrownie Jądrowe (PEJ), the Polish state-owned nuclear power engineering company responsible for the construction and operation of Poland's first nuclear power plant, announced that it has reached agreement with the nuclear power consortium (Bechtel-Westinghouse Consortium) formed by Westinghouse Electric Company and Bechtel on the core commercial and legal terms of the Engineering, Procurement and Construction (EPC) contract for Poland's first commercial nuclear power plant. Polskie Elektrownie Jądrowe stated that the core terms finalized by both parties cover the key commercial rules and legal...

2026-09-24

Argonne National Laboratory develops new monitoring system that can accurately diagnose hidden faults inside nuclear reactors

U.S. researchers have developed a new monitoring system that combines fiber-optic temperature sensors with artificial intelligence (AI) to identify hidden internal channel blockage risks before they cause costly reactor shutdowns. The technology was developed by Argonne National Laboratory (ANL), part of the U.S. Department of Energy (DOE), and is specifically designed for key heat exchanger components in molten-salt-cooled reactors (MSCRs). Heat exchangers ser...

2026-09-24

U.S. Team Advances Offshore Engineering System for Uranium Extraction from Seawater, Accelerating Toward Industrial-Scale Application

Nuclear fuel startup SuperCritical Materials and the University of Michigan (U-M) have formally established a research collaboration to jointly design and test an offshore mechanical system for uranium-from-seawater extraction, aiming to advance this cutting-edge technology toward industrial-scale engineering application. SuperCritical Materials had previously obtained an exclusive commercial license for a patented adsorbent manufacturing process that captures dissolved uranium in seawater. This joint research and development effort shifts the focus to the field of engineering machinery, primarily developing the capability to support high-frequency deployment and long-duration...

2026-09-24

Ethiopia Plans to Join Forces with Russia to Accelerate the Construction of Its Nuclear Power Project

Alexey Likhachev, Director General of Rosatom State Atomic Energy Corporation (Госкорпорация «Росатом» / Rosatom), stated that Ethiopia (Эфиопия / Ethiopia) is actively seeking to accelerate the development of its nuclear power industry. Likhachev noted that the two sides had previously reached a preliminary cooperation agreement, but before formally launching the construction of the nuclear power plant project, multiple statutory and technical preparatory procedures in the early preparation stage still need to be completed. Ethiopian Prime Minister Abiy Ahmed Ali (Абий Ах...

2026-09-24

Afrikantov Experimental Design Bureau of Mechanical Engineering Completes Manufacture and Delivery of MBIR Fast Reactor Primary Coolant Circulation Pumps

The machine-building division of Rosatom State Atomic Energy Corporation (Госкорпорация «Росатом» / Rosatom), Afrikantov Experimental Design Bureau of Mechanical Engineering (АО «ОКБМ Африкантов» / OKBM Afrikantov), has completed the manufacture and delivery of the primary coolant circulation pumps (Главные циркуляционные насосы, ГЦН) for the multi-purpose fast neutron research reactor (МБИР / MBIR). As core equipment of the reactor facility, these circulation pumps will be responsible for driving the coolant to circulate within the reactor core...

2026-09-24

Unit 2 of Leningrad NPP-2 with a VVER-1200 reactor has been taken out of service as planned for a mid-term major overhaul

At 00:30 Moscow time on September 21, 2026, Unit 2 of Leningrad NPP-2 (Ленинградская АЭС-2 / Leningrad NPP-2) with a VVER-1200 (ВВЭР-1200) reactor was formally disconnected from the grid and entered a planned mid-term major overhaul (Плановый средний ремонт) in accordance with established approval procedures and the maintenance schedule of the Russian Power and Energy Group's Rosenergoatom Concern (АО «Концерн Росэнергоатом» / Rosenergoatom). The overhaul program covers hundreds of individual works, with a focus on the reactor and...

2026-09-24

Rosatom's Podolsk Machine-Building Plant Completes Manufacture of the Second RITM-200S Reactor for the First PEB-106 Floating Nuclear Power Plant

The Moscow Region enterprise Podolsk Machine-Building Plant (PAO ZiO-Podolsk), part of the mechanical engineering division of the State Atomic Energy Corporation Rosatom (Госкорпорация «Росатом» / Rosatom), has successfully manufactured the second RITM-200S (РИТМ-200С) reactor unit. This reactor will be installed on the PEB-106 (ПЭБ-106) floating nuclear power unit, designed specifically to ensure power supply for the large copper mining industrial cluster in the Chukotka Autonomous Okrug (Чукотский автономный округ / Chukotka Autonomous Okrug). The equipment has successfully passed hydraulic tests (Гидравлические испытания) confirming its structural strength, and a full-scale trial assembly (Контрольная сборка) verified absolute conformity of components with the design drawings.

2026-09-24

Balakovo NPP in Russia Conducts Steam Generator O&M Experience Exchange and Technical Support

Recently, at the Balakovo NPP in Saratov Oblast, Russia, a peer support mission focused on steam generator (Steam Generators / Парогенераторы) O&M technology and experience was successfully held. This event was a routine technical exchange organized by the WANO Moscow Centre (WANO-MC / ВАО АЭС-МЦ), aimed at bringing together industry expertise from multiple parties to further enhance the safety and reliability of nuclear power unit operation. The team participating in this support mission was composed of technical backbone personnel from multiple industry organizations and nuclear power plants, including the World Association of Nuclear...

2026-09-24

Hangzhou Puxi Guangjing Semiconductor Technology Co., Ltd. Completes C Round Financing of Several Hundred Million Yuan

Recently, Hangzhou Puxi Guangjing Semiconductor Technology Co., Ltd. (hereinafter referred to as Puxi Guangjing), an enterprise specializing in extreme-environment specialty power chips and systems, completed a C round financing of several hundred million yuan. New investors include Zhejiang Jiahe Changyue, Chengdu Innovation Venture Capital Co., Ltd. (Chengdu Sci-Tech Innovation Investment), Shanghai Semiconductor Equipment and Materials Industry Investment Fund, Shandong Caijin-affiliated Funds, Guizhou Guochuang, and other 10 state-owned and industrial capital institutions. It is understood that the funds will be directed toward three areas: in terms of technology R&D, for the iteration of fourth-generation semiconductor gallium oxide chips, as well as the verification and development of "SiC + gallium oxide" hybrid power modules; in terms of capacity expansion, for the expansion of 230°C-class high-temperature chip module production capacity...

2026-09-23

AtkinsRéalis Joint Venture Wins $1.7 Billion Nuclear Power Plant Refurbishment Contract

The joint venture formed by Candu Energy, a subsidiary of AtkinsRéalis, and Aecon Group has signed a three-year, $1.7 billion contract with Ontario Power Generation (OPG) to officially launch the refurbishment of Unit 5 at the Pickering CANDU nuclear power plant. The scope of work includes retubing, feeder replacement, and steam generator replacement (RFBR). It is understood that the project is part of Ontario's larger nuclear expansion and life extension program. The program also includes the Bruce and Darlington nuclear...

2026-09-23

Bechtel Exits TerraPower's Sodium-Cooled Reactor Project

U.S. engineering, procurement, construction (EPC) and project management company Bechtel has decided to withdraw from TerraPower's Natrium nuclear reactor project. TerraPower stated that both parties have decided to develop independently and will re-tender the project's engineering, procurement and construction contract for building the first Natrium nuclear reactor in Kemmerer, Wyoming, USA.

2026-09-23