This fusion startup just raised another $1 billion for its first commercial power plant

Commonwealth Fusion Systems is still building its first demonstration project, but it’s simultaneously moving forward with a plans for a fusion power plant in Virginia.

CFS SPARC Facility [Photo: Commonwealth Fusion Systems]

For decades, fusion energy has seemed just out of reach. The technology, which could provide cheap clean energy around the clock, still isn’t proven. But companies are now betting that it’s ready to finally leave the lab.

Last month, the MIT spinout Commonwealth Fusion Systems (CFS) raised another........

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