Helion Energy received the world’s first regulatory licenses for a fusion power plant from the Washington Department of Health. The milestone clears a key safety hurdle for the Orion facility that aims to supply Microsoft data centers with fusion-generated electricity by 2028.

The company is one of more than 40 worldwide now targeting the reactions that power the sun in hopes of generating clean, abundant energy on Earth.
So far, no company or academic effort has produced more energy from a fusion system than it takes to create the reactions, though both have notched important milestones toward that goal.
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General Fusion completed its SPAC merger with Spring Valley Acquisition Corp. III on July 10, 2026, becoming the first publicly traded fusion company. Shares will begin trading on Nasdaq under GFUZ on Monday after an earlier $1 billion deal announcement that followed layoffs and a CEO funding plea, plus a new Italy deployment partnership with Renexia, though significant technical hurdles remain.
CVR Energy has agreed to buy Marathon Petroleum's St. Paul Park, Minnesota, and Mandan, North Dakota, refineries plus related marketing and midstream assets for about $4.2 billion plus working capital. The deal is expected to close by the end of 2026.
GE Vernova agreed to buy high-voltage grid equipment maker Trench Group from Triton Partners for $9.0 billion (about €8.0 billion), funded equally with cash and debt. The deal is expected to close in late 2027, subject to regulatory approvals.
The US Department of Energy closed a $5.1 billion loan to Alliant Energy for new natural gas plants, storage, and upgrades in Iowa and Wisconsin. The package will add more than 2.6 gigawatts of capacity and hundreds of construction jobs.
Google has contracted for power from Constellation Energy, with new nuclear energy accounting for about a quarter of the supply. The 20-year deal will enable more than $4.3 billion in new investment and upgrades at 11 nuclear units in the PJM grid.