Proxima Fusion, RWE, the state of Bavaria, and the Max Planck IPP have signed an MoU to connect the world's first commercial stellarator fusion power plant to the grid in Europe. The agreement includes building a demonstration Alpha stellarator near the IPP in Garching during the 2030s to validate commercial technologies. The Stellaris fusion power plant is planned for Gundremmingen, with Proxima leading on EPC, IPP handling plasma physics, RWE bringing power plant expertise, and Bavaria supporting permitting and funding. The project aims to create thousands of jobs in construction, magnets, and manufacturing, reducing Europe's energy import reliance and positioning the European fusion industry globally.
https://www.power-technology.com/news/proxima-fusion-targets-europes-first-commercial-stellarator/