Fusion energy storage new energy

4 FAQs about [Fusion energy storage new energy]

What is China fusion energy?

During the launch ceremony, China Fusion Energy signed a series of agreements with institutional partners and shareholders. Shanghai has prioritized the development of fusion-related industries, with a strong focus on breakthroughs in critical technologies — such as high-temperature superconductors — and fostering high-level R&D talent.

Who owns fusion energy?

Fusion Energy Tech., the Hefei-based company building the BEST, is another large firm with majority state-owned capital stakes and a registered capital of 14.5 billion yuan. Chinese automaker NIO is one of its major shareholders. Engineers there are aiming to construct a fusion engineering demonstration reactor, based on the BEST project.

What is China national fusion energy company (CNNC)?

Launched on July 22, 2025, the new entity, officially named the China National Fusion Energy Company (Zhongguo Jubian Nengyuan Youxian Gongsi 中国聚变能源有限公司), is a direct, second-level subsidiary of the state-owned giant, China National Nuclear Corporation (CNNC) (Zhonghe Jituan 中核集团). This move isn’t just about research.

Can China commercialize Fusion Power?

SHANGHAI, July 24 (Xinhua) -- China has set up a state-owned fusion energy company in its latest drive to commercialize fusion power, aiming to harness an almost inexhaustible source of clean energy.

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