General Fusion and Renexia Announce Framework Agreement for the Commercial Deployment of Fusion Power in Italy (opens original article in a new tab)

General Fusion and Renexia have announced a framework agreement to advance the commercial deployment of fusion energy technology in Italy, focusing on site evaluation, development, and construction of Magnetized Target Fusion power plants. General Fusion also plans to go public through a business combination with Spring Valley Acquisition Corp.

• General Fusion and Renexia signed a framework agreement to deploy fusion power in Italy
• The agreement includes phases for site evaluation, development, and construction of MTF power plants
• General Fusion plans to go public through a business combination with Spring Valley Acquisition Corp.