Japan just signed its first PPA for fusion energy. (The Fusion Report)
Tokyo-based startup Helical Fusion signed the historic agreement with Aoki Super, a regional supermarket chain, while simultaneously closing a $5.5M Series A extension to fund the development of its “Helix” reactor.
Bigger picture: The move is underpinned by Prime Minister Sanae Takaichi’s new “fusion-first” strategy, which aims to achieve 100% energy self-sufficiency for resource-poor Japan by fast-tracking fusion pilot plants into the 2030s.