Mitsubishi invests in fusion energy startup Commonwealth Fusion Systems
The startup aims to construct the world's first commercial fusion power plant, ARC.
02 September 2025
02 September 2025
The startup aims to construct the world's first commercial fusion power plant, ARC.
The upgrade aims to align with the times of highest demand.
The PPA represents Scatec's inaugural project in the country.
The agreements follow previous announcements regarding arrangements with Siemens Gamesa Renewable Energy.
The JV has received NZ$300m in financing for the 200MW first phase of the project.
Sub-Saharan Africa holds nearly 30% of the world's known reserves of critical minerals such as copper and cobalt.
The project will feature 81 wind turbines and create more than 100 jobs during its construction phase.
The upgrade aims to align with the times of highest demand.
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