The fusion energy landscape has changed – shifting from long-term research toward industrialization. Private industry

Novation Fusion Group visited the International Conference on Open Magnetic Systems for Plasma Confinement in Tsukuba, Japan, to join a global community of scientists, engineers, and innovators working toward the realization of commercial fusion energy.

CorPower Ocean has successfully completed a geophysical survey off the coast of Aguçadoura, northern Portugal, propelling forward the demonstration of next-generation C5 wave energy technology while also laying vital groundwork for the ambitious 10 MW pre-commercial VianaWave project.

Novatron Fusion Group (NFG) showcased its pioneering work in mirror-based magnetic confinement fusion at the 30th Symposium on Fusion Engineering (SOFE 2025) at MIT’s Plasma Science and Fusion Center, Boston.

Green Marine (UK) Ltd, a leading provider of integrated marine services to the renewable energy and offshore sectors, has announced the successful acquisition of ROVs (Remotely Operated Vehicles), Survey Equipment, Vessel, Personnel & Contract Agreements from the successful long-established Orkney-based Roving Eye Enterprises.

With the global wave energy market projected to reach $15.67 billion by 2033, the sector is entering a phase of rapid growth and commercialization.

CorPower Ocean has secured a EUR 40m grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.

Global leader in wave energy technology CorPower Ocean has secured two new strategic investors – Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT, as part of its Series B funding round.

The European Commission has officially named ocean energy as one of only two technologies that count toward the EU’s innovative renewables target, calling on member states to dedicate 5% of new renewable capacity to innovative technologies by 2030.