Stellarator fusion energy company Type One Energy will collaborate with private equity firm Pine Island New Energy Partners (PINEP) to accelerate the maturation of a more robust supply chain for the fusion energy industry, the companies announced last week.

Type One Energy said it has entered into a cooperative agreement with the Tennessee Valley Authority to jointly develop plans for a potential TVA fusion power plant project in the Tennessee Valley region using Type One Energy stellarator fusion power technology. The company said its 350-MWe fusion pilot power plant, named Infinity Two, could provide a complementary source of baseload electrical generation for the region as early as the mid-2030s.