Type One Energy Group Plans Knoxville-Clinton, Tennessee, Operations
02/22/2024
In addition, the company will locate at the Tennessee Valley Authority’s Bull Run Fossil Plant in Clinton for its stellarator fusion prototype machine, Infinity One.
“Type One Energy will build the world’s most advanced stellarator at TVA’s Bull Run Fossil Plant. This prototype, Infinity One, will not only confirm the design and operation of our subsequent Fusion Pilot Plant, but will also become an excellent platform for a potential long-term national fusion research facility. We are excited to expand our operations in Tennessee in partnership with TVA and ORNL. We are also grateful for the leadership of Gov. Lee and his vision, which led to the Nuclear Energy Fund’s valuable support for this project,” Christofer Mowry, CEO, Type One Energy said.
Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.
“With assets like Oak Ridge National Lab, Tennessee is the quintessential location for companies like Type One Energy to grow and succeed. This project will not only strengthen Tennessee’s R&D footprint but also further develop our nuclear sector, which wouldn’t be possible without the forethought of Gov. Bill Lee and our Tennessee General Assembly to create the Nuclear Energy Fund,” TNECD Commissioner Stuart C. McWhorter noted.
"Congratulations to Type One Energy and all the partnerships that helped this important project locate in East Tennessee. This is a great example of a next-generation, high-impact project that will benefit from the technology and workforce assets of our community. The Knoxville Chamber stands ready to champion Type One Energy’s headquarters operations as the project evolves,” Doug Lawyer, Vice President of Economic Development, Knoxville Chamber added.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024