International edition
Nuclear News Network

Reporting the buildout, from mine to megawatt

Fusion Energy Companies & Projects Tracker

Stellaris (Proxima Fusion)

Design · Germany · Stellarator

Stellaris is Proxima Fusion's design for the first commercial stellarator fusion power plant, planned on RWE's decommissioning Gundremmingen nuclear site in Bavaria and targeted to deliver power in the 2030s after the Alpha demonstrator.

New to fusion? Nuclear fusion, explained: three ways to bottle a star

Current state

StatusDesign
CountryGermany
LocationGundremmingen, Bavaria
DeveloperProxima Fusion
Developer typePrivate
ConceptStellarator
FuelD-T
PurposeCommercial plant
SiteRWE's former Gundremmingen nuclear plant identified under 2026 MoU
Private funding raisedEUR 650m (as of 2026-07-07)
Public fundingBavaria up to €400m; possible 20% state co-financing subject to federal funding

Notes

Grid target given only as 'the 2030s'; power rating not confirmed in the sources reviewed. RWE is a partner, not a contracted offtaker.

Timeline

  • 2026-03-03 — Proxima, RWE, Bavaria and IPP signed an MoU naming RWE's Gundremmingen site for the first stellarator power plant. (source)
  • 2026-07-07 — RWE joined Proxima's €411 million round as a strategic investor and partner for the Gundremmingen plant. (source)

The timeline is append-only: corrections are added as new entries. Stated targets appear in the current-state table, never as milestones.

Related projects

See all 51 projects in the Fusion Energy Companies & Projects Tracker →

Sources

  1. Stellaris — Proxima Fusion (primary), checked 2026-10-11
  2. Proxima Fusion signs MOU with Bavaria, RWE, and Max Planck IPP — ANS Nuclear Newswire, checked 2026-10-11
  3. Largest European fusion investment on record sees Proxima Fusion raise €411 million — EU-Startups, checked 2026-10-11