Commercial Partners
Google and Commonwealth Fusion Systems (CFS) announced a new global milestone, a bold partnership to develop, deploy and scale clean, secure fusion power. We expect it’ll cement CFS leadership in commercializing the technology.
Through this partnership:
- Google signed an offtake agreement for 200 megawatts (MW) of clean fusion power from CFS’s inaugural ARC power plant in Chesterfield County, Virginia.
- Google, an investor in CFS since 2021, is increasing its investment stake in CFS.
- The commitment to CFS’ first ARC fusion power plant and the additional corporate investment are part of a strategic partnership in which Google has the option to purchase power from future plants.
- The agreement reinforces CFS’ global leadership towards developing commercial fusion power — a technology that promises to be transformative in the face of accelerating long-term growth in energy demand.
The agreement pairs the leading fusion energy developer with one of the most innovative companies in the world, a pioneer in commercial agreements that drove the success of new clean energy sources. It shows a strong appetite for fusion energy’s advantages: a source of clean, safe, and firm power that can be built in the same regions where homes and businesses have a growing electricity appetite.
“By entering into this agreement with CFS, we hope to help prove out and scale a promising pathway toward commercial fusion power. We’re excited to make this longer-term bet on a technology with transformative potential to meet the world’s future energy demand, and support CFS in their efforts to reach the scientific and engineering milestones needed to get there,” said Michael Terrell, Head of Advanced Energy at Google.
Dominion Energy
A collaboration between Dominion Energy Virginia and CFS will speed the arrival of the world’s first grid-scale fusion power plant in Chesterfield County, Virginia, a region with some of the fastest growing demand for power.
The Virginia utility will provide CFS with development and technical expertise that’ll help connect the first ARC fusion power plant to the grid. In addition, Dominion will offer leasing rights for the planned site for the ARC fusion power plant. CFS will provide Dominion with knowledge about how to build and operate fusion power plants that’ll give the utility an early view into this emerging source of power, providing an advantage in the scaling and deployment of fusion as it matures.
“Commonwealth Fusion Systems is the clear industry leader in advancing the exciting energy potential of fusion,” said Edward H. Baine, President of Dominion Energy Virginia, in the 2024 announcement of the agreement. “Our customers’ growing needs for reliable, carbon-free power benefits from as diverse a menu of power generation options as possible, and in that spirit, we are delighted to assist CFS in their efforts.”
Type One Energy
Type One Energy licensed CFS’ groundbreaking high-temperature superconducting (HTS) cable technology to develop magnets for its fusion machine, a type of device called a stellarator. CFS has shown its HTS magnet technology can be used to generate the very high magnetic fields that are essential to fusion devices such as Type One Energy’s stellarators or CFS’ tokamaks.
The agreement means Type One Energy can benefit from CFS’ experience in manufacturing the world’s most powerful HTS fusion magnets. And it expands the market for CFS’ magnet business by aligning with the leading stellarator fusion company in the market.
“Our agreement with CFS represents the best of cooperative relationships within the fusion industry,” said Christofer Mowry, CEO of Type One Energy, in the 2025 announcement of the agreement. “We get unique access to leading manufacturing capabilities and the HTS cable background technology that our company would otherwise need to recreate, reducing risk, cost, and schedule in the development and delivery of our own stellarator fusion magnets.”