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Google and RWE Back German Nuclear Startup Proxima Fusion at €2.4 Billion Valuation

Energy Markets & PricesTechnology & InnovationESG & Climate PolicyRenewable Energy Transition

Google agreed to buy 200 MW of power in 2025 from Commonwealth Fusion Systems, the US fusion developer it has backed. The deal supports the commercialization pathway for fusion power and signals sustained big-tech demand for long-term clean energy capacity.

Analysis

Google agreed to buy 200 MW of power in 2025 from Commonwealth Fusion Systems, the US fusion developer it has backed. The deal supports the commercialization pathway for fusion power and signals sustained big-tech demand for long-term clean energy capacity.

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