Fusion energy company Helion has signed a power purchase agreement (PPA) with Microsoft to supply electricity generated from its first fusion power plant.
The plant is expected to come online by 2028 and will generate 50MW after a one-year ramp-up period.
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Helion intends to enable a future with unlimited clean electricity.
Its CEO David Kirtley stated: “This collaboration represents a significant milestone for Helion and the fusion industry as a whole.
“We are grateful for the support of a visionary company like Microsoft. We still have a lot of work to do, but we are confident in our ability to deliver the world’s first fusion power facility.”
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Helion noted that Constellation will serve as the power marketer and will manage transmission for the project.
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By GlobalDataThe deal to purchase clean energy is part of Microsoft’s strategy to become carbon negative by 2030.
Microsoft vice-chair and president Brad Smith stated: “We are optimistic that fusion energy can be an important technology to help the world transition to clean energy.
“Helion’s announcement supports our own long-term clean energy goals and will advance the market to establish a new, efficient method for bringing more clean energy to the grid, faster.”
