Finance Next Steps
Advertisement
  • Economy
  • Investing
  • Stocks
  • World
No Result
View All Result
  • Economy
  • Investing
  • Stocks
  • World
No Result
View All Result
Finance Next Steps
No Result
View All Result
Home Economy

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 2, 2025
in Economy
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant′s first commercial commitment to fusion.

The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion power plant, known as ARC, based in Chesterfield County, Virginia.

ARC is expected to come online and generate 400 megawatts of clean, zero-carbon power in the early 2030s, which is enough energy to power large industrial sites or roughly 150,000 homes, according to CFS. The agreement also gives Google the option to purchase power from additional ARC plants.

Google, which has invested in CFS since 2021, said it also increased its stake in the Devens, Massachusetts-based company.

Google and CFS did not disclose the financial terms.

“We’re excited to make this longer-term bet on a technology with transformative potential to meet the world’s energy demand, and support CFS in their effort to reach their scientific and engineering milestones needed to get there,” Michael Terrell, head of advanced energy at Google, said in a statement.

Fusion is a process that takes light atomic nuclei and heats them to over 100 million degrees Celsius. At these temperatures, the fuel becomes a plasma, which eventually causes the nuclei to fuse and release significant amounts of energy. The energy is then captured to create carbon-free electricity.

CFS is one of many firms racing to achieve commercial-scale fusion energy and Google has invested in others. Earlier this month, Google announced continued funding for TAE Technologies, a California-based fusion energy company.

This post appeared first on NBC NEWS

Previous Post

Lululemon sues Costco over selling alleged dupes

Next Post

Acquisition Legal DD Complete

Next Post
Acquisition Legal DD Complete

Acquisition Legal DD Complete

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    A piece of the illegally felled Sycamore Gap tree is going on display – and you can hug it

    A piece of the illegally felled Sycamore Gap tree is going on display – and you can hug it

    July 11, 2025
    EU’s von der Leyen survives parliament confidence vote brought by far-right

    EU’s von der Leyen survives parliament confidence vote brought by far-right

    July 11, 2025
    Critics slam Mexico’s gentrification protests as xenophobic. Activists say they’re fighting for their human rights

    Critics slam Mexico’s gentrification protests as xenophobic. Activists say they’re fighting for their human rights

    July 11, 2025
    How I Triple My Returns With 3x Leveraged ETFs!

    How I Triple My Returns With 3x Leveraged ETFs!

    July 11, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 financenextsteps.com | All Rights Reserved

    No Result
    View All Result
    • Economy
    • Investing
    • Stocks
    • World

    Copyright © 2025 financenextsteps.com | All Rights Reserved