Swing To Trade
  • Stock
  • Politics
  • Business
  • Sports
Business

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

by admin July 1, 2025
July 1, 2025

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
Tom Lee picks Ether over Bitcoin as primary treasury reserve asset: find out more
next post
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Related Posts

Microsoft’s Satya Nadella says job cuts have been...

July 26, 2025

FCC greenlights Paramount’s $8 billion merger with entertainment...

July 26, 2025

Uber will let women drivers and riders request...

July 25, 2025

Alphabet beats earnings expectations, raises spending forecast

July 25, 2025

UnitedHealth says it faces DOJ investigation over Medicare...

July 25, 2025

Credit card startup Imprint beats big banks for...

July 24, 2025

Businesses are cautiously spending on corporate travel as...

July 24, 2025

UnitedHealth says it is facing DOJ investigation over...

July 24, 2025

Lawsuit says Clorox hackers got passwords simply by...

July 24, 2025

Orange juice importer says Brazil tariffs will squeeze...

July 22, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • What’s next for Paramount stock after FCC’s approval for Skydance merger?

      July 26, 2025
    • China proposes global AI body, pushes for Shanghai HQ amid US export controls

      July 26, 2025
    • Trump gives ’50-50 chance’ for EU trade deal as leaders prepare for Sunday meeting

      July 26, 2025
    • Japan’s $550B investment could back Taiwan chip plants in US, says trade official

      July 26, 2025
    • Musk hints at budget Model Y, but analysts doubt its impact on Tesla’s sales downturn

      July 26, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 SwingToTrade.com All Rights Reserved.

    Swing To Trade
    • Stock
    • Politics
    • Business
    • Sports