InvestingCongress
  • Investing
  • Business
  • Stock
  • Politics
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
Crypto Market Recap: Metaplanet Buys 1,005 Bitcoin, REX to Launch Solana Staking ETF

You may also like

Home Depot is buying GMS for about $4.3...

July 1, 2025

Home Depot is buying GMS for about $4.3...

June 30, 2025

Microsoft says goodbye to the Windows blue screen...

June 30, 2025

Apple reveals complex system of App Store fees...

June 30, 2025

Divided Fed proposes rule to ease capital requirements...

June 26, 2025

Women’s Tennis Association extends media rights deal with...

June 26, 2025

Bumble shares jump 26% as dating company plans...

June 26, 2025

Small-business AI use is lagging, but one firm...

June 25, 2025

Nvidia CEO Huang sells $15 million worth of...

June 25, 2025

How Fanatics is teaching business acumen to pro...

June 24, 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

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

      July 1, 2025
    • Crypto Market Recap: Metaplanet Buys 1,005 Bitcoin, REX to Launch Solana Staking ETF

      July 1, 2025
    • 13 Uranium Companies Exploring Canada’s Athabasca Basin

      July 1, 2025
    • Mali Completes Takeover of Abandoned Gold Mines, Extends Push for Resource Sovereignty

      July 1, 2025
    • Ian Rodger Appointed Managing Director

      July 1, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investingcongress.com | All Rights Reserved

    InvestingCongress
    • Investing
    • Business
    • Stock
    • Politics