Agency Of Income
  • World News
  • Stocks
  • Business
  • Politics

Agency Of Income

  • World News
  • Stocks
  • Business
  • 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 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
Trump to sign order lifting sanctions on Syria
next post
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Related Posts

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

June 25, 2025

Walmart to pay $10 million to settle lawsuit...

June 23, 2025

Is a Chinese chain’s blood orange cold brew...

July 7, 2025

Sports executive charged with bid-rigging in Texas arena...

July 10, 2025

Italian chocolate giant Ferrero to buy Kellogg’s Froot...

July 10, 2025

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

July 1, 2025

Apple sued by shareholders who allege it overstated...

June 23, 2025

Chipotle to launch Adobo Ranch dip after sluggish...

June 10, 2025

Kraft Heinz to remove artificial dyes from U.S....

June 17, 2025

Trump made millions on guitars, Bibles and watches...

June 16, 2025

    Get free access to all of the retirement secrets and income strategies from our experts!

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

    Latest News

    • Meet ‘China’s man in Lima’ who jetted over to US to collect trains donated by Biden admin

    • Inside Dan Bongino’s tense meeting with White House officials over Jeffrey Epstein fallout

    • Could Butler happen again? Former Secret Service agents weigh in on political violence in 2025

    • Trump defends embattled AG Pam Bondi, says ‘nobody cares about’ Jeffrey Epstein

    • Bondi says all charges against doctor who allegedly destroyed COVID vaccines have been dropped

    • The CappThesis Market Strength Indicator: What It’s Telling Us Now

    Categories

    • Business (69)
    • Politics (20)
    • Stocks (89)
    • World News (196)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: AgencyOfIncome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 agencyofincome.com | All Rights Reserved