Google to buy 200MW of fusion power from MIT’s spinoff company

Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has signed an agreement with Commonwealth Fusion Systems to purchase 200 megawatts of carbon-free energy, according to an announcement from the tech giant on Monday.

The company said it has also made a second capital investment in the fusion power company, which was spun out from the Massachusetts Institute of Technology. The financial terms of the investment were not disclosed.

The power will be supplied to Google from CFS’ first commercial plant, to be developed in Chesterfield, Virginia.

“Fusion holds huge potential as an energy source of the future: it’s clean, abundant, and inherently safe, and it can be built just about anywhere. Commercializing fusion is immensely challenging, and success is not guaranteed. But if it works, it could change the world by providing a more secure and clean energy future,” Google said.