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☢️ Helion announces world’s first fusion energy purchase agreement with Microsoft

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Helion, Microsoft

Helion Energy (Helion) today announced an agreement to provide Microsoft electricity from its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project. The plant is expected to be online by 2028 and will target power generation of 50 MW or greater after a 1-year ramp up period. The planned operational date for this first of its kind facility is significantly sooner than typical projections for deployment of commercial fusion power. The development of a commercial fusion power facility is a crucial step in the transition to a sustainable energy future and will not only help Microsoft to achieve its goal of being carbon negative by 2030, but will also support the development of a new clean energy source for the world.

Read more at Business Wire