Microsoft signs power purchase deal with nuclear fusion company Helion

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Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth.

A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson/File Photowith electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth.

Helion's plant is expected to be online by 2028 and will target power generation of 50 megawatts or greater after a one-year ramp-up period, it said. One megawatt can supply up to about 1,000 U.S. homes on a typical day. While many fusion companies are looking to tritium, a rare hydrogen isotope, to help fuel reactions, Helion plans to use Helium 3, a rare type of the gas used in quantum computing.

The companies did not disclose financial or timing details of the power purchase agreement, or which Microsoft facilities would get fusion-generated electricity.

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