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Google inks its first fusion power deal with Commonwealth Fusion Systems

1. Google to buy 200 megawatts from Commonwealth Fusion Systems' first plant by 2030s. 2. New funding round for CFS signals strong commitment towards fusion energy R&D. 3. Data center electricity demand forecast to double by 2030, necessitating diverse energy sources. 4. Google prioritizes renewable and fusion energy for operational efficiency and sustainability. 5. Successful fusion could revolutionize clean energy, boosting global demand significantly.

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Why Bullish?

Google's investment in fusion energy positions it as a leader in sustainable energy sectors. Historical investments in alternative energy have reflected positively on stock valuations.

How important is it?

Google's venture into fusion energy demonstrates proactive steps towards sustainable energy, which may attract investors.

Why Long Term?

The fusion project will materialize in the 2030s, indicating benefits spread over a decade.

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