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Energy company Helion is inching closer to its goal of firing up the world's first fusion reactor to produce usable electricity. It's currently considering a property in the city of Malaga, Washington, to set up a 50-MW facility and power Microsoft's data centers.

Local media outlet Wenatchee World reported that Helion made an announcement at a press conference on Thursday, laying out its plans to lease a site in Malaga. The prospective project is located within Chelan County, and near the Rock Island Dam on the Columbia river. The land is owned by Chelan County Public Utility District.