Overview
- Google has finalized its first-ever corporate power purchase agreement (PPA) for geothermal energy in Asia with Baseload Capital, marking a historic first for the region.
- The partnership will provide 10 megawatts of always-on, carbon-free energy to support Google’s data centers and offices in Taiwan.
- This agreement doubles Taiwan's current commercial geothermal capacity and aligns with the nation's goal of achieving 6 GW of geothermal energy by 2050.
- Google has also made an equity investment in Baseload Capital to accelerate geothermal energy development across Asia-Pacific and globally.
- Geothermal energy is highlighted as a reliable, 24/7 clean power source, critical for reducing carbon footprints and meeting the growing energy needs of digital innovation.