Google Invests in Taiwanese Solar Firm to Drive Renewable Energy
The tech giant partners with BlackRock's New Green Power to develop a 1 GW solar pipeline, aiming to cut emissions and support semiconductor suppliers.
- Google's investment in New Green Power targets a 1 gigawatt solar energy pipeline in Taiwan.
- The initiative supports Google's net-zero emissions goal by 2030 and aims to decarbonize its supply chain.
- Up to 300 megawatts of solar power will be used for Google's data centers and offered to chip manufacturers.
- Taiwan's heavy reliance on fossil fuels highlights the need for renewable energy projects.
- Regulatory approval is pending for the investment, which aligns with broader renewable energy trends in Asia-Pacific.