Overview

• Google has signed its first corporate geothermal power purchase agreement (PPA) in Taiwan, marking its entry into geothermal energy in the Asia-Pacific region.
• The initial projects under the agreement will deliver 10 megawatts of clean, reliable geothermal power to Taiwan’s grid by 2029, doubling the country’s current commercial geothermal capacity.
• This deal supports Google's local data centers and offices in Taiwan while contributing to its global commitment to achieve 24/7 carbon-free energy by 2030.
• The agreement includes a strategic equity investment in Baseload Capital to scale geothermal energy initiatives and strengthen clean energy infrastructure.
• Google plans to explore similar geothermal projects in other Asia-Pacific markets, including Japan and Indonesia, as part of its broader renewable energy strategy.