Google Signs Taiwan's First Geothermal Energy Agreement with Baseload Capital
The 10MW project, set to be operational by 2029, advances Google's clean energy strategy in the Asia-Pacific region with a focus on 24/7 carbon-free power.
- Google has signed Taiwan's first corporate power purchase agreement (PPA) for geothermal energy with Baseload Capital, marking a regional milestone for clean energy sourcing.
- The partnership will add 10 megawatts of reliable, always-on geothermal power to Taiwan's grid, doubling the country's current commercial geothermal capacity.
- The agreement includes an equity investment by Google to accelerate geothermal energy development and support its local data centers and offices with carbon-free power.
- Scheduled for completion by 2029, the project aligns with Taiwan's goal to install 6 GW of geothermal capacity by 2050 and Google's target of 24/7 carbon-free energy by 2030.
- This initiative is expected to pave the way for similar geothermal energy projects in other Asia-Pacific markets, including Japan and Indonesia.
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