Google commits over $3 billion to renewable hydropower

Google will pay a substantial sum to ensure a supply of hydropower for its data centers.

Google commits over $3 billion to renewable hydropower

Google has announced a deal worth over $3 billion to purchase carbon-free hydropower from Brookfield Renewable Energy Partners. This agreement includes 20-year power purchase contracts, securing 670 megawatts from two hydropower plants in Pennsylvania. As the demand for energy grows with the expansion of data centers, this move aligns with Google's commitment to sustainability and support for renewable energy initiatives. The deal could allow Google to source up to 3 gigawatts of capacity in total, highlighting the tech sector's shift towards greener energy solutions as it grapples with rising power needs.

This investment marks a crucial step for Google in managing its energy demands amid rapid data center growth. The tech industry is under pressure to find sustainable energy sources as it balances expansion and environmental responsibility. Google's collaboration with Brookfield represents a trend where major companies look to integrate renewable sources into their operations. This not only helps them achieve net-zero emissions goals but also supports job creation and infrastructure improvements in the regions where they operate.

Highlights

Google's strategic move highlights the growing importance of renewable energy in tech.