Google will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom.
The deal will see Google make a capital investment, yet to be approved by regulators, in Taiwanese solar developer New Green Power"to facilitate the buildout of its large-scale solar pipeline."will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom.
The deal will see Google make a capital investment, yet to be approved by regulators, in Taiwanese solar developer New Green Power"to facilitate the buildout of its large-scale solar pipeline."The investment will boost clean energy on Taiwan's local electricity grid, and help Google reach its goal of achieving net-zero emissions across all its operations and value chain by 2030, the company said.
The new solar capacity will help power Google's data centers and cloud region in Taiwan, the press release said. Some of the clean energy capacity will also be offered to Google's chip suppliers and manufacturers in the region, it said.
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