Global technology giant Google has finalized new 18 energy deals for the purchase of power from an aggregate renewable energy capacity of 1.6 GW across Europe and the Americas.
The company said this is its largest energy purchase and that it will increase the renewable energy portfolio from which it buys power to 5.5 GW. “Once all these projects come online, our carbon-free energy portfolio will produce more electricity than places like Washington D.C. or entire countries like Lithuania or Uruguay use each year,” the company said in its blog.
In the U.S., the deals are spread across North Carolina (155 MW), South Carolina (75 MW), and Texas (490 MW), while in Europe these are located in Finland (255 MW), Sweden (286 MW), Belgium (92 MW), and Denmark (160 MW). As for South America, the only deal closed by google is in Chile, where it agreed to buy power from a 135 MW hybrid wind and solar plant. “Up to now, most of our renewable energy purchases in the U.S. have been wind-driven, but the declining cost of solar (down more than 80 percent in the past decade) has made harnessing the sun increasingly cost-effective,” the Internet giant specified.
As of April 2018, Google had contracts to purchase 3 GW of output from renewable energy projects worldwide. These led to over $3 billion in new capital investment around the world, the company said at the time.
In January, the company signed its first solar PPA in Asia. Most recently, it also announced a plan to construct more than 400 MW of solar power capacity in the U.S. states of Alabama and Tennessee.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.