Google’s geothermal passion is growing
The agreement signed between Google and International Geothermal Energy Developer Baselooad Capital is made in Taiwan so far First Corporate Geothermal Energy Power Power Parchase Agreement – PPA). Baselooad Capital within the scope of the agreement, 2029 Until the year to the Taiwan Electric Network 10 megawatts It aims to add energy without carbon release. This increase in capacity is the country’s current commercial will double the geothermal production.
By 2030, Google considers this investment as a strategic step in line with the goal of providing electricity consumption from resources without completely carbon release and halving greenhouse gas emissions. The company in Taiwan Data Centers, Offices and the biggest equipment outside the USA Ar-ge Merkeziwill benefit from geothermal projects. In addition, Google will make capital investment in Baselooad Capital within the scope of this long -term cooperation. The details of the investment amount were not shared with the public.
Google’s interest in geothermal energy is not limited to Taiwan. Evaluating similar agreements in Japan and Indonesia, the company started geothermal energy research with the University of Newcastle in Australia in December. In the US, Google has been working closely with Fervo Energy for years. Energy purchase agreements with the company are also signed.
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