Thursday, June 6, 2013

Google expands purchase of green power in Africa and Europe

In two separate deals in the last two weeks, Google has increased its investment in green power to source its vast electricity needs for data centers. 

After signing a 10-year deal with a South-african solar power plant, they closed also a 10-year deal with a Swedish onshore windfarm (72 megawatts) to power their Finnish data center. The best thing about this is that they specifically looked for a net new green energy opportunity to ensure their funding would add additional positive impact rather than purchasing from existing sources. This engagement secured the funding to even begin with the wind farm.

This adds to their existing $1bn portfolio of green energy investments. Well done, Google!

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