American tech giant Google is teaming with Copenhagen Infrastructure Partners (CIP) to launch a wind energy project in Taiwan. The Mountain View, California-based company has signed a power purchase agreement (PPA) with CI V, Copenhagen Infrastructure Partners’ flagship fund, to develop its first offshore wind farm in the Asia-Pacific. Expected to be operational in 2027, this 495 MW project would contribute towards Google’s goal of achieving zero emissions across all its operations and value chains.
Google is one of a handful of technology companies that have seen their energy consumption surge to astronomical levels in recent years. With cloud services and now AI becoming an increasingly larger part of the company’s operations, Google is using an incredible amount of energy to run its massive server centers and keep them cool. If the tech firm relied on fossil fuels to power its operations, it would be indirectly responsible for a notable amount of carbon dioxide emissions.
As a result, Google is investing in clean energy to limit its reliance on fossil fuels and ensure its energy-hungry operations are powered by renewable energy. The company’s wind PPA with CIP, its first such agreement in the Asia-Pacific region (APAC), will take it a step closer to its goal of using 100% carbon-free energy by 2030. APAC also benefits from this agreement as Asia currently covers 34% of its energy needs with renewable electricity compared to the worldwide average of 41%.
Dubbed the Fengmiao I project, the offshore wind farm will start running in 2027 and will provide renewable energy for Google’s Taiwanese facilities. This includes general offices, cloud regions, and data centers. The wind farm is the first of Taiwan’s Round 3.1 offshore wind auction projects to achieve financial close. Experts predict that it could lead to further development in local clean energy markets as Taiwan ramps up renewable energy production to meet growing demand for energy.
CI Wind Power Development Taiwan CEO Jesper Kranup Holst notes that with offshore wind experiencing notable challenges in several markets, the fact that the Fengmiao I wind project is moving forward indicates that the investment firm is committed to providing offshore wind energy. He says the collaboration with CIP, coupled with the community and legislative support the project has received in Taiwan, showed them that offshore wind has massive development potential in the region.
Fengmiao I CEO Mark Wainwright says that after the project is completed, it will work towards providing 15GW of offshore wind from 2026 to 2035 and help support Taiwan in its quest to transition to clean energy. The partnership sets a strong precedent for private-sector involvement in renewable energy development across Asia. Most importantly, it highlights how tech companies and energy firms can work together to accelerate the global shift toward sustainability.
As more utility-scale green energy projects come online in different regions, the eco benefits could magnify as other climate-friendly technologies like EVs from enterprises like Mullen Automotive Inc. (NASDAQ: MULN) also catch on around the world.
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