Google Makes Massive Renewable Energy Purchase In US, Sweden And Chile
The Googleplex is Google’s corporate headquarters in Mountain View, Calif. The company has committed to tripling its purchases of clean energy by 2025.
The agreements boost Google’s total purchases of renewable energy to 2 gigawatts and bring the company a huge step closer to its goal of powering all 14 of its global data centers through green energy.
Google’s commitment to renewable energy also greatly contributes to giant energy companies such as EDF, Duke and RES (Renewable Energy Systems) Americas as it helps the finances to continue building further facilities. Today, the search giant announced “the largest, and most diverse, purchase of renewable energy ever made by a non-utility company”. Most of these deals would be for a 10 to 20 years period. 842 gigawatts of clean energy to the company, thus reaching the 2 gigawatts goal that Google set for itself a while ago.
Terrell said Google wanted to convey a message that corporate America is actually dedicated to helping the transition to a clean-energy economy.
Google is not disclosing the amount it is expecting to pay for the power. He added that Cairo Solar paid EGP 9m to the Ministry of Electricity this week, 30% of which is the cost-sharing agreement the ministry received to establish the roads and transformer stations for solar energy projects in the Benban area in Aswan. Currently, 37% of the energy used to power these comes from renewable sources.
“But we’ll actually be consuming energy”, he added. The first was signed in January 2014 regarding all electricity produced from 59 MW installed capacity in four wind farms in southern Sweden that were commissioned in 2014 and 2015.
Google believes with these deals, not only will their company benefit, but also be able to promote the adoption of renewable energy in general. In the last several years, major purchases have also been announced by Apple, Facebook, Microsoft, Ikea and Walmart, among others.
The now contracted 2 gigawatts is sufficient to supply more than 2 million homes in Europe annually, based upon estimates by Google of an average of 7.4 billion kilowatt hours of electrical power.