Google is investing in a Taiwanese solar company with plans to build a 1 gigawatt (GW) pipeline of sustainable energy in the region. The company is placing a stake in New Green Power (NGP), part of BlackRock’s investment portfolio, for the project. The move could help Google and Taiwan move closer to their climate goals while stabilizing green energy production in one of the most crucial semiconductor hubs of our new AI-infused world.
Google already has a significant presence in Taiwan, including a data center. According to Amanda Peterson Corio, Google’s global head of data center energy, fossil fuels currently generate nearly 85 percent of Taiwan’s power grid. “To help overcome these obstacles, companies can play a pivotal role in finding new strategies to grow the supply of available renewable energy sources and promoting emerging technologies that enable the full decarbonization of regional electricity systems,” she wrote.
Google expects to use up to 300 megawatts of solar ca
