NAIROBI, Kenya- Google is taking a bold step towards a greener future with its investment in New Green Power (NGP), a Taiwanese solar company under BlackRock’s investment portfolio.
This strategic move aims to build a 1 gigawatt (GW) pipeline of sustainable energy in Taiwan, aligning with Google’s and Taiwan’s ambitious climate goals while stabilizing green energy production in a key semiconductor hub.
With a significant presence in Taiwan, including a data center, Google is poised to make a substantial impact.
Amanda Peterson Corio, Google’s global head of data center energy, highlighted the pressing need for renewable energy in the region, where nearly 85 percent of the power grid is currently fossil fuel-based.
“Companies can play a pivotal role in finding new strategies to grow the supply of available renewable energy sources,” she noted.
Google plans to leverage up to 300 megawatts of solar capacity to power its data centers in Taiwan.
Furthermore, the tech giant aims to share a portion of this clean energy with its semiconductor suppliers and manufacturers in the area.
This initiative will not only help its partners meet their green energy targets but also reduce indirect (Scope 3) emissions within Google’s supply chain.
Peterson Corio explained the broader impact of this investment on Google’s sustainability goals: “A significant share of our Scope 3 footprint can be traced back to the electricity grids that power our suppliers and users. Broad decarbonization — and partnerships like this — are core to our net-zero goal.”
By enhancing the renewable energy infrastructure in Taiwan, Google is not only advancing its own environmental objectives but also supporting the global transition to sustainable energy sources.
The deal is still pending regulatory approval, and Google has yet to disclose the exact amount of its investment in NGP.
However, this partnership represents a significant step towards achieving comprehensive decarbonization in one of the world’s most critical tech regions.
