Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind
17 Articles
17 Articles
Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind
The tech industry is intensifying the hunt for massive amounts of clean electricity to power data centers needed for AI and cloud computing, driving power consumption to record highs.
Google inks US$3 billion hydropower deal in largest clean energy agreement of its kind
Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centres.
Google Inks World's Largest Hydropower Deal with Brookfield at $3B to Power AI Growth
Google signed a $3 billion, 20-year hydropower deal with Brookfield Asset Management. This agreement will provide up to 3 gigawatts (GW) of carbon-free electricity. It is the largest corporate hydropower deal in history. The deal starts with 670 megawatts (MW) from Pennsylvania’s Holtwood and Safe Harbor dams. This move helps Google meet its growing energy demands, which come from fast data center and AI growth on the PJM grid. Amanda Peterson C…
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