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COINTURK FINANCE > Business > Google Secures Offshore Wind Energy for Taiwan Facilities
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Google Secures Offshore Wind Energy for Taiwan Facilities

Overview

  • Google signs an offshore wind power agreement in Taiwan.

  • CIP develops the 495 MW Fengmiao I wind project for Taiwan.

  • Project supports Google’s 24/7 carbon-free energy target by 2030.

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COINTURK FINANCE 6 months ago
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Google (NASDAQ:GOOGL) expands its renewable energy portfolio with an offshore wind deal in Taiwan as it boosts clean power sources for its operations. The company has pursued several renewable projects across different regions and is actively working to incorporate diverse energy resources. This move represents part of a larger effort to secure reliable power for data centers and offices while fostering local energy development.

Contents
Wind Power Agreement DetailsHow Will This Project Support Energy Goals?

Wind Power Agreement Details

How Will This Project Support Energy Goals?

Various media outlets report that this deal complements prior initiatives in the region, marking a continuation of steady renewable energy investments. Other coverage highlights that previous contracts in Taiwan included solar and geothermal power projects, which further diversify Google’s energy mix. These details reinforce the recurring commitment of the technology giant to achieve operational sustainability.

Google has arranged to purchase renewable power from Copenhagen Infrastructure Partners’ (CIP) 495 MW Fengmiao I offshore wind project. Set to become operational in 2027, the project will provide power to support local data centers, cloud regions, and offices. The involvement of CIP, a known energy infrastructure investment manager, outlines a clear plan for energy diversification.

The offshore wind agreement follows a series of clean energy ventures in Taiwan, including collaborations with BlackRock and Baseload Capital. A previous deal involved sourcing renewable energy from New Green Power’s solar pipeline, while another focused on geothermal energy. These arrangements collectively contribute to ensuring all operational sites receive sustainable power.

CIP manages its CI V flagship fund to back new energy transition projects in stable markets and recently raised over €12 billion at its final close. This financial milestone confirms the market’s confidence in renewable investments and supports CIP’s continued developments. The scale of the fund reflects the growing interest of global companies in diversifying their energy sources.

Google’s Senior Lead, APAC for Energy and Infrastructure explained the role of the wind project in local energy advancement.

“Fengmiao I is a key catalyst for the local offshore wind sector. Starting in 2027, this project will help power our data center, cloud region and offices in Taiwan. By integrating offshore wind with our existing solar and geothermal projects, we’re advancing our 24/7 carbon-free energy goal while helping Taiwan bring on new energy resources to help meet electricity demand.”

The statement details how the project supports integrated clean energy operations.

The agreement supports an ongoing corporate effort to operate entirely on carbon-free energy by 2030, underlining a strategic focus on pairing energy supply with demand throughout every hour and region. Detailed analysis suggests that such diversified renewable contracts may guide similar initiatives elsewhere. Evidence indicates that this combined approach may offer valuable insights into long-term sustainable energy planning.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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