Google collaborates with BlackRock to improve Taiwan solar power

Google's Green Investment

Google has invested in Taiwan's New Green Power, with the potential to purchase up to 300 megawatts of renewable energy to cut both its own and its suppliers' carbon emissions.

Commitment to Carbon-Free Energy

Despite rising emissions due to increased demand for AI data processing, Google tries to operate on carbon-free energy on an ongoing basis.

Taiwan's Energy Landscape

Taiwan, an essential hub for Google's cloud technology, is heavily reliant on fossil fuels, with nonrenewable sources accounting for 85% of total power generation.

Building Solar Infrastructure

Google's investment seeks to promote the development of a large-scale solar pipeline in Taiwan, helping the country achieve its goal of 20 GW of solar power by 2025 and 80 GW by 2050.

Regions such as Asia Pacific confront problems in decarbonization due to poor infrastructure, but Google's efforts will help push equity and loan funding for a 1 GW solar pipeline.

Decarbonizing Asia Pacific

Reducing Scope 3 Emissions

By sharing renewable energy with suppliers and manufacturers, Google hopes to reduce Scope 3 emissions, which are associated with its value chain, and contribute to a more sustainable supply network.

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