Wedoany.com Report-Apr. 15, Google has entered into Taiwan’s first corporate geothermal power purchase agreement with Baseload Power Taiwan, a subsidiary of Sweden’s Baseload Capital. The announcement highlights a significant step in expanding renewable energy options in the region.
Google signs Taiwan's first geothermal energy corporate agreement.
Geothermal energy harnesses heat from beneath the Earth’s surface to produce steam, which powers turbines to generate electricity. As a renewable resource, it provides a consistent and reliable source of baseload power, supporting energy needs around the clock.
This agreement marks Google’s first geothermal power deal in the Asia-Pacific. The initial phase is set to deliver 10 megawatts of electricity to Taiwan’s grid, fostering the growth of the local geothermal energy market and contributing to a more diverse energy mix.
Taiwan’s position along the Pacific Ring of Fire offers access to substantial geothermal resources. These natural conditions make geothermal energy a promising avenue for improving energy reliability and expanding the island’s renewable energy portfolio.
A Google spokesperson stated: “This is a key milestone in our commitment to clean energy in Taiwan. Geothermal power complements our earlier efforts with solar and strengthens our support for sustainable energy development in the region.” The deal builds on Google’s prior renewable energy initiatives in Taiwan, including the island’s first corporate solar power purchase agreement in 2019, which secured 10 megawatts from a solar farm in Tainan.
The The agreement with Baseload Power Taiwan reflects Google’s ongoing efforts to advance clean energy solutions in Taiwan. By adding geothermal power to its portfolio, Google aims to support the region’s transition to sustainable energy while meeting growing electricity demands with minimal environmental impact.
This partnership is expected to encourage further investment in geothermal infrastructure in Taiwan. It also sets a precedent for corporate involvement in renewable energy projects, potentially inspiring similar initiatives across the Asia-Pacific region.
The collaboration between Google and Baseload Power Taiwan underscores the potential of geothermal energy to contribute to a stable and sustainable energy future. As Taiwan continues to develop its renewable energy capabilities, this agreement serves as a foundation for future growth in the sector.
