Googlingthe giant of Internetwants to be 100% renewable and comes to Italy, Poland, Belgium j The Netherlands (to a larger extent). To achieve its goal, it formalizes its greatest PPA wind in The Netherlands. It has a clear goal and will not stop until it achieves this: by 2030, it wants to deliver clean energy to all networks it operates. To date, it is the largest power purchase agreement (PPAdue to the abbreviation in English) of its history.
Energy renewable that will be delivered has its origins in offshore wind farms on the coasts of the The Netherlands. In 2020, the Dutch government set an offshore wind energy target of 70 GW by 2050, with the aim of decarbonizing the energy supply and encouraging competitive production of green hydrogen.
Linking electricity production in large projects to energy purchase and sales contracts has become very common for years. The reason is very simple. Thanks to these types of contracts, project developers guarantee their income and customers have an offer at a fixed price. In this way they forget the volatility that can occur in energy prices.
In this context the giant Internet He saw the opportunity and decided to seize it. Agreement was reached on the purchase of 478 MW of energy from two new wind farms, implemented by the consortia Crosswind j Ecowendeof the joint ventures by Shell and the Dutch company Eneco. Googling has announced future contracts for the supply of clean energy Italy, Poland j Belgium. They are smaller contracts than those of The Netherlands and for now there aren’t too many financial details.
Google is gaining ground in the field of sustainable internet
Googling aims to equate each hour of electricity consumed with one hour of clean energy production, while other companies align their annual electricity consumption with the PPAs. This working method shows a loyal commitment to the real energy consumption of companies.
The giant of Internet signed another agreement in the field of energy renewable last May. He did it with EDP Renewable Energy North America (EDPR AND DG) to develop and install more than 80 distributed solar photovoltaic projects of approximately 650 MWp.
It is the largest corporate sponsorship for distributed generation signed between two entities USAaccording to data from S&P Global and BloomberNEF (BNEF). It could also become the largest distributed manufacturing deal ever struck EDPR to this day with a customer.
Google is strengthening its power in Europe
“We have entered into power purchase agreements with Shell and with Enecojoint venture owners Crosswind j Ecowendeto support 478 megawatts of carbon-free energy capacity with two new offshore wind farms on the grid: HKN V and HKW VI,” the internet company said.
“Our current forecasts indicate that this agreement, once operational, will help both our offices in Italy and our cloud regions Milan j Turinto achieve more than 90% carbon-free energy locally per hour by 2025,” he said Googling.
And he added: “With these power purchase agreements we are helping to integrate eleven new onshore wind farms into the electricity grid, developed by I strove j Luminus, for a total capacity of 84 megawatts.” In this way, the way is open to making the internet renewable.
The Reuters report on this topic published the statements of Matt BrittinPresident of Googling in EMEA: “Our ambition to run on carbon-free energy 24 hours a day by 2030 requires clean energy solutions in all networks in which we operate.”
It’s clear that Googling has taken a step forward towards Internet renewable and he doesn’t want to stop.