LOADING

Type to search

Google Signs First Geothermal Energy Deal in Asia to Power Taiwan with 24/7 Clean Electricity

Google Signs First Geothermal Energy Deal in Asia to Power Taiwan with 24/7 Clean Electricity

Google Signs First Geothermal Energy Deal in Asia to Power Taiwan with 24/7 Clean Electricity

  • 10MW of geothermal capacity added to Taiwan’s grid to support Google’s data center and local operations.
  • First corporate geothermal PPA in Taiwan, potentially doubling the island’s current installed capacity.
  • Strategic equity investment in Baseload Capital to scale geothermal energy across Asia-Pacific and beyond.

Google has signed its first corporate power purchase agreement (PPA) for geothermal energy in Asia, marking a major step in its clean energy transition strategy across the region. The deal, secured with global geothermal developer Baseload Capital, will deliver 10 megawatts (MW) of consistent, round-the-clock geothermal energy to the Taiwanese grid.

These initial projects, developed by Baseload Capital, will add 10MW of geothermal energy to the Taiwan grid that powers our data center and local operations and help catalyze the geothermal market across Asia Pacific,” said Michael Terrell, Google’s Senior Director for Energy and Climate.

Michael Terrell, Google’s Senior Director for Energy and Climate

This agreement represents the first-ever corporate geothermal deal in Taiwan, a nation sitting on significant untapped subsurface energy potential due to its position on the Pacific Ring of Fire. According to Google, this initial deployment could nearly double Taiwan’s existing geothermal capacity, serving as a foundation for broader market development.

To accelerate deployment, Google has also made an equity investment in Baseload Capital, reinforcing its commitment to long-term clean energy innovation and supply chain development in the region. The partnership is expected to stimulate local job creation, reduce project costs, and enhance deployment speed.

RELATED ARTICLE: Google to Release Carbon Footprint Reports for Google Advertising to Track Emissions

Corporate demand has a critical role in bringing these technologies to the market,” Terrell noted. “By signing these long-term agreements and investing in Baseload Capital, we aim to help scale corporate procurement for geothermal — not only in Taiwan, but also in markets like Japan and Indonesia.”

This move builds on Google’s broader strategy to source 24/7 clean energy for its operations. The company is already exploring next-generation geothermal solutions through its partnership with Fervo Energy in Nevada and global subsurface data research via Project InnerSpace. In the Asia-Pacific region, it is also advancing geothermal R&D in Australia.

Adding clean firm capacity to the grids where we operate is key for meeting our electricity demand reliably,Terrell emphasized.

With Taiwan targeting 6 gigawatts of geothermal capacity by 2050, this initiative sets a precedent for corporate-led geothermal market activation — a step Google hopes will be replicated globally.

Follow ESG News on LinkedIn

Topics

Related Articles

LOADING

Type to search

Blog

GameChange Solar Brings Utility-Scale Tracker Technology to New Zealand
Monsoon Wind Powers Up 600 MW, First Cross-Border Wind Farm in Asia
Hong Kong Positions Itself as Global Hub as 90% of Family Offices Integrate ESG
Enfinity Global Secures $341M to Build 276 MW of Solar Projects in Italy
thyssenkrupp Nucera Acquires Green Hydrogen Systems Assets
Neuberger Berman Joins Blackstone in Backing Sustainability Software Provider Sphera
Ghana, Singapore Forge Sustainable Development and Carbon Market Partnership
Diginex, SGS Strengthen Alliance to Scale Sustainable Finance Solutions
Iberdrola España Starts Commissioning of €200M Ciudad Rodrigo Solar Plant
Protecting Nature Could Unlock Growth and Jobs, Says World Bank Report
image of the Triibe team on stage during event
Trump Administration Cuts $679 Million in Offshore Wind Funding
Thailand’s Tourism Authority Drives ESG Tourism to Boost Community Income, Global Recognition
PepsiCo Reports 2024 Progress on pep+ Sustainability and Nutrition Goals
RBI to Integrate Climate Resilience into India’s Financial System
BlackRock, LGIM Face $34 Billion Loss in Dutch Pension Shift
Denmark to Launch EU-Standard Green Bonds, Raising the Bar for Sovereign Issuance
RMI Welcomes 18 Climate Tech Innovators to Drive Global Decarbonization
Rolls-Royce, Microsoft Back HVO as Low-Carbon Fuel for Singapore Data Centres
Temasek’s GenZero Commits to Climate Impact Milestone by 2028
","session_id":"ep-sess-1760494962-sXl87Wxh","page_url":"https:\/\/esgnews.com\/google-signs-first-geothermal-energy-deal-in-asia-to-power-taiwan-with-24-7-clean-electricity\/","post_id":"35316","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */