Archive — US — techcrunch
Google bets on geothermal to power data centers in Taiwan
Google will invest in 10 megawatts of geothermal power in Taiwan, marking its first geothermal venture in Asia. Developed by Baseload Capital, the project aims to enhance Google's renewable energy portfolio. This move follows a similar investment in Nevada and reflects Taiwan's goal to harness 6 gigawatts of geothermal energy by 2050.
Key points
- Google announced its investment in geothermal energy in Taiwan.
- The project will contribute 10 megawatts of geothermal power.
- Baseload Capital, a Swedish company, is developing the project through a local subsidiary.
- This project follows Google’s earlier collaboration with geothermal startup Fervo in Nevada.
- Taiwan aims to generate 6 gigawatts of geothermal energy by 2050, utilizing its location along the Ring of Fire.
Why it matters
- This investment aligns with IT trends focusing on sustainable energy sources.
- Geothermal energy is increasingly recognized for its potential to provide reliable energy, especially in regions with geothermal activity.
- The shift towards geothermal energy is significant in the context of global efforts to reduce carbon emissions by 2050.
Google's investment in Taiwan's geothermal energy signifies a commitment to renewable resources, echoing broader trends in sustainability as companies embrace cleaner energy technologies.