HomeRenewable energy ›GE Provides Corporate Wind PPA for Google in Sweden

GE Provides Corporate Wind PPA for Google in Sweden

GE Renewable Energy initiated and negotiated the PPA to retail the majority of the power generated by the wind farm to match the consumption of Google’s data centers in the region with renewable energy

October 01, 2019. By News Bureau

GE Renewable Energy has announced the signing of a Corporate Power Purchase Agreement (PPA) to retail energy from the Björkvattnet Onshore Wind Farm in Sweden to Google. GE Renewable Energy initiated and negotiated the PPA to retail the majority of the power generated by the wind farm to match the consumption of Google’s data centers in the region with renewable energy.

Google had lately announced that it has made its largest-ever purchase of renewable energy, totaling more than USD 2 billion in new energy infrastructure produced by solar panels and wind turbines located around the world.

The procurement is made up of a 1,600 megawatts (MW) package of agreements and includes 18 new energy deals. Together, these deals will increase the firm’s worldwide portfolio of wind and solar agreements by more than 40 percent, to 5,500 MW—equivalent to the capacity of a million solar rooftops.

Sustainability has been one of Google’s core values from its earliest days, and a cornerstone of its related efforts is its commitment to clean energy, said Neha Palmer, director of operations, Google.

“This announcement will add new renewable energy to the grids where we consume it, creating new construction jobs and making clean power accessible to nearby communities,” she said.

“This project represents GE Renewable Energy’s unique ability to package technology and investing expertise to structure integrated off-take and financing solutions,” said Justine Ryan, global director, Commercial Partnering & Development, GE Renewable Energy. “It is a landmark project that demonstrates what we can achieve with new economic models and we are thrilled to have formed a new relationship with Google.”

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